SOLD with multiple offers: 4603 S 2nd, 78745

Another Beautiful #BIRDHOMElife remodel!

South Austin Mid-Century Modern Home with a refined, updated finish 

Don’t miss this opportunity to own a #BIRDHOMElife remodel! This 1950’s home beg to be updated. With some funky, cool features and some contemporary touches, this home is ready to go.

4603 South 2nd Austin, TX 78745

Neighborhood: Greenwood Forest

Specifications: 3 Bedrooms, 2 Bathrooms, 1,637sqft

Taxes: 2018 - $6,380

Asking Price: $409,900

If you live here, you will enjoy a light, bright mid-century home with all the modern finishes.

Enjoy everything that this mid-century modern home has to offer. 200 year oak trees greet you as you pull up to the home. Custom landscaping frame the custom-cut stacked stone exterior once featured in Southern Living magazine. New windows and doors let in lots of natural light. We salvaged the retro-wall that greets you upon entering. New premium wood floors throughout. The well appointed kitchen features custom cabinets, quartz counter-tops, stainless steel appliances and tasteful brass hardware. The oversized family room is anchored by a stacked stone fireplace and has plenty of room to entertain. The master bedroom features en-suite office and laundry room.

Home Upgrades Include:

• New windows and doors throughout

• New water-resistant premium hardwood floors

• Stainless steel appliances

• New Fixtures, hardware throughout

• New Custom Kitchen Cabinets and quartz counters.

• Bathrooms were completely gutted and redone.

Find local businesses, view maps and get driving directions in Google Maps.

Location:

• South Austin neighborhood of Greenwood Forest

• Easy access to 290, I35 and Mopac

• Minutes from:

  • South Congress

  • St Elmo Brewery

  • Public Development

  • HEB

• 15 minutes to Downtown Austin

BEFORE PHOTOS

SOLD: KRDB Custom Designed and Build Modern Home

Amazing Custom Modern Homes

in 78704, South Austin

Chris Krager and KRDB Design + Build + Develop

*Homes are available to purchase separately or together*

Don’t miss this opportunity to own a truly modern property by KRDB.

The A Unit

Striking curb appeal and a well thought out and designed open floor plan are the reason you will buy this property. Upon walking in, tall ceilings, a wall of windows and a well-appointed kitchen featuring Bosch appliances greet you. This home is an entertainers dream with all rooms opening up to a courtyard in the center of the home. A floating steel staircase takes you upstairs to even more outdoor living space with 400+ sqft of covered and uncovered balcony. The master suite is flagged by over-sized custom sliding glass doors. The master bath features double vanity, separate soaker tub and floating glass shower and a well appointed walk-in closet. Don’t miss this amazing opportunity to own on of our favorite modern homes.

The B Unit

Tucked into the back of a beautiful slopping lot, this modern bungalow is one not to miss. With tall ceilings, amazing natural light, open floor plan and surrounded by nature, you'll be inspired every day. Featuring spacious bedrooms and well placed windows and great storage this is the perfect South Austin starter home. Sod and fencing coming soon.

410 Post A & B Austin, TX 78704

Neighborhood: South 1st

Specifications:

A Unit - 3 Bedrooms, 2.5 Bathrooms, 2,140sqft

B Unit - 2 Bedroom, 1 Bath, 1,048sqft

Asking Price:

A Unit - $775,000

B Unit - $450,000

Find local businesses, view maps and get driving directions in Google Maps.

Location:

• South Austin neighborhood of South 1st, 78704

• Easy access to 290, I35 and Mopac

• Minutes from:

  • Walk to Neighborhood Restaurants, Shopping and Coffee Shops

  • South Congress

  • HEB

  • Parks and Playgrounds

• 10 minutes to Downtown Austin

November 2018 Market Report - Austin home prices are up 5.5% Year over Year

November 2018 Market Report - Austin home prices are up 5.5% Year over Year

We are nearing the end of the year and sales are still seeing positive trends with 2018 shaping up to be another record setting year.

Sales in City of Austin proper are still very strong with the median home price up 5.5% to $374,900 from last November . With 618 homes sold in November (down 5%) and only 1.9 month’s of housing inventory, Austin is still firmly in an Extreme Seller’s Market.

The rest of the Central Texas market is starting to see a slight slow down in sales with 2.7 month’s of housing inventory, up .2 month’s from last year. With slightly more housing inventory and homes taking a little longer to sell (average of 64 days on the market, up 3 days from last year) we may start to see home prices outside the city limits slow down. Right now, prices are still up (median home price is $301,391, up 2% YoY), homes sell are up (2,201 homes sold in November, up 1% YoY) and $839M in sales volume, up 6% Year-over-Year.

In summary,

SELLERS are in all parts of the market are still in a strong position to net top dollar on their home. Buyers have high expectations for what they are buying since it is starting to cost more per month for the same home with interest rates going up from 3.5% to 4.75-5% in just over a year.

BUYERS are starting to see slightly less competition for homes in the suburbs and outlying cities. The best homes are still selling fast and for top dollar, but there are starting to be more “Deals” out there.

