Luxe Austin Homes - sellers

Four Seasons Private Residences On Lake Austin Steps Up Luxury Living In Texas... Literally

A new luxury development will uplift residential real estate to a new dimension at Lake Austin. Luxury housing the levels of which have not been seen before in Texas, or much of the southwest, has a new grab: a two-minute Funicular descent to The Marina and The Lake Clubhouse at The Four Seasons Private Residences will present a panoramic experience inside one of two air-conditioned, glass enclosed cabins, lifting residents down to water activities, or back up to their multi-million dollar homes. The Funicular takes elevated Hill Country living to an extreme convenience, granting access to shoreline so pristine it is not even accessible by car.

The Four Seasons Private Residences is also the luxury brand’s first residences anywhere with…

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Realtor report: Austin area sees gain in housing inventory in April

April home sales in the Austin area decreased for the second month in a row, according to a new report from the Austin Board of Realtors.

The April 2022 showed across a five-county area, home sales declined 6.2% year over year to 3,280 closed sales as the median price rose 19.6% to a new record of $550,000.

Active listings jumped 52.5% year over year to 2,763, causing housing inventory to increase by 0.3 months for a total of 0.8 months of inventory, marking the biggest gain in housing inventory year over year since the summer of 2017.

“We are far from a healthy number of homes for sale in our market, so any increase in housing stock, no matter how small, is a welcome sign for people looking to buy. Our area continues to really be influenced…

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Austin real estate expert talks soaring property appraisals and how homeowners can protest

Texas property owners recently received their property appraisals in the mail. In Travis County, the value of residential properties increased 56% compared to last year, leaving many people wondering what they should do next. 

Ashley Jackson, president-elect of the Austin Board of Realtors, spoke with KVUE's Ashley Goudeau about the appraisals and what homeowners can do. Below are Jackson's answers to some common property appraisal questions.

The deadline to protest an appraisal is May 16. Should I protest mine? Who should protest?

"That is really going to vary on a case-by-case basis. They [property owners] may want to reach out to their trusted Realtor to get some advice about where their market value is to see if they have a…

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Deals, Dollars, And Decacorns: What Is Happening In Austin’s Real Estate Market?

Austin, Texas, is attracting VC firms, tech giants, and a slew of professionals from different American cities. This is pushing the demand for commercial and residential real estate in Austin.

In early 2021, the Austin Chambers of Commerce published a report that stated that the city lost 33,400 jobs in 2020 in the aftermath of the pandemic.

The situation was pretty much the same wherever you looked. Jobs were getting lost, businesses were getting shut down, and government lockdowns were the norm. There was widespread economic despair.

Where Austin performed much better than other metropolitan cities was in getting back those jobs and opportunities and softening the blow.

A string of pro-business policies, an enviable (affordable) housing…

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This $16 Million Modern Estate in Austin Comes With Its Own Vineyard and Private Label Wine

Named ‘8 Oaks’ after the number of people in their family, this property located about 30-minutes from downtown Austin is truly one-of-a-kind. The sellers are commercial real estate developer and tech startup investor Vincent Sica, and his wife, Tracey Sica, who live at the estate with their six children. To honor each member of their family, they planted eight oak trees along the driveway that leads to the house.

Built in a modern ranch style, the $16 million home is being sold off-market (with Eklund|Gomes at Douglas Elliman), and it’s one of the most expensive off-market homes in the area. (Texas is a non-disclosure state, and most of the homes of this caliber are sold off-market.) Sica is also considering cryptocurrency as payment, as he’s an…

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Austin market hits all-time high as home price surges to $624,000

Another record-breaking month is in the books for the red-hot Austin housing market.

The latest monthly report from Austin Board of Realtors reveals all-time highs for home prices at both the city and metro levels, with median home prices surging past the $500,000 and $600,000 marks, respectively, for the very first time.

In March 2022, the median home price in the city of Austin skyrocketed to a record-setting $624,000. That figure is up more than 22 percent from March 2021, when the city's median home price hit a then record of $515,000. In February 2022, the city's median home price sat at $565,000, signaling a jump of $99,000 in just one month.

Meanwhile, the median price for the Austin metro hit $521,100 in March 2022, also up more than…

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Travis County leads Texas in most expensive median home listing prices

An analysis from realtor.com released last week reported Travis County tops Texas as the county with the highest median home price. The report, based on February 2022 real estate figures, reported a median home value listing at $637,000 — up more than $200,000 compared to February 2018 figures.

The five-year real estate analysis weighed out the median listings for Texas’ 10 most populated counties: Harris, Dallas, Tarrant, Bexar, Travis, Collin, Denton, Hidalgo, El Paso and Fort Bend. Despite not leading as the most populated county, Travis County’s increasingly expensive real estate landscape is a continuous trend as conversations surface on affordability concerns.

While Travis County topped the list for median home listings, Collin County…

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Austin named the No. 1 housing market for growth and stability

While the Austin housing market continues to shatter price records, a new study shows it’s the best U.S. market for growth and stability.

The study, published by personal finance website SmartAsset, places Austin at No. 1 among 400 metro areas for housing growth and stability. That’s up from the No. 2 spot last year.

The study notes that Austin-area home prices soared 368 percent from 1997 through the end of 2021. That was the biggest spike among all of the metro areas examined in the study. Meanwhile, it estimates there’s a zero percent chance that an Austin-area home would suffer a 5 percent drop in value within 10 years of being purchased. 

In February, the median price of a home in the Austin metro area came within $5 of $500,000,…

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Real estate experts: Prices not expected to fall any time soon

When Lakeway resident Katie Bigus and her husband started looking for a home near his job on Bee Caves Road, she said they were financially prepared and could be aggressive in their bidding process.

Still, Bigus said, they lost out on their first choice after bidding about $98,000 over asking price with no contingencies and a leaseback to the sellers in the contract.

This has become the status quo, said April Womack, a Realtor with Moreland Properties, who works out of its Lake Travis location.

“It’s a really strange market,” Womack said. “I compare it to gridlock on the highway. Everyone is trying to get somewhere, but traffic just won’t move.”She said while sellers love the equity rising home values have added to their homes, they would pay more to…

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Buyers have dibs on more than half of Four Seasons luxury condos planned for Lake Austin

Just a few months after sales launched, potential buyers have reserved more than half of the luxury Four Seasons-branded residences planned for a high-profile cliff overlooking Lake Austin.

The sales pace for the units is another sign of the Austin region's continued rising real estate market, including the high-end segment, housing industry experts say.

The 179 residences in the Four Seasons project are due to break ground next year. Prices start at $4.1 million.

Reservations began in late September, and hit the half-way mark in just four months, said Eric Moreland, broker associate with Moreland Properties who is handling sales.

Officially named Four Seasons Private Residences Lake Austin, the condominium project will be located on…

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