Just as an FYI, if this happens to be in The Sycamore, it went into foreclosure in September of last year. They sold 11 of the 26 units since then to opportunistic buyers (most immediately after the foreclosure recorded deed date). The remainder appear to be held in the name of the company that bought the place out of foreclosure. Looking at the public records for mortgages on those 11 units, value is in the range of $195K to $220K depending on location in the complex. Getting a mortgage on a condo complex where more than half the units are owned by a single entity could be very difficult. This would not generally comply with Fannie Mae nor Freddie Mac guidelines for underwriting. it would also put total control of the HOA into the hands of the largest ownership block (the single entity that appears to own title to 15 of the units), meaning you would not have any say in decisions reached by votes of the members of the HOA.
If you need more info, call me.
I've lived in the area of S. 5th and Cardinal for over 5 years and have a personal investment property for the last 3 years a block from St. Edward's. We haven't been overly concerned or bothered by crime but it's something you should check out for yourself, echoing the advice of other respondents - drive by at various times of day, check out the websites mentioned, and talk to neighbors. Crime happens everywhere but you can do a lot to prevent becoming a victim (lighting, locking cars & doors, security systems, aware of surroundings, and getting to know your neighbors.)
VOX Real Estate, LLC
Let me know if you have any questions. Good Luck!
Sean Graff, REALTOR
Here is one site: https://www.ci.austin.tx.us/police/zipcode/zipcode.cfm
Drive by at different times of the day/night to see the area activity.
Crime happens in all neighborhoods. Invest in a security system if you do purchase. Again, talk
to your Realtor. We have resources to offer.
I second Steven's advice of visiting http://www.ci.austin.tx.us/police/crimeinformation.htm for more information. It is a very detailed site and should answer your concerns.
Certainly, your agent should be able to provide resources for these and other concerns or questions you have about this or any other area in which you are searching. If you don't feel that your agent is providing you with the information you need, bring it up. YOU are hiring him/her, and if you are not satisfied or feel that (s)he is not a good fit, I'd seek a second opinion.
But that's just my opinion, and I encourage you to seek others. ;-)
In Austin, Houston, Dallas...every big city. Check with APD to get the details, but I'm sure there are occasional muggings of drunks walking back from bars, windows knocked out of cars, etc. Probably not that many home invasions, especially while you are at home. Murders and kidnappings are most likely between friends and family, etc. I just wouldn't expect if you leave your ipad on the park bench that a street person picks it up and tries to get it back to the rightful owner.
of your site and sleep well. If I can be of service please contact me at email@example.com, the home of buyer rebates & 4.5 listing
Check out: http://www.ci.austin.tx.us/police/crimeinformation.htm
Also, let me know if you need any other detailed analysis regarding price, activity, etc as I do a lot of work in the area.
Please feel free to contact me anytime.