Luxe Austin Homes - bastrop county

"570-acre Lund Farm community near Elgin could break ground next summer"

Austin Business Journal reports, "the developers pitching a 570-acre community near Elgin said they were attracted to the area by "the beauty and economics of the blackland prairie" as they aim to create more than 1,800 single-family homes, hundreds of multifamily units and nine acres of commercial space northeast of Austin.

Representatives for New York City-based Blossoms Development LLC provided Austin Business Journal more details about the Lund Farm community, which would be located off State Highway 95, north of Elgin. Intrigue in the project has been building since it was first announced last month at an Elgin City Council meeting.

The project would be the first in Texas for Blossoms, which has global development experience,…

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"Lund Farm pitched as big neighborhood in rural area near Elgin"

Austin Business Journal reports, "a 570-acre community may be coming to the Elgin area with more than 1,800 single-family homes, hundreds of multifamily units and nine acres of commercial space.

A little-known company called Blossoms Development has proposed Lund Farm off State Highway 95, north of Elgin. The company wants to have a diversity of home types and prices, according to a public presentation posted online by the city of Elgin. It also aims to create a walkable neighborhood that leverages the natural features of the site by using floodplains as amenity space and restoring historic blackland prairie.

In addition to the single-family homes, Lund Farm could have nearly 650 multifamily units, plus parks, an amenity center and a possible…

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"High interest rates aren't deterring homebuyers in Austin"

CultureMap Austin writes, "real estate experts now have a much clearer picture regarding the resilience shown in Austin's housing market. The latest Austin Board of Realtors' (ABoR) report revealed that July 2022 was when the Austin-Round Rock housing market initially started stabilizing. If current trends continue, ABoR says 2023 will have a "strong finish."

"We now have a direct year-over-year comparison of when our market began stabilizing, and the big fluctuations we’ve previously seen have started to even out," said 2023 ABoR president Ashley Jackson in the report. "Potential buyers who have been on the fence about purchasing a home should know interest rates are settling, and now is the time to act."

Even with interest rates beginning to…

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"‘They’re in a hurry’: Elon Musk is building his own town in Texas. Here is everything we know about it"

Elon Musk is planning on building a “utopia” in Texas, a whole new town on thousands of acres of farmland recently bought outside the state capital of Austin.

Deeds and land records show the extent of the project and the billionaire and Twitter owner has attended meetings with land owners and real estate agents in which he and his staff have outlined his ideas for the project that The Wall Street Journal calls “a sort of Texas utopia along the Colorado River” where staff could both live and work.

Top executives at the Boring Company, the Tesla CEO’s tunnelling firm, have looked into placing the town in Bastrop County 35 miles from Austin, allowing Mr Musk to regulate some issues in a municipality of his own and speed up the projects.

People…

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