Home Buying in Austin>Question Details

Kevin Colonna, Home Buyer in Austin, TX

What kind of investment opportunities -commercial/residential- could there be for properties surrounding the expandiing Mueller development?

Asked by Kevin Colonna, Austin, TX Mon Aug 20, 2012

I'm noticing commercial development signs, instead of the old for sale signs popping up along Manor and 51st. Will this area heat up now that Mueller has started expansion which will move East and border this area?

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John Crowe’s answer
Don't think you'll gain much by contacting the planning office, as it's more subjective. What do I believe? Development of an area that has seen better days typically brings a feeling of rejuvenation. The result is neighboring properties become more interesting. Investors update houses, builders construct new homes and condos and a new group of owners buy into the neighborhood. The commercial market is typically the first hit by a recession and the last to recover. Austin is on another growth spurt, so I'd expect to see more signs - both the 4x6 corner markers and the more obvious demolition (see NW corner of North Loop & Lamar).
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0 votes Thank Flag Link Mon Aug 20, 2012
Talk to Garreth Wilcox at Sherlock Homes Austin. He knows that area better than most. (512) 948-3731
0 votes Thank Flag Link Sun Nov 25, 2012
Recommend contact planning office for city in those particular areas.

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0 votes Thank Flag Link Mon Aug 20, 2012
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