Luxe Austin Homes - housing

"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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"New 55+ community breaks ground on 260 homes in Bastrop"

CultureMap Austin shares, "Del Webb, a Phoenix, Arizona-based builder specializing in "active adult communities," has broken ground on a new community in Bastrop — its first in the Austin area in more than 30 years. Del Webb Lost Pines will encompass 500 residences with resort-style amenities in early 2026 if construction sticks to its current schedule.

The community is a smaller area within a larger master-planned community called The Colony, part of which touches the Colorado River. The Lost Pines section is within the north side of The Colony, about a 10-minute drive to the river according to Google Maps. The new homesites are located along Republic Drive.

Over two phases of construction, Del Webb Lost Pines will have more than 500 residences…

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"Austin ranks among 20 best large U.S. cities for first-time homebuyers"

CultureMap Austin writes, "As Austin's real estate market slowly bounces back after several years of high housing prices, a new WalletHub analysis has revealed it is the 19th best large U.S. city for first-time homebuyers, and the No. 1 big city in Texas.

WalletHub's study ranked 300 U.S. cities across 22 metrics based on affordability, quality of life, and the status of each city's real estate market, including factors like active listings per capita, homeownership rates for millennials, and more. Cities were ranked overall and based on population size: Large cities with more than 300,000 residents; midsize cities with populations between 150,000-300,000 people; and small cities with fewer than 150,000 people.

Palm Bay, Florida ranked as the…

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"The Modern Austin Residences: Condo tower on Rainey Street welcomes new residents this summer"

Austin Business Journal writes, "With Austin’s reputation as a live music capital, perhaps it isn’t surprising that the origin story of The Modern, a 56-story condominium tower hailed as “authentically Austin,” includes a sweet nod to Austin music icons, the Fabulous Thunderbirds. In 2009, still reeling from a recession which had Urbanspace CEO Kevin Burns rethinking the brownstone plans he had for the property he purchased at 90 Rainey Street, he began to envision something with a larger footprint.

While renting his property to a shipping container bar as a stop gap measure, Burns became friends with the property owners next door, Thunderbirds’ drummer Fran Christina and his partner, artist Julie Speed. Over the course of the next five years, with…

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"Legislative wrap up: Texas passes key housing bills"

Austin Business Journal writes, "The most recent Texas legislative session saw a slate of measures passed to make it easier to build more housing across the state. 

Some of the laws that were changed include allowing smaller and ideally more affordable homes to be built, expanding where housing in the state could be built and making it harder for housing developments to be killed in the approval process. 

While the Texas Legislature and its process is known for killing more bills than they pass, the 89th legislative session proved to be a “really strong” one for housing and affordability, said Julia Parenteau, the director of public policy for Texas Realtors. 

“We did anticipate that housing affordability, in particular, was going to be…

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"2 big apartment complexes pegged for North Austin"

Austin Business Journal reports, "Two big multifamily projects are in the works for North Austin.

Developers have filed plans with the Texas Department of Licensing and Regulation for two projects that would see almost 800 residences and more than one million square feet of new development built over the next two years. They're planned at a time when the city is grappling with elevated vacancy rates in its multifamily market, but there's a hope that by the time they're delivered, the market will be in a healthier place.

Brockton Residential

The first of the two new North Austin projects is called Brockton Residential. From Atlanta-based Portman Holdings, the project is being planned at 2545 Brockton Drive, according to the TDLR filing.

The…

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"About 1,400 new homes pegged for fast-growing Lockhart"

Austin Business Journal shares, "A big development in Lockhart will add about 1,400 homes to the fast-growing city south of Austin.

Houston-based Perry Homes is already hard at work building infrastructure for its Juniper Springs neighborhood, which will total about 400 acres, said Chris Little, president of Perry Homes Central Texas. The neighborhood also will have a new elementary school that will be part of the Lockhart Independent School District, according to an announcement.

“Heavy infrastructure work [at Juniper Springs] has been underway,” with completions of lots expected this summer and model homes ready to tour in the fall, Little said.

He described Juniper Springs as a “legacy project for Perry Homes” that will be built over…

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"Leander annexes over 300 acres for new neighborhood"

Austin Business Journal shares, "Leander is one of the fastest-growing cities in the metro, and that growth is poised to continue.

Leander City Council annexed more than 300 acres for a new subdivision, called Oakwood Hills, in May that will add about 200 homes to the suburb northwest of Austin.

The project is being developed by 23244 Nameless Rd. LLC.

Oakwood Hills is located on 337 acres at 23244 Nameless Road on the western edge of Leander, according to council documents. The land is currently undeveloped, and developers are proposing to build single-family homes on 174 one- to two-acre lots.

Leander is one of the fastest-growing cities in the entire metro, according to the U.S. Census Bureau. Its population boomed from 59,202 in 2020…

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"Shopping for a home? Texas city scores largest influx of new listings"

MYSA writes, "In the market for a new home? What better place than right here in Central Texas.

Two Texas cities ranked among the best in the nation for the largest price slashes within their respective housing markets, marking a real estate haven for first-time homebuyers and more experienced house hunters, according to a report from Realtor.com released on Monday, June 23. Both the South and the West led the way in the biggest cost cuts, with Phoenix ranking supreme with 31.3% of its Arizona home listings featuring a price cut.

Coming in second was Tampa with a 29.9% slash in home listing costs, with Denver trailing slightly behind at a 29.4% share of listings featuring reduced prices. In fourth place, Texas made its mark with the capital city,…

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"Multifamily project on tap along Colorado River in East Austin"

Austin Business Journal shares, "An East Austin lumber yard could be redeveloped into hundreds of multifamily units.

The 300-plus-unit project is planned at the former site of Eastside Lumber & Decking near the intersection of East Cesar Chavez Street and North Pleasant Valley Road.

The developer of the project, JLB Cesar Chavez, is Dallas-based JLB Partners, according to a filing with the Texas Department of Licensing and Regulation. The property owner is an entity called TRG Cesar Burleson LLC, according to Travis Central Appraisal District. The address of TRG Cesar Burleson LLC matches that of Dallas-based Trinsic Residential Group.

Neither JLB nor Trinsic — known apartment players in this market already — responded to requests for…

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