Market Conditions in Austin>Question Details

Daisy, Real Estate Pro in 70112

What are the most desired location in Austin for real estate, and what neighborhods are up and coming?

Asked by Daisy, 70112 Thu Apr 28, 2011

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9
Daisy,

All the below answers are great. I can only add that I have had a real increase in requests for the Liberty Hills area now that the toll road goes out there....not "Austin", but seems to be a place of interest of late for some Austinites.

Good luck!
1 vote Thank Flag Link Fri Apr 29, 2011
Daisy,

That is a very subjective question.

If your asking for 'most desired' in terms of highest values, then your talking close into down on the west side of downtown or in Westlake (78703 / 78746 / 78731).

If your looking for an up & coming trendy area, I'd suggest 78702 (the new 78703 / 78704)

If your talking rental communities, then your talking University Area.

Otherwise, it's just a matter of your lifestyle, price range, school quality, distance to employment centers & entertainment districts, etc.

Good luck.

Scott Butcher
Mortgage Banker
Maker Capital Group, LLC
2307 Lake Austin Blvd.
Austin, TX 78703
512-796-7738
scott@makercapitalaustin.com
0 votes Thank Flag Link Thu Apr 28, 2011
What price range? Price ranges are one way to clarify
Web Reference: http://www.ShawnMon.com
0 votes Thank Flag Link Thu Apr 28, 2011
Hi Daisy,

Austin has a lot of desireable locations from master planned communities by the lake to beautiful tree lined neighborhoods with charming older homes close to downtown. As for upcoming areas, my opinion is just south and east of central Austin. The prices are reasonable, and the homes command a very nice rent in a very short period of time(often time with multiple applications)

Please feel free to visit my website where you can click on a neighborhood from the home page. I would also be happy to provide analysis for you on any neighborhood or home.

Please feel free to contact me anytime.

Steven Nusinow
(512)922-7588
0 votes Thank Flag Link Thu Apr 28, 2011
It appears that you are an investor - there are some good areas for long term investment in the Austin/Central Texas area. One sticker shock that some out of state investors feel when doing an analysis of Texas property is our property taxes, so keep that in mind.

Heather Kight
Keller Wlliams
512-789-1871
heather@heathershomes360.com
0 votes Thank Flag Link Thu Apr 28, 2011
Great question. Also one that takes an involved interactive answer. As a landlord, what investment goals are most important (appreciation, cash flow, occupancy...)? What price range? How long do you expect to hold?

It will be easy to get a lot of opinions. Just be sure you get some experienced help specific to your investment goals. What is important to each investor is unique.
0 votes Thank Flag Link Thu Apr 28, 2011
Hi Daisy,

The short answer would be, It is completely up to what you feel is important to your lifestyle. Every neighborhood has different appeal to different buyers. I would love to find out what your thoughts are. Students at different schools would like to be close to school, obviously. Call me and I would love to talk to you about Austin, TX as a whole.

Wendy Boschert
Coldwell Banker United, REALTOR
1701 Williams Drive
Georgetown, TX 78628
512-484-4200 cell
512-930-2000 Business
cbunited.com/wendy.boschert
wendy.boschert@cbunited.com
0 votes Thank Flag Link Thu Apr 28, 2011
Hi Daisy,

One of the most popular neighborhoods in Austin is Steiner Ranch. The neighborhood has 3 community centers, 3 elementary schools and 1 middle school, the UT golf course, lake access, retail shops, trails, restaurants, and the Steiner Steakhouse. Check out: http://www.steinerranch.com. If you don't already have a Broker, please contact me at 512-695-5144 to discuss your options. Also, here is a video you might like to check out about Austin and my company: http://youtu.be/D3oMEfqXmvI

Sincerely,

Kristee Leonard, Broker
The Leaders Realty, LLC
512-695-5144 Cell
http://www.theleadersrealty.com
0 votes Thank Flag Link Thu Apr 28, 2011
Urban or suburban? If your goal is to get rid of cars and avoid high gas prices, DOWNTOWN is the place to be...
0 votes Thank Flag Link Thu Apr 28, 2011
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