15 May

Agave Austin in Full Swing

Posted by Dave Cothran - Telephone: 512-964-6441, Email: dave@austinmodernliving.com


Good evening all,

I am excited to report that new construction in the Agave neighborhood of East Austin, is in full swing!  In Town Homes, out of Houston, will be finishing out this great east side neighborhood over the next few years.  They are currently building in the middle of the neighborhood on Seville and Pinion Vista, and will be systematically working their way through all of the vacant lots.  This is a great time to buy your new home in Agave, at a great value!  In Town’s first round of pricing is coming in well below the average price per square foot of resales in the neighborhood.  As they continue with development, there will be scheduled price increases.  I would love to help you make Agave your new home, please feel free to contact me for more information!Agave image

 

 

 
Read More

0 comments

 
 
08 May

US Home Improvement Industry At A Glance

Posted by Tom Bates - Telephone: 512-413-0870, Email: tom@austinmodernliving.com


Click the image to enlarge
Us home improvement industry at a glance
 
Read More

0 comments

 
 
15 April

Spectacular Travis Height Modern 2000 Kenwood Ave

Posted by Dave Cothran - Telephone: 512-964-6441, Email: dave@austinmodernliving.com


Good morning all,

It’s spring time in Austin, the Travis Heights neighborhood is in full bloom, and the zoysia grass, trees, and greenery at 2000 Kenwood Ave are no exception!  Now is the time to make this wonderful house your new home!  Click this link, 2000 Kenwood, for more information about this awesome property!  It’s getting warmer in Austin, but this yard provides tons of afternoon and evening shade, and the current owners love to spend time outside.  Don’t get the idea that when you go inside, the trees are lost, the architect thoughtfully placed the Jeld Wen casement windows throughout the home, to frame the natural beauty outside!   Need to really cool off?  2000 Kenwood Ave. is .3 miles from the popular, Big Stacy Pool at 800 E Live Oak.  If that’s not enough, we have confirmed with Peter at Cody Pools, there is room to build your own pool on the property!  Please feel free to contact me to schedule a showing, or let your Realtor know.

Thanks for looking!

Dave

2000 Kenwood Ave-MLS_Size-005-Exterior Front 153-1024x768-72dpi

 
Read More

0 comments

 
 
22 March

Open House Travis Heights Modern 78704

Posted by Dave Cothran - Telephone: 512-964-6441, Email: dave@austinmodernliving.com


2000 Kenwood Ave-MLS_Size-003-Exterior Front 151-1024x768-72dpi

 

Hi everyone,

What a beautiful day in Austin TX!  As SXSW winds to a close, if you are out and about in South Austin today, stop by 2000 Kenwood Ave between noon and 4:00 for my open house.  This is an amazing custom, modern contemporary house in the super hot, Travis Heights neighborhood.  Go to 2000kenwoodave.com for more details!

 

2000 Kenwood Ave-MLS_Size-012-Family and Kitchen and Dining-1024x768-72dpi 2000 Kenwood Ave-MLS_Size-009-Family and Kitchen and Dining-1024x768-72dpi

 
Read More

0 comments

 
 
17 March

New Listing in Barton Hills - 78704

Posted by Scott Parris - Telephone: 512-698-7202, Email: scott@austinmodernliving.com


Going  on the market this weekend…

Address: 2807 Oak Park Dr.  78704

Price: $659,000 / 3 Beds / 2 Baths / 1,596 SF

Beautiful home in Barton Hills.  Meticulously landscaped front and back yard with an expansive 8 Ft privacy fence.  An above ground jacuzzi sits under a pergola, with over 250 SF of decked outdoor living space; great for summer entertaining.  Fully remodeled kitchen in summer of 2014 with stainless steel appliances.  Master bath features a jetted tub and walk-in shower.  Hardwood flooring in living areas. Carpet in bedrooms.  All rooms have recessed lighting and Baldwin door handles throughout the home.

OP1 OP4 OP9 OP18 OP20 OP22 OP25 OP39

 

 
Read More

0 comments

 
 
14 March

Travis Heights Open House, Modern South Austin 78704

Posted by Dave Cothran - Telephone: 512-964-6441, Email: dave@austinmodernliving.com


2000 Kenwood Ave-MLS_Size-005-Exterior Front 153-1024x768-72dpi

Good morning all,

Come and see “The Pine House” today between 12:00, and 4:00 pm!  I am holding an open house at this wonderful, Travis Heights custom modern contemporary home by Faye and Walker Architecture.  Constructed in 2012, the home has built in natural pine accents, and storage throughout!  The house features doors, including the sliding wall, by Western Window Systems, and windows by Jeld-WenAustin Wood Works built and installed all cabinetry and wardrobe/closets.  Go to 2000kenwoodave.com, for more information, and a virtual property tour, and go to southaustinopenhouse.com for an open house schedule.  If you can’t make it to my open house, please feel free to contact me for a showing.

