Lofty 5333 Ponte Tresa Dr

Beautiful 4 bed 3 bath home built in 2017 and located in Austin, TX

Offering Details

Shubham Sethi, transferred his property's deed to a new LLC and is selling a portion of the LLC on the Lofty Marketplace. This property is the only asset owned by the LLC.
Tokens represent direct ownership in the LLC that owns the property. Shubham will maintain at least 10% ownership in the LLC indefinitely.
View proof of Shubham's ownership prior to the title transfer and proof of title transfer here. View the LLC documents here.
Shubham will buy back all of his equity in 6 years for a total of 12% appreciation for investors. There is no fee when equity is bought back, and investors can still trade their tokens on the Lofty marketplace anytime. Shubham has the option to buy back the equity at any time before the 6 year period is up, but it must be at the set price of $56/token (12% appreciation).
View additional terms here.

Beautiful 4 bed, 3 bath home in Terra Colinas with stunning hill country views
Located in a friendly neighborhood within the Lake Travis ISD school district
Close proximity to HEB, Galleria, and Baylor Scott & White hospital
Fabulous backyard with a deck facing a peaceful protected green space
Bright living room with natural light, open floor plan connecting kitchen, dining, and backyard
Kitchen features upgraded countertops, large pantry, appliances, and ample cabinets
Spacious game room with an attached media room, perfect for gatherings and entertainment
Backyard includes a raised kitchen garden enhancing the outdoor ambiance
Numerous upgrades and plenty of storage space throughout the house

This property has a loan of $515,286. View the loan agreement here.
As the seller, Shubham Sethi, pays down 100% of the loan payments, his equity percentage in the property will increase and the levered rental yield of investors will decrease over time. Investors have the ability to change this structure via a governance vote.