Luxe Austin Homes

"Icon to print homes in new luxury neighborhood west of Austin"

Austin Business Journal shares, "Icon Technology Inc. is bringing five of its 3D-printed homes to a new luxury resort neighborhood on the shores of the Colorado River.

The homes will be built in The Canyon Club community, a 60-acre project being built north of Spicewood at 122 Shoreline Road, according to an announcement. In addition to Icon’s homes, 20 traditionally built homes are planned for the project as well.

The Canyon Club is being developed by Prasso Ventures, which has been behind luxury neighborhoods in Arizona, Colorado and Washington.

Icon’s five homes in The Canyon Club will be 3,400 square feet.

The Icon homes will be available for fractional purchase starting in the low-$400,000 range per share. Shared ownership of the…

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"Real estate agents see shift in priorities within housing-market decisions"

Austin Business Journal shares, "A substantial number of real estate agents believe climate change is affecting homebuyer decisions, and the impact is getting stronger in certain parts of the country.

Among real estate agents surveyed in real estate firm Redfin Corp.'s 2025 Industry Survey, 39% of the respondents said they believe climate change is impacting to at least some degree consumer choices about where to live and what homes to buy. That total included 13.2% who “completely agree” that climate change was impacting choices, and 25.8% who “somewhat agree.”

The 39% total is more than the 35.8% who "somewhat disagree" or "completely disagree." The balance of the respondents did not offer an opinion on the topic.

The number of respondents…

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"Post-pandemic effects on housing market still linger across Travis County"

Community Impact writes, "This year’s appraisal valuations from the Travis Central Appraisal District show that single-family residences experienced an average 3.4% decline in market value compared to last year.

However, the median market value for a residential homestead in Travis County is still up 46%, or $163,841, since pre-pandemic levels in 2019.

The big picture

Beginning April 9, more than 488,000 Travis County property owners received their appraisal notices by mail. The notices include the market value assigned to a property as of Jan. 1, as well as the taxable value of that property based on its exemptions.

“Property owners can review their 2025 values on our website and should expect to receive their notices of appraised value over the next…

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"Mortgage Interest Rates April 17, 2025: Mortgage Rates Swing Up After Bond Sell-Off"

Realtor.com writes, "Mortgage rates swung up on Thursday compared to the previous week, inching toward the dreaded 7% level, following the recent surge in 10-year-Treasury yields driven by investor concerns about escalating global trade tensions. 

The average rate on 30-year fixed home loans increased to 6.83% for the week ending April 17, up from 6.62% the previous week, according to Freddie Mac. It is the largest one-week increase in 12 months. Rates average 7.1% the same week in 2024. 

"The 30-year fixed-rate mortgage ticked up but remains below the 7% threshold for the thirteenth consecutive week," says Sam Khater, Freddie Mac’s chief economist. "At this time last year, rates reached 7.1% while purchase application demand was 13% lower than…

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"The Coachella Effect! Home Prices in Festival Hot Spot Cities Have Nearly Doubled in Under 10 Years"

Realtor.com shares, "the country's biggest festivals have had a dramatic—and very positive—impact on the housing markets in towns and cities that host America's most popular events, from Coachella to Lollapalooza, new Realtor.com® data has revealed.

Every year, hundreds of thousands of visitors converge on places like Austin, TX; Indio, CA; and Park City, UT, with many opting to take advantage of short-term rentals (STR) for the duration of their stay, rather than hotels, which often have higher prices and fewer home comforts.

The influx of festivalgoers provides local homeowners with a lucrative opportunity to earn extra income by leasing their homes as STRs—a trend that has seen local house prices in many festival hot spots nearly double in…

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"March median home prices drop year over year in Cedar Park"

Community Impact shares, "The median home sale price in the Cedar Park and Far Northwest Austin areas declined slightly for March 2025 when compared to the previous year.

The median home price in March 2024 was about $530,233, compared to $500,000 in 2025. The number of new and active listings also increased, while the region showed a slight decline in closed sales and homes under contract.

The 78726 ZIP code in northwest Austin saw a steep decrease in the number of homes sold when compared to the same time in 2024. The region dropped by 55.56% year over year, dropping from nine houses sold in 2024 to only four in 2025. The 78641 ZIP code, encompassing parts of Cedar Park and Leander, also saw a decline, dropping 19.58%, while other ZIP codes showed…

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"Discover Austin’s best homes with The Grossman & Jones Group’s expert touch"

In the competitive Austin real estate market, The Grossman & Jones Group, Compass Real Estate stands out by delivering a client experience defined by expertise, integrity and results.

Led by Todd Grossman and Michelle Jones, the group’s commitment to excellence has earned them a strong reputation, a referral-driven business and recognition among the top real estate teams in the city.

“Buying or selling a home is one of life’s biggest financial and emotional decisions, and being able to guide people through that journey is truly fulfilling,” Jones said.

The company has built its success on three fundamental principles: listening and prioritizing, continuous learning, and building lasting relationships. Every client’s needs are carefully assessed to ensure a…

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"Air conditioning now mandatory in Austin homes"

Austin City Hall has six changes to housing rules to know about.

Effective July 10:

• Air conditioning in homes is required

• Single stairway developments, recently chronicled in the ABJ, are allowed

• Homes in some areas face higher regulations due to fire and wildlife concerns

• Hempcrete, a plant-based construction material, is now allowed

• Electric vehicle charging stations will be required of some builders

• And pest control in apartment complexes must now include services to beat back bed bugs and scorpions

The city of Austin has a summary of the code changes here.

Source: Austin Business Journal 

Written by: ABJ Staff

Published: April 11, 2025

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"Construction underway at luxury Lake Travis master-planned community Thomas Ranch"

Austin Business Journal shares, "Construction is underway at the expansive Thomas Ranch luxury housing development on Lake Travis, but there’s still room for custom homebuilders to get involved with the project.

Thomas Ranch developers Areté Collective and the Wasatch Group secured a $106 million loan to finance infrastructure and initial home construction in the master-planned community late last year and have been making headway on the development’s first phase, called Loraloma, said Joe Rentfro, the project's managing director.

Homes should start rising soon in that section, Rentfro said, and its golf course, designed by David McLay-Kidd, should be playable later this year.

At full build-out, the 2,200-acre Thomas Ranch, which is situated…

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"Austin, TX: Cost of Living and Why to Move There"

Racine County Eye writes, "Austin, Texas, is one of the fastest-growing cities in the U.S. Its booming economy, vibrant culture, and outdoor lifestyle make it an attractive destination. But what does it cost to live in Austin, and is it worth relocating? This guide breaks down the average cost of living in Austin, TX, covering housing, transportation, utilities, and more.

Housing Costs in Austin

Housing is one of the most significant expenses in Austin. The median home price is around $450,000, higher than the national average. Depending on the neighborhood, renters can expect to pay between $1,500 and $2,500 for a one-bedroom apartment. Austin’s cost of living has risen due to the influx of tech companies and job opportunities.

If you plan…

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