 

See you this afternoon!

2000 Kenwood Ave-MLS_Size-039-Rear Exterior 214-1024x768-72dpi 2000 Kenwood Ave-MLS_Size-009-Family and Kitchen and Dining-1024x768-72dpi 2000 Kenwood Ave-MLS_Size-012-Family and Kitchen and Dining-1024x768-72dpi 2000 Kenwood Ave-MLS_Size-023-Look Down 012-1024x768-72dpi 2000 Kenwood Ave-MLS_Size-024-Master 248-1024x768-72dpi

 

 
Read More

0 comments

 
 
16 February

5th & West, New Downtown Austin Condo High Rise

Posted by Dave Cothran - Telephone: 512-964-6441, Email: dave@austinmodernliving.com


Hi All,

I want to pass along some information on one of Austin’s newest downtown high rise condo developments, 5th & West.  Located at 501 West Ave, 5th & West will rise 39 stories, 448 feet into the Austin skyline, and offer 154 residential units for sale.  Pricing looks to start in the low to mid $400′s and go upwards of $2 million, with an average price per square foot in the $740 range. Delivery of the completed units is expected in the Fall of 2017, and even two and a half years out, they are approaching 50% reserved.  You can reserve your unit today with a $5,000 deposit for homes under $1 million, and $10,000 for homes over $1 million.  The structure will sit on the Northeast corner of 5th St. and West Ave, and was designed Texas-based architecture firm Gromatzky Dupree & Associates.  The building will be a triangular tower, with the longest plane on the southeast side so as to manage the Capital View Corridor that crosses the site diagonally.  Interior common spaces have been designed by local architect, Michael Hsu, whose work can be seen all over Austin, in commercial and residential spaces.  The developer states, “Residents will inhabit a meditative space laden in rich texture and innovative homages to iconic Austin culture. Fifth & West is about unexpected novelties throughout – a heightened experience driven by authenticity”.

Here is a list of amenities residents at 5th & West will enjoy:

  • 24-HOUR CONCIERGE SERVICE
  • MULTIPLE CONFERENCE SPACES, TV PROJECTION AND TELECONFERENCING AVAILABLE
  • CHEF’S KITCHEN WITH DINING VENUE
  • BEAUTIFULLY LANDSCAPED LOUNGE SEATING ON PATIO
  • TWO FULLY-FURNISHED GUEST SUITES
  • STATE-OF-THE-ART FITNESS FACILITY
  • YOGA STUDIO
  • ENTERTAINMENT ROOM WITH INDOOR/OUTDOOR CAPABILITY
  • CITYSCAPE POOL WITH WET DECK
  • INTIMATE OUTDOOR LOUNGE WITH GOURMET KITCHEN
  • LARGE POOL-LEVEL LOUNGE AND GATHERING SPACES
  • CONTROLLED ACCESS STRUCTURED PARKING
  • DOG PARK AND GROOMING FACILITY WITH CONDITIONED OWNERS LOUNGE AND COFFEE BAR
  • BIKE STORAGE AVAILABLE
  • PRIVATE STORAGE AVAILABLE

Located just west of the Central Business District Downtown, 5th & West sits convenient to a host of Austin’s best restaurants, entertainment, shopping, and iconic outdoor hotspots!  Some of these include; Whole Foods Market, The ACL Moody Theater, Austin Music Hall, Auditorium Shores, Zilker Park, Barton Springs Pool, Ladybird Lake hike and bike trails, and the SoCo and SoLa districts, just to name a few.

Please feel free to contact me if you have any questions about this, or any other Austin properties.  I would love to help you purchase your next home here in Austin this year!

5th & West 1 5th & West 2 5th & West 5 5th & West 6 5th & West 7 5th& West 3 5th& West4

 
Read More

0 comments

 
 
13 January

South Austin Modern Home For Sale in Bouldin 212 W. Live Oak St

Posted by Tom Bates - Telephone: 512-413-0870, Email: tom@austinmodernliving.com


South Austin Modern Home for Sale in 78704

$1,299,000

Come check out our new listing at 212 W. Live Oak St

Here is a link to the listing: south Austin modern home for sale 78704

 

212 W. Live Oak St South Austin Modern Home for Sale 78704

212 W. Live Oak St South Austin Modern Home for Sale 78704

212 W Live Oak St-MLS_Size-025-Kitchen and Breakfast 08-1024x768-72dpi 212 W Live Oak St-MLS_Size-033-Other Bath 02-1024x768-72dpi

 
Read More

0 comments

 
 
11 September

Austin price appreciation and Killeen cash flow

Posted by mike - Telephone: (415) 412-6227, Email: mike@austinmodernliving.com


There are multiple ways to make money in real estate – two examples being 1) price appreciation, and 2) cash flow.

