Institutional Sophistication.
Local Relationships.
Central Texas. Multi-thesis. Skin in the game.
22
Deals Completed
3,900+
Acres Entitled
$650M+
Current AUM
We’re investors who happen to love real estate.
Not the other way around.
CTX has built a real estate development platform built on deep operating experience and investor-level discipline. Over the past decade, our team has delivered large-scale, complex projects across markets— working with institutional partners, global corporations, and sophisticated stakeholders.
But CTX is not just a real estate developer. At our core, we think like private equity investors. Our leadership has founded and scaled businesses across asset classes, including ventures that have gone public, and has been recognized for entrepreneurship and performance. With backgrounds spanning investment banking and global finance-including experience at Archon/Goldman Sachs—we think in terms of strategic positioning, operational leverage, and long-term durability.
Multi-Thesis Real Estate Investment
Land Development
& Entitlement
We assemble and entitle land for large-scale development. Raw dirt to shovel-ready sites.
Vertical
Development
We build industrial, multifamily, and mixed-use, from ground-up to mixed-used development.
Operating
Assets
We own and operate institutional-quality assets. Current focus: RV parks across Central Texas and Industrial warehouse development
Our Values
Skin in the Game
We invest alongside our partners to ensure alignment and mutual success.
Institutional Sophistication +
Local DNA
Local DNA
We bring international expertise to the community
we grew up in.
we grew up in.
Local Creative Deal
Structuring Execution
Structuring Execution
Flexible by design, we structure around opportunity.
Long-Term Orientation
Our only client is the investor. Once we take care of them, everything else takes care of itself.
Meet the
CTX Team
Four partners with decades of experience across development, finance, and operations—and real capital in every deal.
Select Investments
Projects at CTX and other firms
Seaholm Power Plant
Historic power plant transformed into Austin's premier mixed-use destination. Beat Trammell Crow in competitive process.
Seaholm Power Plant
Featured
Overview
The Seaholm Power Plant was Austin's primary power generation facility for over 50 years. When the city decommissioned it in 1989, the building sat vacant—a beloved landmark with no clear future. Allen Cowden, as part of another firm, led the effort to transform it into Austin's premier mixed-use destination.
The Challenge
This wasn't a typical development. The building was on the National Register of Historic Places and designated a Texas Historic Landmark. Any redevelopment required navigating historic preservation requirements, City of Austin approvals, and a complex public-private partnership structure. Multiple developers had tried and failed. Trammell Crow was the primary competition.
Our Approach
Allen Cowden worked through years of City of Austin negotiations, engaging directly with city council, preservation boards, and community stakeholders. He structured the public-private partnership, secured equity partners, and oversaw the residential tower design and sales process.
Key Metrics
$200MM
Total Value
280 Units
Condos
Office/Retail
Office/Retail
LEED Gold
Certification
TX Historic Landmark
Designation
ULI Award Finalist
Recognition
Outcome
Seaholm is now one of Austin's most iconic addresses, overlooking Lady Bird Lake.
Chisholm Hill
8-parcel land assemblage with MUD formation. $25M in, $55M exit.
Chisholm Hill
Featured
Overview
Chisholm Hill is a 770-acre master planned community located 45 minutes from Austin's central business district. CTX assembled the site from 8 separate landowners, navigated complex entitlement requirements across multiple jurisdictions, and positioned the property for residential development.
The Challenge
The site didn't exist as a single property. It was 8 separate parcels owned by different families, some of whom had held their land for generations. Assembling the site required earning trust with each landowner, often over multiple years of relationship building.
Our Approach
CTX principals drew on decades of relationships with Central Texas landowners. Rather than leading with price, we led with trust—explaining our vision, respecting family legacies, and structuring deals that worked for sellers.
Key Metrics
928
Total Acres
8
Parcels Assembled
Investment
Investment
$55M
Exit Value
45 min
Distance to Austin
Fully Entitled
Status
Outcome
Chisholm Hill is now a fully entitled master planned community positioned for residential development.
SF Industrial Complex
SF Industrial Complex
Featured
Overview
Lonestar is a mixed-use project acquired in 2021 as an operating trophy whitetail hunting ranch. CTX purchased the property at a market discount to its future value, recognizing it sat directly in the path of regional growth and long-term industrial demand. What began as a land development investment evolved into a vertical development opportunity—transforming the site into a large-scale industrial park positioned for modern tenant needs.
The Challenge
The most critical constraint was infrastructure: the area was underserved by public utilities, with limited access to water and wastewater—creating a major entitlement and development bottleneck. Moving from a rural operating ranch to a vertically buildable industrial site required solving utility delivery, navigating county approvals, and taking a disciplined risk on timing: the market was coming, but the infrastructure wasn’t there yet.
Our Approach
At acquisition, Lonestar did not have a fully defined end-use plan. We aggregated and secured the utilities required to unlock the site—water, wastewater, and electric—while advancing entitlement work in parallel. As the market matured, the strategy evolved with it: CTX formed a new partnership to pursue vertical construction and aligned the development plan around industrial use, including a building with a tenant in tow. Today, the project is in the process of submitting the full site plan for county approval.
Key Metrics
140
Total Acres
1
Parcels Assembled
Investment
Investment
15 min
Distance to Austin
Partially entitled and under construction
Status
Outcome
Lonestar’s ranch land has been transformed into an industrial park with construction underway—positioned to support over 1.2 million square feet of industrial development and ready to go vertical as tenant