Estraya Boerne | Stabilized Class A Multifamily Investment in Texas Hill Country

Asset type: Apartment · Location: Boerne, Texas

Estraya Boerne is a stabilized multifamily community located in the Texas Hill Country near San Antonio, one of the fastest-growing regions in the United States. The property benefits from strong regional population growth, employment expansion, and sustained demand for attainable rental housing. The investment reflects Steadfast’s disciplined acquisition strategy focused on stabilized or lightly repositioned apartment communities with durable cash flow characteristics. The property was acquired with sponsor capital and operates within Steadfast’s vertically integrated management platform, allowing operational oversight and long-term asset stewardship. Key features of the opportunity include a meaningful sponsor co-investment, a property tax abatement that enhances operating performance, and a capital structure designed to prioritize income durability and downside protection. Estraya Boerne provides investors access to a stabilized asset in a high-growth market while participating alongside an experienced multifamily operator with decades of operating experience.