Price appreciation is the buy low, sell high philosophy, and in hot markets gains can be realized relatively quickly.  Multiple factors are involved in this strategy – location, re-development, population growth, road expansions, etc., and it can be a speculative investment.  For a home that is a personal residence, this can be a great way to generate a return on an investment.  For a rental property, in some situations the prices are higher than the rents, making carrying costs high and the final sales price the sole source of the potential return.  While a risky strategy, many have generated gains using this approach.  At times significant gain can be achieved in a relatively short period of time, but there is also a risk of substantial loss if the market shifts, and minimal returns in flat market.  Factors outside of the investors control have a greater impact on the return on investment.

Investing with a cash flow strategy is all about leasing property out for more than the carrying costs – the money left over at the end of the day.  This is a more fundamental approach to investing and is less subject to wild fluctuations in the market.  Investors with this philosophy may hold for the long-term, or even a lifetime with the right economics, and so the final sale price may be less of a consideration.  This is often a get-rich slow approach with a longer time horizon.  Factors within the investor’s control have a greater impact.

In the best case scenario, an investor will have strong cash flow and also experience significant price appreciation.  We have seen the Ft. Hood / Killeen market as a good candidate for cash flow investors, due to the relatively low cost of housing and the high number of renters due to the presence of the largest U.S. army base.  With the frequent moves of army life a consideration, even highly qualified buyers are often better served renting than owning due to transaction costs of buying and selling.  And with BAH pay (housing allowance) for military in addition to wages, this is a market ripe for investors looking to serve this large pool of renters.

With Austin being rated as one of the cities with the strongest economics, and just a great city to live in that is drawing many folks to move into town, the city has already experienced significant price appreciation over the last couple of years.  And with continued development especially near downtown and the surrounding areas, many are betting on prices to rise as well.

So there are plenty of opportunities for both types of investors here in Central Texas.  Our most recent investment is at 1410 Farhills Drive in Killeen.  It’s a VA foreclosure close to Ft. Hood.  As we update this property and get it ready for leasing, we’ll keep you updated on our experience.

 
Read More

0 comments

 
 
23 August

Eanes ISD 2013-2014 School District Information and Accountability Ratings

Posted by Tom Bates - Telephone: 512-413-0870, Email: tom@austinmodernliving.com


Eanes-ISD-2013-2014-school-district-information-and-accountability-ratings

Eanes ISD 2013-2014 School District Information and Accountability

Here is a link to Gracy Title’s Eanes ISD summary for Eanes ISD 2013-2014 School District Information & Eanes Accountability Ratings

And here is a link to Eanes ISD 2014-2015 School Year Calendar

Eanes ISD of course is still the top overall school district in the Austin area.  I am looking forward to The Chaps winning some Friday night football this year…Go Chaps!  Here is a link to the Westlake Chaps football website where you can see the football schedule and buy tickets.

Regarding Eanes ISD real estate, inventory is still at an all time low for Eanes, Westlake and Rollingwood with inventory well under 1 month supply in many (most) Eanes neighborhoods.  I have been pretty active in Westlake real estate this year with deals and we are still seeing the good homes get well over bid.  The not so good homes (the wonky ones that come in over mid comp ranges, ie overpriced) are still not moving, so even though the Eanes ISD real estate market is iron red hot, you still have to price right to sell.  For instance, I am noticing that a lot of the Westlake homes that really should be priced at lot value are trying to get lot value plus home value, but the market just isn’t quite that crazy yet and I don’t think it will get to that (silicon valley) level.

There is definitely a pattern in Eanes real estate, the sellers who are pricing their homes in a comp supportive PPSF and not getting too greedy tend to get multiple offers that will push up their contract prices to a nice level, and the greedy Eanes sellers who are clearly trying to take advantage of the low inventory and pricing sky high are often left wondering where all the buyers are and having to drop prices after the first couple of weeks.  But that’s just what I have noticed.  Oh, and there are some cool modern homes out there for sale, not on MLS, so give me a call and we can discuss.  Tom 512-413-0870

 
Read More

0 comments