Portfolio 23 · Open Raise
Real Estate Investment in Waco, Texas
Upon purchase, you’ll acquire a 58.91-acre parcel of land south of Waco, halfway between Dallas and Austin, zoned for a single-family home development. You’ll be financing the entire value creation process—from agricultural land to approved lots—starting at $100,000.
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- 58.91 acres (23.84 ha) in Robinson, on the southern outskirts of Waco
- 232 lots for single-family homes are included in the project budget
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- Funding starting at $100,000 per project
- LandQuire by the Numbers
- 50land development projects launched since 2021
- 37projects sold
- 3,143U.S. counties analyzed
Why Choose This Real Estate Investment in Waco
Portfolio 23 is a project in its very early stages: this is the point at which we are financing the entire redevelopment of the site.
You move in before purchasing the land
You join the project before the purchase is finalized. Your capital funds the acquisition, followed by the permits that convert an agricultural parcel into building lots.
A lot located outside a flood zone
No part of the 58.91 acres is located in a 100-year floodplain: the property is classified as Zone X by the federal agency FEMA.
A market driven by I-35 and Baylor University
Waco is located on Interstate 35, the highway that connects Dallas and Austin. Its metropolitan area had a population of 308,807 in 2025, and the city is home to Baylor University.
A budget set from the start
The funding covers the entire project budget. If the approvals take longer than expected, you will not be asked to provide any additional funds.
The Real Estate Investment Project in Waco at a Glance
| Landmark | Portfolio 23 |
|---|---|
| Location | Robinson, south of Waco, McLennan County, Texas |
| Area | 58.91 acres (23.84 ha) |
| Project | Single-family home development, 232 lots planned |
| Project Company | LQ Wealth Portfolio 2 LLC, a Florida company |
| Step | Open call; due diligence in progress |
| Minimum ticket price | 100 000 $ |
The land is currently an agricultural plot. The conceptual plan designed by LJA Engineering calls for 238 lots served by a loop road, with two retention basins and three green spaces. The project budget provides for 232 lots: 60 lots with a 70-foot frontage and 172 lots with a 50-foot frontage.
From Farmland to Zoned Land
The land currently qualifies for agricultural exemption (Ag Exempt). To build homes on it, it must be rezoned as a PUD or a residential zone. It is this step—carried out by LandQuire and its engineers—that transforms an agricultural parcel into building lots and creates the project’s value.
The Project Timeline
- October 2026: Opening of the floodgate
- Next: completion of preliminary on-site inspections, followed by the purchase of the land
Next will come the preliminary subdivision plan, followed by the final plan—after the traffic study and approval from the utility providers—and finally, the sale of the approved lots to a developer.
Waco: A Promising Market for Real Estate Investment
Waco is the center of a metropolitan area with a population of 308,807 as of July 1, 2025, up 3.1% from 2021. The city has a population of 147,788, and Robinson, where the property is located, has a population of 13,028.
Between Dallas and Austin, on I-35
Waco is located on Interstate 35, the highway that connects Dallas-Fort Worth to Austin and then San Antonio. The property is located 2.5 to 3 km from I-35 and about a dozen kilometers from downtown Waco.
A college town
Waco is home to Baylor University and the Magnolia Market at the Silos. The university, Magnolia Market, and Lake Waco are all located near the property.
New homes built each year
In 2025, McLennan County approved the construction of 770 single-family homes, compared with 744 in 2024, and a total of 1,442 housing units, representing a 38% increase over 2024. The Waco market has 84 active builders, including national builders; they are the ones who will eventually build on the project’s lots.
Sources: U.S. Census Bureau, population estimates as of July 1, 2025, and the 2025 Building Permits Survey.
Documents Related to the Real Estate Investment in Waco
The brochure, pro forma, detailed budget, and project company documents are available only to members.
Create an account to view them and ask the team your questions.
Who is this real estate investment in Waco intended for?
Portfolio 23 is available starting at $100,000. U.S. real estate should constitute a minority portion of your portfolio.
Individuals with €100,000 or more to invest
You diversify into dollars and real assets, all on a single property that you monitor from purchase through resale. You know where the project stands every quarter.
Business Leaders After a Sale
You reinvest a portion of the sale proceeds in a project that is monitored step by step, outside of France. You can invest directly or through your holding company.
Family offices
You will co-invest in a company dedicated solely to the Waco property, starting with its purchase. Quarterly reports track each step of the permitting process.
Wealth Management Professionals and Financial Advisors
Present your clients with a project at the very beginning of its lifecycle, complete with a timeline and documents that you can share.
