New Homes Section » Austin new homes

New 121 Acre Community Near Lake Travis

Austin Real Estate Guy — Tue, 08 Feb 2011 22:08:02 +0000

Partners in Building picked up at auction a development near Mansfield Dam in the northwest Austin area. With much infrastructure and permitting already in place, the 121 acre site is almost ready for Partners in Building to begin construction of new homes.

Homes to be built will be customizable by buyers and prices will start in the high $400,000 range. Landscaping is being done at the entrance, which is off RR 620 North, and a custom gate will be put in as well.

This development is in a great area. The development is served by Lake Travis ISD schools, which are excellent. The elementary, middle and high schools serving the development are all within 5-15 minutes. Not far northeast on 620 is major shopping with an HEB grocery store, Target, Super Walmart and more just 10 minutes away.

Being so close to Lake Travis and Lake Austin, recreational opportunities abound. Being close to Mansfield Dam, a public boat ramp into Lake Travis is just minutes away. The lake offers boating, water skiing, wakeboarding, swimming, fishing and even scuba diving. A boat ramp for Lake Austin is available at the end of Quinlan Park Rd and the trip 22 miles down the lake to Austin is amazing.

In the other direction are the cities of Lakeway and Bee Cave. Retail, restaurants, medical offices and more are all up and down 620. In Bee Cave, the Hill Country Galleria Mall offers major shopping and the Shops at the Galleria offer another 500,000 square feet of retail. This is all just 10-15 minutes from the new 121 acre community.

In addition, the Lakeway Regional Medical Center is under construction in Lakeway. The medical center will contain a hospital with a Level III Trauma Center, floors for pediatrics, women’s health, surgery and more. In addition, there will be medical office space, a hotel, restaurants and much more at the medical center.

Access from the 121 acres to north, central and downtown Austin is good and drive time isn’t terribly bad in the absence of bad weather. Some of the one-acre home sites will also offer very nice Hill Country views. Overall, this looks like it will turn in to a very nice community.

2010 Austin Real Estate Market Statistics

Austin Real Estate Guy — Sat, 29 Jan 2011 20:38:23 +0000

I was recently asked about Austin real estate market conditions and statistics for 2010 so I did a little research. Below will be 2010 numbers for all residential listings in the Austin real estate market. The following is a breakdown of all residential sales including single-family homes, condos and townhouses.

Price Range	Units Sold	Avg. Sold Price	DOM	% of List
$0-$149,999	6,085	$109,013	65	92%
$150,000-$299,999	8,926	$204,709	72	94%
$300,00-$499,999	3,390	$367,769	81	93%
$500,000-$749,999	917	$574,747	92	92%
$750,000-$999,999	315	$814,651	115	91%
$1 million and up	253	$1,471,098	134	86%

As can clearly be seen, the $300,000 and under price range that saw the most movement. Overall, units sold were down from 2009, but prices were up slightly overall. In the higher price ranges, sales were quite slow and prices dropped in general. This is because so many buyers have been cut out of the Austin market. Some because jumbo mortgages are much more difficult to get and others because they can’t sell a house in another market for the price they want or need.

Sales early in the year through April were pretty good because of the new homebuyer tax credit. After that things really slowed down. Sales close to downtown and in parts of south central Austin were pretty strong throughout the year.

Sales of new homes in Bee Cave, a suburb to the west of Austin, were very hot. Falconhead West saw very strong sales because of several things. One was the low property tax rate. Another was because schools are in the Lake Travis Independent School District and that is one of the strongest districts in the state academically and in other areas. However, resale within the Lake Travis were generally pretty slow.

Sales in master-planned subdivisions like Steiner Ranch and Crystal Falls were fairly good. These communities generally do well because of the amenities and because the production builders building in them can get more aggressive than custom home builders.

Overall 2010 was not a strong year for the Austin real estate market, but it was much better than most other cities in the nation.

Austin Neighborhood Crystal Falls Update

Austin Real Estate Guy — Mon, 02 Aug 2010 17:59:55 +0000

Crystal Falls is a large, master-planned community in Leander, an Austin suburb to the northwest. At around 5,000 acres, Crystal Falls has enough lots to eventually have close to 13,000 homes. The community is in northwest Travis County north of 1431 and west of 183.

