Austin Property Management
Prime Properties Austin is a full-service residential property management firm, founded 1975, that manages $150MM+ in rental assets across 21 Austin-metro communities for individual rental property owners using AppFolio software and a 12-person local team.
- Company typePrivate
- Founded1975
- HeadquartersAustin, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Austin Property Management does
Austin Property Management, doing business as Prime Properties / Prime Properties Austin, is a privately held, full-service residential and light-commercial property management firm headquartered in Austin, Texas. Founded in 1975, the company manages $150MM+ in real estate assets on behalf of individual rental property owners across 21 Austin-metro communities including Cedar Park, Round Rock, Pflugerville, Georgetown, and Leander. Services span tenant screening and placement, rent collection, maintenance coordination, legal compliance, financial reporting, and 24/7 owner/tenant support, delivered through a 12-person team.
The underlying technology stack is built on AppFolio property management software, which powers both the owner portal (financial reports, rent status) and the resident portal (rent payment, maintenance requests). The firm supplements its service with a YouTube Property Management Podcast, an SEO-targeted blog of 100+ articles, area-specific landing pages, and a Preferred Vendors Network (including Skydeck Roofing). Industry affiliations include the Austin Board of REALTORS, NARPM, and the MLS.
The business model is primarily a recurring subscription-style management fee (percentage of collected rent) charged to property owners, with an ancillary one-time tenant placement fee on each new lease. Go-to-market is sales-led, combining organic inbound content (SEO, YouTube, Facebook, LinkedIn) with direct outreach triggered by free rental analysis requests. Pricing is not publicly listed; the company offers a 'Name Your Price' resource and custom quotes. The legal entity referenced in the website's Terms of Service and Privacy Policy is Devcansol Private Limited, incorporated in India, though no formal ownership relationship to the operating Austin business is stated.
Austin Property Management firmographics
Firmographics- Name
- Austin Property Management
- Legal name
- Devcansol Private Limited
- Website
- https://austinpropertymanagement.com
- Company type
- Private
- Founded year
- 1975
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Prime Properties Austin is a full-service residential property management firm, founded 1975, that manages $150MM+ in rental assets across 21 Austin-metro communities for individual rental property owners using AppFolio software and a 12-person local team.
- Ownership category
- akta.pro rank
Austin Property Management industry classification
Industry- Product category
- Residential Property Management
- NAICS
- Residential Property Managers (531311), Real Estate Property Managers (53131)
- SIC
- Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Residential Real Estate Asset Management (BPAJAMAA)
Keywords
Where Austin Property Management is headquartered
LocationHeadquarters
- HQ city
- Austin
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Austin Property Management business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Property Management Fees: Charges property owners a recurring management fee for full-service property management including tenant screening, rent collection, maintenance coordination, legal protection, and financial reporting.
- Tenant Placement Services: One-time fee for marketing properties, screening tenants, and executing lease agreements to place qualified tenants in rental properties.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Full-service property management (custom pricing) |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
Austin Property Management product offering
Product offeringCore offering
Austin Property Management (DBA Prime Properties / Prime Properties Austin) provides full-service residential and commercial property management for rental property owners in the Austin, Texas metro area. Services span tenant screening and placement, rent collection, maintenance coordination, financial reporting, and legal compliance, delivered through AppFolio-powered owner and tenant portals. The firm also offers ancillary real estate services and a tenant guarantee add-on, and manages more than $150 million in real estate assets across 21 Austin-area communities.
Product overview
Prime Properties Austin operates as a unified property management and real estate services company offering a single integrated suite of solutions rather than a modular platform architecture. The core offerings consist of Full Service Property Management and Real Estate Services, with add-on capabilities including a Tenant Guarantee Service (with 99% success rate claims), a Preferred Vendors Network, and area-specific management services covering over 20 Austin metro communities. The company also operates a YouTube podcast channel and provides pricing resources. All services are delivered through a centralized operations model using AppFolio property management software for financial operations, tenant/owner portals, and reporting.
Differentiator
Problem solved
Functional benefit
Products and services
- Full Service Property Management Comprehensive property management solution for rental property owners covering tenant screening, lease preparation, rent collection, maintenance coordination, financial reporting, legal compliance, and 24/7 emergency support. Designed for owners of single-family homes, multi-unit, and residential rental properties in the Austin metro.
- Real Estate Services Commercial and residential real estate services including property handling, preservation, and marketing, with expert guidance for property owners and tenants in Austin.
- Tenant Guarantee Service Premium tenant placement and guarantee offering with expert screening, lease execution, and a 99% placement success rate. Backed by comprehensive investment protection, 24-hour response, and a 5-star service rating.
- Tenant Placement Services One-time-fee service that markets the property, screens prospective tenants, and executes lease agreements to place qualified tenants in a managed rental property.
- Area-Specific Property Management Property management services tailored to specific geographic areas including Austin, Cedar Park, Round Rock, Pflugerville, Georgetown, Leander, Kyle, Lake Travis, and 20+ other Austin metro communities.
