On Q Property Management opened an Austin-area office in Round Rock in November.

About the business: The Arizona-based property management company manages more than 7,000 properties nationwide, with 1,000 in Texas alone.

What they offer: On Q has an in-house technology platform, maintenance management software, digital inspection tools, online owner portals and a flat-rate fee structure, in addition to secure property lockers at each office for contractors and cleaning crews.

Texas State University will purchase a 128 acre tract of property in San Marcos as part of a conservation effort around Sink Creek.

What you need to know: The Texas State University System Board of Regents approved the land purchase for $4.5 million Nov. 20, allowing the university to take ownership of an ecologically sensitive area and continue efforts to preserve it. Acquiring the property is part of a commitment to environmental stewardship on behalf of Texas State University, per a release shared by the system.

The details: The property is located northeast of Spring Lake and Spring Meadows, adjacent to the Spring Lake Natural Area, a city of San Marcos-owned park protected for several environmental features. 

What they're saying: Being located within the Sink Creek Watershed provides an opportunity for students to further study local ecology, said Robert Mace, director of The Meadows Center for Water and the Environment.