Top1031

TA Express Travel Center

Net lease property in Houston, Texas · sponsored by Kingsbarn Realty Capital

HistoricalLast Form D, filed Sep 25, 2025, reports the offering fully sold (opens in a new tab)

TA Express Travel Center was a DST sponsored by Kingsbarn Realty Capital that owned a net lease property in Houston, Texas. Its last Form D, filed Sep 25, 2025, reports the offering fully sold.

How it ended

No outcome recorded · under 7 years

The last Form D, filed Sep 25, 2025, reports the offering fully sold.

Kingsbarn Realty Capital has 10 active offerings on record →

Key facts

Minimum investment
$535,500
From the Form D
Offering size
$53,550,000
Equity offered, per the Form D
Sold
100%
Form D, Sep 25, 2025; the % is our arithmetic
Investors reported
26
Form D, Sep 25, 2025
Selling commissions
$1,196,000 · 2.2% of offering
Form D Item 15; the % is our arithmetic
Financing
Not in the Form D. The Form D for this offering does not say whether it carries mortgage debt.
Offered under
Rule 506(c)
May be advertised publicly. Every buyer’s accredited status must be verified.

Figures come from SEC Form D filings unless a source is cited. Sponsor-stated figures are as reported by the sponsor; Top1031 does not independently audit them. On a 45-day clock? Find day 45 and day 180 →

Using this record to judge the sponsor? A licensed 1031 specialist from our affiliated partner can talk it through with you.

Ask a 1031 specialist about this recordFree. About: TA Express Travel Center. Top1031 is not a broker-dealer.

What did TA Express Travel Center own?

The property is a recently renovated TA Express travel center on Beltway 8 (Sam Houston Parkway) just off I-69 in north Houston. It has a convenience store, a CAT scale, laundry, a drivers' lounge and quick-service dining including a Denny's. Kingsbarn Realty Capital's acquisition summary lists the building at 19,105 square feet and the closing as August 8, 2025. 1

Property address
1104 N Sam Houston Parkway E, Houston, Texas

Tenant and lease terms are not in the SEC filings or cited sources.

How was it financed, and what did it cost to sell?

Debt

Financing
Not in the Form D. The Form D for this offering does not say whether it carries mortgage debt.

Costs and terms from the Form D

Selling commissions
$1,196,000 · 2.2% of offering
Finders’ fees
$0
Paid to officers, directors and promoters
$3,769,000 · 7.0% of offering
Form D Item 16
· The filing’s note: “Sponsor/its affiliate will receive financing and acquisition fee totaling $3,470,000 for structuring the offering and the property acquisition, plus $299,000 reimbursement for relevant offering expenses incurred related with the Offering totaling.”
Broker-dealers named in the Form D
1 named in the Form D
Show the firms

Individual representatives named in Item 12 are not listed.

Date of first sale
Aug 4, 2025
Minimum investment
$535,500

Form D Item 15 and Item 16 amounts may be the issuer’s estimates; each percentage is Top1031’s arithmetic on two Form D figures. Item 16 can overlap Item 15, so Top1031 does not add them together. The issuer marked these amounts as an estimate.

What does the SEC record show?

A Delaware statutory trust holds the property, letting 1031 exchangers own fractional interests in it. The Form D reports a first sale on August 4, 2025, and 100 Class 1 interests offered. 3 Rule 506(c) permits public advertising, with each investor's accredited status verified.

Legal Trust name
KB Houston Travel Center, DST
SEC CIK
2084574
First Form D
Sep 25, 2025
Latest Form D
Sep 25, 2025
Filings on record
1
Offered under
Rule 506(c)
May be advertised publicly. Every buyer’s accredited status must be verified.
Source filing
Read the filings on SEC EDGAR

SEC Form D filings, newest first

FiledFormOffering amountAmount soldInvestors
Form D$53,550,000
$53,550,000
26
EDGAR

Amounts, investor counts and minimums are as filed with the SEC on Form D. The change lines are Top1031’s arithmetic between consecutive filings; a new Form D notice starts a new count.

A Form D is the notice a sponsor files when it starts raising money. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.

Common questions

What happened to TA Express Travel Center?
TA Express Travel Center is a Historical offering. The last Form D, filed Sep 25, 2025, reports the offering fully sold.
What does KB Houston Travel Center, DST own?
It owns a TA Express travel center at 1104 N Sam Houston Parkway E in Houston, Texas, sitting on Beltway 8 just off I-69. Kingsbarn Realty Capital's 2024 to 2025 acquisitions summary lists the building at 19,105 square feet and describes the property as recently renovated.
Who operates the travel center?
LV Petroleum, which does business as FuelBros, operates the site. Kingsbarn's August 25, 2025 announcement said the property was 100% leased to LV Petroleum, and LV Petroleum's own site page for TA Express North Houston, dated January 16, 2026, lists the same street address and advertises fuel service around the clock.
Who sponsors the trust?
Kingsbarn Realty Capital. The Form D identifies KB Exchange Properties, LLC as the sponsor and Kingsbarn Realty Capital, LLC as that entity's manager, and Kingsbarn's acquisition announcement said it would handle leasing, property management and asset management for the Houston center.
How was the offering sold?
Under Rule 506(c), an exemption that lets a sponsor advertise a private offering publicly as long as every buyer's accredited investor status is verified. The Form D describes the securities as 100 Class 1 beneficial interests in the Delaware statutory trust, with a first sale reported on August 4, 2025.
Does the trust plan a REIT conversion?
No. The record shows no 721 or UPREIT feature, the structure in which trust investors exchange their interests for operating partnership units in a real estate investment trust at exit.

In the news

Sources

Show sources (6)Hide sources (6)

These links support the record as a whole; individual details may come from different sources.

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 offering documents before investing.