Park Street Homes

Park Street Homes

Growth Stage

Building a better Texas!

Building a better Texas!

Overview

Raised to Date: Raised: $241,997

Total Commitments ($USD)

Platform

StartEngine

Start Date

09/17/2023

Close Date

04/29/2024

Min. Goal
$15,000
Max. Goal
$1,235,000
Min. Investment

$500

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.00

Pre-Money Valuation

$20,000,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

05/04/2024

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$1,080

# of Investors

155

Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded

2017

Industry

Real Estate & Construction

Tech Sector

Proptech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Location

Houston, Texas

Business Type

Growth

Park Street Homes, with a valuation of $20 million, is raising funds on StartEngine. It is a home-building company in Houston, Texas, that transforms spaces into affordable entry-level homes. Park Street Homes is expanding its reach through scaled production and development of affordable communities and aims to make affordable housing accessible to those who struggle with finding homes in America’s urban centers. The company generated $4 million in revenue in 2022 with its 20 custom-designed home plans and has eight development projects underway. Kevan Shelton and Ayesha Shelton founded Park Street Homes in October 2017. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $1.24 million. The campaign proceeds will be used for land acquisition and development, company employment, and working capital.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$3,831,744

$3,477,510

COGS

$3,033,627

$2,976,469

Tax

$0

$0

 

 

Net Income

$144,375

$120,369

Summary Balance Sheet

FY 2022 FY 2021

Cash

$9,419

$4,406

Accounts Receivable

$0

$0

Total Assets

$1,273,153

$218,652

Short-Term Debt

$494,593

$164,166

Long-Term Debt

$467,131

$135,523

Total Liabilities

$961,724

$299,689

Financials as of: 09/17/2023
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Park Street Homes on StartEngine 2023
Platform: StartEngine
Security Type: Equity - Common
Valuation: $20,000,000
Price per Share: $2.00

Follow company

Follow Park Street Homes on StartEngine 2023

Buy Park Street Homes's Deal Report

Warning: according to the close date for this deal, Park Street Homes may no longer be accepting investments.

Park Street Homes Deal Report

Get KingsCrowd’s comprehensive report on Park Street Homes including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Park Street Homes is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Park Street Homes deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge