Another Residential Tower in Downtown Austin!

 AUSTIN (Austin American-Statesman) – Residential towers continue to sprout up around downtown Austin.

Wednesday, the Austin American-Statesman reported that a new 23-story apartment building is in the works.

The 320-unit SkyHouse Austin complex will be at 47 Rainey St. According to a statement from the developers, it will include “significant” retail space.

The developers — an affiliate of Novare Group Investments LLC and its Austin partner, Andrews Urban LLC — plan to break ground this spring.

Amanda Vertz, Realtor

If you or anyone you know is looking to buy, sell or invest in real estate, please contact me.  www.VertzHomes.com

 

, , , ,

Leave a comment

Market Update for Travis Country Neighborhood

Here is the latest on the real estate market in Travis Country:

 

# Homes on the market – 5

Average Price/Sq ft – $140.40

Average Sales Price – $366,580

 

# of Homes sold in the last 30 days – 8

Average Price/ Sq ft of homes sold – $137.71

Average Sales Price of homes sold – $352, 486

 

Homes are moving very quickly is the neighborhood!  If you are interested in purchasing a home in this neighborhood, you better move quickly!  Please let me know if you need any assistance.  I would love to help!

Amanda Vertz, Realtor

www.VertzHomes.com

 

, , , ,

Leave a comment

$3M Grant for East Austin Project

See the ABJ article below:

http://www.bizjournals.com/austin/news/2012/01/04/austin-gets-3m-grant-for-colony-park.html

Amanda Vertz, Realtor

www.VertzHomes.com

 

, , , ,

Leave a comment

Austin Real Estate Statistics

Click the link below to access the Austin Board of Realtors November 2011 stats for Austin’s real estate market. 

http://www.abor.com/news_media/press_releases/2011/p23_11.cfm

If you would like to receive more information regarding a particular area or neighborhood, please contact me.  I can provide you with more details and comparative market analysis.   www.VertzHomes.com

Amanda Vertz, Realtor

If you or anyone you know is looking to buy, sell or invest in real estate, please contact me.

, , , ,

Leave a comment

Senior Living in Kyle

A new 94 unit senior living apartment complex is coming to Kyle (about 20 miles from downtown Austin).  They will began construction in 2012 and plan to finish the development in spring 2013. 

See the ABJ article below:

http://www.bizjournals.com/austin/print-edition/2011/12/16/plum-creek-to-get-senior-housing.html

Amanda Vertz, Realtor

If you or anyone you know is looking to buy, sell or invest in real estate, please contact me.  www.VertzHomes.com

 

, , , ,

Leave a comment

The Domain is growing!

The popular Domain located in north Austin is planning to build more than 500 new apartments!  The apartments are supposed to be finished mid-late 2012.  Check out the article in the ABJ:

http://www.bizjournals.com/austin/print-edition/2011/12/09/the-domain-to-get-bigger.html

Amanda Vertz, Realtor

www.VertzHomes.com

 

 

, , , , ,

Leave a comment

New Bee Cave Subdivision in Austin

260 Single-Family homes are being built near the Hill Country Galleria.  The new developer, Taylor Morrison, began construction on Phase 1 mid-November.  It is estimated that the neighborhood will take 5-7 years to complete.  The first lots are expected to be available early spring 2012.  The homes will start in the high $200,000s.

Check out the article for more information:

http://impactnews.com/lake-travis-westlake/435-news/16010-developer-breaks-ground-on-bee-cave-subdivision

Amanda Vertz, Realtor

avertz@kw.com

If you or anyone you know is looking to buy, sell or invest in real estate, please contact me.  www.VertzHomes.com

 

, , , ,

Leave a comment

New Real Estate Developments Near Austin

Check out this article from the Statesman.  Construction is going to begin early next year on two developments east of Austin near Manor.

http://www.statesman.com/news/local/austin-uses-new-financial-technique-to-spur-private-2019525.html

Amanda Vertz, Realtor

www.VertzHomes.com

 

, , , ,

Leave a comment

2011 Fastest Growing Companies in Austin

Check out this article in the ABJ.  See the top 50 fastest growing companies in Austin.  They are broken out into the top 25 under 10M in revenue and the top 25 over 10M in revenue.

http://www.bizjournals.com/austin/news/2011/10/14/fast-50.html

Amanda Vertz, Realtor

www.VertzHomes.com

 

, , , , ,

Leave a comment

Frequently asked questions about Property Management and Leasing

Whether you are dealing with a single family rental or a complex of multi-unit buildings, you have to follow the Texas Property Code.  Here are some common questions regarding security deposits, lease terminations, and rental applications.  This information is provided by the Texas Association of Realtors.

1.  True or False?  A security deposit can be held in a property manager’s business account for up to three business days before it is considered commingling of funds.  False, security deposits must only be held in a trust account.

2.  True or False?  The maximum amount a landlord can demand as a security deposit is two months rent.  False, the Texas Property Code doesn’t dictate a maximum amount.  The security deposit is negotiable between the landlord and tenant.

3.  True or False?  A tenant does not automatically forfeit the security deposit if he breaches his lease.  True, although the Texas Property Code permits a landlord to deduct damages and charges resulting from breaching the lease, there isn’t an automatic forfeiture.

4.  True or False?  An application deposit is given to a landlord in connection with a rental application and is refunded to the applicant if his application is rejected.  True.

5.  True or False?  An applicant is considered rejected if the landlord doesn’t give notice of accepting the applicant seven days after the applicant submits a completed rental application.  True.

Amanda Vertz, Realtor

If you or anyone you know is looking to buy, sell or invest in real estate, please contact me.  www.VertzHomes.com

 

 

, , , , , ,

Leave a comment

Follow

Get every new post delivered to your Inbox.