Trilogy Investment Company, a fully integrated residential development and investment firm, has closed a construction loan and broken ground on REV3 at Walnut Creek, a 190-unit build-to-rent townhome community in Austin, Texas. Horizontal construction will begin in March, advancing the first phase of the project in the rapidly growing Northeast Austin submarket.
REV3 at Walnut Creek is located near Samsung’s semiconductor campus and within the broader corridor benefiting from sustained job growth in advanced manufacturing and technology. Samsung’s expansion in nearby Taylor represents a multi-billion-dollar investment expected to support thousands of direct and indirect jobs, reinforcing long-term economic fundamentals in the region.
“REV3 at Walnut Creek represents a significant milestone for our team,” said Jason Joseph, CEO and Managing Partner of Trilogy Investment Company. “We have remained disciplined and steadfast in our approach to this site through evolving market conditions and supply absorption over the last four years, and we believe the timing finally aligns well with the continued investment and employment growth in Northeast Austin. With major corporate expansion and sustained population gains, this corridor continues to demonstrate strong demand for quality housing.”
Austin remains one of the fastest-growing large metropolitan areas in the United States. Between 2020 and 2024, the Austin metropolitan area added more than 267,000 residents, reflecting approximately 11 percent population growth during that period, according to regional reporting based on U.S. Census data. Continued in-migration and employment expansion underscore demand for diverse housing options across the market.
The 190-unit community will feature three-bedroom townhomes averaging approximately 1,493 square feet. Each residence will include a one-car attached garage, open-concept layouts, and modern interiors designed to provide the space and functionality of a single-family home with the flexibility of renting.
REV3 Homes, a division of Trilogy Investment Company, will serve as builder for the project, drawing on more than 125 years of combined team experience in residential construction. The development reflects Trilogy’s focus on efficient design, quality execution, and long-term value creation in growth markets.
Situated along Sprinkle Cutoff Road in Northeast Austin, the community provides access to SH 130, US 290, and IH-35, connecting residents to Downtown Austin, The Domain, Austin-Bergstrom International Airport, and major employment centers throughout the metro area. Nearby retail and dining at Tech Ridge further enhance the location’s accessibility and appeal.
Leasing is anticipated to begin in the third quarter of 2027, with completion slated for late in the second quarter of 2028.
