Luxe Austin Homes - suburbs

"Austin suburb buys downtown land as it aims to facilitate growth"

Austin Business Journal shares, "One of Austin's growing suburbs will purchase a one-acre parcel in its city center, continuing a wave of cities around the region taking control of land in their downtowns.

The Elgin City Council on May 6 unanimously gave the go-ahead to its economic development corporation to acquire a property at 403 Central Avenue, near the city's new police station. The EDC in February approved the $305,500 purchase from DLJ Holdings LLC. The property was valued for tax purposes at $153,000 in 2025, according to Bastrop County property records.

With the move, the city of Elgin — about 25 miles northeast of Austin with a population of around 12,000 — will acquire a key parcel on the fringes of the city's downtown, which is…

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"Booming Austin neighbor among top 20 suburbs for Americans on the move"

CultureMap Austin shares, "A new list on the most desirable suburbs in America puts one buzzy Austin-area city in the top 20: According to a recent growth report by moving services website moveBuddha, Georgetown comes in at No. 18 on the list of American suburbs that everyone wants to move to.

The survey ranks the suburbs that are the most in-demand in the most populous U.S. metros for 2025.

It ranks cities by two criteria: recent mover search data from January 2024 to February 2025 which reflectsmoves planned for the current year; and the most recent Zillow Home Value Index data for home averages in each of the 50 biggest metros.

Georgetown had a "move in-to-out ratio" of 1.46, meaning there are 146 searches for moves in for every 100…

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"Austin suburbs are some of the top U.S. hot spots for new rental homes"

CultureMap Austin shares, "A new rental report has revealed Texas is leading the nation with the highest single-family home rental construction growth, and Austin is among the top 10 U.S. metros building the most new homes for rent.

The analysis from rental listings website Point2Homes examined construction rates and building permit data for single-family homes that are "located in build-to-rent, professionally managed communities" across America. For the purpose of the study, build-to-rent communities are defined as those where a majority of homes eitherdon't share any walls with each other, or so have some shared walls but do not have neighbors above or below, or have a direct-access garage.

According to the report's findings, Austin's rental…

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"Austin-area ZIP code ranks among top 10 hottest housing markets of 2024"

CultureMap Austin writes, "The Austin metro's strong real estate market has shown it can persevere through another year of high mortgage rates, and one local ZIP code in Kyle was the No. 10 hottest housing market in the nation in 2024. That's according to a just-released report by online real estate company Opendoor.

The study examined the U.S. ZIP codes where people bought homes the fastest in 2024, using local Multiple Listing Services (MLS) data in markets where Opendoor operates. The ZIP codes were ranked by the total number of homes that went into contract within 90 days of listing.

Homes in Kyle's 78640 ZIP have an average value of $319,463, though that price has dipped 6.1 percent over the last year, according to Zillow's Home Values…

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"Austin suburb appears on new 2025 list of safest U.S. cities"

CultureMap Austin writes, "New Year's resolutions can come in many forms, and if relocating to a safe Austin-area suburb is high on the list for 2025, Round Rock is the place to be.

Round Rock was declared the No. 26 safest city in America for 2025 in a new study by personal finance advisors MoneyGeek. The website's experts examined the most recent FBI crime statistics (from 2023) to determine the cost of crime in 292 U.S. cities with populations over 100,000 residents.

The estimated cost of crime in this North Austin suburb – which the study calculated as the "societal cost of crime per resident" – was $575 in 2023.

While Round Rock's crime cost per capita may seem high, it's actually far lower the national crime cost, which was $2,178 per…

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"Where is Williamson County's population growing?"

Austin Business Journal shares, "With a population increase from 2020 to 2023 of 14.5%, Williamson County is clocking more new residents than all other counties in this fast-growing region.

So how do the suburbs there stack up to each other? We examined data Opportunity Austin pulled from the U.S. Census Bureau, looking at the population growth in the county’s incorporated places from 2020 to 2023, to figure that out.

Georgetown has been designated as the nation’s fastest-growing city of at least 50,000 people for the past three years, and it has been adding more people than any other city in the county. But, as the graphic indicates, Georgetown isn't the fastest growing, percentage-wise. Smaller cities have the advantage on that metric, and it…

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"5 Austin neighbors lauded as best small cities in America"

CultureMap Austin writes, "Living in the big city isn't for everyone, which is why many are flocking to the suburbs and less-populated cities around Austin. To demonstrate the popularity of suburban and rural communities, a new study by WalletHub has identified five Austin suburbs on their 2024 list of the "Best Small Cities in America."

The extensive report compared over 1,300 U.S. cities with populations between 25,000 and 100,000 residents based on 45 livability metrics across five main categories: Affordability, economic health, education and health, quality of life, and overall safety. Cities were grouped by percentile, where the 99th percentile encompasses the top one percent of small American cities.

A total 19 U.S. cities all qualified…

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"New build-to-rent neighborhood aims to inject housing into fast-growing Leander"

Austin Business Journal reports, "A new build-to-rent neighborhood is opening in one of the fastest-growing neighborhoods in Leander.

Tricon Residential Inc., part of Blackstone Real Estate’s portfolio, is opening Tricon Bryson — a build-to-rent neighborhood consisting of 155 single-family homes — within Leander's wider Bryson development, according to an announcement. The new neighborhood will add to the region’s rental housing supply in Leander, where the U.S. Census Bureau estimates the population has more than tripled since 2010.

“There’s a tremendous need for more housing overall, and every day it’s harder and harder to get a new neighborhood approved and permitted and ready to go, whether for rent or for sale,” said Andy Carmody, senior…

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"750-plus homes headed to Elgin to continue housing boom"

Austin Business Journal shares, "Elgin’s housing boom is set to continue after City Council approved an amendment to a previously approved development agreement that will allow the developer to build more dense housing in an upcoming master planned community.

The original development agreement for Southside Meadows, as the development is called, was approved in May 2023 and would have seen 526 single-family homes built, but that number has swelled to 763 with the amendment approved Sept. 3, according to the meeting agenda. The homes are being planned as developers descend upon Elgin to build thousands of new homes.

Developer Hariharan Kuppuraj owns the 174 acres where the master-planned community will be built along County Line Road, just south…

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"Outside Austin, the metro's wealthiest ZIP codes are up north"

Austin Business Journal writes, "The Austin Business Journal recently revealed that the metro's wealthiest ZIP code is in the core of the city: downtown Austin.

But what about when you venture outside of city limits? That honor belongs to Cedar Park's 78613 ZIP code, which came in at No. 18 on the list.

American City Business Journals, ABJ's parent company, used a weighted formula with numerous factors, including per capita income, home equity, typical home value, estimated savings and poverty rate to determine the wealthiest ZIP codes.

That determined that wealth looks different in the suburbs. The 78613 ZIP code, which roughly spans north from the Lakeline Mall off Farm to Market Road 620 to New Hope Drive, has a per capita income of around…

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