San Antonio Medical District · Z-Co Development

Built for the market
that actually exists.

152 wellness-designed homes in San Antonio's Medical District — priced where demand is highest and supply is lowest. Open to investors from $1,000 with the same structure as institutional partners.

6% Preferred Return 50% Profit Share 1.8× Target Return From $1,000 21% Pre-Reserved

Invest on Wefunder

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The Opportunity

A gap the market
confirmed itself

San Antonio added 34,000 jobs in 2025. Quality housing starts in the $180K–$240K band collapsed 80% since 2021. That gap is where Dove Trails lives — employment-anchored, lifestyle-designed, and priced where workforce demand is at its highest.

32 homes were reserved before a single wall was built. The market confirmed it before we broke ground.

📍

Employment-Anchored Location

2.5 miles from 30,000+ healthcare jobs at the South Texas Medical Center — the largest single employer in the city.

🏗

Factory-Precision Construction

SteelBilt light-gauge steel: ~70% of costs locked before a module ships. Faster timelines. 10-year structural warranty. Margin protected from Day 1.

🏊

Lifestyle at $210K

Resort pool, sky lounge, dog park, walking trails, smart home pre-wiring, gated 24/7. At ~$210,000 — this lifestyle does not exist anywhere else at this price in this market.

🏠

Build-to-Sell Model

No long-term hold. No refinancing dependency. No tenant risk. Every home pre-marketed. Investor capital comes back through sales — clean and defined.

For Homebuyers

Your home in
San Antonio's
Medical District

Three floor plans. All with 1-car garage, smart home pre-wiring, and access to the full amenity programme.

→The Dove — 1 bed · 1 bath · 720 SF · From $179,000
→The Meadowlark — 2 bed · 2 bath · 1,050 SF · From $209,000
→The Cardinal — 3 bed · 2 bath · 1,320 SF · From $239,000

5135 Wurzbach Road · Gated community · 2026 delivery

For Investors

Open to investors
who were never
invited before.

Same return structure as institutional partners. From $1,000.

6% Preferred
Return

50% Profit
Share

1.8× Target
Return

✓6% preferred paid first — before developer takes a dollar
✓Capital returned in full before profit share begins
✓$2.1M land contributed by Z-Co before this raise opened
✓21% of homes reserved before public launch

Stay in Control of Your Journey

Get the full picture.
Before you decide.

We'll send you the investment overview, floor plans, and project brochure directly — so you have everything you need, on your terms.

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Welcome to Dove Trails.

Full package — investment overview and homebuyer brochure — heading to your inbox now.

The Market

The demand didn't disappear.
It shifted.

San Antonio doesn't have a housing shortage. It has the wrong kind of housing. Most new construction is too expensive. Dove Trails prices where the workforce actually is.

80%

Collapse in SA quality housing starts since 2021

From 9,526 units (2023) to 1,874 units (2024). The lowest level since 2009. Dove Trails delivers directly into this gap.

CoStar · SA Board of Realtors 2024

35%

Income gap keeping SA workforce from buying

SA workers need to earn 35% more than their actual income to afford the median home. Dove Trails prices in the reachable band at $205–215/SF.

Harvard JCHS 2024 · Texas Comptroller

Comparable new construction in the $180K–$240K band

The strongest demand in SA sits exactly where almost no new supply is being delivered. That is why 21% was reserved before groundbreak.

Z-Co comp analysis · SA Board of Realtors 2024

The Timeline

Where we are.
Where we're going.

Now Complete

Site Secured & Designed

5135 Wurzbach Road owned free and clear by Z-Co, appraised at $2,125,728. Architectural drawings complete. Permitting underway. 32 homes reserved.

✓ Complete

Months 1–3

Capital Raise Closes

Wefunder campaign closes. Construction financing confirmed. Foundations installed while SteelBilt manufactures LGS modules — parallel timelines, no delay.

Active

Months 8–14

Interior Fit-Out & Pre-Sales

Interior fit-out. Pools, community spaces, smart systems installed. Target: 80%+ sold by this milestone. Preferred return accruing from Day 1.

Upcoming

Months 18–24

100% Sold. Everyone Paid.

All homes delivered and sold. 6% preferred paid first. Capital returned second. 50% profit share distributed. Investment concluded. You are done.

Target Exit

The Developer

"Mike Butte is a longtime trusted friend — thoughtful, careful, and highly resourceful. I have always appreciated his practical insights and disciplined approach to development."

Stewart Morris Jr. · President, Stewart Security Capital Inc.

50+ Projects
Delivered

100% Completion
Rate

40+ Years in
Texas RE

$200M+ Combined
Project Value

Built for the marketthat actually exists.

A gap the marketconfirmed itself

Your home inSan Antonio'sMedical District

Open to investorswho were neverinvited before.

Get the full picture.Before you decide.

The demand didn't disappear.It shifted.

Where we are.Where we're going.

Your capital comes back first.Always.