Pepper Creek Crossing (Temple, TX)

• Type: Land Development & Vertical Build 
• Units: 287 lots for Commercial & Vertical family 
• Acreage: 75 Acres

Red Oak is engaged in the development of a mixed-use community encompassing a 287 single-family lots and multi-family units, strategically located just 15 minutes from the largest U.S. Army base, Fort Hood, and approximately one hour north of Austin, Texas. We are currently in the process of securing entitlements and anticipate receiving approval in the year 2023. The aforementioned lots are currently in the marketing phase.

The main focus as to why the Red Oak Team is building in the area is due to the critical shortage of housing for the soldiers and local renters. The soldiers often live in motels and hotels at premium rates as there is a massive shortage of rentals near Fort Hood. The Department of Defense provides a stipend to the soldiers and officers, which in turn subsidizes their rent and offers investors of the product an attractive stream of income. Additionally, Temple and Belton are seeing an influx of population as the growth path of Central Texas continues to have impact across the board.

For more information or if you’d like to invest in any of our projects, please contact our team at in**@re******.com.