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AUSTIN ROUND-ROCK MSA ADDS HOUSING INVENTORY AS HOME BUILDERS CONFIDENCE GROWS CENTRAL TEXAS HOUSING REPORT AUSTIN, Texas — In February, home buyers continued to gain leverage across the Austin-Round Rock MSA as housing inventory increased to 2.6 months according to the Austin Board of REALTORS® lat
PlaceMKR and Steinberg Hart are partnering to bring a $450 million mixed-use project to South Austin, including 1,100 residential units, 68,000 square feet of retail, and 4,000 parking spots.
Pearlstone Partners has broken ground on Montage, a 182-unit condominium project at 2323 S. Lamar Blvd. in Austin, Texas. This four-story property will have studio and one- and two-bedroom floor plans, as well as more than 6,000 square feet of ground-floor retail space.
Construction is underway on a $320 million medical tower located at W. 38th St. in Austin, Texas. The facility, expected to be completed in 2025, will include neonatal intensive care units, C-section suites, a dedicated OB-GYN emergency department, teaching and learning center, and more.
Red River Apartments, a 30-unit multifamily complex located in Austin, Texas, recently sold with capital improvements made to the interior and exterior of the building.
The Libertad Austin project is set to bring much-needed affordable housing to Austin with 198 units across three four-story buildings. Most of the apartments will be reserved for families making at or below 30 to 60 percent of the median family income, while the remaining 50 will be reserved for tho
In recent years, smaller cities in America have been attracting more and more millionaires, with cities like Austin, Texas, and Scottsdale, Arizona, leading the way. According to the 2023 wealth report by Henley and Partners, these cities are gaining millionaire residents, while larger cities like N
Alexan Springdale, a 251-unit apartment community located on Springdale Road in Austin, has been sold. The property boasts studio, one-, and two-bedroom units that each have an average of 824 square feet. In addition, the complex features a range of amenities such as a pool, fitness center, game roo
Smart Austin Realty Group is excited to share news of the upcoming redevelopment project at the 22.5-acre site located at the intersection of East Riverside Dr. and SH 71. This ambitious project, called East Riverside Gateway, will be a seven-building mixed-use development with residential, office,
Aspen Heights Partners is set to revitalize the former HealthSouth rehabilitation hospital in Austin, Texas. The plans are ambitious, and involve the construction of two 37-story towers at 1215 Red River St. and 606 E. 12th St. These two towers combined will contain 921 apartments, with 25 percent o
Smart Austin Realty Group has recently reported news of Hartland Plaza, a 184,128-square foot office building, being sold. Located at 1717 W. 6th St. on 3.4 acres, the property is equipped with various amenities, such as a four-story garage, lounge, fitness center, salon, onsite restaurant, and conf
Smart Austin Realty Group is pleased to report that Kroger Co has opened a 70,000-square-foot delivery service center at Tuscany Logistics Center in Austin. The Cincinnati-based grocery store chain has signed a six-year lease agreement for the space. Tuscany Logistics Center is a 373,648-square-foo
Smart Austin Realty Group is pleased to report that Baranof Holdings recently purchased a 1,041-unit self-storage facility from KKR, which was represented by CBRE. The facility is managed by CubeSmart and offers 100,417 net rentable square feet of climate-controlled space. At the time of sale, it wa
1107 Jewell Street Unit B, Austin, TX 78704 For Sale $588,600 ($45,400 Price Drop!)Nestled in the highly sought-after Bouldin Creek neighborhood, this charming 2-bedroom, 2-bath home is the perfect blend of modern living and urban convenience. This ADU has privacy fencing and tasteful xeriscaping an
Aspen Heights Partners has gained the approval of Austin's Downtown Commission to move forward with their plans to redevelop the former HealthSouth rehabilitation hospital, located on city-owned land adjacent to Waterloo Park. The commission's unanimous approval of the initial design plans during it
Smart Austin Realty Group is pleased to share the news that Stream Realty Partners has started the construction of the Eastside Commerce Center, a 413,388-square-foot industrial project located on a 60.2-acre site. The facility will offer seven buildings with sizes ranging from 26,440 to 109,572 squ
Smart Austin Realty Group is pleased to announce that Oak Hill Self Storage, a 709-unit facility located in Austin, has been sold to REIT Extra Space Storage. The facility offers 93,813 net rentable square feet of primarily climate-controlled space. The Jenkins Organization was represented in the tr
Beginning June 1, Hines will commence development of Four Seasons Private Residences Lake Austin, a luxurious residential community located in Austin, Texas. The community will offer 179 units in total, across six buildings, with sizes ranging from 1,900-square-foot pieds-à-terres to 3,000-square-fo
AUSTIN-ROUND ROCK HOUSING MARKET SEES MIXED RESULTS FOR JANUARY 2023, WITH EXISTING HOME SALES STRUGGLING AND NEW CONSTRUCTION SURGING CENTRAL TEXAS HOUSING REPORT As we begin the new year, the Austin-Round Rock housing market is showing a continued trend of slowdown in the existing home market whil
Smart Austin Realty Group is pleased to share the news that Stream Realty Partners has begun the Buda Commerce Center, a 986,475-square-foot industrial project in Buda. The development will include five buildings on 70 acres, with buildings featuring 32- to 36-foot clear heights and dock-high loadin
Smart Austin Realty Group is pleased to report that Freehill Development Co. is making progress on an expansive industrial property located at 1310 Westinghouse Rd. in Georgetown, TX. The multi-building project will span 176,546 sq. feet and feature a variety of office, showroom, and warehouse space
Smart Austin Realty Group is pleased to share news that Jackson-Shaw has acquired 67 acres of land at the intersection of SH 130 and Elroy Road. The project will include four buildings with a total size of 602,400 square feet. The largest building will be 207,180 square feet and the smallest 80,365
![New Development Coming to South Congress Avenue in Austin [7900 S. Congress Ave.]](https://res.cloudinary.com/df1fv7hko/image/upload/v1764706772/localteam/localteam/2023_02_Austin-Graham-Developers.jpg)
The LKQ Pick Your Part auto salvage yard at 7900 S. Congress Avenue in Austin, TX will be transformed into a vertical mixed-use development. This new project will include more than 1,200 multifamily units, 210,000 square feet of office space, and a 136,000-square-foot shopping center. Additionally,
Smart Austin Realty Group is pleased to announce the sale of Franklin Park, a 76-unit assisted living and memory care community located at 4155 Teravista Club Dr. in Round Rock. Representing the seller, a partnership between Franklin Park Senior Living and an institutional investor, was Cushman