Haven Housing Snaps Up Large Apartment Complex In Austin Suburb

Haven Housing announced it has acquired The Dalton apartment complex in the Austin suburb of Pflugerville.

An apartment complex in a Texas suburb
The Dalton Apartments In Pflugerville While Still Under Construction In 2022.

The Dalton is a 350-unit garden-style apartment complex of 14 three-story buildings.

Terms of the sale were not disclosed, and a representative for Haven Housing did not respond to multiple requests for an interview.

Travis County tax records show that the value of The Dalton was assessed at close to $82M in 2025, down from $92M in 2023.

Haven Housing, a multifamily housing platform of real estate investment company BH Properties, bought the property from Dalton Austin Residencies LLC, a subsidiary of TerraCap Properties.

TerraCap Properties purchased the apartment complex in 2023 for $99M, according to an unaudited 2023 statement of its assets. It sits on some 22 acres about 2 miles from BH Properties’ 250K SF Round Rock Crossing, a retail center it acquired in 2022.

Amenities at The Dalton include a pool, fitness center, coworking and conference space, wine lounge, dog park and garages with EV charging.

TerraCap was represented by Kevin Dufour, senior director of investment sales at Walker & Dunlop.

Haven Housing’s acquisition of the property brings its total units under management to approximately 3,000.

Los Angeles-based BH properties launched Haven Housing earlier in 2025 with a focus on buying and operating market-rate and affordable housing across the West and Sun Belt.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Austin - San Antonio Newsletters
Related Stories

Fairfax Pays $23M For Innovation Center Site, With Plans For Affordable Housing

Receiver Appointed For X Denver Apartment Building Near Coors Field

Social Housing Providers Turn To Bond Markets To Fund Expansions

Revere Beach Apartments Sell For $77M

Pair Of Evanston Apartment Buildings Trade Hands, Including A Reinsdorf-Backed Sale

Developer Inks Deal To Move HQ To Lerner's Tysons Tower

Years Later, Millions In Chicago Housing Projects Remain Unbuilt

Developers Scheme To Build More Housing Units As NYC's Tax Incentive Ages

U.S. Multifamily Market Regaining Its Balance As Yearslong Supply Wave Tapers Off

Hines Spends $170.5M On Mixed-Use Portfolio In Dallas' Bishop Arts District

How UK Investment Giant L&G Plans To Grow Its U.S. Multifamily Holdings

Properties Owned By REIT Accused Of Fraud To Be Auctioned Off