Off-Market Texas Multifamily · Duplex to 300 Units

The best Texas multifamily deals
are never publicly listed.

BackTrust Commercial is a Texas investment firm that sources off-market multifamily — from duplexes to 300-unit communities — and shares it privately with a vetted network of investors. No public listings. No mass mailings. Just the right deal, to the right investor, at the right time.

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No pressure. No mailing list spam. We only reach out when something fits your criteria.

2–300+

Unit Range Sourced

14+

Texas Markets

$500M+

Underwritten

100%

Off-Market

What We Do · Who It's For

We're a Texas multifamily investment firm that quietly connects off-market opportunities with the right investors.

No public listings. No mass mailings. Just carefully sourced deals, shared privately with investors who actually fit — from someone buying their first fourplex to a fund deploying institutional capital.

The Problem

The best deals never reach the open market.

The best Texas multifamily deals never hit the market — they're traded quietly between owners and trusted buyers.
Broker listings are picked over, over-priced, and mailed to thousands of investors at once.
Most owners considering a sale want discretion — not a sign in the yard and 40 tours.

What We Do

Source, structure, and share — quietly.

Build long-term relationships with Texas multifamily owners — years before they ever consider selling.
Underwrite and structure each opportunity — including creative terms like seller carry-backs and unit reconfigurations.
Share vetted, off-market opportunities privately with a small network of qualified investors.

Who It's For

Every serious Texas multifamily investor.

Individuals — First-time buyers of a duplex, fourplex, or small 5–30 unit property.
Private Investors — Experienced operators scaling into 30–75 unit communities.
Family Offices — Long-hold capital looking for durable Texas cash flow.
Syndicators & Funds — Groups deploying institutional capital into 75–300+ unit assets.

Every Scale of Multifamily

From your first fourplex to a 250-unit community.

BackTrust works across the full spectrum of Texas multifamily. Whether you're an individual buying your first duplex or a fund deploying institutional capital, we source and structure at your scale — with the same discretion.

2–4 Units

Duplex, Triplex & Fourplex

Entry-scale income property for individual investors and first-time multifamily buyers — often the highest-leverage financing available.

5–30 Units

Small Multifamily

The efficiency sweet spot for private investors and small partnerships — commercial financing, real economies of scale, still personally manageable.

30–75 Units

Mid-Size Communities

Institutional-grade underwriting for family offices, syndicators, and partnerships — professional third-party management, meaningful cash flow.

75–300+ Units

Larger Communities

Garden-style Class B and C properties across Texas metros and secondary markets, structured for funds and institutional partners.

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The Sourcing Funnel

A pipeline built by conversation, not by broker email blasts.

Every property that reaches our investor network has been through a deliberate, multi-stage process. We share few deals — because we say no to most.

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100+ Seller Conversations

Stage 01

Discreet dialogue with owner-operators across Texas — often years before a property ever considers coming to market.

Dozens Underwritten

Stage 02

Full financial and physical review — rent rolls, T-12s, deferred maintenance, sub-market comps, and stress-tested returns.

Handful Under LOI

Stage 03

Terms negotiated privately with sellers and their representatives, protecting confidentiality on both sides.

Select Few Closed

Stage 04

Delivered to our vetted investor network — high-conviction opportunities that reflect careful selection, not volume.

How We Work

Three disciplines. One standard.

Source

Long-term relationships with owner-operators across Texas — from single-property owners to portfolio holders — often years before a sale is even considered.

Underwrite

Every opportunity is stress-tested against market comps, deferred maintenance, and realistic operating assumptions — regardless of unit count.

Structure

Creative deal structures — seller carry-backs, unit reconfigurations, staged closings — that create real value for both sides.

Creative Structuring · Real Situations

Where most see a listing, we see a solution.

Every seller has a real story behind the sale — a health event, a family move, a partnership dissolving. We take the time to understand it, then structure deals that work for the seller and unlock value for our investors. Two recent examples:

Case Study 01 · Value Creation

Restoring a 5-unit — and creating instant equity.

The Situation

An owner faced a sudden and serious health diagnosis and needed a confidential sale to protect his family. The property, on paper, was a 3-unit — but it had originally been built as a 5-unit before being combined down.

The Structure

01Discreet Intro
Introduced privately through a trusted referral. No listing, no signs, no broker calls.
02The Insight
Physical walk revealed original 5-unit footprint — kitchens, meters, and separate entries still in place behind drywall.
03Creative Structure
Priced against the in-place 3-unit income, with a plan and budget to reinstate the two dormant units.
04Forced Appreciation
Reconfigured back to a legal 5-unit — cash flow and appraised value jumped materially at reopening.

Outcome — Seller closed quietly on his timeline and protected his family. Investor captured instant, engineered equity — value the market never had a chance to price in.

Case Study 02 · Creative Financing

A 20-unit sale with a seller carry-back tied to future growth.

The Situation

An out-of-state owner had to permanently relocate back to Mexico for family reasons. She loved the 20-unit property and wanted to stay economically connected to it, but could no longer manage it from abroad.

The Structure

01Listen First
Understood the real constraint wasn't price — it was continuity, income, and future upside for her family.
02Custom Structure
Structured a sale with a seller carry-back at attractive terms — she became the bank, not just the exit.
03Upside Retained
Carry-back was written to participate in the property's future performance, not just fixed interest.
04Everyone Wins
Buyer took operational control with lower upfront capital; seller kept dependable income and long-term participation.

Outcome — The seller kept a meaningful economic stake in a property she loved, our investor stepped into ownership with intelligent leverage, and a family got the flexibility it actually needed.

Have a situation that doesn't fit the usual playbook?

Whether you're an owner considering a private sale or an investor with an unusual mandate — we'd rather have the conversation than not.

For Owners For Investors

Deal Flow

Fewer deals. Higher conviction.

We favor durable assets across every scale — from a well-located fourplex to a garden-style community — in Texas submarkets where population, employment, and household formation are trending in one direction. The result is a selective pipeline most investors never see.

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Texas Coverage

Genuinely statewide — including East Texas.

Most firms cover the four metros. We cover Texas — from the Rio Grande Valley to the Panhandle, and from El Paso to the Louisiana border. Local relationships in secondary and tertiary markets are our real advantage.

Explore all markets

One Short Conversation

Not ready to commit? Just tell us what you're looking for.

A 15-minute call — no obligation, no pressure — so we know when to reach out and when to leave you alone.

Schedule a Call

For Investors

Join our vetted network.

From individuals buying their first fourplex to funds deploying institutional capital — carefully sourced Texas multifamily, delivered privately.

Join Investor Network

For Owners

Considering a discreet sale?

If you own multifamily in Texas — of any size — and would prefer a quiet, respectful conversation over a broker listing, we're here to listen first.

Start a Private Conversation

The best Texas multifamily dealsare never publicly listed.