Walton Global Expands Texas Presence with Newest Acquisition Near Houston
Walton Global, a leading global real estate investment firm specializing in land banking and land asset management, has completed the acquisition of 130 residential lots in Splendora, Texas. Known as Gemini, the property was acquired through Walton’s Finished Lot Program and represents another strategic investment in one of Texas’s fastest-growing residential corridors.
Walton’s Finished Lot Program operates within the firm’s Builder Land Financing platform, targeting entitled, developed, and market-ready residential lots. The program is designed to support homebuilders by providing capital-efficient access to inventory while mitigating development risk and aligning lot delivery with construction schedules.
“Gemini is a strong example of the type of opportunity well suited for our Finished Lot Program, including market characteristics, infrastructure access, and residential demand indicators,” said Paul Bae, Senior Vice President, Portfolio Management for Walton Global. “The program is structured to support homebuilders through the acquisition of entitled, developed lots while maintaining a disciplined approach to risk management.”
Located approximately 45 minutes northeast of downtown Houston, Gemini offers direct access to Interstate 69 and the U.S. 59 corridor. The site is zoned for single-family residential development, with planned homes targeting attainable price points of $200,000 and below. The community is well positioned near key employment and infrastructure anchors, including the New Caney Independent School District, HCA Houston Healthcare facilities, regional logistics and distribution hubs, and George Bush Intercontinental Airport. Future phases are expected to include neighborhood parks, ponds, and a lake reserve with trail amenities.
The acquisition of Gemini further deepens Walton Global’s presence in the greater Houston market and reinforces the firm’s long-term dedication to high-growth regions where affordability, infrastructure investment, and population trends intersect. Walton Global continues to execute a disciplined investment strategy centered on market-ready residential assets that support housing demand while delivering risk-adjusted returns.
