Luxe Austin Homes - atx

"64% of Lake Travis ISD campuses score 'A' rating in 2024-25 TEA A-F accountability ratings"

Community Impact shares, "Lake Travis ISD received an “A” rating, scoring 90 out of 100 possible points, in the Texas Education Agency’s 2024-25 A-F accountability ratings released Aug. 15.

How it works

The accountability rating system was established during the 2017 legislative session. District and campus ratings are based on State of Texas Assessments of Academic Readiness, or STAAR, scores; graduation rates; and college, career and military readiness, or CCMR, outcomes.

The system uses A, B, C, D and F ratings, and A and B ratings are the only ones considered to be passing.

Zooming in

The district previously scored a “B” rating for its 2023-24 ratings, scoring 89 out of 100 possible points.

Of the 11 schools in LTISD, four…

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"Why now’s the time to buy in East Austin's Whisper Valley"

CultureMap Austin writes, "If you've been dreaming of homeownership in Austin but assumed it was out of reach, it’s time to think again, especially during the Summer Sales Spectacular at Whisper Valley.

Running now through September 15, this sustainable master-planned community in East Austin is offering some of the most exciting deals in Central Texas real estate.

Big savings, big incentives
Whisper Valley is currently offering completed, zero energy capable homes at some of the lowest prices ever: from the low $300s to the $500s.

In addition to these competitive prices, builders are helping homebuyers with interest rate buydowns to make monthly payments more affordable, plus offering up to $30,000 in incentives to help cover closing costs.

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"Austin's affordable housing efforts could be thrown off by new Texas law"

Austin Business Journal reports, "A new state law set to take effect in the fall could throw a wrench in Austin’s plans to incentivize more affordable housing. 

That’s according to the director of Austin's planning department, Lauren Middleton-Pratt, who wrote in a July 28 memo to city leaders — as the city is updating its density bonus programs — that a new state law will require the city to re-evaluate how it incentivizes new income-restricted housing units. 

The new state law is Senate Bill 840, which was passed during the 89th Texas Legislature and allows for mixed-use residential housing on any land that’s zoned for office, commercial, retail, warehouse or existing mixed-uses without needing a zoning change approved by a city. The legislation,…

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"Your dorm didn't look like this"

Austin Business Journal writes, "Move-in started Thursday at a luxury apartment complex across the street from from Ohio State University.

Rambler Columbus is the first development in the state by Austin-based LV Collective, following three years of construction. The seven-story, 407,500-square-foot complex at 222 W. Lane Ave. has 379 units for a total of 889 beds, with average per-room rent of $1,500.

"I would have loved to live here," said Brenna Voye, leasing and marketing manager, an OSU graduate, who had lived in dorms, a sorority and an off-campus house.

Daydreamer, a coffee shop in the lobby, will open to the public in late August. Victory Lap, a ground-floor bar and pizzeria, is still under construction, and there's a retail space…

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"Homes hit the market in Georgetown’s Park Central neighborhood"

Community Impact shares, "Tri Pointe Homes, the developer and builder of the Park Central neighborhood in Georgetown, began selling single-family homes and townhouses in the new neighborhood this summer, according to a news release.

The details

Located on 77.8 acres near Patriot Way and SH 130 Toll, the neighborhood features 191 single-family houses and 256 duplex-style townhomes. Tri Pointe offers 18 floorplan options at Park Central, bringing home options that range from about 1,800-2,900 square feet.

In addition to the homesites, Tri Pointe plans to bring a number of amenities to the community, including a 10-acre community park with walking trails, a scenic pond and open green spaces.

Construction on a clubhouse and a pool is expected to begin this…

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"Hill Country Changes"

Austin Business Journal reports, "Thousands of trees have made way for the next phase of a neighborhood offering lakeside living.

ABJ Photojournalist Dave Creaney and his drone were out and about in the Lake Travis area recently, and in this neck of the woods he found notably more water than usual due to the weather but significantly fewer trees due to demand for housing.

Lakeside at Tessera has been rising in the Lago Vista suburb for a few years. Homebuilders include Coventry Homes, Highland Homes, Saratoga Homes, Toll Brothers Homes, Trophy Signature Homes and Westin Homes. A private boat dock and pool will be among the amenities.

The neighborhood is next to the Balcones Canyonlands National Wildlife Refuge, which is owned and managed by…

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"Austin is the best city for new college graduates in 2025"

Scotsman Guide writes, "Austin, Texas, is the best city for recent graduates this year, thanks to high beginning salaries, an abundant supply of apartments and a vibrant social scene, according to a new report from Zillow.

The real estate website’s 2025 list of the best cities for college graduates had a strong Sun Belt theme. Texas dominated the top five choices of the survey, with first-place Austin being followed by Dallas at No. 3 and San Antonio at No. 4. Rounding out the top five are Albuquerque, N.M., in second place and Charlotte, N.C., in fifth place.

Zillow’s rankings combine rental affordability and the share of rental listings on Zillow offering concessions. The report also considers the strength of the local job market and the size…

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"New Texas law restricting certain land sales may have major effect on real estate investment"

Austin Business Journal reports, "A new Texas law that restricts land sales to citizens and businesses from certain countries may negatively impact investment in the state after Sept. 1, commercial real estate experts said.

Senate Bill 17, which Texas Gov. Greg Abbott signed into law last month, prohibits “real property purchases” — including residential, with some exceptions, as well as commercial, industrial and agricultural land — to citizens of or companies headquartered in China, Iran, North Korea and Russia. The law also bans “other interests in real property,” which include easements, mineral and water rights, and leases of more than one year.

The governor may designate additional countries to the list. Permanent U.S. residents are…

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"Austin Home Prices Down in June"

Realtor.com reports, "In June, home prices fell substantially from the month before, with a median listing price of $617,500.

The number of listings on the market grew 5.0%, which is a smaller increase than normal for this time of the year in Austin, and homes are also selling slower than at the same time last year.

Home prices in Austin

Typically, home price per square foot in Austin tend to rise in June. But the most recent data shows that the price per square foot decreased by 3.3% compared with the month before.

So, how does this compare with the rest of the U.S.? Nationally, home price per square foot decreased 0.4%, which means price changes in the Live Music Capital of the World are lagging behind the national market.

Austin…

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"Central Texas home inspectors provide insight on the inspection process"

Community Impact writes, "President Kyle Nunnallee of Nunnallee Inspections and owner Casey Callais of Constructiva Inspections shared with Community Impact what homeowners should know about home inspections.

Established in 2003, Nunnallee Inspections has served the Central Texas area for over two decades, offering home buyer and seller inspections alongside new build and commercial inspections.

Callais launched Constructiva Inspections around four years ago, offering nearly 30 years of construction industry experience. Constructiva specializes in inspections on newly constructed homes but also offers inspections for resale homes, commercial properties and more.

Both companies offer services to the Central Texas area.

Why would someone need a home…

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