Mariposa Apartment Homes

What Mariposa Apartment Homes does

Mariposa Apartment Homes is a privately held operator of 55+ active-adult apartment communities in Texas, operating as a branded portfolio under Bonner Carrington Property Management. The company markets nine named communities across major Texas MSAs — Cedar Park, Plano, Houston (two locations: Ella Boulevard and Reed Road), San Marcos, Amarillo, Georgetown, Temple, and Dallas — with additional sub-brands (Clear Creek in Webster, Westchester in Grand Prairie) referenced on its website. Each community offers one- and two-bedroom apartment homes with cottage-style options at select locations, alongside an amenity package tailored to older adults (raised garden beds, theater rooms, ramp-entry pools, salons and barbers, elevators, fitness centers, libraries, and card rooms).

The underlying product is physical multifamily real estate rather than a software or technology platform; there is no disclosed technology stack, AI capability, app, or API. Marketing and distribution are direct-to-consumer: each property has its own dedicated website, the parent site aggregates listings with embedded Google Maps for SEO, and on-site property management teams handle leasing, tours, and move-ins. The company does not publicly disclose rental rates, occupancy, or unit counts; prospects are directed to contact individual properties.

Mariposa generates revenue through recurring monthly rental payments under standard residential lease arrangements, offered at both affordable and market-rate price points. The brand was established in 2021 and benefits from Bonner Carrington's 35 years of Texas multifamily development and operating experience. There are no disclosed funding rounds, M&A activity, public listing, or external capital signals; Mariposa operates as a wholly internal brand within the Bonner Carrington portfolio, with headcount reported at 11-50 employees.

Name

Mariposa Apartment Homes

Legal name

Mariposa Apartment Homes

Website

https://mariposaapartmenthomes.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Mariposa Apartment Homes operates a portfolio of 55+ active-adult apartment communities across Texas, offering one- and two-bedroom rentals with lifestyle amenities under Bonner Carrington Property Management. The brand serves older adults seeking maintenance-free, amenity-rich housing.

Ownership category

akta.pro rank

Product category

Senior Living Apartments

NAICS

Rental and Leasing Services (532), Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (62331), Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (6233)

SIC

Operators Of Apartment Buildings (6513), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Active Adult (55+) Independent Living Communities (HLADAAAD)

akta.pro secondary industries

Independent Living Real Estate Owners/Operators (REITs & Management Companies) (HLADAAAG), Multifamily Apartment Property Management (BPAJAFAA), Senior & Assisted Living Residential Property Management (BPAJAFAE)

Keywords

• Senior apartment rentals
• 55+ active adult housing
• Independent senior living
• Maintenance-free apartments
• Resort-style senior communities

Headquarters

HQ city

San Marcos

HQ country

United States

HQ region

North America

Offices9 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Apartment Home Rentals: Primary revenue from monthly apartment rentals across 9 Texas communities. Offers both affordable and market-rate options for 55+ active adults. Revenue derived from tenant lease payments across Cedar Park, Plano, Houston, San Marcos, Amarillo, Georgetown, Temple, and Dallas locations.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Mariposa Apartment Homes operates a portfolio of 55+ active adult apartment communities across Texas, providing one and two-bedroom apartment rentals along with resort-style amenities such as pools, fitness centers, theater rooms, libraries, salons, raised garden beds, and elevators. Operated under Bonner Carrington Property Management, the company offers both affordable and market-rate options designed specifically for active adults aged 55 and older seeking maintenance-free living.

Product overview

Mariposa Apartment Homes is a portfolio of 55+ active adult apartment communities operated by Bonner Carrington Property Management across Texas. The company offers multiple named community properties, each providing affordable and market-rate apartment homes with generational amenities including raised garden beds, theater rooms, ramp entry pools, salons, barbershops, and elevators. The portfolio includes communities in Cedar Park, Plano, Houston, San Marcos, Amarillo, Georgetown, Temple, and Dallas. All properties target active adults 55 and older seeking a maintenance-free, social lifestyle.

Differentiator

Problem solved

Functional benefit

Brands

• Mariposa at Cedar Park: 55+ active adult community in Cedar Park, Texas with maintenance-free lifestyle, resort-style pool, clubhouse theater, community library, and fitness center.
• Mariposa at Communications Parkway
• Mariposa at Ella Boulevard
• Mariposa at Hunter Road
• Mariposa at Jason Avenue
• Mariposa at Reed Road
• Mariposa at River Bend
• Mariposa at Scott and White Boulevard
• Mariposa at Western Heights

Products and services

• Mariposa at Cedar Park

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves4 records

Expansion highlights3 records

Direct peers

• Hawthorn Senior Living: Operator of senior living communities including independent and assisted living across multiple U.S. states. Closely comparable to Mariposa on the 55+ resident focus, amenity-driven lifestyle positioning, and recurring-rent revenue model.
• American Landmark: Multifamily owner-operator with a meaningful Sun Belt and Texas portfolio, including value-add and conventional apartment communities. Comparable to Mariposa in geographic footprint and rental housing model, though broader in demographic targeting.
• Watermark Retirement Communities: Operator of independent living, assisted living, and memory care communities for older adults across the U.S. Highly comparable to Mariposa on the 55+ resident focus, community-amenity positioning, and recurring monthly rent model.
• Independence Realty Trust: Multifamily REIT focused on non-gateway Sun Belt markets, including Texas. Comparable to Mariposa on Sun Belt rental apartment model, though Independence serves a broader demographic rather than a 55+ niche.
• Asset Living: One of the largest third-party multifamily property managers in the U.S. and a major Houston-based operator with deep Texas exposure. Highly comparable to Mariposa's Bonner Carrington-operated portfolio given the shared Texas concentration and multifamily operating model.
• Mid-America Apartment Communities (MAA): Large Sun Belt-focused multifamily REIT with substantial Texas holdings. Comparable to Mariposa on apartment rental model and Sun Belt exposure, though operating at vastly greater scale and serving a broader demographic than the 55+ niche.

Others

• Bonner Carrington Property Management: Mariposa's parent company, with 35 years of Texas multifamily ownership and development experience. Included as a peer reference because Bonner Carrington also operates additional non-55+ Texas apartment communities that share operational characteristics with Mariposa's communities.

Broad incumbents

• Atria Senior Living: Large national senior living operator with independent living, assisted living, and memory care communities. Comparable to Mariposa on senior resident focus and amenity-driven positioning, but Atria adds care services and operates at significantly greater scale.
• Greystar Real Estate Partners: The largest multifamily operator and investment manager globally, with extensive U.S. apartment portfolios including age-restricted product. Comparable to Mariposa on the multifamily operating model but operates at materially greater scale and serves all demographics.

Emerging players

• Solvere Living: Management company focused on active adult, independent living, and assisted living communities. Comparable to Mariposa on the 55+ active adult niche, though Solvere operates as a third-party manager rather than an owner-operator.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/mariposa-apartment-homes

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mariposa Apartment Homes