TexCen Realty, Sales, Leasing, and Property Management

Background

Overview

TexCen Realty, formerly known as Centex Realty, is a real estate firm based in Austin, Texas, with over 30 years of experience in property management, sales, and leasing. The company specializes in managing single-family homes, townhomes, and duplexes throughout the Central Texas area. Their mission is to provide comprehensive real estate services with a focus on client satisfaction and market expertise. TexCen Realty is recognized for its commitment to professionalism and integrity in the real estate industry.

Mission and Vision

TexCen Realty aims to deliver exceptional real estate services by leveraging extensive market knowledge and a client-centric approach. Their vision is to be the leading real estate firm in Central Texas, known for reliability, transparency, and a personalized experience for every client.

Primary Area of Focus

The company focuses on residential property management, sales, and leasing, catering to property owners, buyers, and tenants in the Austin and Central Texas regions. Their services encompass property management, real estate sales, and leasing, with a strong emphasis on customer service and market insight.

Industry Significance

TexCen Realty holds a significant position in the Central Texas real estate market, offering a range of services that address the diverse needs of property owners and residents. Their longstanding presence and comprehensive service offerings contribute to the stability and growth of the local real estate sector.

Key Strategic Focus

Core Objectives

• Comprehensive Service Delivery: Provide a full spectrum of real estate services, including property management, sales, and leasing, to meet the diverse needs of clients.

• Client Satisfaction: Maintain a strong focus on customer service, ensuring that clients receive personalized and attentive care throughout their real estate journey.

• Market Expertise: Leverage extensive knowledge of the Central Texas real estate market to offer informed advice and strategies to clients.

Specific Areas of Specialization

• Property Management: Manage a diverse portfolio of residential properties, ensuring efficient operations and tenant satisfaction.

• Real Estate Sales: Assist clients in buying and selling properties, with expertise in foreclosures, investment properties, and first-time homebuyer programs.

• Leasing Services: Provide leasing assistance to property owners and tenants, facilitating smooth rental processes and agreements.

Key Technologies Utilized

• Online Bookkeeping and Electronic Payments: Offer property owners real-time access to financial records and prompt electronic rent payments, enhancing transparency and efficiency.

• Digital Marketing Tools: Utilize online platforms and marketing strategies to effectively promote properties for sale and lease, reaching a broader audience.

Primary Markets Targeted

• Residential Property Owners: Provide management and sales services to individuals owning single-family homes, townhomes, and duplexes.

• Homebuyers and Sellers: Assist clients in purchasing and selling properties, including first-time buyers and investors.

• Tenants: Offer leasing services to individuals seeking rental properties in the Austin and Central Texas areas.

Financials and Funding

Funding History

Specific details regarding TexCen Realty's funding history, total funds raised, and recent funding rounds are not publicly disclosed. As a privately held company, such financial information is typically confidential.

Notable Investors

Information about individual or institutional investors in TexCen Realty is not publicly available.

Utilization of Capital

While specific details on capital utilization are not disclosed, it is common for real estate firms to allocate funds towards property acquisitions, operational expenses, marketing initiatives, and technology investments to enhance service delivery and market presence.

Pipeline Development

Key Pipeline Candidates

TexCen Realty's pipeline primarily consists of residential properties available for sale or lease, as well as properties under management. The company focuses on maintaining a diverse portfolio to meet the varying needs of clients in the Central Texas market.

Stages of Development

• Property Acquisition: Identifying and acquiring properties that align with market demand and client preferences.

• Property Management: Overseeing daily operations, maintenance, and tenant relations to ensure optimal property performance.

• Sales and Leasing: Marketing properties to potential buyers and tenants, negotiating terms, and facilitating transactions.

Target Conditions

TexCen Realty targets properties that are well-maintained and located in desirable neighborhoods within the Austin and Central Texas areas. They focus on single-family homes, townhomes, and duplexes that appeal to a broad range of clients.

Anticipated Milestones

• Property Acquisition: Regularly expanding the portfolio to include new properties that meet market demand.

• Tenant Placement: Achieving high occupancy rates through effective leasing strategies and tenant retention programs.

• Sales Transactions: Facilitating timely and successful sales transactions for clients, contributing to the company's growth and reputation.

Technological Platform and Innovation

Proprietary Technologies

TexCen Realty utilizes proprietary online bookkeeping systems and electronic payment platforms to provide property owners with real-time access to financial records and prompt rent payments. This enhances transparency and efficiency in property management.

Significant Scientific Methods

The company employs data-driven market analysis and digital marketing strategies to effectively promote properties and make informed decisions regarding property acquisitions and management.

Leadership Team

David Mozingo – Broker/Owner

David Mozingo is the founder and Broker/Owner of TexCen Realty. With over 30 years of experience in residential and commercial real estate, he has been managing properties for 20 years. David is dedicated to providing comprehensive real estate services in Austin and Central Texas.

Jamie Ferris – Broker Associate/Supervisor

Jamie Ferris serves as a Broker Associate and Supervisor of the Property Management division at TexCen Realty. A second-generation Realtor, she joined the family business in 2009. Jamie is actively involved in the Buda/Kyle community and is a member of St. Elizabeth's Episcopal Church.

Susie Leggett – Business Operations Specialist, Notary Public

Susie Leggett has been with TexCen Realty since 2016. With a diverse background across several industries, she brings a wealth of experience and a keen eye for detail to her role as Bookkeeper. Susie is passionate about ensuring financial records are accurate, up-to-date, and organized.

Sheila Braitkrus – Administrative Assistant

Sheila Braitkrus has a managerial background in the hospitality industry and enjoys working with everyone at TexCen Realty. Her hobbies and greatest joys are her two college-aged kids, her husband, and their dog, Sky.

Laura Morgan – Bookkeeping Assistant/Utilities Coordinator

Laura Morgan has a background in education and brings a unique perspective and meticulous attention to detail in her role as an Assistant Bookkeeper and Utilities Coordinator. She enjoys spending time with her family, camping, and traveling.

Amy Mozingo – Broker's Assistant, Agent, Property Manager

Amy Mozingo is a second-generation Realtor who brings a strategic yet personable approach to the home buying and selling process. She has built a reputation for comprehensive client care and has a thorough knowledge of the real estate market in both Austin and surrounding areas.

Lori Padilla – Policy and Process Specialist, Agent, Property Manager

Lori Padilla has been a licensed Realtor® since 2015 and found a home with TexCen Realty in 2018, where she added residential property management to her duties. She enjoys working with first-time homebuyers and investors to help them get a great return on their investment.

Greg Stahl – Senior Property Manager/Agent

Greg Stahl is a Realtor/Property Manager with TexCen Realty. He has been a licensed agent since 2004 and has been with TexCen Realty since February 2006. His business is built on communication, dedication, and trust while catering to all of his clients' real estate needs.

James Strelec – Senior Property Manager/Agent

James Strelec is a native to Austin, TX, with over 14 years of property management and real estate investment/sales/leasing experience. He has experience mainly in residential property management and real estate, as well as commercial and multifamily management and sales/leasing throughout multiple Texas markets.