Austin Real Estate News
Flintrock Falls - Real Estate Stats

Flintrock Falls of Lakeway - home of the 2002 and 2006 Showcase of Homes, offers luxury golf course living within a gated community.  Home sales in Flintrock slowed down during the Fall and Winter months of 2006 but they've gained some momentum here recently as the community builders have been able to finish off those million dollar projects.

There are currently 33 homes for sale in Flintrock Falls at an average price of of $222 per sq ft.  These include both interior and golf course lots.  There have been 8 properties that have sold in the last 4 months with the average price being $213 per sq ft or $781k.    We've also got another 5 properties that have flipped pending recently so as you can see, the sales figures will double here most likely in the next 30 days.

One property I would like to point out inparticular is this 1 story home that backs up to green on hole #13 on Neville Wood Court. This home is 3700 sq ft and actually has 2 master bedrooms.  If you would like more information regarding this property please visit our Flintrock Falls Featured Homes page or call us at 512-394-9477 to set up a showing.

 
Circle C - Austin Real Estate Stats

Search Circle C Homes for Sale Now! 

Circle C Ranch and it's various subdivisions are well known for being the best master planned community in Southwest Austin offering homes ranging in price from $220k to over $500k. With the recent completion of Circle C West and Muirfield at Circle C as well as the start of the Meridian development - Circle C continues to grow and offer new home options with ease of access to Mopac and a great school system. 

There are currently 57 properties for sale in the various Circle C Communities at an average price of $125 a sq ft.  The average days on market for these active homes has been 40 days.

11 properties in Circle C have recently flipped from Active to Pending, with contracts expected to close here shortly.  The average days on market for these properties was 27 days at an average sq ft price of $132 a sq ft.

In the last 3 months 75 properties have sold in Circle C at an average price of $124 per sq foot with an average days on market of 32 days.

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Village at Western Oaks

As mentioned in a previous post, Western Oaks and The Village at Western Oaks located between Convict Hill and Slaughter Lane, have been hot pieces of Austin Real Estate in the last year, having quite a bit to do with the construction of the new Escarpment Village Shopping Center that is home to such businesses as HEB, Starbucks, Bank of America, and Hollywood Video.

5944 Salcon Cliff Drive  JUST REDUCED - $249,900

 5944 salcon

 3 BD / 2.5 BA - 2100 Sq ft. Click Here - 6037911

 

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Hill Country Galleria - Austin Texas

Hill Country Galleria Mall in Austin Texas

The Hill Country Galleria Mall  is officially open as of the Fall of 2007.  It is expected to become the new shopping mecca of southwest Austin.  The project which includes retailers - Ann Taylor, Ann Taylor LOFT, Eddie Bauer, Talbots, Coldwater Creek, Dillard's, Barnes & Noble and a Cinemark Theatres offers a shopping experience much like that of "The Domain" in North Austin, with it's village type atmosphere.

Outside of the retail shops, the Galleria will also feature a 1.3-million-square-foot lifestyle center, which includes a 30,000-square-foot City Hall, as well as an amphitheater and multifamily housing.

This past February, Trammell Crow Residential broke ground on 50 brownstone condos and more than 300 apartments. Another 150,000 square feet of office space is located above the Galleria's stores.

Spanish Oaks Austin - Luxury Real Estate Near the Hill Country Galleria!

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Steiner Ranch Community Spotlight

Steiner Ranch of Austin Texas is a Taylor Woodrow master-planned community located 15 minutes west of downtown Austin, on the south shore of Lake Travis, and the north side of Lake Austin - just east of Mansfield dam.  Often referred to as the "Land Between the Lakes", the rugged hills yield wonderful panoramic views with more than 800 acres of nature preserve, including 12 miles of nature trails located within the community. Steiner Ranch's ease of access to both work and fun has made it one of Austin's most desired communities and is regarded as one of the best master planned communities year after year.

The first section of Steiner Ranch Austin began construction in 1988, and the development has continued strong through the 1990's and into the next millenium. Resale homes begin around the mid $250's, and new homes begin in the low $300's with a bulk of the new construction beginning in the $400s. There are also several custom home neighborhoods within Steiner Ranch that consist of million dollar homesites. Sierra Vista, Bellagio Estates, The Legends at the UT Golf Club, Cliffside and Eagles Glen all provide incredible Hill Country Views within private gated communities. If you're looking to buy Austin Real Estate, Steiner Ranch is a great place to start.

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Austin Texas Real Estate - A Great Investment

Economist: National real estate attention focused on Texas

Austin Business Journal - Thursday, April 12, 2007

Dealing in residential real estate in Austin? You are better off than you would be elsewhere around the country, according to a state economist. Texas continues to buck the trend of declining home sales that is sweeping the nation, aided by factors from net population growth to affordability, says Mark Dotzour, chief economist at the Real Estate Center at Texas A&M University. He says national attention is being focused on Texas as markets decline elsewhere around the United States. Austin Real Estate is further ahead of other Texas cities, with a very modest 3.2 months inventory of unsold homes, making it one of the tightest markets in the country. Still, recent figures show a slowdown in building permit activity in Austin, Dallas and San Antonio. Texas housing is still very affordable, Dotzour says, and the low tax structure and pro-business climate makes Texas a destination for corporate relocation for firms that are striving to compete in the global marketplace.

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