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CENTRAL TEXAS HOUSING MARKET SET PRICE RECORDS, SHIFTED TOWARDS BUYERS IN 2022 CENTRAL TEXAS HOUSING REPORT EXECUTIVE SUMMARY: • In 2022, the median price for a home in the Austin-Round Rock MSA set a new annual record of $503,000, according to the December 2022 and Year-End Central Texas Housing Ma
The Texas Real Estate Research Center's (TRERC) research team has attempted to make predictions for the 2023 economy by utilizing their collective understanding of current economic and market conditions and analyzing past market trends. However, it is essential to note that making economic forecasts
Smart Austin Realty Group is excited to share that Apple will begin the second phase of construction on their Parmer Lane campus next month. The new building, called Capstone Phase Two AC09, will feature four stories and span 203,941 square feet, with an estimated cost of $120 million. It is schedul
Smart Austin Realty Group is pleased to share that construction is set to begin on Paseo, a 48-story, 557-unit multifamily tower in the Rainey Street District in Austin. The project, scheduled to begin in the first quarter of 2023, will offer one-, two-, and three-bedroom floor plans, with approxima
Tesla is making a major expansion to its Austin Gigafactory located at 1 Tesla Rd. The $717 million investment consists of four separate buildings. The largest of these is Cell 1, a 693,093-sf facility. The other buildings are a 423,032-sf Drive Unit, a 321,186-sf Cathode, and a 2,560-sf Cell Test L
Welcome to Austin Local Team's Austin Outdoor Bucket List for 2023! If you're looking for "Stuff to do in Austin" that takes advantage of the city's beautiful parks and natural areas, this list is for you. Here are our top recommendations for the must-see locations in Austin. Take in the Views from
As a first-time home buyer in Austin, Texas, preparing for your home purchase well in advance is crucial. The Austin housing market is known for being competitive, with high demand and relatively low inventory. By taking the time to get your finances in order and research the market, you can increas
Good news for Austin! Apple is investing an additional $100 million into building out its new Austin campus. This is a great sign for the city and its real estate sector, which has been put at risk by big tech employers lately due to the recession and the work-from-home model. Facebook is slimming d
The Fairfield Inn & Suites hotel located at 1250 N. I-35 in San Marcos has been sold. Built in 2015, the 108-unit hotel sits on 2.8 acres and features amenities such as a pool, fitness center, meeting space, and a convenience mart. The seller and buyer were both limited liability companies and
Smart Austin Realty Group is excited to announce that IDI Logistics is developing the Sunrise Commerce Center, a 465,660-square-foot industrial project located at 2380 Oakmont Rd in Round Rock. The project will consist of two phases: phase one will include three buildings totaling 311,000 square fee
In October 2020, Leander, a suburb of Austin, Texas, announced plans for the Leander Springs project. This public-private partnership includes a 4-acre lagoon, up to 1,600 multifamily units, a hotel, and over 1 million square feet of commercial space. The project is being developed by Leander Spring
AUSTIN – DMA Development Co. LLC is developing Arbor Park, a $17 million senior-housing facility. The four-story project will have 147 units for adults aged 55+. Some units will be reserved for tenants making below 80, 50, or 30 percent of the area median income. It will have a large commun
Separate postal ZIP codes, neighborhood names, planning areas and address-specific services before narrowing an Austin home search.
Thinking about investing in residential real estate? You're not alone. For many people, real estate is a reliable and lucrative investment option that offers the potential for long-term growth and a steady stream of passive income. But with so many different investment strategies, it can be tough to
Compare an Austin apartment and rental house using the actual lease, total monthly cost, maintenance responsibilities, space, access and flexibility.
As a homeowner, tracking the value of your home is an essential aspect of managing your most significant financial asset. The value of your home can substantially impact your financial security and stability, as well as your ability to make important decisions about your living situation. That's why
AUSTIN – Seattle-based Security Properties Inc. has purchased the Brightleaf at Lakeline multifamily community from Lakeline ATX LLC. The Class A project, which delivered in 2022, is near Lakeline Mall at 14115 N. US 183. The community has 304 one- and two-bedroom apartments averaging 880 s
Searching for a home to purchase can be a complex and time-consuming task, but with the right tools and resources, it can also be a rewarding and exciting experience. At Austin Local Team, we understand the unique challenges and opportunities buyers face when searching for a home, and we are here to
Introduction: Buying a home in Austin as a foreigner can be complex and confusing. Still, with the proper guidance and resources, it can also be a rewarding and exciting experience. At Austin Local Team, we understand foreign buyers' unique challenges and opportunities when purchasing property in th
If you're planning to sell your home in Central Texas, you'll want to be as prepared as possible to get the best price. One tool that can be helpful in this process is a net sheet, which is a document that provides an estimated breakdown of the costs and proceeds of a home sale. Here's […]
If you're planning to sell your home in Central Texas, you'll want to do everything possible to maximize your net profit. After all, selling your home is likely to be one of the most significant financial transactions you'll ever make, and you'll want to ensure you get the best possible price. Fortu
AUSTIN – Apple has filed plans for another project within its three million-sf Parmer Lane campus. The project, called Capstone Phase 2 AC12, will be a 33,000-sf multi-story building. It will cost around $22 million. Construction begins Oct. 1, 2024, and will wrap up in August 2025.
MANOR – DD&B Construction has purchased a 13.2-acre multifamily development site within the Las Entradas master-planned project. The project will have 200 units and 20,000 sf of retail space. Avison Young represented the seller, Las Entradas Development Corp. DH Realty Partners represe
AUSTIN – Presidium has broken ground on Presidium Tech Ridge, a 358-unit multifamily project on 14 acres at 1210 Tech Ridge Blvd. The project will have studio and one- and two-bedroom floor plans. Amenities include a pool, fitness center, game room, coffee bar, theater lounge, gold simulator,