Luxe Austin Homes - caldwell county

"Suburbs are the stars of the 'Austin' population boom"

Austin Business Journal writes, "About eight out of every 10 people added to the Austin metro during a recent 12-month period settled outside of Travis County — which roughly mirrors the Austin city limits. Travis County added an estimated 7,400 new residents in the second half of 2022 and the first half of 2023, which is not far off of what Oklahoma City can expect for annual population growth these days.

It's perhaps a sobering comparison for many Austinites and especially Texas Longhorn fans, but a deeper dig into the latest U.S. Census Bureau data reveals what may be a more disturbing fact: More people are moving away from Travis County than to it. If it wasn't for babies, Travis County would be shrinking.

Travis was the only county in the…

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"Possible new subdivision could be part of Caldwell County boom"

Austin Business Journal shares, "additional details have emerged about a housing development in Maxwell that could be part of a boom in rural Caldwell County. 

Schulle Farms, an 800-plus home subdivision planned for the small community, is envisioned by Austin-based real estate brokerage and land development company La Tierra Realty LLC, said Trevor McManis, a broker with the firm.

La Tierra, which has amassed around 1,100 acres over the past four to five years in what it considers a region primed for growth, will be marketing the land to homebuilders.

“This is an area that we really believe in,” McManis said. “We think there’s a lot of value here, and it’s kind of been the area outside of Austin that a lot of people have maybe overlooked…

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"New subdivision set to rise in small community south of Austin"

Austin Business Journal reports, "hundreds of acres of housing are set to rise on the southern reaches of the Austin metro, the latest indication that it just keeps on growing.

Caldwell County commissioners on Jan. 9 unanimously approved a development agreement for a subdivision in Maxwell, potentially encompassing more than 200 acres. With the Austin area embroiled in a seemingly never-ending struggle to build enough affordable housing, the homes in this new development would be going up in one of the most affordable pockets of the region.

The subdivision, known as Schulle Farms, would be built on 227 acres off Maxwell’s Fifth Street if the development goes forward. Schulle Farm Partners LP is behind the project, although the identities of…

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"What it takes to own a home in Austin's wealthiest ZIP codes"

Austin Business Journal Reports, "the Austin-Round Rock metro area became slightly more affordable for homebuyers in 2023, but it’s still much more expensive to own within Austin's city limits than almost anywhere else in the region.

That’s according to recent data from Zillow Group Inc. analyzed by the Business Journals. In each of the metro's ZIP codes, the minimum annual income required to purchase a typical home declined anywhere from 4% to 18% in 2023, as of Nov. 30, compared to 2022, the analysis found. Annual mortgage payments also dropped, while median home values declined at a rate of 1% to 13% across the region.

The Austin Business Journal annually tracks the wealthiest ZIP codes in the metro, so it's already well-known where the…

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"Hundreds of home lots for sale near Caldwell-Hays border"

Austin Business Journal reports, "more than 500 homes could rise in the borderlands between Caldwell and Hays counties.

Misty Farms, as the neighborhood will be known, is primed for development on roughly 99 acres just off State Highway 21 at the intersection of Misty Lane and Farmers Road in Caldwell County, according to a marketing brochure. The property is owned by Maxwell Farms Partners LP, though broker and land development firm La Tierra Realty LLC is the entity that is marketing the development site.

Homebuilders will be able to negotiate to purchase specific chunks of the development or the entire property, said La Tierra broker Trevor McManis, who estimated that if a builder started working on the development now, it could start turning…

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"'The market is active and resilient': Austin area sees uptick in home sales"

Austin American-Statesman writes, "Resilient.

That's the status of the Austin-area housing market as of August, when it saw its first year-over-year increase in home sales since early 2022, the Austin Board of Realtors says.

In its latest monthly report, the board said 2,939 houses changed hands last month in the five-county Austin region, which extends from Georgetown to San Marcos.

The sales represented a 1.4% increase over August 2022. It was the first increase in sales in the Austin region since February 2022, before repeated interest rate hikes by the Federal Reserve to ease inflation began sharply slowing home sales throughout Central Texas.

Across the Austin-Round Rock metro area, half of the houses last month sold for more than…

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"Big neighborhoods pitched for tiny towns south of Austin"

Austin Business Journal writes, "while housing starts across the Austin metro have retreated from pandemic highs, large residential communities continue to be pushed forward, especially in areas expected to see rapid population growth in the coming years.

That includes on the fringes of the emerging "metroplex" between Austin and San Antonio. An approximately 1,185-home subdivision called Haney Park is proposed for 245 acres in Hays County. It would in the extra-territorial jurisdiction of the small city of Uhland, between Cotton Gin and High roads, according to public documents.

In addition to the homes, the development would have three commercial lots ranging from 1.3 to 4.2 acres and an 18-acre lot for multifamily residential. Haney Park…

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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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"New neighborhood of up to 1,600 homes gets green light in Caldwell County"

Austin Business Journal reports, "the Caldwell County Commissioners Court unanimously approved March 28 a development agreement between the county and a subsidiary of Lennar Corp. for a neighborhood of up to 1,600 homes in the rural area south of Austin.

The development agreement will allow Lennar — one of the region's busiest homebuilders — to transform the 491-acre parcel into a large community of single-family homes, plus parkland and amenities, according to county documents. Cotton Gateway, as the development is currently known, would be a significant injection of new homes in Caldwell County, part of the region stretching between Austin and San Antonio that some experts believe will evolve into the state’s next metroplex.

The development…

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"Lennar could build 1,600 more homes in Caldwell County"

Austin Business Journal repots, "the Caldwell County Commissioners Court will consider March 28 the approval of a development agreement with Lennar Homes of Texas Land and Construction Ltd. to build a 491-acre neighborhood.

The single-family, master-planned community to be known as Cotton Gateway would be located across the road from the San Marcos Regional Airport at State Highway 21 and William Pettus Road, according to the meeting agenda, and would consist of up to 1,600 lots. The development brings with it a number of obligations for both Lennar and Caldwell County.

Florida-based Lennar Corp. (NYSE: LEN) did not immediately respond to requests for comment.

According to the development agreement, all single-family lots would be a minimum…

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