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AUSTIN-ROUND ROCK MSA HOME PRICES STABILIZING CENTRAL TEXAS HOUSING REPORT AUSTIN, TX — According to the Austin Board of REALTORS® October 2022 Central Texas Housing Market Report, median home prices across the MSA continued their recent trend of more stable and sustainable appreciation even while h
ROUND ROCK – The St. David's Round Rock Medical Center at 2400 Round Rock Ave. is receiving a $53.1 million expansion that will add two floors to the hospital. Additions will include a 34-bed patient care unit, four operating rooms, and support spaces. Once complete, the hospital will have five
AUSTIN – Atlanta-based MDH Partners LLC is developing MDH Logistics Center, a 215,000-sf industrial project at 4777 E. SH 71. Construction on the $16 million project begins in April 2023 and wraps up in November 2023. ADB Design Services is the designer.
AUSTIN – O-SDA Industries is developing Saison North, a 116-unit affordable housing project at 10010 N. Capital of Texas Hwy. The complex will have one-, two-, and three-bedroom floor plans. Seventy-six units will be reserved for residents earning up to 30, 50, and 60 percent of the are
AUSTIN – Wayfinder Real Estate LLC has begun work on Lookout, a 241-unit Class A apartment and townhome development at 13059 Four Star Blvd. The 231 apartments will come in one-, two-, and three-bedroom floor plans ranging from 568 to 1,522 sf. The ten townhome units will each be 1,547 sf with
AUSTIN – Sixth & Guadalupe, a 66-story residential and office tower at 400 W. Sixth St., has topped out. The tower will have 349 apartments in studio and one- to three-bedroom floor plans and as 24 penthouses. There will also be 589,000 sf of Class A office space across 19 floors. Ka
ROUND ROCK – The Medve Group has acquired Parkwood Terrace, a 144-unit multifamily complex at 1201 E. Old Settlers Blvd. Parkwood Terrace has one-, two-, and three-bedroom units ranging from 777 to 1,300 sf. Amenities include a business center, fitness center, clubhouse, and pool. Institutional
AUSTIN – Legend Communities has broken ground on the first phase of The Square at Lohmans, a mixed-use development at 1931 Lohmans Crossing. The project will have residential office, retail, restaurant, and hotel space. Residential offerings will include 150 homes of various offerings and 21
AUSTIN – Big V Property Group has acquired Southpark Meadows I & II, a 938,103-sf shopping center at 9600 S. I-35. The center was 95 percent leased at the time of sale. Tenants include Target, HomeGoods, Marshalls, Ross, Hobby Lobby, Burlington, Dave and Busters, Pluckers, Five Below, and
KYLE – Builders FirstSource Inc. is developing Project Shamrock, a 47,000-sf office and warehouse project. The $16 million development will be on 14 acres along I-35. Construction begins early next year and will wrap in July 2023.
AUSTIN – High Street Residential, MSD Partners, and River Street Partners have broken ground on 700 River, a 43-story, 377-unit residential tower. The 400,000-sf building at the intersection of River St. and Rainey St. will include 3,400 sf of ground-level retail and 30,000 sf of amenity space.
SAN MARCOS – Belvoir Real Estate has purchased Interstate Business Park, a 124,032-sf industrial facility at 1942 S. I-35. The facility has 16-ft clear heights, 11 dock doors, 147-ft truck depths, and 65 parking spaces. JLL represented the seller, Live Oak. Tenants in the fully leased bui
CEDAR PARK – Work will begin early next year on a public library in the Bell District. The library will have a classroom, teen area, adult quiet space, multipurpose room, reading room, low-tech maker space, high-tech maker space, and group study rooms. Lake Flato Architects is the project de
AUSTIN – Mobile Loaves & Fishes has started on a 127-acre expansion to its Community First! Village at 9301 Hog Eye Rd. The expansion will add 1,400 homes to the master-planned community. Move-ins will begin in 2025. Community First! Village currently houses nearly 400 residents, most o
AUSTIN – The NRP Group has broken ground on The Bridge at Estancia, a 318-unit multifamily complex at 820 Camino Vaquero Pkwy. The $70 million project will have one- to four-bedroom floor plans. All units are reserved for residents earning less than 60 percent of the area median income. A
AUSTIN – StreetLights Residential has started on The Maris, a 276-unit multifamily project in the Presidio development. The Maris will have studios and one- two, and three-bedroom floor plans ranging from 517 to 1,684 sf. Amenities will include a pool, fitness center, game room, and coworking
HUTTO – SPI Advisory has purchased Skyview North, a 336-unit multifamily community at 295 CR 138. The property has one-and two-bedroom floor plans ranging from 830 to 1,174 sf. Amenities include a pool, fitness center, clubhouse and playground. [
New Construction homes, what are the benefits? What are the cons? Join us as we discuss the pros & cons of purchasing a new construction home. Watch on youtubeSo if you're in the market for a new build home, there are advantages and disadvantages of purchasing with the builder. The advantages look l
BUYERS GAIN LEVERAGE IN AUSTIN-ROUND ROCK HOUSING MARKET AS SALES DECLINE, PRICE-GROWTH SLOWS CENTRAL TEXAS HOUSING REPORT AUSTIN, TX — In September, the Austin–Round Rock MSA housing market continued to return to normal activity with more available supply and a softer appreciation of home price gro