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Karl Koebel, CCIM

Managing Principal


LinkedIn Profile

Doug Launius

Managing Principal


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Our motto: "do well

by doing good."

Known as the “go-to guys” of Southeast Austin, Karl and Doug’s success is what happens when warm, southern charm unites with sophisticated business acumen.  The duo will be the first to tell you their success is unquestionably due to their focus on Southeast Austin, and the way they approach business. They are firm believers in knowing, understanding and respecting the community’s values - and treating everyone they come in contact with respect, honesty and integrity.  


In business together over 10 years, the duo have 60 years of industry experience and have transacted over $1.2 billion worth of real estate. 

Michael Modesett



LinkedIn Profile


Southeast Austin:

what we know and love.

Marketplace Real Estate Group is a full-service commercial real estate firm and considered to be an expert when it comes to Southeast Austin, Del Valle and the surrounding areas. The Austin-based firm has been helping to bring a thoughtful balance of housing, retail, office and open space to the Southeast Austin area since 2010.  Marketplace believes new development should occur in a thoughtful way that not only meets market demand, but is also respectful of the community and environment.  

Southeast Austin has been in the news a great deal lately.

Velocity - Southeast Austin - Rendering


390-acre, 7M-sq.-ft. mixed use development

Location: Southwest corner of SH 71 and SH 130

Description: Velocity (formerly called Velocity Crossing) honors the land’s legacy with a healthy, respectful version of a mixed-use development incorporating ample green space, including a 7-acre central park, to ensure nature thrives alongside our new community. It's able to accommodate 7 million square feet of mixed use space.


  • In a highly desirable Triple Freeport Zone and Opportunity Zone

  • ± 5 minutes from the Austin-Bergstrom International Airport (ABIA)

  • ± 9 miles to Austin’s Central Business District

  • ± 2 miles south of Tesla's Gigafactory

  • For more information, visit:

4.42 acres

for lease or for sale

Location: 13909 FM 812, Del Valle, TX 78617

Description: This site is ideal location for RV Park, convenience store, restaurant and/or music venue - and comes with a charming, historical farmhouse. 


  • In a highly-desirable Opportunity Zone

  • Site wraps around a new Dollar General store

  • Site is across the street to the south of the Circuit of the Americas and Austin 360 Amphitheater

  • Level, dry land with improvements​

  • Has a ± 1,200-square-foot historical building on-site

  • Utilities available; septic on-site

  • City of Austin ETJ zoning


16,200 square feet

Location: Along FM 973, just south of SH 71

Description: This 1.83-acre site offers an ideal location for a 16,200-square-foot medical/retail build to suit opportunity. 


  • In a highly desirable Opportunity Zone

  • Immediately east of Austin-Bergstrom International Airport (ABIA)

  • Immediately west of the Velocity development and a future H-E-B grocery store

  • ± 8 miles to Austin’s Central Business District

  • ± 2.7 miles southeast of Tesla's Gigafactory

Kellam 27

+/- 27 acres

Location: At the southeast corner of SH 71 and Kellam Rd.

Description: Kellam 27 offers an ideal location between two of Austin’s most promising new companies, ZOHO and Tesla. The 27-acre tract includes approximately 1,100 feet of frontage along SH 71, making it a highly visible site.


  • In a highly desirable Opportunity Zone

  • A short distance from the Velocity development and a future H-E-B grocery store

  • ± 10 miles southeast of Austin’s Central Business District

  • ± 3 miles southeast of Tesla's Gigafactory

  • ± 3.5 miles from Austin-Bergstrom International Airport (ABIA)

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