Private Investment Materials*
Private Investment Opportunity · Austin, Texas
Four individually designed luxury homes in one of Austin's most sought-after neighbourhoods.
Early design concept The Partnership
Developer & Builder
You already know who we are — that's how you got here. For the record: Modstone is an Austin-based developer using 3D printing, robotics, and AI-assisted design to build homes that are healthier, more desirable, and finished to a standard conventional construction can't match. Modstone and the Holm Team have come together as "Modsholm".
Realtor & Project Originator
Austin's premier luxury real estate team with 40+ years of combined experience, $1.5 billion in career sales, and 1,500+ transactions completed. Matt Holm is a passionate advocate for modern technologies, particularly ICON 3D printing. Specialists in the city's most sought-after neighbourhoods, and deeply networked in Austin's tech, finance, and startup community.
Construction Partner
ICON is the Austin-based construction technology company behind the world's most advanced 3D-printed homes, including House Zero and the Wolf Ranch community. The Titan print system brings precision and design freedom at a level conventional construction can't match.
The Site
The heart of iconic Clarksville. New inventory here is genuinely rare.
The full acre is currently occupied by four structures: a striking A-frame church sanctuary with stained glass windows, a two-storey limestone office building, a single-family home, and a daycare. The seller is converting the front portion. We are acquiring the back.
The front of the site is being transformed by the seller. What's going in reinforces exactly why people want to live here.
The A-frame sanctuary, with its soaring timber ceilings and stained glass, is being converted into an expanded First Light Coffee & Books, one of Austin's most-loved independent bookshops and cafés.
See First Light →
Image is an inspiration reference for the planned redevelopment.
The old office building is being redeveloped: downstairs becomes an art gallery, upstairs becomes offices designed for the way people want to work.
The back half-acre is currently being subdivided, and is expected to complete around September–October 2026. That back parcel is what we are acquiring: a quiet, tree-lined pocket in the heart of Clarksville, accessed from the side street, with no busy road frontage. Homeowners here aren't just buying a home, they're buying into an ecosystem. A coffee shop, bookstore, art gallery, and healthier offices right on their doorstep.
Four individually designed spec homes, each built to a standard that typically only exists in a fully custom build. Specifications below reflect early planning estimates and will be refined as design development progresses.*
Early design concept *Specifications are provisional and subject to change as design development progresses.
A preview of the interior direction: early mood board imagery that captures the design ambition for these homes. Finishes and specifications will be confirmed as design development progresses.
The plan is to presell all four homes before a single wall goes up, potentially as early as this summer. Worst case, they go to market in 2027.
These homes are being built using ICON's Titan print system, the same technology behind House Zero and the Wolf Ranch community. For this project, that means faster construction, tighter tolerances, and design flexibility that opens up interior possibilities conventional framing can't achieve.
The Market
Interest rates surged from 3% to 7.5% in 2022, freezing the market overnight. Buyers paused, developers halted, construction stalled. The drama ran for years, and the narrative that formed around it painted Austin as a cautionary tale.
The data tells a different story.
Austin is still absorbing around 50,000 new residents a year. Four years of suppressed buying has built a massive pool of deferred demand. Real buyers, real budgets, waiting for the right signal. That demand didn't disappear, it compounded.
The Austin housing market has largely stabilised. Prices have settled at levels that make sense without the COVID spike and the overcorrection that followed. The drama is in the headlines, not the data.
The broader signals are encouraging. Warren Buffett is deploying over a billion dollars into US housing. Policy pressure on rates is building. The bottom has formed. The market is balanced, and the direction is clear.
The development pipeline is years behind. Builders can't respond fast enough, and that imbalance will persist. Anyone delivering a quality product in the next 18 months arrives ahead of the recovery, not into it.
In February 2026, SpaceX acquired xAI, valuing the combined entity at roughly 1.25 trillion dollars. xAI's last funding round alone was 230 billion dollars post-money after raising twenty billion. The SpaceX IPO is expected mid-June 2026, trading as SPCX.
xAI relocated its headquarters to Austin in 2024 and took over Seaholm office space in Downtown Austin in April 2026. The liquidity event this creates for Austin-based equity holders is without precedent for this city. Austin already has ten billionaires and ranks tenth among US cities by billionaire count. That number is about to move.
Clarksville is where the people this wealth creates want to live. Walkable. Historic. No new inventory. High-income professionals, tech and finance money, and now a local wealth creation event of this scale. These aren't separate forces, they compound.
We deliver in approximately 18 months, in a prime Clarksville location, with a product built for exactly the buyer who's been holding off. Our exit pricing is underwritten on what we believe are realistic numbers for today's market. We have not assumed any of these tailwinds in our projections. Any additional upside from what's described above is just that: upside.
West Lynn, a condo development around the corner, is asking over $1,700 per square foot for shared walls, shared floors, shared ceilings, no privacy. A few blocks away at Sixth and Blanco, a beautiful project is being developed, asking $3,000 per square foot. We're coming in at under $1,400 per square foot. Four independent homes, on independent lots, with privacy, proper yards, private pools. Unbelievably competitive pricing.
*Comps are based on publicly available market data. Projected sale price not guaranteed.
The Numbers
All figures are provisional projections based on early-stage planning estimates. They are intended to illustrate the anticipated opportunity and are subject to change as the project develops. Nothing on this page constitutes a guarantee of returns or an offer to invest.
Due Diligence
Access the full due diligence package: financial models, legal structure, property details, and supporting materials.