***SOLD*** 1632 Sq Ft 3/2/2 Bluffs at Milwood, Austin, TX $435,000 Contact Listing Agent Ira Martin for details or to schedule a showing. 512-736-1398
Charming move-in ready home, conveniently located with easy access to major roads and just about a mile from new Apple Campus. This single-story floor plan, offers 2 living spaces, a formal living, and dining area followed by the newly renovated kitchen and breakfast which is divided by a wall with two archways from the family room where the wood fireplace is located and access to a covered patio and nice size private back yard. Tons of upgrades went into this 1999 home, like smart light switches, granite countertops, and shaker-style cabinetry in the kitchen and bathrooms, as well as fresh paint on interior walls, baseboards, ceilings, and doors. Hardware on doors, lighting, updated to the brushed nickel finishes to match stainless steel appliances. A/C, roof, and toilets replaced in 2018.
9.88 acres located minutes east of downtown Austin
Located at Ed Bluestein Blvd (Hwy 183) and FM 969 (MLK – Webberville Rd), this acreage includes 2 parcels (Property ID #544744 and 544752) that are 3.94 aces and 5.94 acres respectively. Property is zoned general commercial services and is ready for mixed use development. This is a great location for a hotel, professional offices, retail, food services, manufacturing and industrial, mini-storage, etc.
Contact us for pricing or to schedule a tour. More details available upon request.
MARKET UPDATE: CENTRAL TEXAS HOUSING MARKET CONTINUES TO SOAR DESPITE LOW INVENTORY
According to the latest (September) Central Texas Housing Market Report released by the Austin Board of REALTORS® (ABoR), the Central Texas housing market continues to exhibit strength despite economic challenges and shrinking housing inventory. In September, home sales across the Austin-Round Rock Metropolitan Statistical Area (MSA) soared 31.5% year-over-year to 3,892 sales. Historically, this time of year home sales are lower, but because of decreased activity during the shelter-in-place orders due to the pandemic, the summer selling season extended into September.
A majority of the real estate projects we finance are in the Austin area, so we think you will find the September year-over-year statistics in the Austin MSA below encouraging.
Austin MSA September 2020 Year-Over-Year Statistics
Sales Dollar Volume
Up 51%
$1.77 billion
Closings
Up 31%
3,892 closings
Avg. Sales Price
Up 12%
$355,000
Avg. Days on Market
Down 14 days
37 days
New Listings
Up 5%
3,539
Pending Sales
Up 28%
3,767
Months of Inventory
Down 1.3months
to 1.2 months
These statistics are simply amazing, especially the increase in closings (up 31%) and drops in days on market and months of investory. Vaike O’Grady, Austin regional director for Zonda (formerly Metrostudy), said the city of Austin has a limited number of residential lots. This is forcing developers to move to the suburbs where land is more available and less expensive.When it comes to construction in suburban markets, homes simply can’t be put on the ground fast enough to meet demand.
“The housing market is pumping billions of dollars into our region’s economy at a time it’s greatly needed, but we also need to be cognizant of the impact such rapid activity is having on record-low inventory levels and rising home prices,”Romeo Manzanilla, 2020 ABoR president said. “Austin’s suburban markets have historically offered housing stock at lower price points that created opportunity for people when buying or renting inside Austin city limits was not an option. Now, these markets are showing the same gains in prices and declines in inventory as we’re used to seeing inside Austin, putting pressure on the market as a whole.”
In summary, we are blessed to be doing business and investing in Texas and, in particular, the central Texas region.
