Luxe Austin Homes - atx

"Caliterra in Dripping Springs breaks ground on second phase"

Austin Business Journal reports, "Caliterra, a 600-acre master-planned community in Dripping Springs, is growing.

Developer SR Capital Management broke ground this week on The Ranch at Calterra, a $40 million expansion of the community at 26025 Ranch Road 12, according to an announcement. The new development phase will add more than 200 homes and home sites.

Caliterra’s original plans called for 616 homes, of which 575 have been built. Counting 232 more attributable to The Ranch, Caliterra’s total eventually will come to 848.

The homes at The Ranch, from builders David Weekly Homes, Drees Homes and Scott Felder Homes, will range from 3,000 square feet to 5,000 square feet and will be built on 80- and 100-foot lots. They will start in the…

759 Views, 0 Comments

"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…

309 Views, 0 Comments

"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…

197 Views, 0 Comments

"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…

536 Views, 0 Comments

"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…

194 Views, 0 Comments

"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

106 Views, 0 Comments

"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…

629 Views, 0 Comments

"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…

2523 Views, 0 Comments

"Share of first-time homebuyers hits record low as affordability challenges persist"

Austin Business Journal shares, "First-time buyers hit a record low share of the homebuying market last year, another sign that affordability continues to make homeownership out of reach for many.

Only 24% of homebuyers surveyed by the National Association of Realtors said they were purchasing a home for the first time — a substantial drop from the 32% who said the same the year prior. Meanwhile, baby boomers were the largest cohort of homebuyers last year, making up 42% of all homebuyers.

The survey took place in July and included buyers who purchased a primary residence between July 2023 and June 2024. Results were released earlier this week.

Rising home prices, high mortgage rates, limited supply and competition with all-cash buyers…

181 Views, 0 Comments

"Competition among Austin-area homebuyers set to heat up in mid-April"

CultureMap Austin writes, "If you’re a first-time homebuyer in the Austin metro area, beware of mid-April.

A new study from Austin-based Realtor.com shows that in 2025, the best time to list a home for sale in the Austin area is the week of April 13. This translates into stepped-up competition among homebuyers during that time frame.

Why is the week of April 13 such a popular time to put a home on the market in the Austin area? Brandy Wuensch, president of the Austin Board of Realtors and Unlock MLS, offers three reasons:

• Springtime offers a pleasant climate for open houses, leading to more potential buyers touring homes.
• Buyers often prefer to move in the spring so they can settle into a new home before the start of the school year in…

166 Views, 0 Comments