Our Work

Featured Case Studies

Vertical Development

$200MM

Seaholm Power Plant

Historic power plant transformed into Austin's premier mixed-use destination. Beat Trammell Crow in competitive process.

Vertical Development

$200MM

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

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.

Master Plan

928 Acres

Chisholm Hill

8-parcel land assemblage with MUD formation. $25M in, $55M exit.

Master Plan

928 Acres

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

Parcels Assembled

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.

Master Plan

±78,000 SF

SF Industrial Complex

Master Plan

±78,000 SF

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

Parcels Assembled

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

Our Work

Land & Entitlement

Master Planned

Creekside Master Planned Community

1648 Acres • Central Texas

The nicest residential community in West Bastrop

A 1007-acre master planned community located just 30 minutes from Austin’s central business district and 15 minutes from Austin Bergstrom airport.Currently in phased development with the intent of providing the best state-of-the-art affordable housing in Bastrop County, Creekside is the perfect place for families to find their forever homes.

Stage: Pursuing Entitlements

Location: SH 21 & FM 812

Acreage: 1007 Acres

Near: Austin Bergstrom Airport and Camino Real Elementary

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Land & Entitlement

Master Planned

Creekside RV & Mixed-Use

1648 Acres

Waterfront RV resort and commercial mixed-use development

Currently under construction, Creekside RV is the perfect mixed-used RV destination. With 7 acres of water access and community amenities, families and snowbirds will feel at home at Creekside.

Phase: Under Construction

Address: SH 21 & FM 812Total Units: 183 RV

Amenities: Pool, clubhouse, washer/dryer, on-site lake, BBQ pits, pavilion.

Near: Austin Bergstrom Airport and Camino Real Elementary

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Mixed-Use

Land Development

Farmside Community

101 Acres

Future Residential Housing Development

An anticipated state-of-the-art manufactured housing community located just minutes from the Amazon campus, just south of Austin.This property is gearing up for construction in 2024 to provide the best residential living experience for families and professions looking for ideal proximity to both Austin and San Marcos.

Phase: Under Construction

Address: 5356 Misty Lane, Maxwell Tx.

Total Units: Phase 1 – 105 Lots, Phase 2 – 154 Lots, Phase 3 – 110 Lots. Phase 4- 107 Lots, Phase 5- 82. Tota CTX- 259

Amenities: Pool, Clubhouse, Washer/Dryer, Park, etc.

Near: Located off of SH 21.

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RV Parks

Treeside RV

45 Acres

Brand new RV resort in the Texas Hill Country

Exciting new Treeside RV Resort in New Braunfels offers easy access from I-35, luxurious amenities, full hook-ups, and 45 acres of all the rugged beauty of Central Texas. Choose your site near the beautiful tree-lined creek, sip your coffee as the sun comes up and picnic in your very own patio.

Great for families, snowbirds, and commuting workers and professionals. The safe and prosperous area of New Braunfels is the third fastest-growing city in the nation, with vast employment opportunities and countless activities for fun.

Phase: Active

Address: 8989 N Interstate 35 Frontage Rd, New Braunfels, TX 78130

Total Units: 225 RV sites + 5 cabins

Amenities: Pool, office, laundry, bathrooms, showers, gym, outdoor games, grilling, views, fishing, kayaking

Near: Toll-130, Austin Bergstrom Airport, F-1 racetrack & event venue, new surf-park, new ACC campus, close to Gruene & New Braunfels Tx.

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RV Parks

Riverfront

Operating

San Marcos River Resort

85.614 Acres

Expanded RV resort right on the San Marcos River

Easily accessible from multiple major highways and near the bustling cities of Austin and San Antonio, the San Marcos River Resort provides the peaceful, quiet tranquility of country living right on the San Marcos River.

The ideal destination for snowbirds, family vacationers, and retirees to enjoy.

Stage: Under construction

Address: 1 River Ln, Fentress, TX 78622

Total units: 291 RV Sites, 18 For Rent Cabins, 3 For rent treehouses

Amenities: San Marcos River access. Pool, Clubhouse, Bathhouse, Washer/Dryer, Tube Rentals, etc. Dog Park, Covered RV Sites

Near: Located off Hwy 80 leading into San Marcos and Hwy 130 to Seguin