Stratus Reports FY25 Revenue of $29.9M, Plans Liquidation
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 27 2026
0mins
Reports FY25 revenue $29.9M vs $54.18M last year. William Armstrong III, Chairman of the Board and Chief Executive Officer of Stratus, stated, "Following the Board's determination that a plan of liquidation and dissolution is the best path to optimize and return value of our portfolio to stockholders, we are focused on executing the Plan of Liquidation efficiently and prudently. Throughout 2025 and into early 2026, our team delivered meaningful achievements highlighted by the successful sales of West Killeen Market, Lantana Place - Retail and Kingwood Place, which together generated approximately $50.9 million in pre-tax net cash proceeds to Stratus, including after repaying debt totaling $68.0 million. These transactions, combined with distributions from our Holden Hills Phase 2 partnership and loan refinancings on improved terms, significantly strengthened our liquidity and cash position, resulting in $74.3 million of consolidated cash at year end and no amounts drawn on our revolving credit facility. We also advanced several development initiatives, including continued progress at Holden Hills Phases 1 and 2, completed construction and commenced lease-up of The Saint George, and sold three Amarra Villas homes for $10.5 million. We believe Stratus is well-positioned to maximize the value of our remaining portfolio and return cash to our stockholders in a tax-efficient manner."
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About STRS
Stratus Properties Inc. is a diversified real estate company, which is engaged primarily in the entitlement, development, management, leasing and sale of multi-family and single-family residential and commercial real estate properties in the Austin, Texas area and other select markets in Texas. It operates through two segments: Real Estate Operations and Leasing Operations. In addition to its developed properties, it has a development portfolio that consists of approximately 1,500 acres of commercial and residential projects under development or undeveloped land held. Its commercial real estate portfolio consists of stabilized retail properties or future retail and mixed-use development projects with no commercial office space. Its properties include Barton Creek, Block 21, Circle C, Jones Crossing, Lantana Place, Oaks at Lakeway, West Killeen Market, Magnolia Place, The Saint Mary, The Santal, Amarra Villas, The Saint June, Holden Hills, Escarpment Village, 5700 Slaughter, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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