Oxbow Hill Country apartment community in Boerne, Texas trades hands

AUSTIN, Feb. 10, 2026 –  JLL Capital Markets announced today that it has arranged the sale of Oxbow Hill Country, a 172-unit apartment community in Boerne, Texas.

JLL represented the seller, Brixton Capital. The buyer was Steadfast Companies.

Oxbow Hill Country is located at 825 Johns Rd., positioned along Interstate 10 offering convenient commutes to major San Antonio employers. The property sits within minutes of essential retail and provides residents access to major employment centers including USAA headquarters, WellMed and the Methodist Healthcare System.

Boerne represents one of the most desirable and prosperous communities in the San Antonio region, with demographics within three miles of the property showing an average household income of $155,250 and a median home listing price of $725,000. The area benefits from the highly rated Boerne Independent School District, which holds an "A" rating from both Niche and the Texas Education Agency and ranks in the top 11% of all school districts in Texas. The community experiences annual population growth of 3.83% with a median age of 39.

Oxbow Hill Country was built in 2003 and features 132,736 rentable square feet across 6.8 acres. The garden-style community includes nine apartment buildings with a diverse unit mix ranging from one- to three-bedroom units. The property offers 229 parking spaces including and maintains 92% occupancy. More than 80% of units remain in original condition since construction, presenting significant value-add opportunities through strategic renovations including stainless steel appliances, quartz countertops, updated lighting and vinyl flooring throughout living areas.

JLL Capital Market’s Investment Sales and Advisory team representing the seller was led by Senior Managing Director Robert Wooten and Managing Directors Robert Arzola and Ryan McBride.

Oxbow Hill Country represents a compelling value-add opportunity in one of San Antonio's most desirable submarkets," said Arzola. "The property's location in the affluent Boerne market, combined with significant renovation upside, made it an attractive acquisition for investors seeking to capitalize on the Texas Hill Country's continued growth."

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. JLL Capital Markets has more than 3,000 specialists worldwide with offices in nearly 50 countries.

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For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500 company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 113,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY^SM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com. 

Brixton Capital is a fully integrated real estate investment platform with over $4 billion in total transaction volume and approximately $2 billion in assets under management, managing 30,000 units across retail and multifamily properties. Established as the opportunistic investment arm of Brutten Global, the company leverages 46 years of real estate investment expertise to deliver strong risk-adjusted returns by identifying value in mispriced opportunities across the Western and Southwestern United States. The platform operates with 40+ employees and focuses on acquiring, enhancing and selling properties while partnering with leading institutional investors including pension funds, insurance companies and private equity firms.

Steadfast Companies is a privately held, vertically integrated multifamily owner and operator with more than three decades of experience in apartment communities across the United States. The platform executes multifamily acquisitions nationwide, oversees more than 55,000 apartment units and represents over $8 billion of multifamily investment activity across 22 states. Guided by its mission to serve everyday Americans, Steadfast invests in suburban, attainable multifamily housing, including workforce communities. Acquisitions, underwriting, development, asset management, capital improvements and property operations are executed through Steadfast’s fully integrated operating platform, with direct oversight across the full investment lifecycle. Steadfast Direct allows accredited investors to invest alongside Steadfast with meaningful co-investment, supported by a tenured leadership team trusted by its investors, lenders, residents and communities. For more information, visit steadfastcompanies.com or steadfast-direct.com.