Tag Archives: Lake Travis

Finding the Right Master Planned Community in Austin

Are you looking for a new home in one of Austin’s many master-planned communities? As a Broker/REALTOR® and Owner of Goodwin & Goodwin Real Estate, I can help you find a home that’s best suited to your lifestyle. Whether you’re looking for quick access to riding stables, great golfing and tennis, or sipping wine on your patio, one of the following three communities may be right for you.

The Hills of Bear Creek

Want a competitively-priced home with contemporary style, easy access to Austin’s airport and stables close by? The Hills of Bear Creek could be the answer. You’ll find homes priced from $300K-$400K. Moreover, property taxes are lower than in Austin. This is an 85 home community built by Milestone. It’s located South of Austin in Manchaca, pronounced “man-shack” by locals. Manchaca is about 16 miles from downtown Austin and features great BBQ at Valentino’s.

The Enclave at Covered Bridge

If you’re looking for more of a luxury lifestyle experience and access to the Texas Hill Country, The Enclave at Covered Bridge could be a good choice. The community is located on 290 West which is just a few miles away from the Texas Hill Country. It’s about 25 minutes from downtown Austin. Homes generally start at $450K. I give a big thumbs-up to the builder (Brohn homes) for preserving 18 heritage trees. Additionally, Brohn endeavors to create great Hill Country views and support the natural surroundings.

Rough Hollow

Does a lake-living resort-lifestyle appeal to you? If so, the Rough Hollow Community on Lake Travis may be the answer. Rough Hollow is a large luxury community built along a cove of Lake Travis with six distinct sections. If you love being active, you’ll have lots of choices to do so here.  Highland Village is the community’s private yacht club, water park and more. Additionally, if you love sipping a glass of wine at sunset you’ll find wonderful vistas here. Rough Hollow also feeds into the award-winning Lake Travis School District. I am impressed with Brookfield Builder’s commitment to their core values of passion, integrity, and community which is the foundation for a great community.

In Conclusion: When working with me as your Broker/REALTOR®, you can expect me to listen carefully to your priorities and show you the best homes for your lifestyle so you can enjoy your home for years to come!  Want to see one of these communities or others? I’m ready to help you today!

 

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The Price Tag for Austin Real Estate with Country Feel and Urban Amenities

Can you picture yourself sipping a glass of wine (or coffee) on your private back deck as you gaze upon natural beauty like big trees, beautiful sunsets and stunning vistas? Would you love to soak in the peace and quiet of country living yet also have easy access to downtown Austin and lots of amenities? A lifestyle in an urban/rural type community can fulfill you on many levels. You can enjoy beautiful surroundings and wildlife with quick access to amenities like restful spas, first-class shopping, new restaurants and fun Austin events.

With this in mind, I’d like to help you with your home search by giving you information about some of the urban-rural type communities in Austin and their current median sales prices.

South Austin Real Estate

The community of Shady Hollow (Zip Codes 78748 & 78739) is surrounded by amenities and is a relatively short drive to downtown Austin. Residents enjoy backyard privacy and a family-friendly community. Moreover, the large oak trees create canopies, giving the community an enchanting feel. The median home prices in Shady Hollow is $384,700. Homes values are predicted to continue rising in 2018.

The town of Buda (78610) is about 15 miles south of Austin. Additionally, it’s one of the fastest growing communities south of Austin. Buda’s proximity to downtown Austin and the Bergstrom International Airport coupled with affordability contribute to its appeal. Home values increased approximately 3.8% over the past year (2017) and are predicted to rise over the next year.  The median price of homes currently listed in Buda is $310,000.

A few miles west of Buda you’ll find the subdivision of Hays Country Oaks. You’ll find homesites with 1.5 to over 7 acres. Prices range from the lower 300’s up to over 1M. Some properties include pastures, stalls, and sheds. In other words, Hays County Oaks provides a true country lifestyle.

I’m currently selling two treed lots in South Austin. One lot is in Buda with a little over an acre of land (MLS #8763733). The second lot is closer to downtown Austin with over .8 of land (MLS #8506921). You can find out more about both lots here: My Lots for Sale

Southwest Austin Real Estate

You’ll find a variety of new and older communities as you drive West on Highway 71. The newer master-planned communities tend to have average size lots (less than .5 of an acre.) With that in mind, they frequently compensate for lot size by offering appealing amenities. For example, master-planned community of Sweetwater (78738) boosts a resort-lifestyle. You’ll have access to the Sweetwater Club, a 10-acre complex full of pools and party spaces, yoga classes and special activities. Moreover, you can explore over 700 acres of hiking and biking trails. Families are attracted to Sweetwater because it’s in the highly-rated Lake Travis School District.  The median home price in Sweetwater is currently $539,000. Personally, I think it’s poised to become one of the most desirable neighborhoods in the area.