Investing in Real Estate in Waco in 6 Steps
Create an account
You can access the brochure, the pro forma, and the Portfolio 23 documents.
Choose your organization type
In your own name using an ITIN, or through an LLC (often in Wyoming) using an EIN.
Open a dollar account
Your contributions and distributions are made in dollars.
Complete the identity verification process
Passport, proof of address, and proof of the source of funds.
Sign and Fire
You sign the PPM and the subscription agreement, then transfer your investment.
Follow the project
A quarterly report and a K-1 form each year, until the property is sold.
Until the land is purchased, the funds deposited are held by the title company, not in a LandQuire account. If the purchase does not go through, the funds are returned to the investors.
Details on each step can be found on the page titled “How to Invest in a Real Estate Project.”
Example: $100,000 in real estate investment in Waco
Here is the journey of a $100,000 contract in Portfolio 23, from subscription to resale.
| Step | What Happens to Your Ticket |
|---|---|
| Subscription | You sign the PPM and transfer $100,000 during the offering. |
| Purchase of the Land | Upon closing of the purchase, the project company will become the owner of the 58.91 acres. |
| Valuation | LandQuire handles rezoning, subdivision planning, engineering, and utility agreements. You will receive a report every quarter and a K-1 form every year. |
| Resale | Approved lots are sold to a developer, who develops them and resells them to builders. |
| Cast | First, you’ll get your $100,000 back, and then your share of the capital gain. No distributions are scheduled before the resale. |
| 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. |
For a $100,000 investment, your share of the profits is 55%; it rises to 70% for investments of $1 million or more.
LandQuire's Commitments to Real Estate Investment in Waco
One company for a single plot of land
The land will be owned by LQ Wealth Portfolio 2 LLC, a Florida corporation incorporated on September 1, 2026, and dedicated to this project. Your investment is used solely for this property.
Written rules for leaving
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.
A secure plot of land
Each property is covered by liability insurance.
A team that has already sold 37 projects
LandQuire was founded in 2021 in Miami by Romain Daniellou and Thibaut Guéant, co-founder and CIO. Of the 50 projects launched, 37 have been sold: their results are listed on the page for sold real estate projects. In the same area, LandQuire has already purchased, developed, and resold a property in Abbott, north of Waco. Learn more about this sold real estate project in Abbott.
Permits, timelines, exchange rates, liquidity: each risk and how LandQuire mitigates it are described on the real estate investment risks page.
Frequently Asked Questions About Real Estate Investment in Waco
What happens if the property inspection reveals a problem before the purchase?
Due diligence will continue through December 18, 2026: if it reveals a problem, the purchase will not go through and the principal will be returned to investors. Other risks are detailed on the real estate investment risks page.
When will I get my principal back?
Upon resale of the land to a developer. Target timeframe: approximately 36 months for current options, with no guarantee. Plan for 5 years or more. After 60 months, LandQuire waives its share of the capital gain.
Why does the land need to be rezoned?
Currently used as farmland, it is not zoned for a housing development: it must be rezoned as a PUD or a residential zone. This is the step that creates value. The land also qualifies for the agricultural exemption, which reduces its property tax: our guide tothe agricultural exemption in Texas explains this program.
What fees are charged to the project?
Acquisition and exercise fees are included in the project budget. There are no annual management fees. Details are provided in the PPM for Portfolio 23.
How are winnings taxed?
You receive a K-1 form each year for your tax returns; the project company’s tax matters are handled by an independent CPA. The rules are summarized in our guide to federal taxation for foreign investors.
What is the minimum investment amount, and is the dollar a risk?
The minimum investment is $100,000. Your investment, the resale, and distributions are all in dollars: your return in euros also depends on the exchange rate at the time you repatriate the funds.
Beyond Waco: Our Other Real Estate Investment Fundraisers in Texas
Two other fundraising campaigns are underway in Texas, in the San Antonio area.
Open lift
Portfolio 22 · Cibolo, Texas
94 acres northeast of San Antonio, along the I-10 corridor. Survey completed prior to the purchase of the land.
View the Cibolo ProjectOpen lift
Portfolio 13 · Atascosa, Texas
215 acres southwest of San Antonio, already acquired and in the process of obtaining permits.
View the Atascosa ProjectInvest in real estate in Waco as soon as you purchase the land
Portfolio 23 is open for investment starting at $100,000. Create an account to view the prospectus, pro forma, and project documents.
Past performance is not indicative of future results; all investments involve the risk of capital loss.