Modstone

Private Investment Materials*

Clarksville

*By accessing this page, you confirm that you are an authorised recipient of this material. Nothing contained herein constitutes an offer to sell or a solicitation to buy any security. All figures are preliminary, subject to change, and are provided for informational purposes only. Please do not forward or share this material without express written permission from Modstone.

Clarksville

Four individually designed luxury homes in one of Austin's most sought-after neighbourhoods.

~50% Target IRR
~18 mo. Timeline
Clarksville development site Early design concept

Who's Creating This?

Austin, Texas

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".

Compass · Austin, Texas

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.

Austin, Texas

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.

West Lynn & 14th, Clarksville

The heart of iconic Clarksville. New inventory here is genuinely rare.

Aerial map of West Lynn & 14th and surrounding Clarksville neighbourhood

Currently on the site

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.

Annotated aerial view of the current 1306 West Lynn site

What's happening out front

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 church exterior at 1306 West Lynn

Church → First Light Coffee & Books

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 →
The limestone office building at 1306 West Lynn

Image is an inspiration reference for the planned redevelopment.

The old office → Art gallery + healthier offices

The old office building is being redeveloped: downstairs becomes an art gallery, upstairs becomes offices designed for the way people want to work.

The Project

What We're Buying

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.

Aerial showing the back parcel being subdivided at 1306 West Lynn

Four Individually Designed Homes

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.*

Full development rendering Early design concept
Home 01 2,200 sq ft 4 bed · 3.5 bath
Home 02 2,600 sq ft 4 bed · 4.5 bath
Home 03 3,000 sq ft 5 bed · 4.5 bath
Home 04 3,500 sq ft 5 bed · 5.5 bath

*Specifications are provisional and subject to change as design development progresses.

Early Design Inspiration

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.

Timeline

April 2026 Anchor investment completed
April 2026 Land secured via deposit
May 2026 Design and architectural development underway
June 2026 Complete fundraise
July / Aug 2026 Start presale campaign
Sept – Oct 2026 Subdivision / platting complete
Sept – Oct 2026 Permit submission
Late 2026 Permits issued, construction loan closed, build begins
Summer 2027 Completion

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.

Built with ICON Technology

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.

Introducing the Titan Print System — ICON

Why Austin? Why Now?

Austin's luxury real estate market has long been undersupplied at the high end. Four years of rate shock didn't kill demand, it deferred it.

The rate shock

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.

The demand that never left

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 turn is forming

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.

Supply isn't coming back quickly

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.

The xAI / SpaceX moment

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.

What this means for Clarksville

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.

Why the Numbers Work

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.

West Lynn Condos · shared walls, no private space $1,700+/sqft Current market
6th & Blanco Ultra high end $3,000/sqft Current asking
Clarksville Independent homes · private lots & pools ~$1,400/sqft Strong downside protection

*Comps are based on publicly available market data. Projected sale price not guaranteed.

The Project

$3.7M Land Acquisition
$5.4M Construction Budget
$15.2M Projected Sales
$4.9M Total Profit

Your Investment

18 mo. Timeline
50%+ Target IRR
1.75x+ Target Multiple
$250K Minimum Investment

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.

Project Documents

Access the full due diligence package: financial models, legal structure, property details, and supporting materials.