Devora Realty

What Devora Realty does

Devora Realty, LLC is a privately held, boutique real estate brokerage and development firm founded in 2011 and headquartered in Austin, Texas, with a second office in San Antonio and a third submarket presence in the Texas Highland Lakes region. The firm operates a horizontal, multi-vertical service model spanning residential buyer and seller representation, commercial property acquisition and disposition, farm and ranch transactions (including luxury ranches such as Simms Creek Live Water Ranch), and real estate development advisory covering adaptive repositioning and ground-up projects. Founder Johnny Devora, who holds the CCIM designation, leads the firm alongside a small team of agents; Adam is also identified as an active real estate agent. Customer evidence is drawn entirely from individual buyers, sellers, and investors rather than institutional or enterprise clients.

The firm's underlying technology is a standard marketing website and dashboard stack rather than a proprietary platform. It includes a property search dashboard with filtering by property type, beds, baths, and condition; a Mortgage Calculator for prospective buyers; and an Instant Home Valuation form that captures leads but ultimately relies on manual agent research and personalized reporting within 48 hours, with no disclosed automated valuation model. The website is built on the AgentFire platform (assets served from agentfire3.com), indicating a third-party real estate marketing product rather than in-house engineering. No API, SDK, mobile app, or proprietary data assets are present, and no AI/ML capability is disclosed.

Devora Realty's business model is commission-based brokerage: it earns transaction fees on closed deals, with typical residential commission rates of 5-6% split between buyer's and seller's agents, and quote-based pricing for commercial and development work. Revenue streams include residential brokerage commissions, commercial deal commissions, farm/ranch transactions, and development advisory fees. Go-to-market is sales-led and relationship-driven through direct agent-to-client engagement, supplemented by top-of-funnel content marketing (blogs, social media on Facebook, LinkedIn, Pinterest, X), SEO-optimized property listings, and email communications. There are no disclosed funding rounds, no institutional investors, and the firm is wholly founder-owned.

Name

Devora Realty

Legal name

Devora Realty, LLC

Website

https://devorarealty.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

1–10 employees

Short description

Devora Realty is a privately held, founder-led boutique real estate brokerage and development firm in Austin and San Antonio, Texas, serving residential buyers/sellers, commercial investors, farm and ranch clients, and developers through commission-based transactions.

Ownership category

akta.pro rank

Product category

Real Estate Brokerage Services

SIC

Real Estate Agents & Managers (For Others) (6531), Real Estate (6500)

akta.pro primary industry

Land Brokerage (Raw Land & Development Sites) (FSAEAJAD)

akta.pro secondary industry

Transitional/Development Land Brokerage (Entitled, In-Path-of-Growth) (BPAJADAJ)

Keywords

• Real estate brokerage
• Residential property services
• Commercial real estate
• Property development advisory
• Farm and ranch sales

Headquarters

HQ city

Austin

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Technology or R&D

Revenue model

1. Real Estate Brokerage Commissions: Commission-based real estate brokerage services for buying, selling, and leasing residential, commercial, and multi-family properties. The company also earns fees from development services and farm/ranch transactions.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Devora Realty is a boutique real estate brokerage and development firm that provides buyer and seller representation, marketing, acquisition, adaptive repositioning, development, and disposition services across residential, multi-family, commercial, and farm & ranch properties in Texas markets (Austin, San Antonio, and Highland Lakes). The firm also operates supporting digital tools including a property search dashboard, home valuation tool, and mortgage calculator on its website.

Product overview

Devora Realty is a boutique real estate brokerage and development firm offering a unified service platform across residential, commercial, farm & ranch, and development sectors. The core offering combines buyer/seller representation with specialized services including commercial property disposition, farm & ranch sales, and development advisory. Supporting digital tools include a mortgage calculator and home valuation generator. The company operates in Austin, San Antonio, and Highland Lakes markets in Texas.

Differentiator

Problem solved

Functional benefit

Products and services

• Residential Real Estate Services Buyer and seller representation services for residential properties in Austin and San Antonio markets, including mortgage calculator and home valuation tools, supporting individual homebuyers, sellers, and residential investors.
• Commercial Real Estate Services Commercial property marketing, acquisition, repositioning, and disposition services for multi-family and commercial properties including office, retail, and industrial assets, aimed at businesses and investors.
• Farm & Ranch Services Specialized brokerage for farm, ranch, and large acreage properties, including luxury ranch listings such as Simms Creek Live Water Ranch, featuring land, homes, and agricultural infrastructure in Hill Country and surrounding areas.
• Development Services Real estate development advisory and execution services, including adaptive repositioning of properties and development project management for ground-up and value-add projects.
• Home Valuation Tool Automated home valuation tool that generates personalized property value reports based on user-provided property details and characteristics, offered to homeowners as a free assessment entry point.
• Mortgage Calculator Online calculator tool for prospective buyers to estimate mortgage payments based on property price, down payment, and loan terms.

Named customers5 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• Hedrix Residential Group (Michelle Hendrix)minorChannel Partner/ Reseller/ Distributor · 19 May 2025Co-listing partnership on Simms Creek Live Water Ranch property. Michelle Hendrix from Hedrix Residential Group co-presented the ranch listing with Johnny Devora from Devora Realty, indicating a collaborative relationship for specific property transactions.

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• JB Goodwin Realtors: Long-established Austin independent residential brokerage with farm & ranch and commercial arms; comparable multi-vertical mix and Central Texas geographic focus.
• Kuper Sotheby's International Realty: Texas-based boutique luxury brokerage with strong Austin and Hill Country presence. Most direct comparable on product mix (residential, ranch, luxury) and boutique positioning.
• Moreland Properties: Austin-based boutique brokerage with a strong emphasis on luxury, multi-family investment, and land transactions; overlaps directly with Devora's farm/ranch and commercial segments.
• Phyllis Browning Company: San Antonio's leading independent luxury and residential brokerage; directly comparable in the second market Devora serves, with similar boutique positioning.
• Realty Austin: Largest independent Austin-focused residential brokerage; competes head-to-head for Austin buyer/seller representation and uses similar property search technology.
• DEN Property Group: Austin boutique brokerage focused on urban core, luxury, and investment properties; competes for the same urban Austin buyer pool that Devora serves.

Broad incumbents

• eXp Realty: Cloud-based national brokerage with large Texas agent count and aggressive commission economics; comparable on the residential transaction model though vastly larger scale.
• Compass: National technology-driven brokerage with significant Austin and San Antonio presence; represents the well-capitalized national player Devora competes against.
• Keller Williams Realty: National franchise brokerage headquartered in Austin with massive Central Texas agent count; dominant incumbent in the same residential market Devora operates in.
• Cushman & Wakefield (Texas): Global commercial real estate services firm with significant Austin/San Antonio offices; competes for the same commercial and multi-family mandates Devora targets.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

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 Devora Realty