Tag Archives: Austin Real Estate Market

6607 Clubway Lane Open Today 1 – 4

Posted on by

6607 Clubway Lane 78745

6607 Clubway Lane located in South Austin, is a single story home in the 78745. 6607 Clubway features fresh paint on the interior and exterior, newer dual-pane windows with screens and hard tile floors. The carpet in the bedrooms has also been updated. Large master with space for sitting, exercise or even a desk. The master bath and kitchen range have been updated as well. 6607 ClubwayLane offers a fenced in yard and automatic sprinkler system. Sits on the corner of a cul-de-sac lot. 6607 Clubway Lane in 78745 is conveniently located for shopping, restaurants, parks and more.

6607 Clubway Lane in 78745

Sq. ft. 1,525 (tax record)
Bedrooms: 3
Baths: 2

List Price: $169,900

Visit me today, Sunday, February 12th from 1 – 4

Directions: Off William Cannon between South First & Manchaca. North on Woodhue to Armadillo. Turn Left on Armadillo. House is on the left corner of Armadillo & Clubway. (Second block off Woodhue)

5905 Paseo Del Toro Central Austin 78731

Posted on by

5909 Paseo Del Toro Austin Texas 78731

5905 Paseo Del Toro is a Central Austin beauty combines casual style with modern sophistication.  Ideal floor plan w/master suite & additional bedroom on main level – perfect for office or guests. Large eat-in kitchen w/stainless steel appliances.  

5905 Paseo Del Toro, Austin TX 78731 – see website for more information

5905 Paseo Del Toro features:  2 floor-to-ceiling Limestone stone fireplaces, built-ins, hardwood floors on first floor, crown molding, modern master bath with glass tile backsplash, glass cabinets in kitchen, wood blinds, ceiling fans in all rooms. Updated: HV/AC (SEER <14), Water Heater, Roof, Lighting, Convection Oven range. 

5905 Paseo Del Toro Austin, TX 78731 link on You Tube

Location:  Highland Hills / Northwest Hills Area, commuters dream – easy access to downtown, lake, eateries, daycare, cleaners, hike & bike trails and dog parks.  No HOA!

Year Built:  1980

Bedrooms:  4 (master and additional bedroom on main)

Baths:  2.5

Square Footage:  2,127 sq. ft. (per appraiser)

Exterior:  Front Porch, 3-sides masonry, nice backyard deck

List Price:  $399,999

So you want to buy a house

Posted on by

I was pricing a house for a new listing this week and was encouraged when I discovered there were no active properties for sale. When I pulled the Austin real estate MLS data, everything was pending and many were on the market for less than 10 days. I have mentioned before that inventory is low and in some areas and even condo communities — it is nonexistent. The laws of supply and demand are going to translate to higher sales prices in the near future – due to the low inventory. I cannot stress enough the importance of talking to lender before you look at anything in person. You can be in great financial shape with no debt and a good job and still not get a loan these days. Most people have no idea what their credit score is or what is on their credit report.

It’s a great idea to talk to a lender even if you aren’t planning on purchasing a home for a year or two. Sometimes, things appear on a credit report that should not be on there, like a college loan that was paid off years ago. Understand, the challenge often with a credit report is not in releasing the lien — it’s about waiting for that line item to not appear on your credit report anymore which will raise your credit score. It can take 3 to 6 months at minimum for the debt to no longer appear on a credit report, so I encourage everyone to know your number even if you aren’t buying a house anytime soon.

Austin Real Estate Market

The Austin Texas Real Estate Market is strong and will remain strong with mortgage rates in record lows. If you are thinking of selling, I encourage you to talk to me about your local inventory, because after all markets are local. 2009 may not have been your year to sell, but 2012 may very well be.

South Austin Open House

Posted on by

  8108 Manassas Drive is located in South Austin’s 78745 zip code.  8108 Manassas Drive  is a single story, all brick home located in the Shiloh subdivision.  Originally built in 1977, the well maintained home features a 2-car garage, 3 bedrooms and 2 baths.  Updates include HV/AC ,  insulation as well as a dishwasher and microwave.   8108 Manassas Drive offers 1,576 feet of living space per the tax record.  The property has trees for shade.  The list price of 8108 Manassas Drive is $179,000.

