M&A Development
DALLAS, TX EST. 30+ YRS
Schedule a call
FIG. 01 M&A Development · Texas Triangle Land Fund · 506(c)

A 30%+ target IRR from Texas Triangle land sold to national homebuilders.

Acquire raw land across Dallas, Austin, San Antonio, and Houston plus 12 secondary corridors. Entitle. Sell to national homebuilders. 401(k) and IRA eligible. Accredited investors and qualified purchasers only.

FIG. 01TEXAS TRIANGLE · 2026 SERIES
DALLAS DFW · HQ AUSTIN Capital SAN ANTONIO South Central HOUSTON Gulf Coast M&A · TEXAS TRIANGLE LAND FUND N ~ 250 MI
Texas Triangle Land FundDallas · Austin · San Antonio · Houston
Target IRR
30%+
project level
Preferred
10%
to LPs
Multiple
2-3x
target equity
I. THESIS FOUR METROS · 12 CORRIDORS · ONE EXIT
2026 INVESTMENT THESIS

The land the homebuilders cannot find fast enough.

The Texas Triangle is the 4th most populous U.S. mega region and has produced 35% of all U.S. job creation since 2020. Texas added 1.6 million residents in three years, and the national homebuilders cannot keep up.

The bottleneck is not capital or labor. The bottleneck is entitled land. KB Home, DR Horton, Lennar, and Pulte need finished lots delivered on a fixed timeline and cannot find them across DFW, Austin, San Antonio, and Houston at the velocity they are selling.

M&A Development acquires raw land in those four metros plus 12 secondary growth corridors, runs the full entitlement process across zoning, planning, and infrastructure approvals, and sells the finished lots to the national homebuilders. The 30%+ target IRR is the math of that supply gap.

1.01Acquire

Raw or underutilized land in the Texas Triangle and 12 secondary corridors.

1.02Entitle

Run zoning, planning, and infrastructure approvals to finished-lot status.

1.03Sell

Exit to KB, DR Horton, Lennar, Pulte, and other national homebuilders.

1.04Distribute

Return capital plus the spread between raw acquisition and entitled-lot value.

1.05Repeat

Redeploy proceeds into the next acquisition across the same 16-market footprint.

II. OFFERING LEDGER TEXAS TRIANGLE LAND FUND · 2026

One fund. Sixteen Texas markets.

Texas Triangle Land Fund is a 506(c) vehicle that acquires raw land across Dallas, Austin, San Antonio, Houston, and 12 secondary growth corridors, then entitles and sells to the national homebuilders. 401(k) and IRA eligible. Accredited investors and qualified purchasers only.

2.01
FundTexas Triangle Land Fund · 506(c) · 401(k) and IRA eligible
Open subscription
Accredited + QP only
2.02
Target IRRProject-level, gross of fund-level fees
30%+
target, not guaranteed
2.03
Preferred ReturnPaid to LPs ahead of GP promote
10%
to limited partners
2.04
Equity MultipleTargeted return of capital plus profit
2-3x
target on invested equity
2.05
MarketsFour primary metros plus 12 secondary corridors
DFW · AUS · SAT · HOU
+ 12 secondary corridors
2.06
Firm AUMActive projects across the M&A Development platform
$1B+
84 projects · 899 acres · 3,343 units
III. THE NUMBERS TARGET · PLATFORM · MARKET
Target IRR
30%+
project level, target only
Active Projects
$1B+
in current development across the platform
Project Count
84EA
across residential, mixed-use, industrial
Macro
35%
of all U.S. job creation since 2020 in the Texas Triangle
IV. FOUNDER 30 YEARS · TEXAS RE
ST
PORTRAIT — FOUNDER
Scott Theeringer
Founder & CEO · 30 years Texas RE

Texas added 1.6 million residents in three years. The homebuilders cannot keep up because they cannot find entitled land. We have spent 30 years buying raw land across the Texas Triangle and producing entitled lots on the timeline that the builders need them. The 30%+ target IRR is the math of that supply gap.

Scott Theeringer · Founder & CEO, M&A Development · Dallas, TX · 30+ years operating
V. INVESTOR RELATIONS SCHEDULE A CALL

Schedule a conversation.

Fifteen minutes with M&A Development investor relations. Walk through the current land inventory across DFW, Austin, San Antonio, and Houston, and the 401(k) and IRA eligibility for the Texas Triangle Land Fund.

ON THE CALL
  • Current land inventory across the four primary metros
  • The 12 secondary growth corridors under acquisition
  • 30%+ target IRR, 10% preferred, 2-3x equity multiple mechanics
  • 401(k) and IRA subscription pathway
  • 506(c) accredited verification process