07 October

South Austin New Construction

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


Hello all,

I want to tell you about a small community of new homes in 78704 being built by Milestone Community Builders.  The community, Silver Leaf Villas, is located on Del Curto just east of Lamar, and will consist of twelve homes starting in the upper $200′s.  There are two floor plans being built, the Sienna, a 1617 square foot two story home and the Capri, a 1329 square foot one story home.  There are options and upgrades available on both of these plans.  There will be six shared walls within this twelve home community due to zoning however, each home will be individually owned.  Full lawn maintenance is included in the HOA!  This is your chance to own an affordable, new home in the sought after, 78704 South Austin zip code.  You will be a stones throw from a myriad popular South Austin and Downtown stores, entertainment, and restaurants!  Children in this community can attend Zilker Elementary, O Henry Middle, and Austin High School.  Please contact me for more information on this community or to schedule an appointment.

 
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29 September

South Austin Open House

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


Greetings all,

I would love to meet you this Sunday between 1:00 and 5:00 PM at 2103 Oxford Ave 78704.  This incredible South Austin home is being offered for sale by Sara Lahmers of Austin City Living for $699,900.  With great attention to detail and high end finishes, this is new construction at it’s finest!  I’m not going to clutter this post with a wordy description about this one of a kind, South Austin gem, you need to come and see it for yourselves!  Please come visit my open house Sunday.

Please check out SouthAustinOpenHouse.com for more open house information updated weekly.

 
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29 September

New Austin Growth Bluepring - Statesman Article

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


Marty Toohey at the American Statesman wrote a good article about Imagine Austin’s new proposed 197 page comprehensive growth plan for Austin as it grows by more than 700,000 people over the next 30 years.  The plans calls for several urban clusters and more vertical and “shared-walls” developments, i.e. apartments, townhouses and duplexes.  Here is a link to the Statesman article on new Austin growth blueprint.

 
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07 September

South Austin Modern Home

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


Hello all,

I just previewed an incredible South Austin modern home last weekend, offered for sale by Don Sembra of Moreland Properties, listed at $771,000.  Tucked away on a cozy street in the Zilker/Barton Heights neighborhood, it is just steps away form Zilker Park/Barton Springs and all of the shops, restaurants, and entertainment this area has to offer!  Designed by Christy Seal and built in 2008 by Craig Parker, this modern home offers clean horizontal lines and a warm contemporary feel.  With polished concrete and quarter-swan oak floors the rooms are light, open, and airy.  The high end fixtures and appliances, along with the incredible landscaping, give this house the finishing touches that would make it a great place for you to call home!  Please contact me if you would like to arrange a viewing of this awesome, 3 bedroom 2.5 bathroom, South Austin Modern Home.

 
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01 September

Austin Mueller Announces Green HEB as Anchor Grocer

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


Austin Mueller’s stock rises with the announcement that HEB will be building a green flagship grocery store in the Austin Mueller neighborhood. Here is a link to the Austin Mueller press release.

 
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27 August

2002 Rue St. Tropez - Hot Austin Modern Home - Why has no one bought this awesome home yet?

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


The fact that no one has bought 2002 Rue de St. Tropez, Austin TX sort of bothers me. And it’s not even one of my listings! It bothers me because it is such a hot modern Austin home. I mean it is smoking hot. It was on the cover Dwell Magazine a few years back…like on the COVER.

Erik, the design-builder, built an amazing home in the Eanes ISD area of Westlake. It has wide open entertaining areas, Scandinavian inspired color palette, tons of custom steel, custom industrial glass and a ton of modern zing.  This home is steel construction too, not timber, no pine 2×4′s…steel and metal bones.  It’s close in, private, gated, in the best school district in central Texas (Eanes ISD), has a Lake Austin waterfront park, pool and boat dock, has a roof top with views, and on and on.

