TA Express Travel Center - Fairfield
Travel center in Fairfield, TX · sponsored by Kingsbarn Realty Capital
TA Express Travel Center - Fairfield is a DST sponsored by Kingsbarn Realty Capital that owns a travel center in Fairfield, TX (16,065 sq ft). Its latest Form D, filed May 26, 2026, lists a $50.5 million offering with a $505,600 minimum.
Key facts
- Minimum investment
- $505,600From the Form D
- Offering size
- $50,560,000Equity offered, per the Form D
- Sold so far
- Form D, May 26, 2026; the % is our arithmetic76.8%
- Investors reported
- Form D, May 26, 202618
- Selling commissions
- Form D Item 15; the % is our arithmetic$1,140,000 · 2.2% of offering
- Financing
- Not in the Form D. The Form D for this offering does not say whether it carries mortgage debt.How it is financed ↓
- 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 →
Sales so far
- Latest Form D
- May 26, 2026 · 2 filings
- First sale
- Feb 10, 2026
These are the sponsor’s own numbers. They can lag what has actually sold, and they do not confirm that interests are still available.
- Amount sold
- $38,853,419
- Not yet sold
- $11,706,581
- Investors
- 18
Calculated by Top1031 from the Form D filings, not stated by the sponsor:
76.8% of $50,560,000 sold, calculated by Top1031 from the Form D
- Average since first sale
- about $11.2 million a month
See how much of this offering has soldSign in by email and confirm you’re an accredited investor.
Weighing this offering for your exchange? A licensed 1031 specialist from our affiliated partner can go through these filings with you.
Ask a 1031 specialist about this recordFree. About: TA Express Travel Center - Fairfield. Top1031 is not a broker-dealer.TA Express Travel Center - Fairfield · Fairfield, TX · Photo: docs.kingsbarn.com
What does the Trust own?
TravelCenters of America announced the opening of a TA Express at Interstate 45 exit 198 on May 5, 2022. Kingsbarn gives the Trust's address as 300 E. I-45 and dates the building's construction to 2022. 2 Top1031's separate match to a 1015 W Commerce St address is inferred from the naming pattern and is not reconciled in the reviewed record, though both descriptions point to the same interstate exit.
- Reported location
- Fairfield, TX
- Property size
- 16,065 sq ft
Tenant and lease terms are not in the SEC filings or cited sources.
How have sales gone?
The sponsor’s own numbers, with the caveat in Sales so far ↑.
How is it financed, and what did it cost to sell?
Neither the Form D notices nor Kingsbarn's acquisition announcement names a lender or a loan amount, so whether this Trust carries mortgage debt or was bought all-cash is unresolved in the public record reviewed. The distinction matters: a leveraged DST passes through debt an exchanger may need to replace, while an all-cash Trust does not.
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
- $1,140,000 · 2.2% of offering
- Finders’ fees
- $0
- Paid to officers, directors and promoters
- $3,500,000 · 6.9% of offeringForm D Item 16· The filing’s note: “Sponsor/its affiliate will receive financing and acquisition fee totaling $3,215,000 for structuring the offering and the property acquisition, plus $285,000 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
- MIT Associates, LLC · CRD 121171
Individual representatives named in Item 12 are not listed.
- Date of first sale
- Feb 10, 2026
- Minimum investment
- $505,600
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.
Who's behind the Trust?
The sponsor assembles single-tenant, net-leased properties into Delaware statutory trusts for 1031 exchange investors — the wrapper that lets an exchanger hold a fractional interest in real estate rather than a whole building. It announced the Fairfield acquisition in February 2026 and offered the travel center to exchange investors through this Trust. 2 The reviewed record names no second asset, so what happens here turns on one building and its operator.
- Sponsor
- Offerings on record
What does the SEC record show?
The amendment that followed the original notice restated the offering's figures rather than changing them. Because the exemption relied on permits general advertising, the sponsor must take documented steps to verify each buyer's accredited status rather than accept a self-certification.
- Legal Trust name
- KB Fairfield, DST
- SEC CIK
- 2122946
- First Form D
- Apr 9, 2026
- Latest Form D
- May 26, 2026
- Filings on record
- 2
- Offered under
- Rule 506(c)May be advertised publicly. Every buyer’s accredited status must be verified.
- Source filing
SEC Form D filings, newest first
| Filed | Form | Offering amount | Amount sold | Investors | Filing on SEC EDGAR |
|---|---|---|---|---|---|
| Form D/A | $50,560,000 | $38,853,419 | 18 | EDGAR | |
| Form D | $50,560,000 | $38,853,419 | 18 | 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
- Is TA Express Travel Center - Fairfield an active offering?
- TA Express Travel Center - Fairfield is an Active offering: its latest Form D was filed May 26, 2026. A Form D filing does not by itself confirm that interests are still available; the sponsor or a registered representative can confirm what is open.
- What does KB Fairfield, DST actually own?
- One property: a single-tenant TA Express travel center in Fairfield, Texas. Kingsbarn Realty Capital announced the acquisition in February 2026, gives the address as 300 E. I-45, and describes the building as constructed in 2022 and containing 16,065 square feet. TravelCenters of America separately announced the opening of a TA Express at I-45 exit 198 on May 5, 2022. Top1031's match to a 1015 W Commerce St address is inferred from the naming pattern and is not reconciled in the reviewed record. There is no second asset, so the Trust's results turn on this one building and its tenant.
- Who is the tenant, and what kind of lease is it?
- Kingsbarn reports the property is 100% leased to LV Petroleum, LLC — which operates as FuelBros — for a 20-year term. That description comes from the sponsor's own February 2026 announcement. The Form D notices disclose no rent, escalations, renewal options, guaranty or allocation of taxes, insurance and maintenance, so the lease document and the offering documents are what settle those terms.
- How much debt does the Trust use?
- The public record does not say. The Form D notices and Kingsbarn's February 2026 acquisition announcement name no lender and no loan principal, rate, loan-to-value or maturity. The offering documents are the documents that settle whether this is a leveraged or an all-cash Trust — a distinction that matters to an exchanger who has debt to replace on the property being sold.
- What is the minimum investment, and who can buy?
- The Form D record reports a stated minimum investment of $505,600 against a total offering amount of $50,560,000 as of the amendment filed May 26, 2026. Purchases are limited to accredited investors — broadly, those meeting SEC income or net-worth thresholds. Because the offering relies on Rule 506(c), the exemption that permits public advertising, the sponsor must take reasonable steps to verify that status with documents rather than accept a check-the-box certification.
In the news
Sources
Show sources (4)Hide sources (4)
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.