Central Texas
I-35 Corridor Residential Developer — JV
Project-level
JV on 480-lot subdivision
Developer brought the land and entitlements; we brought capital and structure. JV closed with shared upside through lot deliveries.
RAW Ventures
Operator-led acquisition & investment
Real Estate & Land · Texas
Land development is core to RAW Ventures. We acquire residential lot developers, master-planned operators, and land banking businesses across high-growth Texas corridors. Quiet, principal-to-principal conversations.
Valuation
Land development is valued on entitled-lot inventory, takedown agreements, and projected lot deliveries — not pure EBITDA. We underwrite at the asset level and at the entity level.
EBITDA Multiple
Asset-based + 3.0x – 5.0x Adjusted EBITDA
Revenue Multiple
Project-by-project basis
Educational ranges based on RAW Ventures' active Texas deal flow. Your business will be valued on its specific financials and risk profile.
What Drives Value
Common Detractors
Acquisition Criteria
Revenue
Project-dependent
EBITDA
Project-dependent
Geography
DFW, Houston, Austin, San Antonio, Hill Country, Permian Basin, I-35 corridor.
Notes
Entitled lot developers, MPC operators, land bankers.
Succession & Structure
Not every Land Development owner wants the same exit. We structure transactions around your timeline, your tax picture, and your relationship with the team.
Explore Succession Hub →Anonymized Texas Case Studies
Central Texas
Project-level
JV on 480-lot subdivision
Developer brought the land and entitlements; we brought capital and structure. JV closed with shared upside through lot deliveries.
Frequently Asked
No — we acquire and partner across the entitlement curve. Pricing reflects risk.
Yes. Asset-level transactions and JVs are common.
Confidential Inquiry
Principal-to-principal. No fees. NDA on request. We reply within one business day.
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