Erik nailed this Austin modern home…it’s currently offered for just $253/sf…in any other modern architecture loving city, this modern home would have been snapped up…so what’s up Austin modern home lovers?! Is it too modern for Austin? Please restore my faith in Austin as a hip, up-and-coming modern architectural trend-setter!!! :) Here is a link to 2002 Rue de St. Tropez listing (again, not listed by us.)
hot-austin-modern-home-for-sale
hot-austin-modern-home-for-sale-2002-rue-st-tropez

 
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13 August

Austin Modern Duplex Home 8 Beds Central Austin - $875,000

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


$219/sf for central Austin modern home with 8 beds and 8.5 baths. This is a non-condo-ized-duplex…you could condo-ize it if you wanted to make it 2 single family townhouse style condo-ized duplexes. (I know that maybe seems complicated…thanks City Of Austin zoning!!) This is a really cool central Austin property, very close to UT, great owner occupant property or investment property for a 1031 Exchange.  This is not on the MLS…owner has solid rental income so in no hurry.  Here is a link to more on this Austin modern home for sale

 
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04 August

Foreclosures in the Austin Market

Posted by Gary Thompson - Telephone: 512-799-3022, Email: gwthompson@soularsolutions.com


Foreclosures in the Austin real estate market have not been as much a part of our sales as has been seen in other parts of the country. This is simply because we did not see the rapid increase in prices during the high points of the previous up market so that we did not have the amount of decline in our home prices as seen in many other parts of the  country.  However, we do have a significant number of foreclosure properties available in most price ranges in the Austin area.  These properties require an educated approach though, in order to determine whether they are a good value or not.  Most often these properties are now bank owned because the first lien note to the original buyer became higher that what the property should be priced at in this present market.  In other words the property was not worth what the buyer owed such that it was not possible to sell the property as in a more normal market condition, and that is most likely the reason it became a foreclosure.  The banks now most often offer these properties at or above the mortgage amount owed on the property by the original buyer in an effort to avoid taking a loss on their balance sheet, which means the price may or may not be a good value.  If the mortgage amount owed on the property is too high compared to the other sales of similar properties in the same area of town the foreclosure sale may not be a good value, unless there are some unique qualities of the home and/or home site that offset the comparison.  Another factor to take in to consideration is the physical condition of the home and property. If there are a significant number of repairs or remodeling items that are required then obviously a higher priced resale in better condition, or even a new home in the same or nearby area may actually be a better value to the buyer.  This is why a good real estate professional should always ask the right questions in order to understand what the potential buyer really wants to make happen in our present real estate market.  One important question of course, is whether the home is to be a potential investment property or is it to be the buyer’s next home to live in for some time to come?  My point here is that serious potential buyers should not limit themselves in looking only at foreclosures in their search for a good value in a home.  Obviously, they should be a part of the consideration when looking at homes in a certain area, but in some cases there are often many excellent homes on the resale market, and in some cases even new homes that are priced at such a level as to be a better value than many of the foreclosure properties. Ultimately it is all about what the potential buyer really, really wants, and an experienced real estate professional can help put that into perspective as regards our current Austin real estate market.

 
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29 July

Austin Real Estate Market Sales Spike in July/August

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


I will back up that statement up with some data next month when things slow down a little, but if what our office is doing is an indicator of the broader Austin real estate market, then Austin is seeing a HUGE SPIKE in sales volume and closings in July and August.   This sales spike is much larger than what is typically seasonally expected. Judging from the phones ringing and email inquiries coming in it doesn’t seem to be slowing up just yet.

 
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29 July

Eanes ISD News: West Ridge Middle School No Longer Exemplary

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


Eanes ISD in Austin has always been The Texas School District that had every single school as exemplary schools.  Want the best ranked schools? Easy, just live in Eanes ISD.  Well, that just changed a little bit this week.  The new 2011 Texas Education Agency (TEA) school rankings are out and Eanes ISD is missing one of its trophies.  West Ridge Middle School is now ranked a second best “Recognized” down a notch from “Exemplary”.  

But don’t get too worked up, West Ridge Middle School is a superb middle school still, it just lost some points in testing this year.  My guess is that they will be back to Exemplary very soon!

Austin neighborhoods that attend West Ridge are mostly west of 360 Capital of Texas Highway.  You can see all the Austin school rankings and Eanes school rankings for TEA 2011 test results here.

Here is a link if you are interested in Eanes ISD real estate for sale or lease.  There is also an Eanes ISD map of school locations here.

 
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