1910 E 10th ST

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New construction home within walking distance to trendy East Austin entertainment district. The home has 2 master bedrooms. On up and one down. The upstairs master has private balcony with potential downtown views. Stained concrete down, Bamboo floors up. Both Master suites have separate tubs and stand up showers. The chefs kitchen has ample counter space, with a large island. The yard will be fully sodded with a privacy fence in the backyard. The property will have a stainless steel appliances.

 

New Development in the heart of East Austin

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This New development in Austin is walking distance to Boggy Creek Greenbelt, minutes away from ACC, with easy access to I-35 and only a short cab ride to downtown attractions and festivals. This brand new home is built by Patriot Builders and it has walk-in closets, as well as granite counter tops with stainless steel appliances. This home is a great investment.

The Lamar Project

211SLamar

On Thursday August, 8th 2013, the Lamar Project will be voted by the city council, this project will include a 96-foot-tall apartment building to be added to the current location of Taco Cabana at the corner of Lamar and Riverside. The current residents and businesses in that area are not pleased with the decision and have been protesting to vote against the project. Businesses such as, The Zach Scott Theatre, The Bridges HOA, and The Zilker neighborhood association are just some of the few not happy with the decision to build there is even question on whether or not it will affect the Historical Paggi House that has been around since the 1840’s. The project is just a start to what the outer areas of Downtown could possibly be one day, which is what the neighbors are afraid of, building bigger and more luxurious apartment buildings. If one is built it will be a prime location for other developers and architects alike. Although the current proposition for this project is only to better the city and living by adding areas for attraction and entertainment, although the votes have been pushed back long enough, tomorrow we will find out.

The high-rise life for West Campus

UT highrise

 

 

 

 

 

High End Housing for UT students

A Developer from Tennessee who builds all over the United States for Campus housing and for student living has made it to Austin. EdR Collegiate Housing goals are to make upscale living and a lifestyle for UT Students. They are going above and beyond to fit with the loft like feeling. The high-rises they are building comes with granite counter tops, stainless steel appliances, and high end finishes.The current project they are working on is 2400 Nueces, that is planned to be finished by Fall of 2013. The city of Austin in 2004, signed a zoning law for the area called The University Neighborhood Overlay District, stating that developments around the inner and outer skirts of the UT area will be able to handle more high rises. They are planning to add this year alone 4 new buildings, adding up to 2000 new luxury apartments and easy accessibility to the students. The rental rates alone are targeted to students who are looking for this type of living, the studio units start at $1,000. The high rise type of living can be up to 16-20 floors, where this time last year, was one of the highest rates of students with a vast 52,000 people attending. The whole plan also adds parking, as well as street level future shopping, dining, and other places for businesses. The other amenities that will be a plus to the plan are top of the line pools, gym facilities, and a more secure access to your unit. The University of Texas wants the first year freshmen to live on campus and get the feel of the college living but the cost of student housing alone could be up to $16,000 a year. Where that also includes, sharing a bathroom, common area, and having multiple roommates, so this new type of living is definitely more appealing to students. This will also relieve some of the West Campus area living for other tenants that are not necessarily attending UT but wanting to live in the area. It also is said to lower the rent in that area since the high rise population will rise.
For more information please visit
http://www.utexas.edu/depts/grg/adams/307c/westcampusoverlay.pdf
or
http://www.edrtrust.com/   &    http://www.2400nuecesapartments.com/index.php/prop/home

June Market Stats

Austin Board of Realtor Image

 The Austin housing market is thriving, the increase of population per month plus continued job growth is helping our resale market, we currently have 2.9 months of inventory. The Austin Board of Realtors has stated in recent articles, that the current amount of supply will not be able to sustain the influx of people to the area. The inventory is just at its lowest, although the market is actually strong it is a struggle to find any type of housing in the Austin “In June 2013, a total of 1,575 properties were leased in Austin, which is six percent less than June 2012. The median price for Austin-area leases was $1,450, which is four percent more than the same month of the prior year. In the first half of 2013, a total of 7,658 properties were leased in Austin, which is two percent more than 2012, and the median lease price was $1,400, or eight percent more than this time last year.” -ABOR. So for the next couple of quarters left in the year, we will see the value of homes for sale increase, and the number of people moving to the Austin still flowing. Even from 2012 to 2013 as shown in the picture above the increase in average sales price per home is around $90,000. That is astonishing and definitely proves that Austin is flourishing, thankfully the next couple of years will bring some new developments to hopefully even out the market for both buyers and sellers.

3104 Neal St Austin, Texas 78702

3104 Neal

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New Construction East Austin real estate, available for Mid June! This home is located just a short bike drive to downtown Austin and UT campus. Walk to the Metrorail stop. Home has an open floor plan with stained concrete floors, Granite countertops, Stainless steel appliances. The master suite is down and offers a huge walk-in closest, large master bath with travertine floors. Large secondary bedrooms. Enjoy the large backyard perfect for entertaining.

Silicon Hills the new generation for Austin

Dell Dell

Dell, IBM, Apple, and Google, Some of the largest names in their industry, and where are they all located? Right here in Austin, Texas. The proclaimed city of the new generation, for jobs such as these sure has made the image of North for this City, just like Silicon Valley but without the fast paced, high volume status. Not to mention, Austin is now the new home to Google Fiber, the newest product that will change the future forever. Not only does this city have the future looking quite well, Silicon Hills was not only recognized by businesses, tech companies alike, this will most surely change the Convention Center, Airports, and south by southwest for the better. Dell is known for slogan “Happy people work better” what a fit for a city also known for its “weirdness” with its freedom to express and impress unique and different types of characters here in Austin. Companies that want good images, develop by good people, what other place could have better people than Austin people.