Lakeway (78734, 78738) was built around the Lakeway Resort and Spa in the 1970’s. It rests among beautiful rolling hills on the shores of Lake Travis. Years ago I thought of Lakeway as “far-away.” Not so today.  It’s easy to get out there due to the addition of more lanes on Highway 71. You’ll find mature oak trees and incredible views of both the lake and countryside here. Additionally, the schools are well-rated and in the Lake Travis Independent School District. The drive from Lakeway to downtown Austin takes about 30 minutes in non-peak hours. The median price of homes currently listed in Lakeway is $577,450.

Northern Austin Real Estate

Cypress Acres (78641). The subdivision of Cypress Acres is a quiet, lakeside community on the northeast end of Lake Travis. It’s built in the city of Leander, which is growing suburb. To me, this part of the lake feels more rural than the Lakeway community. You’ll find a diverse mix of home styles – from 70’s chic to new construction. The median price of homes currently listed here is $316,990.

I currently have a great waterfront home for sale in Cypress Acres.  You can find out more here: My Waterfront Home for Sale

Anderson Mill/Cedar Park (78750, 78613, 78750). Cedar Park is one of the 20 fastest growing cities in Texas. Its proliferation of parks together with walking trails make it both family and dog-friendly. Cedar Park’s location provides ample opportunities to attend concerts, events, and other experience in downtown Austin area. Overall, you’ll find a mixture of homes built in the early 80’s as well as newer, master-planned communities. The median home price is currently $307,990.

Note: Northwest Austin is very attractive because of shopping, restaurants, hotels and proximity to several high-tech companies. It continues to attact new residents which means more traffic. The commute to downtown can take 45 minutes during peak weekday hours.

Central Austin, the closest country-feel to downtown Austin

West Lake Hills and Rollingwood (78746)  are communities widely known for stunning luxury homes to say nothing of the dramatic landscape, wildlife and desirable location. You’ll find small-town charm along with the convenience of easy access to downtown Austin. A friend and former West Lake resident told me she used to hand-feed deer outside her front door, take her dogs for a walk around the lake less than five minutes away and be in downtown Austin in less than 10 minutes.

The neighborhood grew up in the 1970’s and 1980’s on some of Austin’s most exclusive real estate. These communities are centrally located just minutes from downtown Austin and close to many highways that make traveling anywhere in the city a breeze. You can easily access the Barton Creek Wilderness Park, Red Bud Isle, the Barton Creek Greenbelt, Zilker Park, and the Lions Municipal Golf Course. Additionally, the award-winning Eanes ISD is a top draw for families.

Needless to say, the price tags for these coveted homes are some of the highest in Austin.  The median selling price in Westlake and Rollingwood is 1.3M.

In Conclusion

Although this is a relatively small list of neighborhoods, it can give you a lot to think about. Maybe you’re just starting your search or maybe you’re a little further along with. Regardless of where you are in the process, I can help.

If you want more information about:

  • Price per square foot in different areas
  • Future road improvements and development
  • How to find the best deals in the Austin market
  • And more!

I am available anytime to talk with you and help you succeed in finding your dream home!

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Neat weekend Retreat House at Lake Travis!

I recently viewed this cute house at 301 Vicinity Trail in Spicewood. Its near the intersection of Pace Bend Road and Old Ferry Road, close to Briarcliff. The house was built in 2001, but has the looks of an older retreat with wood floors and wood framed windows. The photo above was taken pre-2011 drought. The lake hasn’t fully recovered, so there is just a little water at this waterfront property right now. Its enough for a canoe or kayak, but not enough for a motor boat. Of course, what better time to buy a waterfront property? Prices are down and the sellers may be negotiable. I hear we are going to have a wet fall, so with a good amount of rain, this seller might raise the price. The positive features of the home: great price of $237,000, waterfront (even in the drought, there is still a little bit of water here), open floorplan, nice kitchen, laundry/storage room, bonus room, deck to enjoy the view, quiet street/area. Negatives: needs a good coat of paint/stain on the exterior, deck could use some shade, floor plan may not work for everyone, no garage, low water level during drought. All in all, if I had the time and money, I’d be inclined to buy this place myself! It sure would make a nice retreat from the fast pace of work and responsibilities!

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Newer construction, Lake Travis ISD, Yaupon Creek Neighborhood

I remember when this neighborhood got started back in 2006 by Carter Bruce Homes.  It had a slow start, like many new construction neighborhoods, but now that it’s completely built out, it looks very nice and is surrounded by lots of new development in the Lake Travis Area.  The Yaupon Creek neighborhood is a smaller neighborhood with just over 30 homes which feed into Lakeway Elementary, Hudson Bend MS and Lake Travis HS.  Right now there’s a house for sale at 203 Rivulet Lane, priced at $374,900.  The home was built in 2010, has 4 bedrooms, 3 baths, and .31 acre lot backing to a greenbelt.  It also has bamboo flooring, an open floor plan and a courtyard entry.  I like the location – close to RR620 and Lohman’s Crossing, you can be on 620 in just a minute.  I also like the stone and stucco exteriors and just the feel of the smaller neighborhood that is now complete.  And finally, it’s just a minute from the library, which I like since I love to read!

