Investment Details
- Location
- McKinney, TX
- Units
- 376
- Status
- Stabilized
- Website
- www.kinsteadmckinney.com
Kinstead McKinney is located in the rapidly growing city of McKinney, Texas. It offers access to one of the top-ranked school districts in the state, a vibrant historic downtown, and convenient connectivity via SH 121 and US-75. These factors have helped position McKinney as the fifth fastest-growing city in the United States. Kalterra also secured a Chapter 392 partnership with the McKinney Housing Authority, reserving 50% of the units as affordable housing while fully exempting the property from real estate taxes. This structure creates attractive, risk-adjusted returns for Kalterra and its partners while supporting the city's objective of expanding high-quality affordable housing.