Why Buy In Austin?

Why Buy In Austin?

[ Sidenote from Joe: The fine folks at Trulia reached out to the Home Style Austin team to collaborate on a post that addressed the home buying climate in Austin. I provided them with three Austin neighborhoods most envied and sought-after by my clients. Enjoy the findings! ]

Post by Jennifer Riner, Trulia

After years of renting, you might be inclined to allocate your savings toward a home purchase. Current high rental prices across the U.S. combined with boosting homeownership aspirations amongst many Americans create a conversation hard to ignore.

In a Trulia survey conducted by Harris Poll last December, 75 percent of Americans said they dream of owning a home one day, with 80 percent of millennials sharing the same sentiment. Nonetheless, 22 percent of Americans are concerned of potential rising mortgage rates.

Austin: A market to watch for 2016

Along with the stats, Trulia provided predictions on the 2016 housing market to assist upcoming buyers. In that, economists pointed out Austin as the third hottest housing market to watch this year, based on five factors:

  • Employment growth last year
  • Low vacancy rates
  • Affordability
  • High inbound home searches and
  • A large share of millennials molded the top ten list.

Austin stole the third spot primarily due to two elements: a high number of young residents and job expansion.

With 80 percent of millennial Americans dreaming of owning a home – a third of whom plan to buy by 2018 – and Austin being an increasingly important city for young professionals, buying a home in Austin is a hot topic. Especially as the average home price in Austin is sitting in the affordable $250,000 to $300,000 range. In addition mortgages in Austin are 3.54 on a 30-year fixed rate, slightly lower than the national 3.56 rate. But, some economists forecast a rise in the near future, as Trulia’s survey respondents anticipated, so locking down a prime rate now is key.

Choosing Austin isn’t necessarily a difficult decision, but Austin is a diverse city and neighborhood prices reflect its variety. Consider the following enviable Austin areas and their median price points, demographics, crime rankings and schools to help scope the market.

803 Kinney Avenue, Austin, TX 78704  |  List Price: $824,900

803 Kinney Avenue, Austin, TX 78704  |  List Price: $824,900

ZILKER

Zilker is a neighborhood in south central Austin best known for the Zilker Metropolitan Park, a 351-acre haven with a spring-fed pool, Botanical Gardens, Nature and Science Center, Zilker Hillside Theatre and Umlauf Sculpture Garden and Museum. The average list price on homes for sale in Zilker is $862,671, a 9 percent week-over-week drop as of March 2016. Compared to the rest of Travis County, crime rates in Zilker are low. In Zilker, 59 percent of residents are single, with 55 percent homeowners and a median age of 35 years old. The median household income across all age groups is $78,403, and 73 percent of residents are college educated.

1516 Wildcat Hollow Austin Texas 78746 | List Price: $2,088,000

1516 Wildcat Hollow Austin Texas 78746 | List Price: $2,088,000

WEST LAKE HILLS

Also in Travis County, West Lake Hills homes are some of the most expensive in the greater Austin region. The average list price is $2,553,927 based on 25 homes for sale, and the median household income is $155,441 per year. Just 17 percent of residents are single and 89 percent are homeowners. The median age of residents in West Lake Hills is 45 years old. Schools in West Lake Hills are top-rated, with Eanes Elementary and Forest Trail Elementary scoring a 10 out of 10 on Trulia’s ranks. Valley View Elementary scored a 9 out of 10. There were 14 counts of theft, 13 counts of assault and 11 counts of burglary in West Lake Hills over the past year.

107 Laura Lane Austin TX 78746 | List Price: $1,980,000

107 Laura Lane Austin TX 78746 | List Price: $1,980,000

ROLLINGWOOD

Rollingwood is an affluent area just 15 minutes west of Downtown Austin. Home prices on real estate in Rollingwood are high with an average list price of $1,907,500 and a correspondingly elevated median household income of $155,441 per year. Just 17 percent of residents are single and 99 percent are homeowners, with a median age of 45 years old. Crime in Rollingwood is extremely low, with just two counts of arrest and one count of vandalism in the past year. Both Rollingwood and West Lake Hills overlook Red Bud Isle Park, a 13 acre recreational park flanked by the Colorado River that is popular with nature lovers who enjoy hiking, canoeing and kayaking. Red Bud Isle is also one of Austin’s 12 prized off-leash dog parks.

