❤️ AUSTIN Real Estate Blog

 Crunching the Numbers for Homestead Exemption Savings

Here's your friendly annual reminder from Austin House Company about your homestead exemption. If you want to take advantage of tax savings, you'll need to apply for a Homestead Exemption if you occupy the home you purchased last year as your primary residence. You can file fo the Homestead exemption between January 1st and April 30. We've listed some important information about the Homestead Exemption below.

Homestead Exemptions

There are different criteria that you need to meet in order to qualify for a Homestead Exemption. Click here to read about some of the details surrounding the Homestead Exemption process.

EXEMPTIONS OF 65+ & Those WITH DISABILITIES

There are some additional details relating to those over 65 or with disabilities

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There's so much to do in Austin in the month of December, get out there and enjoy this beautiful town!

Austin Gingerbread House - Chirstmas!

Here's a full list of what Austin has to offer this Winter:

  1. Elgin Christmas Tree Farm | Nov 26 – Dec 18: Take the family out this year to hand pick your Christmas Tree at an actual Tree Farm. In addition to getting a tree, you can enjoy a scenic hayride, animals, crazy maze & playground.
  2. Texas Hill Country Regional Christmas Lighting Trail (various cities) | Nov 28 – Jan 1: 10 different communities in the Hill Country are participating on the trail this year and have events planned every weekend from Thanksgiving until Christmas. Some of our favorites include the Christmas Walkway of Lights in Marble Falls and Main Street Bethlehem in
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SOUTH CONGRESS POCKET LISTING

2020 South Congress AVE #2212, Austin, TX 78703 - $210,000

South Austin Condo Custom Paint

We have a beautiful condo in the heart of the vibrant South Congress District available for sale. This corner unit is on second floor with quick access to the courtyard, parking and of course everything South Congress has to offer. This unit has been updated with fresh custom paint, updated fixtures throughout, custom built-ins, a european washer/dryer and updated bathroom.. Community amenities include a private pool, steps from South Congress Avenue, fitness center and courtyard. Blazing fast internet with Google fiber is also available. This is an amazing investment with great proximity to Downtown Austin with ability for 6 month leases and a world class

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Incredible panoramic views of Lake Travis from one of the highest points in the Austin area. Large level building site at the top of the hill can adapt any style of architecture. This is the place to build your dream! The site has been partially cleared and is located in a gated enclave of luxury homes. Located near Riviera Marina, The Oasis, Four Points and zoned for sought after Leander ISD schools. This is a very unique opportunity at almost 14 acres with views, proximity an great schools.

 

 

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Buyers shopping in the Austin area this Fall can really save big. Here's why:

Market Activity in Austin's Residential Market

 

Market Activity in Austin's Multi-Family/Investment Market

 

A couple things to notice here are the increased number of price reductions in the Residential market and the more balanced market of Multi-Family listings. RTeh price reductions in the residential market were even more staggering over the last 90 days. Some say it's the election year stigma, and others blame it on "back to school" syndrome, but whatever the case may be, Austin has definitely seen a lull in the residential market. These charts show that Austin investors have been able to take advantage of  the soft market and snatched up property

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The Gutierrez Team recently helped clients purchase a Highland Home in Travisso, a new construction neighborhood in Leander, TX. This isn't the first time we've worked with Highland Homes, but we were able to dig a little deeper into what makes Highland Homes different from most of the other large builders in the Austin area. 

Highland Homes is led by a brother and sister that started the company in Dallas, TX. So they are a homegrown Texas product. In their first year as Highland Homes, they built 13 homes. Today they build 2800 homes annually in the Texas Region. They've obviously grown substantially in their short history and recently, the owners of the company decided to sell the business. They sold the business to their employees!

In our

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Lake Travis, and Central Texas in general, have seen the ebb and flow of lake levels over the years. In the years past we experienced drought and water supply issues that left many waterfront residents without lake access. Thanks El Niño and efforts put into place by the LCRA, Lake Travis is full again, and many Central Texas Lakes are also back to "normal."

We'd like to highlight one of our listings that has seen the drastically low lake levels experienced during the height of the drought, and has now made a full turn back to prime Austin Waterfront Real Estate.

This amazing property is currently listed at a poultry $285,000, which is a very low number when compared to other waterfront acreage, or even non-waterfront property in the Four Points

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Photo & Listing Credit: Scott Hayes of Realty Austin.

With the Austin Real Estate Market holding steady (that's an understatement), more and more new homes are being built in the area. Central Austin is widely know for it's Mid-Century Modern, Craftsman and Victorian architecture. Downtown has become the land of the high rises with more and more "cranes in the sky" every day. Then there's West Austin and the Hill Country, where the ever popular Tuscan Villa style and Texas Ranches are being replaced by Hill Country and Ultra Modern Homes. It's definitely an interesting time to be an Austenite and even more so if you're shopping for a new construction spread in West Lake Hills or perhaps an old world charmer in Hyde Park.

 

Israel Gutierrez

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We're all aware that Austin has been booming and continues to boom.  As time passes and the Austin Metro continues to grow, land availability continues to dwindle. This is especially true of parcels available for single family homes with lake amenities like lake views and water access on Austin's most popular lakes including Lady Bird Lake, Lake Austin and Lake Travis.

For these reasons, my amazing listing which features 14 acres of untouched hill country with panoramic Lake Travis views is such a rarity. 8220 Lake Mountain Lane is available for $699,900. It is located near the famed Oasis, which boasts the best sunsets in Texas. The 14 acre residential lot is tucked away in an exclusive gated subdivision, which features Leander ISD schools, prime

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