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Austin has a booming real estate market and it does not appear to be slowing down. With the growing market comes growing real estate prices. Austin is "leading the nation, in terms of population growth over the last eight years. Along with all of the population and economic growth comes higher home prices. So, what you get for that $1 million budget just isn’t as much as it used to be. You are losing about 1,000 square feet for that $1 million home just in the last five years," says Zillow Economist Kathryn Courselle. Home values in the U.S. have grown 40% and in comparison have grown over 60% in the Austin metro. While downtown Austin is seeing an invasion of condominiums valued at over $1 million, according to Zillow, 87% of the homes valued at…

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Improvements on RM 222

There are multiple projects planned and ongoing for 2222. One that is currently being worked on will widen the road from Bonaventure Drive to Ribelin Ranch Drive and include a new center median with turn lanes. It is expected to be completed by early 2020.

Improvements on RM 620

Taking RM 620 to 2222 will become easier by the end of 2020. According to TxDOT, they will be adding an outside northbound merge lane along RM 620 from Steiner Ranch Boulevard that will connect to a new bypass road to RM 2222. There will also be center-turn lanes and medians between the new bypass road and RM 620.

There will be a left-turn lane added on Bullick Hollow Road at the FM 2769 intersection.

There has been a discussion of…

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The Village at Spanish Oaks

The Village at Spanish Oaks represents the final portion of the Spanish Oaks development. It is a project headed by two developers, CCNG Inc. and Arizona-based Greenbrier
Southwest. Bee Cave City Council approved rezoning of the land in October to planned development mixed-use, moving the project forward on the way to construction beginning in 2019.

The development will be on just over 80 acres between Highway 71 and Little Barton Creek, The Village is planned to have residential areas as well as new amenities for Bee Caves, including boutique retail shops, restaurants, and recreational trails as well as office space and the Inn & Spa at Spanish Oaks.

Signal Hill Estates

Signal Hill Estates is another new…

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All Texas Schools received their report card this month. The Texas Education Agency has released their ratings for school districts in Texas. Each district receives a grade based on their performances in the following three areas:

  • Student Achievement measures what students know and can do by the end of the year.  It includes results from state assessments across all subjects for all students, on both general and alternate assessments, College, Career, and Military Readiness (CCMR) indicators, like AP and ACT results, and graduation rates.
  • School Progress measures how much better students are doing on the STAAR test this year versus last year, and how much better students are doing academically relative to schools with similar percentages of…
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Central Austin

The neighborhoods that surround the heart of Austin share one thing in common - location - but they each possess their own charm to make them uniquely their own. Downtown Condominiums are a popular choice for urban living, but those looking for a single-family property may find their perfect home in the surrounding neighborhoods. Head west on Sixth Street and you will find yourself in the Historic Clarksville neighborhood, a quaint area with historic homes and local restaurant favorites like Clark’s Oyster Bar and Josephine House.

West Central

To the west of Clarksville is the more traditional neighborhood of Tarrytown. Tarrytown homes vary from stately historic homes, charismatic bungalows to clean contemporary residences. The…

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Austin is known for its thriving real estate market, with prices at an all-time high. It may be surprising to learn that our city ranks in the top 50 cities in the US with the highest share of homes valued at $1 million or more, according to a new study released by Lending Tree. The rankings of the Top 50 cities were determined by the My Lending Tree property value database, which is a collection of real estate data from over 155 million properties in the U.S. The data showed a trend that cities with more start-ups and a larger tech industry made the list, with San Jose, California taking the number one spot with 53.81% of the homes valued over a million dollar. San Jose is also the only city with a median home value exceeding 1 million. San Francisco…

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