The Addie at Westlake is under construction in West Lake Hills. (Courtesy Legacy Communities)

A new residential community, The Addie at Westlake, is under development at 800 N. Capital of Texas Hwy., Austin.

Legacy Communities, a residential real estate development company, broke ground Jan. 27 on the new community, which will feature 12 townhomes and 34 single-family homes, according to Marketing Director Ashley Rust said.

The Addie at Westlake received early interest from buyers and is nearly sold out just a week after kicking off construction. Rust said as of Feb. 4, only nine homes remain available, with prices starting at $1.5 million.

Legacy Communities anticipates the first home to be completed in early 2022, according to Rust, who said the architecture will feature a modern-European style with two- to three-story floor plans…

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2020 was a year of record-breaking real estate sales in the Austin-Round Rock Metropolitan Statistical Area. Despite a temporary lag caused by the coronavirus pandemic, the demand for housing reached an all-time high.

This is according to the Austin Board of Realtor’s December 2020 and year-end Central Texas housing report released Jan. 21, which reflected a record-breaking 40,165 homes sold last year.

“This is a historical and unprecedented time for our housing market,” 2021 ABoR President Susan Horton said. "The pandemic only increased demand for all types of housing across the region, pushing inventory to near-zero levels."

Residential home sales rose by 16.2% year over year in December alone as the median sale price increased by 15.8%, a record for…

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StoryBuilt's latest project: $50M housing development just south of Mueller

A developer is gearing up to build 80 townhomes and 36 single-family homes in Central East Austin, where new housing is proliferating.

The 116-home, $50 million development is planned at 2211 E. M. Franklin Ave. — between Martin Luther King Jr. Blvd. and Manor Rd., just west of the municipal Morris Williams Golf Course — by Austin-based residential and commercial developer StoryBuilt and will be called George.

Construction has not yet started. The developer said homes will start to come online in the fourth quarter of this year. All residences would be completed by late 2022.

In addition to the 80 two-story townhomes and flats and 36 single-family homes, there will be expansive green space and a community pool. George is the name…

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