Investment Highlights Why This Portfolio Stands Out • Four newly constructed detached homes completed in 2024 • Delivered vacant, allowing investors to complete the remaining make ready work and implement their own operating strategy • Modern three bedroom floor plans designed to appeal to families, groups, and extended stay guests • Multiple operating strategies including vacation rentals, mid term housing, executive rentals, or long term leasing • Limited deferred maintenance compared to older vacation rental inventory • Located minutes from Canyon Lake, the Guadalupe River, Whitewater Amphitheater, and New Braunfels • Opportunity to establish your own hospitality brand without inheriting existing operations or guest reviews • Attractive basis with value creation driven by operational execution rather than major renovation Revenue Potential Market Performance Estimated Average Daily Rate (ADR): $200 to $240 Typical Occupancy: 40% to 50% Well positioned three bedroom homes with professional management have the potential to exceed these market averages. Illustrative Annual Revenue Per Home Average Performance: $30,000 to $40,000 Professional Management: $45,000 to $55,000 Optimized Operations: $60,000 to $70,000+ Estimated NOI: $18,000 to $32,000 Four Home Portfolio Average Performance: $120,000 to $160,000 Professional Management: $180,000 to $220,000 Optimized Operations: $240,000 to $280,000+ Estimated NOI: $75,000 to $130,000 Revenue projections are estimates based on comparable market performance and operating assumptions. Actual results will vary based on occupancy, pricing strategy, operating expenses, seasonality, and management quality. Prospective purchasers should perform their own independent underwriting.