Red Bud Isle Park, Austin Texas

Choosing a neighborhood in Austin or the surrounding suburbs will largely depend on your budget and lifestyle, and contacting an established agent to help you in your search is part of being a smart buyer. To help find a home in Zilker, West Lake Hills, Rollingwood and beyond, contact Joe Paul Reider of Keller Williams Realty.

 

The New Keller Williams Real Estate Mobile AppFree Real Estate App: If you’re home hunting, download my free and powerful Keller Williams real estate app – it’s chock-full of features!

  • Text “KWCP11X” to 87778 to download (this is the easiest method)
  • Or visit this link with more details and to download http://bit.ly/kw-mobile-app

 

Please Note: All listing information for homes currently for sale in these neighborhoods is deemed reliable but not guaranteed. Data and availability is accurate as of March 28, 2016 and subject to change.

Austin’s Dog Friendly Hangouts

A Lab Sitting In Bluebonnets, Brushy Creek Regional Trail (Austin)You + Them = Best. Time. Ever!

As an avid dog lover, I’m often searching for places where I can hangout with my four-legged friends. I decided to put together this list of homegrown places where we’ve had a tail-waggin’ good time.

I’ll keep this list updated, so you might want to bookmark this page for future fun times!

Austin Beer Garden Brewing Co. (ABGB) – One of our most favorite beer gardens. A great place to chill, have some brew and listen to some tunes. Here’s my blog post. And here’s even more info.

Banger’s Sausage House & Beer Garden – You know a place freely welcomes dogs when you find events for the 4-legged … plus “people and pooches” search functionality on their site. Sausage, beer, “manmosas,” a Michelada Bar and more. The car is already loaded and in reverse! Visit Banger’s online.

Dog Friendly Blue Corn Harvest Grill In Cedar Park

Blue Corn Harvest Bar & Grill – Located on FM 1431 is this tree-covered patio where you can enjoy Southwestern cuisine under the Texas sky. Visit them online.

Dog Friendly Botticellis In AustinBotticelli’s – This popular South Congress Italian restaurant offers live music and tasty Italian food. You’ll enter the dog-friendly beer garden from the rear of the restaurant (shwon above). More info.

Dog Friendly Brick House Tavern & TapBrick House Tavern + Tap – Tucked along Research Boulevard, Brick House has a fully-covered patio which means when it’s raining cats and dogs, you and your doggie dear will be high and dry. More info.

Brushy Creek Regional TrailBrushy Creek Regional TrailOne of Austin’s hidden gems is this 7-mile long stretch of paved and gravel trails. Waterfalls, historical markers, dinosaurs and more. You can read more about BCRT at my article here on the Home Style Austin Blog.

Dog Friendly Don Mario In LakewayDon Mario
 – Don’t miss our favorite dog-friendly patio on your way to Lakeway. Their carnitas taco plate and five salsas were a pack pleaser. PS ~ Don’t miss the balloon lady – she’s a true artist! Don Mario online.

Dog Friendly Flat Creek EstateFlat Creek Wine Estate (Marble Falls) – The closest winery to Avery Ranch … and my favorite! Enjoy a half-hour scenic drive into the Hill Country and when you get there, dogs are welcome on the outside patio. Drink in the wine and the great view! More info.

Hill Country Water Gardens (Cedar Park) – Voted best nursery by water dogs! A large nursery and water garden with great inspiration. More info.

Lowes (Citywide) – Whenever I shop here the employees love on my dog. Harley even scored a dog treat here so he’s always ready to lend a paw with home improvement projects. Lowes knows pets. More info.

