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Austin, TX Real Estate

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seniorshousingbusiness.com

Ryan Cos., Castletop Capital Break Ground on 222-Unit Community in Austin

AUSTIN, Texas — A partnership between Minneapolis-based developer Ryan Cos. and locally based investment and management firm Castletop Capital has broken ground on a 222-unit seniors housing project in Austin. Grand Living at The Grove will be located within a larger mixed-use development and offer 186 independent living and...
AUSTIN, TX
Builder

Areté Collective to Develop 2,200-acre Thomas Ranch in Texas

In Spicewood, Texas, Areté Collective has announced its initial plans for a 2,200-acre development in the hills of Lake Travis. While serving the westward expansion of Austin, Thomas Ranch will create roughly 3,500 new privately developed housing units across multiple price points and housing types for sale and rent.
SPICEWOOD, TX

Austin's housing market cools but challenges remain

Note: "Typical" refers to the average home value in the middle 30% of estimated home values in a region — and typical home prices are rounded; Data: Zillow; Map: Erin Davis/Axios VisualsThe housing market appears to be cooling in Central Texas, but home prices are climbing in towns that were once considered to be way out in the boonies, per an Axios analysis of Zillow data.Why it matters: People who were priced out during the pandemic may have more options now, but they will likely have to compromise on features, location and mortgage payments.The big picture: The demand for houses...
AUSTIN, TX

Nothing Weird About This Austin, TX Mansion, It’s All Luxury

Over the past few years, Austin, Texas has been one of the fastest growing areas in the United States. While the population growth is a lot to deal with, the reason people want to live there is because it is beautiful and there are lots of high paying jobs. But if you land one of those high paying jobs and can afford this mansion in Austin, Texas you won’t have to worry too much about all of those people moving to the area as this place will give you plenty of space.
AUSTIN, TX

First phase of Pearson Ranch development in Northwest Austin starts with 306-unit apartment complex

Vertical construction of a new apartment complex in the Pearson Ranch development site began Dec. 8. (Courtesy Inspire Development) Vertical construction on a 306-unit multifamily apartment complex has started at the site of Pearson Ranch, a $2 billion mixed-use project bringing office space, retail, restaurants, hotels, housing and more to Northwest Austin.
AUSTIN, TX
themreport.com

Home Prices Rapidly Cooling in Former Booming Markets

At a rapid pace, primarily in pandemic boomtowns including Austin, Texas; Phoenix; and Boise, Idaho as high mortgage rates and an erratic economy has deterred potential buyers. In the Austin, Texas region, the median price per square foot was up 1.3% year-over-year in October, which is down from approximately 24%...
BOISE, ID
realtrends.com

From hot to not: the Austin housing market saga

It wasn’t that long ago that Austin, Texas was considered the hottest housing market in the country. “I’ve never experienced anything like what we did from the middle of 2020 through March of 2022 and I wasn’t alone. Realtors all over were saying the same thing,” Scott Michaels, a local Compass agent, said. “You just did what you could to keep yourself healthy and sane.”
AUSTIN, TX
Building Design & Construction

Austin's new 80-story multifamily tower will be the tallest building in Texas

Recently announced plans for Wilson Tower, a high-rise multifamily building in downtown Austin, Texas, indicate that it will be the state’s tallest building when completed. The 80-floor structure will rise 1,035 feet in height at 410 East 5th Street, close to the 6th Street Entertainment District, Austin Convention Center, and a new downtown light rail station.
AUSTIN, TX
multifamilybiz.com

TSB Realty Closes Sale of Five-Property Student Housing Portfolio Totaling More Than 1,600 Beds in Austin and Charleston Markets

PAOLI, PA - TSB Realty, LLC successfully completed the sale of a five-property student housing portfolio totaling more than 1,600 beds. Harrison Street, one of the leading investment management firms exclusively focused on alternative real assets, sold the properties to a joint venture of Global Student Accommodation (GSA) and Morgan Stanley Real Estate Investing (MSREI).
AUSTIN, TX

A 3,500-home subdivision is sprouting up in Texas Hill Country

Construction is set to begin next year on a 3,500-home subdivision on a ranch fronting Lake Travis, the latest batch of homes to blanket Austin's western flank.Why it matters: Suburban sprawl continues virtually unabated in the environmentally sensitive Hill Country.What they're saying: The Areté Collective — developers of the planned Thomas Ranch subdivision — say their project will feature "sustainability as a foundational pillar.""While the last generation was about what you build, this generation is focused on what you preserve," Rebecca Buchan, CEO of Areté Collective, said.Details: The homes, for rent and sale, will be built on the 2,200-acre ranch...
AUSTIN, TX
luxury-houses.net

Listed For $7.95 Million, This Majestic Lake Travis Waterfront Estate In Austin Makes You Overwhelm With Exquisite Finish Out And Panoramic Lake Views

211 Costa Bella Drive Home in Austin, Texas for Sale. 211 Costa Bella Drive, Austin, Texas offers you an architectural masterpiece with an exquisite finish out, and finest craftsmanship in detail, making you stop and stare for dramatic panoramic lake views and epic sunsets. This Home in Austin offers 6 bedrooms and 8 bathrooms with over 9.261 square feet of living spaces. To know more about 211 Costa Bella Drive, please contact Monica Fabbio (Phone: 512 575 3644) at Compass RE Texas, LLC for full support and perfect service.
AUSTIN, TX
KSAT 12

How Austin’s housing crisis has shaped the race for a new mayor

Sign up for The Brief, our daily newsletter that keeps readers up to speed on the most essential Texas news. In the race for Austin’s next mayor, the capital city’s dire housing affordability crisis has taken center stage. Virtually no corner of Texas has gone untouched as rents...
AUSTIN, TX

Austin deals with growing pains of being rare real estate ‘supernova’

If the last decade of booming real estate growth has earned Austin the designation of being one of four “supernova” markets, according to the national Urban Land Institute (Nashville, Raleigh/Durham and Charlotte being the others), then the onset of an expected slowdown will likely come with an increase in growing pains related to affordability, infrastructure and changes in the labor market.
AUSTIN, TX
realtytimes.com

Home Delistings Hit Record High in November as Buyers and Sellers Retreated

Redfin reports pandemic boomtowns including Sacramento, Austin and Phoenix saw the biggest jump in delistings as prohibitively high housing costs dampened buyer demand. A record 2% of U.S. homes for sale were delisted each week on average during the 12 weeks ending Nov. 20, compared with 1.6% one year earlier, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. That share has come down a touch since then, declining to 1.9% during the 12 weeks ending Nov. 27, which include the Thanksgiving holiday.
AUSTIN, TX
fortworthinc.com

Fort Worth-Based M2G Ventures Expands to Austin

M2G Ventures, a Fort Worth-based real estate investment and development company, has appointed Brett Zimmerman as principal of the firm’s new Austin office. Zimmerman will lead M2G’s platform in Austin, San Antonio, and the surrounding Central Texas markets, while focusing on the firm’s primary investment strategies of industrial and mixed-use.
AUSTIN, TX

Austin named the No. 4 best U.S. market for homebuyers in new report

After unprecedented price growth, super low inventory, and a buying frenzy throughout the pandemic, reports show that the once red-hot Austin housing market has begun to stabilize. Now, it has a new title as we head into the new year: one of the best U.S. markets for buyers.A report released November 30 by home finance technology company Knock ranks Austin No. 4 among the top 10 buyers' markets in the U.S.For its index, Knock measured the ratio of average sale to asking price, number of homes sold, number of active listings, median days on market, median sale price, and the...
AUSTIN, TX