Capstone Expands Texas Property Management Portfolio

The firm added five communities across the state, bringing its portfolio to roughly 35,000 units. Property locations include Brownsville, Clear Lake, Pearland, Pharr and San Marcos.

Capstone Real Estate Services Inc. announced they have been awarded management of five additional communities across Texas. The properties are: Jackson Place, Lakeshore, Sundance Meadows, University Heights II and Whispering Winds.

Jackson Place is a recently completed 288-unit community in Pharr, Texas. The property is located at 1701 W Sioux Road. Residents can choose from one- to three-bedroom units, while amenities include a swimming pool with water feature, cabana with outdoor kitchen and reserved parking.

Lakeshore is a 231-unit community located on Space Center Boulevard, in the Clear Lake area near Interstate 45 in Houston. The property offers one- and two-bedroom floor plans and facilities such as a business center, lounge, courtyard, swimming pool, fitness center, tennis court and picnic area.

Sundance Meadows is a new construction located in Brownsville, Texas, slated to open in April/May 2017. The 132-unit, partially affordable community will offer one- to three-bedroom floor plans and a range of amenities including a fitness center, business center, community room, playground and laundry facilities.

University Heights II is a 240-unit, 672-bed student community located at 1101 East River Ridge Parkway in San Marcos, Texas. Common area amenities include a fitness center, business center, clubhouse, basketball court, volleyball court, swimming pool, spa and partially covered parking. The community is located less than three minutes away from Texas State University.

Whispering Winds, built in 1985 at 2902 Whispering Winds Drive in Pearland, Texas, offers 286 units with one-, two- and three-bedroom floor plans. Amenities include a clubhouse, tennis court, playground, two swimming pools, spa and laundry facilities. The property is in close proximity to William P. Hobby Airport and the Kemah Boardwalk.

Recently, Capstone announced the addition of five other multifamily communities to its management portfolio.

Images courtesy of Yardi Matrix & Capstone Real Estate Services Inc.