Dog Friendly Lupe Tortilla In Cedar ParkLupe Tortilla (Abor Walk and Cedar Park) – Happy Hour specials, giant tortillas and great margaritas. If you’ve never been here before make sure and ask for the free fajita sampler. A new location is opening up at 183 and FM1431 and they will be dog friendly as well. Sniff here for more info.

Dog Friendly Morelia Mexican Grill In Avery RanchMorelia Mexican Grill (Avery Ranch) – Voted best dog-friendly patio in Avery Ranch. Two outdoor televisions will keep you occupied while your pup is at your side. Super-easy entrance from the front parking lot. More Morelia.

Dog Friendly P. Terry's Burger StandP. Terry’s Burger Stand (32nd and N. Lamar) – Their french fries, veggie burger and root beer shake really hit the spot! “Rut Roh” – not every location offers patio dining. More P. Terry’s.

Pet Supplies Plus In Austin, TexasPet Supplies Plus (183) – Shop ’till they drop at PSP. Great hours and a free Preferred Pet Club you’ll both want to join. We smell savings! More info.

Red Bud Isle Park In AustinRed Bud Isle Park – This park should be renamed Happy Dog Island. Perhaps Austin’s best off leash dog park that’s an island flanked by the Colorado River. You can read more about Red Bud here at my blog post.

Round Rock Garden Center – A native plant and organic gardening center since 2002. Also a great place to snap a pumpkin patch pic with your four-legged friend. Located in Old Town Round Rock. More info.

Have a favorite dog place of your own? Drop us an email and let us know – we’ll likely add it to our list!

Austin Realtor Joe Paul Reider

~ Joe Paul Reider

Home Style Austin Founder
Austin Realtor®
Keller Williams Realty, Inc.

Red Bud Isle Park

Red Bud Isle Park In Austin, Texas
Whether you arrive to Red Bud Isle Park via canoe, car or your own two feet, everyone’s in for a treat in Austin’s great outdoors.

Red Bud Isle Park is about 13 acres in size and is one of Austin’s 12 great off leash dog parks. As a proud parent of two outdoor-loving Labs, I knew I had to take them for a great day in the sun. I scored major points from my dogs and we are already planning our return adventures.

Dogs Having A Blast In The Water At Red Bud Isle Park In Austin, Texas. Photo by Home Style Austin

The park features:

  • A large off leash play area perfect for fetching toys or the sun’s rays
  • Free park entry. Note: the parking lot can sometimes be a bit tricky to score a parking space
  • Benches perfect for dog watching, people watching or just some “R and R”
  • Wooded trails great for adventuring or picnicking
  • Shorelines sporting great views of the Colorado River
  • Complimentary dog waste bags

The Off Leash Dog Park At Red Bud Isle - Photo By Home Style Austin

The park is located west of downtown Austin and west of Mopac Expressway near the beautiful neighborhoods of West Lake Hills, Tarrytown and Rollingwood. Here’s a handy map:

Red Bud Isle is a great place to adventure in Austin.

Enjoy the great outdoors . . . and more pictures below!

Austin Realtor Joe Paul Reider



Joe Paul Reider

Home Style Austin Founder
Austin Realtor®
Keller Williams Realty, Inc.

A Great Walking Path At Red Bud Isle Park In Austin, Texas

The Great Walking Path At Red Bud Isle Park

The Dogs Of Red Bud Isle Park In Austin, Texas

The Dogs Of Red Bud Isle Park

A Happy Bernese Mountain Dog At Red Bud Isle Park In Austin, Texas

A Happy Bernese Mountain Dog At Red Bud Isle Park

My Dogs, Boomer and Harley, Going Into Water At Red Bud Isle Park In Austin

My Water Bound Dogs, Boomer and Harley, At Red Bud Isle Park

The Beautiful Peninsula At Red Bud Isle Park In Austin, Texas

The Beautiful Peninsula At Red Bud Isle Park