Yes, you got it right. Casually they call it the "propeller plant." Like most Crassula, it will grow in direct sun (if you acclimate it gradually to that). It's a typical succulent, so put it in a mix with some "grit" to it (perlite, pumice) and good drainage, and don't water until it is dry. I only had one of these, which I managed to kill by overwatering, so I have no idea how to get it to flower. But there are a lot of Crassula people here and I'm sure someone will know.

The correct name is Crassula perfoliata var. minor. They can take quite a bit of light an heat. If all they could take was 85F then mine are a few degrees dead then.

They need good light to grow compact and to flower. I think mine usually flowers late summer (probably should have written that down).

Checked some photos just now: It flowered for me on June 16 in 2015. The plant has reliably flowered for me every year after that but I don't think I really kept track or would have to dig up the photos.

Here it is now:

Mine look best with some morning sun and full afternoon shade, and regular watering. I'm coastal CA, not as hot as TX, but not as humid.

Mine is in full sun from 11 or 12 onwards. I think it is setting bud now. I will take a picture tomorrow. It used to be in a combination pot, but I gave it its own home this spring, as it was getting too large. Last year:

Here are two pictures. It used to grow in a 40/60 mix of Napa Oilsorb and chicken grit. It now is in Lechuza Pon. It gets watered whenever it rains, or when the weather is dry about once a week with rain water and half strength fertilizer. I am hoping that what I see in the top is the beginning of a bud...