Woodland Cottages
Legal trust name CS1031 Texas Active Living I, DST
DST interests are illiquid private securities. You may lose some or all of your investment. Distributions, tax treatment, and exit timing are not guaranteed. Review the current Private Placement Memorandum before investing.
Woodland Cottages is the underlying asset of CS1031 Texas Active Living I, DST, a Capital Square Delaware statutory trust offering. Located at 161 Friendship Lane in Fredericksburg, Texas (Gillespie County), it is a 62-unit, ADA-compliant, active-adult (55+) build-for-rent cottage community that Capital Square reported was newly delivered in 2025 and 100% leased at acquisition. The unit mix spans 20 one-bedroom and 42 two-bedroom cottages, supported by a 6,000-square-foot clubhouse, pool, fitness center, and concierge. Capital Square acquired the property in August 2025 for a DST offering targeting $34 million in equity, which the sponsor announced was fully subscribed on December 15, 2025.

Raised $34M equity, fully subscribed Dec 2025; ADA-compliant homes; 6,000 SF clubhouse
62 units (avg 1,208 SF)Based on issuer-filed Form D notices through Aug 18, 2025. Amounts are self-reported, may lag current subscriptions, and do not confirm availability. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
Form D is an issuer notice filing. A filing does not mean the SEC approved, endorsed, or verified the offering.
Offering profile
Property identity
Woodland Cottages is a 62-unit, active-adult (55+) build-for-rent cottage community at 161 Friendship Lane, Fredericksburg, Texas 78624, in Gillespie County. Capital Square reports it was newly delivered in 2025 and 100% leased at acquisition. The community comprises 20 one-bedroom residences averaging 899 square feet and 42 two-bedroom residences averaging 1,355 square feet, all ADA-compliant with zero-threshold showers and aging-in-place features, and includes a 6,000-square-foot clubhouse, swimming pool, fitness center, and resident concierge 1.
Trust and offering
The property is held by CS1031 Texas Active Living I, DST, on whose behalf Capital Square acquired the community in August 2025 1. A Form D notice filed with the SEC on August 18, 2025 reported a $34,000,000 total offering with $0 sold as of that filing date 2. Capital Square announced on December 15, 2025 that the offering was fully subscribed, raising $34 million in equity from accredited investors 3.
Sponsor
Capital Square, acting through Capital Square Property Holdings CS1031 LLC, is a vertically integrated national real estate firm specializing in Delaware statutory trusts for §1031 exchanges, opportunity-zone funds, and REITs. It was founded in 2012 and is headquartered at 4851 Lake Brook Drive, Glen Allen, Virginia 3.
Sources (3)
In the news
Frequently asked questions
Is Woodland Cottages currently active?
Woodland Cottages is classified by Top1031 as active. “Active” reflects the latest public record and does not confirm that interests remain available.
Where does Top1031 get the data for Woodland Cottages?
Top1031 tracks this offering from SEC Form D filings and cited sponsor disclosures. Filing data may lag current subscriptions and does not mean the SEC approved or verified the offering.