THE AUSTIN READING ROOM
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AUSTIN –1 Hotels announced plans to open a luxury hotel within a 74-story tower being constructed at 98 Red River St. The hotel will consist of 251 rooms. The mixed-use tower will also house 352 apartments and 686,000 sf of office space. Dallas-based Lincoln Property Company and San Antonio-based Ka
BASTROP – Cannabis company Texas Original Holdings LLC has sold its new headquarters facility in Bastrop in a sale-leaseback arrangement. Innovative Industrial Properties Inc. acquired the property for $12 million. The 85,0000-sf industrial and hybrid greenhouse facility is currently under construct
MANOR – Developer Butler Family Partnership Ltd. has begun securing approvals for Manor Crossing, which would bring 95 acres of living and shopping space to the city. Located at the corner of US 290 and FM 973, the development will have 600 multifamily units and 425,000 sf of commercial space. The p
AUSTIN – California-based Pacific Hospitality Group is renovating the 190,000-sf Hotel Granduca Austin. Located at 320 S. Capital of Texas Hwy., additions coming to the 194-room hotel include a spa, redesigned signature restaurant, and renovated pool deck and lobby. The project will wrap this fall.
AUSTIN – Austin-based Sabot Development Ltd. and Oklahoma-based American Residential Group Ltd. have broken ground on Lakeline Station Apartments at 13621 and 13701 Lyndhurst St. The development will have 378 one-, two-, and three-story units and 7,184 sf of retail space. The location is within walk
AUSTIN – OHT has begun phase-one construction on a 37-acre site that will house two multifamily communities totaling 750 units. The site is at 10801 Wayne Riddell Loop in south Austin. The first community, Lenox Woods, will comprise 402 one- and two-bedroom units. It will have two resort-style
AUSTIN – Gensler has completed the repositioning of Fifth + Tillery, a 188,000-sf Class A office building at 3100 E 5th St. The owner is CIM Group, who acquired the former industrial facility in October 2019. The property has outdoor balconies, a landscaped courtyard, and various outdoor amenities.
AUSTIN – RREAF Communities has acquired 3,173 acres for a master-planned development. The site is at the intersection of SH 130 and SH 80 in Caldwell County. Plans include thousands of residential homes, retail, restaurants, hotels, offices, healthcare, and light industrial. RREAF will offer singl
AUSTIN-ROUND ROCK MSA INVENTORY IMPROVES WHILE CLOSINGS REMAIN ROBUST CENTRAL TEXAS HOUSING REPORT AUSTIN, TX — According to the Austin Board of REALTORS® May 2022 Central Texas Housing Market Report, active listings experienced triple digit percentage growth year over year and inventory rose to ove
WASHINGTON – The Federal Reserve has raising its key interest rate by three-quarters of a point—its largest hike in nearly three decades "The increase is in response to continued high inflation," said Dr. Harold Hunt, research economist with the Texas Real Estate Research Center. "This is intended
AUSTIN – In a joint effort, VCP and Vaultcap Partners have acquired Huntington Meadows at 7000 Decker Ln. VCP and VaultCap have now collaborated on three purchases in Texas. The 200-unit complex comprises one-, two-, three-, and four-bedroom units ranging from 672 to 1,239 sf. Amenities include a p
KYLE – A partnership between Alliance Industrial Co., Kyle Economic Development, and the Greater San Marcos Partnership is moving forward with plans for a one million-sf speculative industrial project. Kyle/35 Logistics Park will comprise five facilities ranging from 140,000 to 475,000 sf. Featu
AUSTIN – Heartwood Real Estate Group is planning a 72,400-sf affordable housing complex at 1418 Frontier Valley. The site was originally zoned for mobile homes, but due to the Affordability Unlocked Development Bonus Program, denser multifamily housing is being allowed. Of the 101 units planned, 51
AUSTIN – Bishop Momo, a mixed-use project offering multifamily housing and retail space, is coming to Austin's St. Elmo district. The project will combine 5,840 sf of street-level retail space with 274 studio and one- and two-bedroom units. Ten percent of units will be allocated for low-income famil
SAN MARCOS – Hill Country Studios is planning a $267 million film and tv production center. Once complete, the studio will be the largest of its kind in Texas. The facility will house 310,000 sf of modular office and workshop space. In addition, it will have 15 acres of outdoor production space and
AUSTIN-ROUND ROCK MSA MARKET REMAINS COMPETITIVE AS HOME SALES DIP IN APRIL CENTRAL TEXAS HOUSING REPORT AUSTIN, TX — April residential home sales decreased across the Austin-Round Rock MSA for the second month in a row according to the Austin Board of REALTORS® April 2022 Central Texas Housing Ma
3735 Indian Point Dr, Austin, Texas 78739 SOLD FOR $850K | ASKING PRICE $775K Excellent opportunity to own a wonderful 3/2 home in Shady Hollow. The home sits on an immaculate property that backs to a green belt with a lot size of nearly an acre of land. In the yard, there is a […]
10 Lots for Sale (11.34 acres) in Butterfield, El Paso, TX 10 Lots for Sale Lot Size (acres) A 1.02 B 0.28 C 0.34 D 0.34 E 0.34 F 0.34 G 0.34 H 0.34 I 0.29 J 7.73 Less than 1-mile to Montana Avenue. 25 minutes to El Paso International Airport 33 minutes to Downtown […]
TBD Kovar Road, Smithville, TX 78957 10.1+ ACRES FOR SALE | $275K 47 Acres in Bastrop county to be subdivided as TBD Kovar. The available track is 10.1+ acres. – Minimal Deed Restrictions – Acqua Water Supply Corporation Zone 1 – Electric Onsite – Bluebonnet Electric Coop – Flat & Developable – C
AUSTIN-ROUND ROCK MSA First Quarter 2022 Executive Summary Metro area sales volume decreased 1% to 8,182 transactions. Median price increased 25.9% year-over-year to $500,000. 2022 Q1 months inventory for all residential properties rose 44.1% year-over-year to .5 months. Metro area residential prope
MARCH HOME SALES DECLINE AND INVENTORY TICKS UP AS HOME PRICES SET RECORDS ACROSS MSA CENTRAL TEXAS HOUSING REPORT AUSTIN, TX — The Austin-Round Rock MSA experienced a decline in residential home sales, while a slight increase in housing inventory coincided with a new all-time record for median sa
Anyone living in Austin, Texas, knows most of the year is hot and dry. So how do Austinites beat the heat and still enjoy the outdoors? Pools, hammocks, sunscreen, shade, and swimming holes. Austin is well known for its beautiful lakes in the surrounding areas. But, if you're looking to check out a
AUSTIN-ROUND ROCK MSA HOUSING MARKET POSTS STRONG FEBRUARY, MARKET POISED FOR BIG YEAR CENTRAL TEXAS HOUSING REPORT AUSTIN, TX — According to the Austin Board of REALTORS® (ABoR) February Central Texas Housing Report, closed listings increased 11.3% year over year to 2,581 sales across the Austin-
A visit to Texas is never complete without visiting its capital, Austin. The City is full of lively events, delicious cuisines, and stunning art galleries. It’s also among the exciting destinations in the U.S due to events like Austin City Limits and countless live music venues. As the popularity o