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


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

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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.

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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

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

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09 July

Cedar Park Buttercup Creek Home for Sale Westside Preserve

Posted by Dave Cothran - Telephone: 111-222-3333, Email: nobody@example.com

Good afternoon everyone!

If you are looking for a new home in the Cedar Park area, I have just the one!  It is a 3 bedroom, 2 bath + study, in the Westside Preserve neighborhood of Buttercup Creek!  This bright and open plan David Weekley home was built in 2013, and has been very well taken care of!  See David Weekley’s website, for more information on their energy efficient, standard features.  The homeowner also opted for many builder upgrades including; tile flooring, upgraded kitchen cupboards, double ovens, crown molding, plantation shutters, and more.  The homeowner also installed a water softener, top of the line Craftsman garage door opener with backup power, and a Rustoleum garage floor coating!  The home is listed for $349,000, contact me for a showing, or ask your REALTOR to set op a tour today!  It will be hard for David Weekley to get below $360,000 in this neighborhood, and with all of the builder and seller upgrades, this is a great deal!


Thanks for looking!

Dave Cothranfront01Gaspar Bend Pic 3kitchen01living04living02

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07 May

Austin Lives For Live Music

Posted by carrie-rietti-realtor - Telephone: 512-584-6839, Email: carrie@austinmodernliving.com

Summer is right around the corner and, if you ask any Austin native, (or newbie!) they will say that it is just not complete until you crack open that cool beverage and take in some live tunes.  As your Austin real estate and area expert it is my duty, and pleasure, to keep you abreast of live music events so this summer can be the best one yet! 

KGSR sponsored Blues On The Green 

This is a summer concert series in Zilker Park that is widely looked forward to by locals young and old.  The music starts at 8pm and it’s a chance to listen to big-name and up-and-coming bands for free.  The lineup and dates are as follows (get these on your calender and get there early to snag a spot by the stage):

JULY 23 ACL Festival Preview:


Austin City Limits 

This indoor venue is one of my favorites.  No matter if you are standing on the floor, or sitting in one of the balcony tiers, you will be close to the band.  The acoustics are superb and it is nestled in the heart of second street where there is no shortage of good restaurants to eat at so you can “make a night of it”.  Check out some upcoming shows here.  Some highlights for me are:




This outdoor venue (there is a small indoor concert space and restaurant as well)  has been a great spot to catch some big name artists traveling through since the mid-eightes.

Buy tickets and see complete listing of furture shows here



For other music venues and their lineups click on, and check out, these great venues and events:

Pachanga Latino Musical Festival



Elephant Room

The Continental Club


You could honestly go to a different concert every week in this great city.  It’s no wonder that the current official slogan promotes Austin as “The Live Music Capital of the World”.  Put these events on your calender, buy tickets early, grab your family and friends and have an evening to remember.

As always, I am happy to be your Austin real estate and area expert!



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22 April

Should You Buy a Fixer-Upper in Austin Texas?

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

Fixer-Upper in Austin Texas

Funny enough to post, I guess.  Let us know if we can help you buy a fixer-upper in Austin.  Ask one of our agents to print you out a list of current Austin foreclosures and distress sales!

should I buy a fixer-upper in austin

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18 April

Austin Apartment Market Data March 2014

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

O’Conner & Associates updated Austin apartment market data shows continued strong growth for the Austin apartment segment.  Austin currently has 9,657 Austin apartment units under construction (33 apartment projects!) and 1,862 Austin apartment units in the planning stage.  This strong Austin apartment rental market along with low Austin new construction homes coming on the market means that the Austin real estate market will probably continue to feel an inventory and price squeeze for the next few years at least.

Data is from O’Conner & Associates dated March 2014Austin apartment market data March 2014

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05 April

Buttercup Creek David Weekley Home For Sale Cedar Park TX

Posted by Dave Cothran - Telephone: 111-222-3333, Email: nobody@example.com

Good evening all,

Offered for $359,900, I am posting about my listing at 214 Gaspar Bend, this home was built last year by David Weekley for my clients!  It is the “Laird” floor plan, and is the only one of it’s kind in Buttercup Creek.  This home site backs to one of the many nature preserve greenbelts in the community which will never be developed.  The home has three bedrooms, two bathrooms, a study, dining room, and two living areas.  There are many builder upgrades including tile, kitchen cupboards (soft close on all doors and drawers), tile surround in master bath, bay window in master bedroom, and cat 5 wiring.  The seller installed a top of the line, Craftsman garage door opener with back up power, a water softener, and a Rustoleum garage floor coating.  Come see this great home today, contact me for showing information, or ask your realtor to bring you ASAP!


Davefront01 kitchen01 living02 living04

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06 March

Downtown Seaholm Powerplant Renovation is almost complete!

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

The first phase of the redevelopment of the old Seaholm Power Plant in downtown Austin will soon be completed.   Businesses like Aethena Health and a new restaurant called Boiler Nine Bar + Grill will be leasing out space.   There is also going to be a new public library along with 280 private condominiums  scheduled to be built.    Send me an email at scott@austinmodernliving.com if you would like more information about this project.

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30 January

Coming Soon in Allandale, Brentwood, Crestview and Tarrytown

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

Inventory in certain neighborhoods in Central Austin is at an all time low right now.  Some areas of town have less than 1 month of inventory for sale!   (The norm is typically around 3-4 months of inventory).    As you can imagine, many of the new properties are going under contract before they even hit the MLS.    I have been working with several builders and investors this year and scouring the area for new properties, before they hit the market in order for my clients to be one step ahead of all the other buyers.   Below are just 4 of the houses that I know of that will be coming available for sale in the next 2-3 months, but are still under construction and have not yet hit the market.  Call me if you want to discuss some of these upcoming central Austin properties. Scott Parris 512-698-7202.

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