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Real Estate Sales-A comparison of Austin areas

If you have thought about buying an investment house in the Austin area, you should have some idea of what areas are selling well, and which areas aren’t.  One indication of how well an area is doing is the amount of inventory compared to the number of sales per month.  If you look at areas of Austin, South Austin is doing extremely well, while the Lake Travis area is not doing so well.  Here are some numbers to show what I mean: 

Zip code: 78734 (Lakeway and area)
Active homes today: 373
Sold in last 6 months: 180
Basically 12+ months of inventory

Zip code: 78669 (Briarcliff of South side of Lake Travis)
Active homes today: 168
Sold in last 6 months: 70
Basically 14+ months of inventory

 Zip code: 78749 (South/SW Austin)
Active homes today: 95
Sold in last 6 months: 295
Sold in last 60 days: 94
2 months of inventory – means houses sell fast, many in less than 30 days

Zip code: 78745 (South Austin)
Active homes today: 90
Sold in last 6 months: 283
Sold in last 60 days: 94
Less than 2 months of inventory 

Zip code: 78758 (North Austin)
Active homes today: 53
Sold in last 6 months: 113
Sold in 90 days: 64
Less than 3 months of inventory

This is not a comprehensive list, but it gives you an idea.  There is simply too much inventory in the Lake Travis area for homes to sell quickly.  There are exceptions in which homes sell quickly in the area, and those exceptions are typically homes near the average price ($250K) or homes that have been updated well and are still priced well (comparable to new construction, and not much higher). 

For data on other areas or specific investment advice, call me.

Vikki Goodwin
REALTOR®, GRI, SRS
EcoBroker®
Homes ATX
512-426-9090 cell
www.vikkigoodwin.com

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Review of Lake Travis area condos for sale

Yesterday I was out previewing Lake Travis area condos for a client.  Here’s what I found.  The Pinnacle at North Lakeway is a new complex under construction by Ryland.  They are just getting started and need to motivate buyers, so they have some really great prices on their new construction.  The models are beautiful and they have 2 units just about complete, another 2 that will be ready in about 6 weeks, and more that are getting started.  There are 3 floor plans to choose from and some will have nice views, especially from upstairs windows.  The condos are set within a large single-family residential neighborhood that should be a desirable place to live.  Since they are just getting started, construction will continue for some time, which can be noisy and dirty.  While the prices in the MLS are good, those are base prices and upgrades will bump the prices up.  The sales representative told me 2 units sold last weekend, and he indicated sales are doing well, so they may raise the prices. 

Another newer condo complex off 620 is the Enclave at Alta Vista built by Toll Brothers.  This is a nice neighborhood that is nearing completion, so construction noise and dirt are not an issue.  The condos have nice finish out, great views, and all the amenities (pool, club house, gym, tennis courts, etc.).  Since the Toll Brothers name carries some prestige, the prices are much higher per square foot.  There’s just a few condos still available in this section, but it looks like they are working on another section.

A third new construction condo complex is The Vistas at Lakeway – also by Toll Brothers.  While this neighborhood is similar to the Enclave at Alta Vista, right now it has no amenities.  The prices are slightly lower than the Enclave at Alta Vista, but they are still high compared to Pinnacle.  I don’t like the entryway to the neighborhood – commercial that isn’t very attractive.  This community doesn’t have as nice a view as the Enclave. 

I also looked at some resale condos in the Lakeway area, a few in the   Courtyard at the Preserve, a few in Lakeway and one in the Hills of Lakeway.  One of the condos is a detached condo at 15405 Joseph that is more like a house than a condo.  This one features lots of space for the money, and more yard space, too.  However, there are no upgrades, and yard maintenance isn’t included in $110/mo. HOA fee.  

The other 4 condos I previewed are:
1)
 410 Hummingbird Ln #2 – beautiful finish out, beautiful entryway and courtyard in front, situated right next door to CenterPointe Sales Office which might not appeal to homeowners.  I don’t know the reputation of this builder.  The living room and dining room are spacious. Nice view from upstairs.
2) 
1209 Delsie Dr – too much road noise here and view of commercial building across the street is a negative.
3) 
211 The Hills Dr #9 – $151/sq ft is too high even if it is located in “The Hills”.  Prestigious neighborhood and nice house, but seems small compared to others.
4) 
427 Seawind – interesting, 1970s condo that has been completely updated. Across the street from Live Oak Golf Course.  Eclectic neighborhood. 

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Lakeway – Excellent Lake View / Lake Travis!

Two Lakeway homes for sale now will give you exceptional lake views along with workable floor plans without breaking the bank!  Both homes are listed for sale for less than $700K and both have over 3700 sq ft of space.  One house on Explorer has 5 bedrooms, an open living area on the main level, and another living area downstairs with the secondary rooms.  The backyard has flat space for a pool, too.  The best view from this home is when you are out on a wonderful balcony.  The other home with an exceptional lake view is on Electra.  The view from the kitchen and living area is really breathtaking!  If you want a home with a lake view – there are usually several to choose from in Lakeway.  There are currently 178 homes for sale in Lakeway and similarly named neighborhoods (Hills of Lakeway, Preserve at Lakeway, etc.).  Vikki Goodwin, Realtor, Homes ATX.

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