Quantifiable outcome
- 99% tenant placement success rate
- +4 more outcomes
Companies that use Austin Property Management
Customer profileSegments2 records
Ideal customer profiles2 records
Austin Property Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature2 records
Austin Property Management partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- Austin Board of REALTORS (Austin BoR)corePrime Properties Austin is affiliated with the Austin Board of REALTORS, which upholds the highest standards in property management and real estate. This affiliation provides access to MLS listings, industry resources, and professional development for agents.
- National Association of Residential Property Managers (NARPM)coreAffiliation with NARPM demonstrates commitment to professional standards in residential property management. Provides ongoing education, certification programs, and industry best practices.
- MLS (Multiple Listing Service)coreMLS integration allows Prime Properties to list rental properties on the Multiple Listing Service, reaching a wide network of real estate professionals and prospective tenants.
- Skydeck Roofing and ConstructionminorPreferred vendor for roofing services. Provides reliable contractor network for property maintenance and repair needs of managed properties.
- B2R RealtyminorReferenced as a partner providing dependable, professional property management services to help lighten the workload for busy landlords.
Scale indicators8 records
Recent moves7 records
Expansion highlights5 records
Austin Property Management competitors and assessment
Company assessmentBroad incumbents
- Greystar Real Estate Partners: Largest residential property management company in the US, managing ~$320B in assets. Comparable as the dominant scaled player in residential PM; relevant for benchmarking service breadth and scale economics against Austin Property Management's boutique model.
- FirstService Residential: One of the largest residential property management firms in North America operating across HOA, condominium, and rental management. Comparable in residential PM service mix but at significantly larger scale and broader geographic footprint.
- Cushman & Wakefield: Global commercial real estate services firm with multifamily and residential PM operations. Comparable in delivering property management services to investors and owners but at much larger scale and broader portfolio.
Regional players
- Green Residential: Texas-based residential property management company focused on the Houston and Dallas markets. Comparable in full-service residential PM for single-family rental owners, with overlapping customer segment but different geographic focus.
- Allegiant Management Group: Residential property management company serving Austin, San Antonio, and other Texas metros. Comparable in service model (full-service residential PM) and overlapping geographic coverage in Austin.
Others
- AppFolio: Property management software platform used by Austin Property Management for its core operations. Listed as a peer because it is both an enabler and a potential competitive threat—AppFolio increasingly markets direct-to-landlord services that bypass local PM firms.
Direct peers
- Real Property Management: National franchise of residential property managers serving local markets across the US. Directly comparable business model (full-service residential PM for landlords) with a similar value proposition and local-operator delivery model.
- RPM Living: Texas-based residential property management firm with strong presence in Austin, Dallas, Houston, and other major Texas metros. Directly comparable in customer base (single-family and multifamily rental owners) and Texas geographic focus.
- Pinnacle Property Management: Residential property management firm serving the Austin metro and surrounding Texas markets. Comparable in customer base, service offering, and submarket focus.
Emerging players
- Belong (formerly ManageGo): Tech-enabled residential property management platform offering full-service PM with a modern digital experience. Comparable in target customer (single-family rental owners) but differentiated by a technology-first delivery model versus Austin Property Management's relational approach.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Austin Property Management social profiles
Digital presenceAustin Property Management compliance and trust
Trust signalCompliance4 records
Austin Property Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
Austin Property Management leadership team
Management profileNumber of profiles
Profiles1 record
Austin Property Management funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Austin Property Management M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Austin Property Management
What does Austin Property Management do?
Austin Property Management (DBA Prime Properties / Prime Properties Austin) provides full-service residential and commercial property management for rental property owners in the Austin, Texas metro area. Services span tenant screening and placement, rent collection, maintenance coordination, financial reporting, and legal compliance, delivered through AppFolio-powered owner and tenant portals. The firm also offers ancillary real estate services and a tenant guarantee add-on, and manages more than $150 million in real estate assets across 21 Austin-area communities.
Is Austin Property Management a public or private company?
Austin Property Management is a private company. It is classified as unknown and is currently operating.
When was Austin Property Management founded?
Austin Property Management was founded in 1975. It employs 11 to 50 people.
Where is Austin Property Management based?
Austin Property Management is headquartered in Austin, United States, in the North America region.
How does Austin Property Management make money?
Two revenue lines are on record. Property Management Fees are the primary driver. The others are tenant Placement Services.
Who are Austin Property Management's main competitors?
Broad incumbents on record are Greystar Real Estate Partners, FirstService Residential and Cushman & Wakefield. Regional players are Green Residential and Allegiant Management Group. AppFolio is listed as an others. Direct peers are Real Property Management, RPM Living and Pinnacle Property Management. Belong (formerly ManageGo) is listed as an emerging player.
Does Austin Property Management have an API?
No public API is recorded for Austin Property Management.
What industry is Austin Property Management in?
Austin Property Management's product category is Residential Property Management. Its primary akta.pro industry code is BPAJAMAA, Residential Real Estate Asset Management. Its NAICS code is 531311 and its SIC code is 6531.