Vikki Goodwin’s Austin Real Estate Weblog


Are central Austin real estate prices getting out-of-hand?
January 8, 2008, 5:50 pm
Filed under: Real Estate | Tags: ,

The first home I owned in Austin was in the wonderfully ecclectic neighborhood of Travis Heights.  I had a cute 1000 sq ft house with no garage and no central heat/AC.  I bought the house for $50K with an FHA loan soon after graduating from UT (1991).  At the time, the neighborhood was inexpensive and not nearly so popular as it seems to have become.  Maybe I just had a different perspective then.  It was pretty nice being able to walk to work if I wanted to, and back then, traffic wasn’t anything like it is today.  Nowadays, I wonder if someone who has just graduated can afford the neighborhood.  I suppose it depends on what their major was!  I just looked up some homes down the street from where I lived.  An “investor opportunity” (aka fixer-upper?) is on the market for $215K, for 754 sq ft, which comes out to $285/sf.  If you’re interested in this opportunity, or others in the 78704 zip code, call me!  Vikki Goodwin, Realtor, Homes ATX, 512-426-9090.


No Comments Yet so far
Leave a comment



Leave a comment
Line and paragraph breaks automatic, e-mail address never displayed, HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <pre> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>