Texas Realty Partners, LLC

Services Offered

• Commercial Investment Analysis – Buyer/seller representation for commercial RE, land, multi-family, industrial
• Commercial Lease Services – Tenant and landlord representation, sublease solutions
• Commercial Development Services – Entitlements, permitting, zoning assessment, construction oversight
• Residential Brokerage – Buy/sell representation throughout Central Texas
• Site Selection & Market Analysis – Demographic data, optimal location strategy
• Due Diligence & Business Valuation – Land development code, watershed, engineering review
• 1031-Exchange Services – Like-kind property identification within 180-day window
• Build to Suit – Custom development for tenants/buyers
• Trial Preparation & Expert Witness – Deed research, easements, construction defect cases
• Broker Opinion of Price – Market analysis for all property types
• Land Services – 100+ acres of prime Austin inventory

Track Record (Since 2005)

Notable Projects

• Pulte Homes / Loyola Tract: 23-acre single-family tract sold for 123-unit development (US 183)
• Blackburn Group: 30+ acre sale for apartment construction (US 183/Loyola Lane)
• La Costa Verde, Port Aransas: 20-acre beachfront condo/mixed-use development
• Bee Cave (Under Review): Entitlements for 18,000 SF and 50,000 SF office at 620/US 71

Source: trpaustin.com/developments, trpaustin.com/la-costa-verde

Individual Contacts

*Note: Stewart's LinkedIn now lists DEN Property Group; may have departed TRP.

Office Location Analysis

The office is located in the Rob Roy Office Park (R R On The Creek Condominiums), a professional office condo complex developed in 2007 by JTM Development. The complex sits on 8 acres with panoramic views of the Texas Hill Country and Barton Creek. The 78746 zip code (Westlake) is one of Austin's most affluent areas, positioning TRP near high-net-worth residential and commercial clients.

Source: LoopNet, Rob Roy Office Park

Sources: TREC License Search, HAR.com, NMLS Consumer Access, OpenGov TX

Karen G. Skelton, MBA — Broker / President / Owner

Career Highlights:

• Began career redeveloping a historic building in downtown San Antonio
• One of the first bank officers in charge of real estate disposition at Texas Commerce Bank (now JP Morgan Chase)
• Managed Bonnet Resources "bad bank" portfolio: $150MM in office, multifamily, retail, industrial, and land assets
• Statewide responsibility for $200MM in ORE packages at Bank One, N.A.
• Founded Skelton Asset Advisors and Skelton Auction Advisors (consulting to FDIC, RTC, regional banks)
• Founded Texas Realty Partners, LLC in 2005

"Karen Skelton is instrumental in navigating a complex negotiation with Austin Water and the City of Austin and a national home builder to upgrade infrastructure and complete a zoning change on 55 acres, that unlocked tremendous value for the property owners."

E. Loren Kirkpatrick, MBA — Associate Broker

Career Highlights:

• Investment analyst at Capital Commercial Investments (due diligence on $100M in suburban office/industrial)
• Prior work at Asset Recovery Fund / Eastbridge Partners (private equity RE)
• Started brokerage practice in 2006; joined TRP to manage development projects
• Active volunteer: Trinity Center for unhoused, UT Idea to Product competition advisor, Eagle Scout

Jamison Stewart — Real Estate Advisor

Sources: TRP - Karen Skelton, TRP - Loren Kirkpatrick, LinkedIn, Licensee.io

Sources: Yelp, LoopNet, HAR.com

Texas Realty Partners, LLC is a private company. Detailed financials are not publicly available.

Industry Financial Context

Direct Boutique Competitors (Residential + Commercial)

Major Austin CRE Firms

Residential Market Leaders

TRP Competitive Positioning

Full competitive analysis: trp-austin/competitor-analysis.html
Source: AQUILA - Best CRE Firms in Austin

Website Audit

Key Findings

1. Legitimate, experienced firm with rare service depth. TRP's combined due diligence + business valuation + development entitlement + brokerage offering is unique among Austin boutique firms. No competitor explicitly markets this bundle.
2. Exceptional principal credentials (Princeton, UT MBA, institutional banking background) are underutilized from a marketing perspective. The $40MM+ track record and complex deal history (infrastructure negotiations, zoning changes) demonstrate sophisticated capabilities.
3. Severe online visibility deficit. Near-zero reviews, dormant social media, no SEO traction. This is the single largest risk to future business development in an increasingly digital-first buyer/seller landscape.
4. Favorable market position for buyer's market. With Austin shifting to a buyer's market (4.2 months inventory, 53.4% of listings cutting prices), TRP's investment analysis and due diligence services become more valuable to buyers seeking thorough property evaluation.
5. Industry consolidation creates opportunity. As mega-brokerages (Compass, KW, eXp) dominate volume, boutique firms with deep expertise and personal relationships can differentiate on quality of service — but only if discoverable.

Recommendations for Further Research

• Verify TREC license status directly via TREC License Holder Search
• Check Google Maps directly for current review count (blocked to automated tools)
• Request financial details from TRP principals for detailed valuation
• Interview Karen Skelton regarding La Costa Verde development timeline and status
• Verify Jamison Stewart's current sponsoring broker via TREC
• Conduct a formal website audit (PageSpeed, accessibility, crawlability) via direct browser access