With good Leander ISD schools, major employers close by and being located near major transportation, Crystal Falls has a bright future. Residents can get into Round Rock or Austin quickly by taking 1431 to 183A. Also close to Lake Travis, lake recreation is also fairly close to Crystal Falls.

The biggest thing that has happened in Crystal Falls recently was the acquisition of 1200 lots by home builder Taylor Morrison. Taylor Morrison had a large presence in Steiner Ranch, a similar community a bit closer to Austin. This purchase was a huge investment so Taylor Morrison must be pretty high on Austin’s future.

Knowing Taylor Morrison’s success in Steiner Ranch, the developer of Crystal Falls saw a good fit. Taylor Morrison will build 4 new communities within the 440 acres the company purchased. There will be different products at different price points in each community. Prices in the various new communities are expected to be from around $200,000 to $400,000.

As Steiner Ranch sells out, many Austin home buyers looking for a nice master-planned community in an area with good schools will probably turn to Crystal Falls. That could happen over the next several years. Home sales in Steiner Ranch have been brisk this year with 231 homes sold year-to-date and 44 currently under contract.

In Crystal Falls this year, 52 homes have sold in the MLS and 12 are under contract. Not all homes sold will be in the MLS so I do not have true numbers for the number of sales this year. My understanding is that around 1400 homes have been sold in Crystal Falls since it was first developed in the 1990s.

Similar to Steiner Ranch, amenities in Crystal Falls are nice. There is a golf course, there are a number of community swimming pools and swim centers. There are a number of parks and playgrounds for the kids. Crystal Falls also has sports fields, tennis courts and volleyball courts. In addition, there are picnic areas, a fishing pond and a disc golf course.

Click to learn more about Crystal Falls homes and to see homes for sale.

Parkridge Gardens – Attractive Homes at Unbeatable Prices

vinita — Wed, 27 Jan 2010 06:05:39 +0000

Parkridge Gardens, located in the heart of South Austin is Main Street Homes’ newest community. Conveniently located just off I-35, it is minutes from the Austin Bergstrom International Airport and Southpark Meadows shopping center. Local schools, popular shopping areas and restaurants make this community the perfect combination of location and affordability.

There are three models currently available and they start in the mid $160’s; in all, the community offers 15 floor plans for home buyers to choose from starting from the $130s. The single-story homes have three bedrooms and two baths. They feature a combined kitchen and dining room space as well as a room that can be used as a study or converted to a fourth bedroom. Upgrades include an extended porch that creates a gracious entry space and a tub/shower option in the Master bedroom.

The two-story model has three or four bedrooms, depending on your selection and offers many of the same options as the single story. In addition, there is the choice of loft space and an upstairs utility room. The family room is opened to the second floor and the formal dining room can be converted to a study or a fifth bedroom. Each floor plan has been specifically designed to maximize space and give the appearance of greater depth. Exterior designs incorporate many materials and styles to provide a distinguished curb appeal.

Quick Stats:

15 Available Floor Plans
3-4 Bedrooms
2-2.5 Bathrooms
$130s – $180s
Near Shopping, Dining, Recreation and Entertainment
Near major Private and Government Employers
HOA fees $150/year
Property Tax 2.18 per $100 valuation

Sales Agent: Mary Jo Turney
512-685-6690
8529 Chick Pea Lane
Austin, TX 78748
Mon: Noon – 6 pm
Tues – Sun: 10 am – 6 pm

For more information about this Austin, Texas new home community, visit Parkridge Gardens online.

The above information was gathered from www.mainstreethomes.com and is considered accurate and reliable, however, please contact a community sales associate for the most up-to-date information about new homes for sale in Parkridge Gardens.

If you’re interested in this Austin community, you may also want to check out our section of Austin home builders.

Ridge at Paloma Lake by Standard Pacific Homes

Kyle — Tue, 08 Dec 2009 21:31:11 +0000

Texas home builder Standard Pacific Homes has a wonderful master planned community in Round Rock called Ridge at Paloma Lake. Offering eight various floor plans these homes start at $198,000 and go up to $245,000 with square feet ranging from 2,273 to 3,769 with choices of three to six bedrooms. Within the community there are trails and future sites of an elementary school and two amenity centers. The amenity centers will have pools and club houses. The area is close to several shopping options including outlets and nearby many large employers. Standard Pacific Homes: Ridge at Paloma Lake is about a twenty minute drive to the large city of Austin.

