REA.co Real Estate Accounting & Tax

Expert MRI Bookkeeping Services For Scaling Property Investors & Managers In Austin

Austin's growth is split between build-to-rent communities feeding tech-sector renters and commercial space, office, retail, mixed-use, tied to that same employer base. That split is why MRI shows up here more than in purely residential markets: its lease administration and CAM reconciliation modules are built for commercial-weighted portfolios, not single-family rent rolls. Our team handles the bookkeeping behind that mix, reconciling CAM pools against lease abstracts and closing the gaps that open when Austin's commercial and build-to-rent components sit in different MRI modules.

We work with accountant access inside your own MRI instance, exactly as you would grant an internal hire.

Texas rules that apply here

Deposit return deadline
30 days
Statute
Texas Property Code Ch. 92
Full Texas requirements

Why MRI Operators in Austin Come to REA

Enterprise and modular, strong on commercial

CAM Reconciliation Across Commercial Space

Austin's office and retail space built around the tech corridor runs on common area maintenance charges that have to reconcile against actual spend every year. MRI's CAM module is built for that work, but the reconciliation only holds up if someone is checking pooled expenses against tenant billing line by line. That is where our team sits.

Lease Abstract and Billing Drift

MRI's modular design means a lease can be abstracted in one module and billed out of another, and in an MRI instance covering Austin's commercial stock, those two records can quietly drift apart. We reconcile the abstract against the billing record every cycle, so a change in one module never surfaces as a surprise in the other.

Build-to-Rent and Commercial in One Instance

Austin's build-to-rent communities sit in the same MRI instance as commercial and mixed-use assets for a lot of the property managers we work with, and MRI treats those two sides differently. We keep single-family rent rolls reconciled with the same discipline as CAM pools and lease abstracts, so neither side of a mixed portfolio gets less attention.

MRI and Texas Deposit Rules

Texas Property Code Ch. 92

Texas Property Code Chapter 92 gives property managers 30 days from move-out to return a security deposit or send an itemized statement of deductions. MRI is not built around residential deposit tracking the way a purely residential platform is, its strength sits in commercial lease administration, so the 30-day clock does not enforce itself inside the module. For the build-to-rent and single-family units in an Austin MRI instance, our team tracks move-out dates against that statute manually and confirms every disposition goes out inside the window.

Texas Property Code Chapter 92 requires the deposit to be returned within 30 days of lease termination, with itemized written deductions.

All Texas requirements

How we keep you inside it

  • Deposit liabilities tracked per tenant in MRI, so a 30 days deadline is answerable from the ledger
  • Trust accounts reconciled three ways every month
  • Deduction documentation recorded against the correct ledger
  • Aging deposits flagged before the statutory window closes

MRI Accounting & Bookkeeping Services

For Austin Portfolios

  • Process Review & Set Up
  • Bank Reconciliations
  • AP / AR
  • Accurate NOI, Balance Sheets
  • Recording HUD's & Accruals
  • Owner Distributions
  • Monthly Statements & Reports
  • Management Fees
  • Corporate Bookkeeping
  • Tenant Chargebacks

On a Different Platform in Austin?

We Work Inside All of Them

Experts In All Property Types

  • Single-Family
  • Multifamily
  • Student Housing
  • Affordable Housing
  • Community Associations
  • Commercial
Schedule time to learn more

Experts In All Property Types

Residential, commercial and everything in between. The asset class changes what the books have to prove, and our teams are staffed accordingly.

Check Out What Our Clients Have To Say About Us

Property Managers, Investors & Owner Operators

Client story

Following a series of erroneous financials from my previous bookkeeper, who lacked expertise in real estate, it's been truly remarkable to receive not only accurate financials on a consistent basis but also proactive advice without prompting. The REA team is a game-changer in real estate accounting!

SCSara CrosbyReal Estate Investor

As REA exclusively specializes in Real Estate, I rest easy knowing my financials are precise every month while saving money at the same time, an invaluable benefit.

SWSteve WilkoOwner Operator

I highly recommend Real Estate Accounting (REA) services from this group. They truly are great and have helped us tremendously at a time we needed it the most. I felt very comfortable giving up all my accounting responsibilities to this team and I'm still glad I made the decision to work with this group. Nothing less than an amazing experience!

TCTracy CollinsProperty Manager

Frequently Asked Questions

Does MRI track the Texas 30-day security deposit deadline automatically?

No. MRI's deposit accounting exists inside modules built primarily for commercial lease administration, and it does not flag the 30-day window Texas Property Code Chapter 92 sets for returning a deposit or sending an itemized statement after move-out. For the build-to-rent and single-family units in an Austin portfolio, we track that deadline outside the automated module and confirm disposition letters go out on time.

Why do CAM charges and lease billing sometimes not match in MRI?

MRI is modular, and a lease abstracted in one module can be billed from another. When those two records are set up or updated separately, which happens often in Austin instances covering commercial and mixed-use space, the CAM pool and the tenant billing can disagree. We reconcile the abstract against the actual billing record every cycle instead of assuming the two modules stayed in sync.

Does REA handle both the commercial and build-to-rent side of an Austin MRI portfolio?

Yes. A lot of the Austin property managers we work with run commercial and mixed-use space alongside build-to-rent single-family units inside the same MRI instance, since Texas has no zoning code forcing that separation. We reconcile CAM pools and lease abstracts on the commercial side and keep security deposit and rent roll accounting current on the build-to-rent side, in the same monthly close.

More in Texas

Other Texas markets, the platforms we work in, and the functions available on their own.

MRI Bookkeeping for Austin

Schedule a call and we will review your MRI setup, your Texas deposit handling, and what it takes to close clean every month.