Visit me on Sunday, January 29th from 1 – 4 pm.

Directions:  South of William Cannon on Manchaca Rd to Right (West) on Shiloh. Second Right onto Manassas Drive . 8108 Manassas Drive is the second house on the left.

Subdivisions by the Numbers

Posted on by

How many Austin homes are for sale in a subdivision near you?  What are the median list prices?  Let’s explore some random Austin subdivisions look at the numbers.  Note these numbers are by specific subdivision name, not by area. There may be more homes available nearby.  When buyers are looking in a general area, like Tarrytown or Travis Heights, I typically set up a map search.  Older neighborhoods are made up of many micro-subdivisions as the land was and is developed.  The subdivision list below is random.  It will give you an overall idea of what to expect in terms of available inventory.  If there is a particular subdivision or neighborhood you would like me to highlight in the future, please ask.

Austin Market Data

Crestview
Number of homes for sale                       13        
Median List Price                                   $264,900          
Where in Austin?                                   Central

Rob Roy on theLake
Number of homes for sale                       6         
Median List Price                                   $2,924,500       
Where in Austin?                                   West

Tarrytown
Number of homes for sale                       7         
Median List Price                                   $789,000
Where in Austin?                                   Central

Legend Oaks
Number of homes for sale                       9
Median List Price                                   $259,900
Where in Austin?                                   Southwest

Shady Hollow
Number of homes for sale                       9
Median List Price                                   $304,990
Where in Austin?                                   Southwest

Senna Hills
Number of homes for sale                       4         
Median List Price                                   $532,188          
Where in Austin?                                   West

Great Hills
Number of homes for sale                       11
Median List Price                                   $525,000
Where in Austin?                                   Northwest

Highland Park
Number of homes for sale                       11
Median List Price                                   $589,000
Where in Austin?                                   Central

Jester Estates
Number of homes for sale                       7
Median List Price                                   $457,000
Where in Austin?                                   Northwest

Mueller
Number of homes for sale                       6
Median List Price                                   $746,716
Where in Austin?                                    East

Crossing at Onion Creek
Number of homes for sale                       11
Median List Price                                   $160,000
Where in Austin?                                    Southeast

 

 

Condo Home Styles

Posted on by

Happy 2012!  I have been showing condos, single family homes and duplexes from Buda to Round Rock. Think you can tell a fee simple house from a condo? Think again. The perception is that you can tell a single-family house or duplex from a condo just by looking at it. Truth be told, there is nothing about the style of a house that dictates its classification.

How a house is classified is determined by whether the land the residence sits on is fee-simple or undivided. If the parcel is undivided, then the structure is in a condominium regime which gives owners partial interest in the land. When a residence is fee-simple the owner has owns absolute title to the land and structure. In a condominium regime, you own the space the unit occupies and only own a partial interest in the common land surrounding the property.

Austin Condominium regimes can come in garden home, townhouses, single family, duplexes and apartment designs. Many have backyards, which can make it impossible to tell by looking, how the property is classified. Fee simple properties are available in the same styles, with the exception of towers. Some people don’t want to live in a condominium regime because they feel too restricted in how they can utilize their backyards. Understand fee-simple home owners still need to abide by city, deed and zoning restrictions. Fee-simple home owners can also be restricted through their home owners associations. Condominium regimes will often let homeowners improve property with patios and other outdoor improvements as long as they get permission first and comply with certain aesthetic guidelines. People are not always as limited as they think they will be.

I searched Austin MLS listings and selected some active properties so show examples of home styles that are classified as condominiums. Click the link here to see the condos

 

Austin Housing Trends

Posted on by

Shiloh Austin, TXHow does Austin stack up?

Click the link below which will take you to a document with national real estate and local Austin housing information that you may find useful whether you’re in the market for a home, thinking about selling your home, or just interested in homeowner issues in general.

Austin Housing Trends

The report includes results comparing the Austin real estate market to the rest of the United States. Mortgage data, employment findings, building permit numbers and pricing trends are posted.

Austin Housing Inventory