Triple R&S Trust

AMCORP PROPERTY DEVELOPERS LLC

Triple R&S Trust — two residential projects totaling 66 lots:

SANGAM ESTATES — Twenty‑six planned, designed & engineered exclusive 0.05‑acre lots located in the premier resort community of Rockport, where 70% of home ownership is by primary vacation homeowners — affluent CEOs, executives, and corporate board directors traveling from four of the top ten wealthiest U.S. cities, just two to four hours away, for the Gulf Coast’s finest deep‑sea and bay fishing.

SANGAM ESTATES will be an exclusive high‑end gated community allowing boat barns, mother‑in‑law quarters, and landscaped tranquility surrounded by the Rockport Peninsula Gulf Coast waters of Copano and Aransas Bays. Thirteen of the 26 west lots border the Aransas County 950‑acre conservation wetlands, with limited launch sale retail starting at $110k/lot.

Given that waterfront lot sales in the Rockport peninsula range from $250k and up — and with only one other exclusive private estate of comparable tranquility — an initial model build will launch home sales starting at $800k and upwards of $1.3m.

Pueblo de Otero — Forty‑lot planned, designed & engineered (zero‑lot x ten‑foot) townhome subdivision with a half‑acre lot for a planned 20‑unit studio apartment building. This will minimally impact the market demand for medium‑income homes.

As of August 2022, Steel Dynamics Inc. (SDI) began executing a US $1.9 billion plan to build an aluminum sheet mill in the southeast U.S., expanding operations at its Sinton, Texas, flat‑rolled steel mill. Beyond the 800–1,200 direct jobs SDI brings to Sinton at full capacity, the town’s population — just over 5,000 in 2019 — is projected to grow at approximately 0.39% annually starting in 2025.

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Triple R&S Trust

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