Deep Spring Management

Investor-Focused Property Management in Central Austin

We manage investment properties the way operators think about them: strategically, proactively, and with long-term performance in mind.

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Who We Are

Managed Like an Investment.
Not Just a Rental.

B & C
Class assets — our specialty
50
Units max — boutique by design
Direct
Access — no layers, no call centers

Myria Free

Co-Founder & Operating Partner

Myria leads property operations, leasing strategy, and day-to-day portfolio management across Central Austin. She brings more than six years of real estate investment experience spanning acquisition, renovation, lease-up, and long-term stabilization of Class B and C residential and mixed-use assets. Her work has focused on value-add and operationally intensive properties requiring active oversight, renovation coordination, tenant transition strategy, and lease-up execution.

Jordan Suber

Co-Founder & Managing Principal

Jordan brings a decade of real estate experience across residential brokerage, commercial acquisitions, and investment strategy. He built one of Austin's top-producing agent teams before transitioning full-time into commercial real estate, where he sources multifamily, affordable housing, and self-storage assets across the Sunbelt. At Deep Spring he leads acquisition strategy, investor relations, and deal-sourcing infrastructure.

Chris Ragland

Co-Founder & Principal

Chris brings more than two decades of experience in real estate and private capital. He previously served as COO and Partner at Noble Capital Group, overseeing multiple private funds and more than $1 billion in loan originations, before founding Ragland Realty and Management — a fully integrated brokerage, construction, and property management firm operating across Texas.

What Makes Us Different

You Are Hiring an Operator,
Not a Call Center.

01

Investor Mindset

We think about ROI, vacancy costs, and long-term asset performance — not just rent collection.

02

Hands-On Oversight

Boutique means you deal directly with us. No call centers, no layers between you and the decision maker.

03

Leasing Velocity

Faster leasing, smarter pricing, proactive renewals. Vacancy is expensive — we treat it that way.

04

Operational Experience

From renovations to stabilizing underperforming assets, we have done the work ourselves.

Who We Work With

Is Deep Spring a Fit?

We work best with owners who think long-term — local and out-of-state investors who want a trusted operator on the ground, not a management company that treats their asset like a ticket in a queue.

Single-family rentals

Class B & C assets throughout Central Austin

Duplexes, triplexes & fourplexes

Small multifamily with hands-on oversight

Small multifamily

Up to 50 units, boutique by design

Local investors

Austin-based owners who want direct communication

Out-of-state investors

Remote owners who need a trusted operator on the ground

Long-term hold investors

Owners focused on asset performance, not quick flips

We work especially well with owners who

  • Think in terms of ROI and occupancy, not just rent collection
  • Own or are building portfolios in Central Austin
  • Want a responsive, operator-led management relationship
  • Are focused on stabilizing or improving property performance

We are likely not the right fit for

  • Owners looking for lowest-cost management
  • Short-term rental operators
  • Luxury or retail-focused properties
  • Passive set-it-and-forget-it expectations
Our Model

Boutique by Design

Deep Spring is intentionally structured as a boutique property management firm. We focus on a limited number of assets in order to maintain direct involvement, consistent communication, and hands-on operational oversight.

We are not built to be a high-volume, ticket-based management company. Our model is designed for investors who value responsiveness, accountability, and strategic attention to their properties.

  • Direct access to decision makers
  • No call center structure
  • Selective onboarding of new properties
  • Focus on quality of management over quantity of doors
Services

What We Do

Core Property Management

The foundation of Deep Spring.

  • Leasing and tenant placement
  • Rent collection and financial tracking
  • Maintenance coordination and vendor management
  • Turnovers and unit readiness
  • Tenant communication and renewals
  • Property-level reporting

Investment Operations Support

Our differentiator — the layer beyond day-to-day management.

  • Renovation planning and coordination
  • Lease-up strategy and execution
  • Rental pricing strategy
  • Stabilization of underperforming assets
  • Operational performance reviews
  • Portfolio-level guidance for long-term owners
Geography

Local Market Knowledge Matters

Central Austin is not a uniform market, and successful property management here requires more than broad market averages. Leasing timelines, tenant expectations, pricing strategy, and operational demands can shift significantly from one neighborhood to the next, especially across older Class B and C assets.

Understanding how a Hyde Park duplex leases compared to a fourplex in North University or a small multifamily property in Crestview affects everything from renovation decisions to renewal strategy and vacancy timelines. In our experience, successful management decisions are rarely made from a spreadsheet alone.

Hyde Park North Loop Highland North University West University Clarksville Crestview Brentwood Allandale
Experience

Operational Experience in Practice

The Kingston

2020 · 29 Doors

The Kingston

RenovationLease-UpCOVID-Era

We took over The Kingston at the height of COVID — one of the most difficult operating environments in recent memory. Rather than patch and hold, we made the call to vacate the property entirely, execute a full renovation, and re-lease from scratch. It was a high-conviction decision that required careful sequencing of contractors, tight cost control, and a clear leasing strategy in an uncertain market.

Outcome

  • Stabilized occupancy after full renovation
  • Improved tenant quality through full re-lease strategy
  • Reduced turnover through improved unit condition
  • Returned asset to consistent cash-flowing performance
The Halifax

2021 · 44 Doors

The Halifax

RenovationCritical RepairsStabilization

The Halifax came to us with more than cosmetic issues. Beyond the renovation scope, we uncovered and resolved a gas leak and a significant rodent infestation — the kind of problems that require immediate action, experienced vendors, and clear communication with both ownership and tenants. We coordinated all remediation alongside the broader renovation, keeping the project on track and the property safe.

Outcome

  • Resolved critical health and safety issues
  • Completed full renovation alongside emergency remediation
  • Restored full occupancy after stabilization period
  • Improved long-term operational reliability
The Victoria

2022 · 30 Doors

The Victoria

AcquisitionTenant ResetFull Renovation

We acquired The Victoria with a clear-eyed understanding of what it would take to turn it around. The property had problem tenants, deferred maintenance, and unresolved plumbing and pest issues that had been allowed to compound. We moved methodically — removing non-performing tenants through proper legal channels, addressing the underlying infrastructure problems, and completing a full renovation before re-leasing.

Outcome

  • Repositioned underperforming asset through tenant reset
  • Eliminated deferred maintenance backlog
  • Achieved stable, fully leased occupancy post-renovation
  • Increased long-term asset durability
Philosophy

Management Should Protect Performance

Most property management companies say they handle the stress. We think that is the wrong frame entirely. Stress management is a byproduct. The real job is improving operational performance — protecting occupancy, reducing turnover, and treating your asset strategically over the long term.

That means proactive communication, not reactive fire-fighting. It means thinking about your property the way an owner does, because we have been on that side of the table. It means building a long-term relationship, not processing a ticket.

Property Review

Let's Discuss Your Property

Tell us a bit about your situation and we will be in touch.