Welcome to Tango Development
We highly value relationships and collaboration. Passionate about our work, we maintain a constant focus on what drives our tenants, investors and clients. We are strategic as well as creative when identifying and executing solutions.
Tango accomplishes our mission by exceeding our client’s expectations.
The principles in Tango have more than 40 successful projects where we have strategically acquired, redeveloped or repositioned them to maximize return.
Tango Development has a strong financial reputation with our investors. We target a 7-9% current pay monthly preferred return with a full cycle internal rate of return (IRR) of 11%-15% based on project type and risk.
To create trust-based investment relationships with each investor based on our stated return strategy and meeting or exceeding our projections.
Tango Development has a strong financial reputation with our investors, and our principles have more than 40 successful projects where we have strategically redeveloped or repositioned them to maximize return.
To discuss our current investment opportunities, please get in touch with us, and we will be in touch very shortly.
Community Involvement
We are excited to currently be supporting Paislee Fugate. Paislee is a barrel racer competing in this year’s Junior Amerian barrel races!
To learn more about her and sponsorship opportunities, check out her Facebook page below.
Featured Upcoming Project
Hōnua’ula Living community is here to serve the community with an affordable housing project consisting of 100 apartment units to suit a variety of family sizes.
Our Most Recent Projects
Overflow Garage – Canyon Lake North
Storage Monster - Canyon Lake Canyon Lake, Texas 29,125 SqftOverflow Garage Canyon Lake North is just north of the Canyon Lake. The facility is comprised of 84 boat and rv units on 2.34 acres. It is great for on and off season boat and rv storage.
Overflow Garage Laguna Vista
Overflow Garage Laguna Vista is a 51,840 NRSF storage facility in the Rio Grande Valley. The facility consists of 239 non climate units with an on-site vacation rental apartment.
Overflow Garage – Mission, TX
Located in Mission, TX, Overflow Garage Mission is comprised of over 25,000 rentable sqft and 172 units. The facility consists of drive-up storage, open parking and an office/warehouse lease space.
Investment Opportunities
Tango Development has a strong financial reputation with our investors. We target a 7-9% current pay monthly preferred return with a full cycle internal rate of return (IRR) of 11%-15% based on project type and risk.
Our Services
Residential
Altering the landscape by putting in great neighborhoods and apartments that we and the communities we serve are proud of.
Commercial
Business structures including retail stores, restaurants, shopping centers, office buildings and medical centers.
Industrial
Light to heavy industrial, climate and non-climate controlled storage, dry/cold or freezer warehouse space.
Resources
Information and tools to make informed investing decisions in the future. If you ever have any questions never hesitate to reach out.
The Debt Service Coverage Ratio
The Debt Service Coverage Ratio (DSCR) is a financial metric used to evaluate the ability of a borrower to meet their loan obligations. The ratio is a key component in commercial real estate transactions, as it is used...
Investing During an Inflationary Period
Commercial real estate is an asset class that offers investors an opportunity to generate income and build wealth. However, investing in commercial real estate requires careful consideration, especially during...
Conservative Underwriting
Conservative underwriting is an essential aspect of commercial real estate development. It refers to the process of evaluating the risks associated with a real estate investment and determining the financial...