The builder likes for their homes to be the output of quality and craftsmanship to enhance people’s lifestyles in various stages. The homes are constructed with several nice features such as three sides of brick on the first floor, six foot picket fence with a gate, irrigation system and Bermuda sod in front and side yard, and numerous trees and shrubs. The homes also have Whirlpool appliances, granite or silestone countertops, oak cabinets and many more features that are not always included in a new home purchase.

For more communties in the area take a look at Ridge at Paloma Lake also by Standard Pacific Homes.

Carriage Hills

RickNHS — Tue, 06 Oct 2009 23:24:07 +0000

Austin, Texas

Carriage Hills is a planned community located in the greater Austin, Texas area with a variety of home designs and floor plans to choose from. These homes offer affordable suburban living with prices ranging from $113,000 to $157,000. The community features playgrounds along with beautiful scenery and views. The community is conveniently located close to Hwy 290 and I-35, giving residents easy access to shopping and recreation, Manor Downs, and Walter E. Long Lake. The Carriage Hills community is located in the Manor Independent School District.

Carriage Hills offers home plans with 3-5 bedrooms, two ten-star home models with all of the amenities, and each plan offers a 2 car garage. Square footage in these homes ranges between 1,374 square feet and just under 2,800 square feet, depending on the floor plan and model that is chosen. The community is actually located in Manor, Texas, but offers convenient and easy access to Austin and all the city amenities that residents could need. This is one of many planned home communities in the Austin area, but is one of the more affordable choices for suburban living with urban convenience.

See more:
Austin Home Builders
Manor, Texas Information
Greater Manor Chamber of Commerce

Austin Community: The Ridge at Alta Vista

Kyle — Mon, 21 Sep 2009 20:29:44 +0000

The Ridge at Alta Vista is located in Austin, Texas and is a single family luxury home community built by Toll Brothers. This community features a clubhouse with a fitness center, wooded landscapes surrounding the community, and many more amenities just a short drive away. The Ridge at Alta Vista is part of the Lake Travis School District, and is only 20 minutes from downtown Austin. The community is just minutes from Lake Travis, and features a gated entry, waterfalls, and granite columns. There is a pool, a tot lot, a tennis court, and plenty of other activities to do around the community to keep anyone busy.

The Ridge at Alta Vista features luxury floor plans with 3500 to 4000 square feet, four bedrooms, 3.5 baths and master suites with all the amenities on the first floor. Each home model is a two story plan, and comes with a two car garage. These homes are priced between $450,000 and $600,000, depending on the features and floor plans that are selected. This community also offers easy access to Route 620, 71, and Lake Austin, which means that entertainment, recreation, shopping, and dining are just minutes away from home for those who live in this community. At this Toll Brother community you can discover the fun and excitement of a fully equipped clubhouse fitness center or relaxing poolside with your friends and family. The Ridge at Alta Vista provides the amenities and lifestyle you’ve been waiting for!

Useful Links:

AustinTexas.org

DownTownAustin.com

HillCountryGalleria.com

More New Homes For Austin

Austin Real Estate Guy — Fri, 21 Aug 2009 18:49:34 +0000

At a time when many people still feel that the Austin real estate market is soft, one builder sees opportunity. Unlike most area builders, who are starting very few speculative homes, D.R. Horton is putting up hundreds of new homes in the Austin area. Most homes will be priced under $200,000 and there is a good reason for this.

The First Time Home Buyer tax credit has had the $200,000 and under price range moving really well in the Austin area. Part of the effect is seeing a reduction in new homes in this price range. With few builders building and supply dropping, Horton seems to be gambling that inventory will continue to decrease.

Even though the market in Austin has slowed, it is still much better than most cities across the country. Even without significant job growth, people continue to relocate to Austin and any of these people are home buyers. People move to Austin for a lot of reasons, with one being the area’s natural beauty.

Horton is probably also taking advantage of how conservative people have become when it comes to spending money. With the national economy in the state that it is, people have reduced spending and this includes purchasing smaller and less expensive homes.

With a drop of almost 63% in new home starts in the Austin area compared to the peak in 2006, Horton’s bet is likely to pay off.