Portfolio 12 · Elmendorf, Texas
Portfolio 12 in Elmendorf: modular housing, RVs, and retail spaces
A 117-acre parcel of land southeast of San Antonio, purchased in October 2024 and currently undergoing the permitting process for a mixed-use park featuring modular housing, RV sites, and retail spaces. The fundraising campaign has closed: this overview shows how LandQuire is moving the project forward, milestone by milestone.
Funded · approvals pending
- 117 acres purchased on October 11, 2024, by a company established specifically for the project
- Fundraising round with LandQuire investors has closed
- More than 600 lots in the latest plan, including commercial lots
- Approvals have reached 85%
- Elmendorf, Bexar County (Texas)Location
- 117 acres (47.3 ha)Area
- Modular housing, recreational vehicles (RVs), and businessesProgram
- October 11, 2024Purchase of the land
- CloseSunrise
- Sale in the works since July 2026Sale
- LandQuire by the Numbers
- 50land development projects launched since 2021
- 37projects sold
- 3,143U.S. counties analyzed
Portfolio 12 at a Glance: A Mixed-Use Site in Elmendorf
Elmendorf is a small town in Bexar County, about 27 km southeast of downtown San Antonio, Texas’s second-largest city with a population of over 1.5 million. The town is part of the San Antonio-New Braunfels metropolitan area.
Portfolio 12 consists of 117 acres of grassland and oak forest, purchased on October 11, 2024, by LQ Investments Portfolio Twelve LLC, the company established solely for this property.
The latest development plan calls for 643 units: modular housing, followed by RVs in a second phase, and approximately 3 acres of commercial lots. LandQuire obtains the permits and then resells the approved land; it does not build the park.
In the same city, an earlier LandQuire project—which is further along—illustrates the same process:the real estate investment in Elmendorf under Portfolio 11, which has already been offered to buyers.
Source: U.S. Census Bureau, city population estimates as of July 1, 2025.
Why Portfolio 12 Combines Three Uses on a Single Plot of Land
A lot that can accommodate various types of occupants attracts more buyers on the resale market.
Affordable housing near a major metropolitan area
Modular homes meet the demand from households looking for more affordable housing within a reasonable distance of San Antonio.
Motorhome sites in the second phase
RV sites are planned for a second phase, which will spread out the construction work and infrastructure needs.
Commercial lots
Approximately 3 acres of commercial lots round out the development and serve future residents.
A second output option
At the same time, LandQuire is exploring a version for single-family homes, which has already attracted the interest of a national homebuilder.
What's the status of Portfolio 12?
Purchase of the Land
October 2024: After raising funds from investors, the project company purchases the land.
Plans and Studies
From October 2024 to July 2025: surveys, subdivision plan, traffic study, retention basin, stormwater management. The development plan was revised several times; its final version includes 643 lots.
Permissions
In October 2026, the permits are 85% complete: technical reviews by the City of San Antonio and water department filings are finished; the sewer system is currently being approved by Bexar County; certification letters are expected; and the plan will then be filed.
Disposal
Preparations for the sale have been underway since July 2026: the list of preferred developers and builders has been drawn up, and the brochure and the listing by a real estate agent are being finalized.
Who is a project like Portfolio 12 intended for?
The Portfolio 12 fundraising round has closed. Ongoing fundraising rounds follow the same model, starting at $100,000 per project, for a minority stake in your portfolio.
Individuals with €100,000 or more to invest
You invest a portion of your savings in dollars in a specific property, without having to manage permits or tenants.
Business Leaders After a Sale
You can diversify the proceeds from the sale of your business into U.S. real estate, with a published timeline and milestones. You can invest directly or through your holding company.
Family offices
You enter data on a project-by-project basis into a company focused on field operations, with quarterly reports that you can consolidate.
Wealth Management Professionals and Financial Advisors
You base your advice on concrete evidence: site, company, milestones, reports. Your clients can see where their money is going.
Example: $100,000 in a project such as Portfolio 12
Here's what happens to a $100,000 ticket in a project like this, from signing to distribution.
| Step | What Happens to Your Ticket |
|---|---|
| Subscription | You sign the PPM and the subscription agreement, then transfer $100,000 to the project company's account. |
| Purchase | The land will be purchased in October 2024. The acquisition and clearance costs are already included in the project budget. |
| Valuation | Maps, utility maps, permits: LandQuire handles every case. One report each quarter, one K-1 form each year. |
| Disposal | The approved land is sold to a park operator or a developer. |
| Cast | First, you get your principal back, and then your share of the profits, as specified in the project's PPM. |
| Duration | Target term: approximately 36 months for current funding rounds, with no guarantees. Plan for 5 years or more. After 60 months, LandQuire waives its share of the capital gains. |
Your share of the profits depends on the amount invested: 55% for amounts under $250,000, up to 70% for amounts of $1 million or more.
All the steps for subscribing are on the page titled “How to Invest in a Real Estate Project.”
The Evidence Behind Portfolio 12
A parcel of land listed in the county registry
The title deed is registered in Bexar County in the name of the project company.
A company established specifically for this property
LQ Investments Portfolio Twelve LLC, incorporated in Florida in May 2024, owns the property; LandQuire Management is overseeing its development and sale.
A plan that is refined with each review
There have been four successive versions of the development plan, each incorporating feedback from the county and the engineering department.
A secure plot of land
Each property is covered by liability insurance, which is renewed annually.
A model that has already been brought to market
Of the 50 projects launched since 2021, 37 have been sold. The other plots currently awaiting approval are listed on the page for funded land projects.
Frequently Asked Questions About Portfolio 12
Can we still invest in Portfolio 12?
No: The funding round is closed, and the land belongs to the project company. Open funding rounds are listed on the "Current Offers" page, starting at $100,000 per project.
Why a lot for modular homes and RVs?
This type of development meets the demand for affordable housing in the areas surrounding major Texas cities. Having multiple uses on a single property broadens the pool of potential buyers when the property is resold.
How long will my capital remain invested?
Until the authorized sale of the land. Target duration: approximately 36 months for current offerings, with no guarantee. Plan for 5 years or more. After 60 months, LandQuire waives its share of the capital gain. Other risks are listed on the real estate investment risks page.
What fees are charged?
Acquisition and exercise fees are included in the project budget, with no annual management fees. The PPM for each project provides details on these fees.
Can I invest the proceeds from the sale of my business?
Yes, consult your tax advisor. If you made a contribution-in-kind, the U.S. real estate is not subject to the mandatory reinvestment requirement, but it can still be included in the unrestricted portion: see our guide onthe 150-0 B ter contribution-in-kind.
Does the dollar affect my results?
Yes. You invest and are paid in dollars; your return in euros depends on the exchange rate on the day you repatriate the funds.
After Portfolio 12, our other projects near San Antonio
Funded
Portfolio 11 · Elmendorf, Texas
49 acres for a development of 360 modular homes, which are already being offered to buyers.
View the listing
Fundraising in progress
Portfolio 22 · Cibolo, Texas
94 acres for a residential development, northeast of San Antonio.
View the listing
Open Offers
All Current Offers
Public offerings and related documents, starting at $100,000 per project.
View current offersChart your own course, milestone by milestone
Create an account to access active fundraising campaigns, their documents, and tracking information.
Past performance is not indicative of future results; all investments involve the risk of capital loss.