Karen G. Skelton


1100 Weston Lane North, Austin, Texas 78733 | 512.656-9599 (cell) | karengskelton@gmail.com


The University of Texas at Austin,
Masters of Business Administration            1987

Princeton University,
AB, Romance Languages and Literatures,    1979
Minor Concentration in Civil Engineering,     1975-1977

Universidad de Valencia (Spain)

Summer School Spanish Fluency Immersion  1978
The University of Texas at Austin                    1977

Summer School, Biology and Spanish



Texas Realty Partners, LLC

Founder                                                                                     2005 to present

TRPLLC is a boutique real estate firm representing real estate syndications, private investors, developers and corporate entities, including representation for leasing, brokerage, development and entitlement activities.  In the years since it’s founding, TRPLLC has completed over $40MM in sales, $25MM in structured financing, and $20MM in leases. 248 Addie Roy Road, B302, Austin, Texas 78746| 512.651.7007 (direct) |www.txrlty.com|www.trpaustin.com | karen@txrlty.com

Henry S. Miller Company

Vice President                                                                                   2001 to 2005

HSM is a regional real estate firm with multiple divisions. Associated with the Austin office but worked on statewide projects including the formation of Henry S. Miller Real Estate Services as President for the purposes of pursuing an 11MM SF leasing project for the State of Texas. Investment Real Estate Specialist.

Skelton Properties; Ansley Farms II, Inc.; Skelton Farms, Inc.; Skelton-Addie Roy of Texas, Inc., Goetting

Family Mineral Trust

Owner                                                                                        1992 – present

Entities formed for the purpose of managing family or closely held interests related to real estate and mineral interests.

Skelton Asset Advisors, Inc.; Skelton Auction Advisors, Inc.

Owner                                                                                        1992 – 1995

Entities formed for the purpose of providing consulting services and/or to partner with various clients including Bank One-New Hampshire/Bank of New England, Hudson and Marshall, the FDIC, the RTC and various regional banks in Texas. These services generally had to do with evaluating portfolios of REO, determining if the individual assets should be sold in bulk sales, auctions or on a retail basis, and executing those plans for disposition.

Bank One, NA and it’s operating subsidiary Bonnet Resources (now J.P.Morgan)

Vice President, Marketing (1991-1992)                                                                                         1990-1992

Bonnet Resources was the “bad bank” created when Bank One, N.A, acquired the assets of one of the largest banks in Texas, MBank, and was the repository of all workout and ORE related assets. Statewide responsibility for portfolio marketing and sales of $200MM in packages of office buildings and retail centers located throughout the State of Texas.

Vice President, Property Management (1990-1991)                                                                                         1990-1992

Regional responsibility for a portfolio of $120MM in retail and office properties, with responsibility for managing all leasing and property management activities for the underlying real estate assets, including budgeting and lease negotiation on behalf of the landlord.

Texas Commerce Bank (now J.P. Morgan)

Assistant Vice President, ORE Marketing and Management (1991-1992)                                                                                         1987-1990

Managed a portfolio of real estate assets including office buildings, multifamily, retail, industrial and land, totaling $150MM at it’s peak. Responsibilities included hiring property managers, leasing agents and professional service providers such as engineers and architects, as well as negotiating the sale of those assets after they had been re-stabilized and readied for marketing.

Zachry Company

District Marketing Manager                                                                                  1985-1987

Responsibility for all marketing activities for the Commercial Building Division of a multi-national construction company based in San Antonio including the preparation of Bid Proposals with the Chief Estimator and the President of the Commercial Division.

Project Engineer/Project Manager                                                                                                    1983-1985

Initially responsible as Project Engineer for the management of all the contracting/subcontracting elements of a $28MM mixed use commercial project in Austin, Texas including a hotel, office building, 400 vehicle parking structure and associated civil improvements on Waller Creek. Ultimately succeeded to the role of Project Manager for the close out of the contract and completion of all requirements necessary to receive a Certificate of Occupancy from the City of Austin.

Cadillac Fairview Urban Development, Houston

Construction Manager                                                                                  1980-1983

Responsible for the tower portion of the flagship $89MM Four Seasons Hotel at Houston Center in downtown Houston. Managed the deliverables from the architects and engineers, as well as the major subcontractors, who were contracted directly to CFUD. Subsequently managed the demolition and reconfiguration of the 400,000 SF Gulf Tower (Two Houston Center) for conversion from single tenant to multi-tenant status. Also managed Tenant Improvements for the Park at Houston Center and completed West Wood Green as Construction Manager.

Duncan Smith Company, San Antonio

Financial Analyst/Construction Manager                                                                                  1980-1983

Originally hired to train as a Financial Analyst, but took over the responsibility for the completion of a historic (1879 vintage) rehabilitation of a downtown office structure to be occupied by Duncan-Smith as well as multiple office, retail and fast food tenants, including McDonald’s and Popeye’s.


 Licensed Texas Real Estate Broker since 1992, Licensed Texas Real Estate Salesperson 1990-1992, CCIM Candidate


National Association of Realtors, Texas Association of Realtors, Austin Board of Realtors, Certified Commercial Investment Member (Candidate), Princeton University Varsity Club, University of Texas Exes, Option II MBA Alumni Association, Princeton Alumni Association


President, Vistas at Barton Creek Condominium Owners Association (3 terms); former President (3 different terms) Rob Roy on the Lake Owners Association; Vice President, Port Royal By The Sea Condominium Owner’s Association; University of Texas Astronomy Department and McDonald Observatory Board of Visitors (1992 to present), Chairman, Nominating Committee 2003-2009, Executive Committee 2001-2009, Strategic Planning Committee, HETDEX Advancement Committee; Texas Cures Foundation Advisory Board 2012, Board Member, Silverton-Tingari Foundation


Married since 1987 to J. Hampton Skelton (Hamp) with 3 children)