Austin Neighborhoods

23 August

Eanes ISD 2013-2014 School District Information and Accountability Ratings

Posted by Tom Bates

 

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

 
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27 October

East Austin Revitalization Plan – East Riverside Make-Over Plan

Posted by Tom Bates

 

Juan Castillo at the Austin Statesman just published an article on Austin’s newest plan to re-vamp the east Austin corridor along East Riverside Drive.  The concept is to take the crumbling corridor and bring it up to speed…make the rest of Austin proud.  East Riverside has so much potential from a location perspective: it’s closer to the F1 track, it has it’s own section of Lake Austin that could be every bit as popular as Lady Bird Lake and it’s directly in between the airport and downtown.  I can easily envision a boulevard-style tree lined East Riverside with boutique hotels, shops and restaurants that out-hip even South Congress….but first will need to bring in a couple bull-dozers.

Already this East Austin area is popular from a real estate perspective because it is far less expensive (than south Austin) and just as close to downtown Austin.  We can expect to see that trend boom over the next decade, with areas like “Travis Heights East” becoming more and more popular (I did not make up that neighborhood name!).

Here is a link to the Austin-Statesman article about the new East Austin – East Riverside Plan.  And here is a link to our East Austin open house schedule that we update every weekend.East Austin Plan - East Riverside

 
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01 September

Austin Mueller Announces Green HEB as Anchor Grocer

Posted by Tom Bates

 

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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