INVESTORS are having to be patient while looking for the best deals and act fast when they come up. Income properties are harder to come by. Foreclosures are up slightly. Look to the smaller markets outside of Austin for the best investments.

See below for infographics and analysis of all parts of our Central Texas Real Estate Market.

And as always, please contact us if you or anyone you know needs help buying, selling or investing in real estate in 2019!

Here is the Press Release from the Austin Board of Realtors with the rest of the market update for November 2018. 

AUSTIN, TX–As single-family home sales continue to rise, another record-breaking year is expected for the Austin-area housing market, according to the latest monthly report from the Austin Board of REALTORS®. The November 2018 Central Texas Housing Market Report released today suggests another strong showing for the region.

"Sales are up 3.3 percent year-to-date for 2018,” Steve Crorey, president of the Austin Board of REALTORS®, said. “Pending sales volume in December, the Central Texas housing market is on track to have one of the highest-grossing years on record."

Austin-Round Rock Metropolitan Statistical Area (MSA)

In the Austin-Round Rock Metropolitan Statistical Area (MSA), sales volume slightly increased 0.7 percent year over year from 2,185 sales in November 2017 to 2,201 sales last month. Sales dollar volume increased 5.6 percent year over year to $839,317,911, while the median home price increased 2.2 percent year over year to $301,391.

New listings for the five-county MSA increased 1.7 percent year over year to 2,380 listings in November. During the same period, active listings increased 11.5 percent to 6,907 listings and pending sales increased 2.5 percent to 2,217 pending sales. Monthly housing inventory increased by 0.2 months to 2.7 months of inventory.

"Families and young professionals continue to move to the suburbs where there are more opportunities for home ownership at a more reasonable price point than in the city of Austin," Crorey said. "While home sales growth isn't as rapid in the city, demand is still strong. Analysts predict Austin will be a market to watch in 2019."

City of Austin

In the city of Austin, home sales decreased 5.4 percent year over year from 653 sales in November 2017 to 618 sales last month. During the same period, sales dollar volume remained flat at $288,251,771. The median price of single-family homes rose 5 percent to $374,900. New listings decreased 3.9 percent to 697 listings; active listings decreased 2.4 percent to 1,487 listings; and pending sales decreased 4.6 percent to 638 pending sales. Monthly housing inventory decreased by 0.1 months to 1.9 months of inventory.

Travis County

In Travis County, November single-family home sales slightly decreased 0.5 percent year over year to 1,029 home sales, but sales dollar volume increased 5 percent to $474,252,517. The median price for single-family homes rose 5.4 percent to $355,000. During the same period, new listings decreased 0.9 percent to 1,189 listings; active listings increased 2.7 percent to 3,112 listings; and pending sales increased 0.8 percent to 1,058 pending sales. Monthly housing inventory decreased 0.1 months year over year to 2.4 months of inventory.

Williamson County

In November, Williamson County single-family home sales increased 4.5 percent to 812 home sales and sales dollar volume increased 4.9 percent to $246,902,818 since last November. During the same period, the median price for single-family homes increased 1.8 percent to $280,000. New listings increased 4.9 percent to 798 listings; active listings jumped 20.8 percent to 2,449 listings; and pending sales decreased 2.6 percent to 764 pending sales. Housing inventory increased 0.3 months year over year to 2.7 months of inventory.

Hays County

Hays County single-family home sales rose 1.9 percent to 269 sales in November, and sales dollar volume spiked 18.6 percent to $94,305,038. The median price for a single-family home increased 2.8 percent to $262,047. During the same period, new listings increased 7.3 percent to 281 listings; active listings experienced a double-digit increase of 15.9 percent to 950 listings; and pending sales increased 21.1 percent to 287 pending sales. Housing inventory increased 0.3 months to 3.2 months of inventory.

SOLD: 7912 Finch Trail, Cherry Creek Neighborhood, 78745

Another Beautiful #BIRDHOMElife remodel!

This craftsman-chic 2 story home sits on a charming tree-lined street in South Austin 

Don’t miss this opportunity to own a #BIRDHOMElife remodel! This home needed a complete rehab from the roof down to the floors. We put a lot of love and energy into this project and it’s ready for you to call it home.

7912 Finch Trail Austin, TX 78745

Neighborhood: Cherry Creek

Specifications: 4 Bedrooms, 2.5 Bathrooms, 1,736sqft

Asking Price: $399,500

If you live here, you will host great parties, sleep easy in well-appointed master and make plenty of memories with the amazing neighbors who couldn’t be more excited to have you!

Enjoy everything that this Crafstman-chic home has to offer. Towering ceilings with a wall of windows greets you as you enter the front door. New luxury laminate wood floors throughout. The well appointed chef’s kitchen features custom cabinets, stainless steel appliances, butcher block counters and marble-inspired ceramic tile. The master bedroom suite also has vaulted ceilings and a dreamy master bathroom. Over-sized soaking tub, his/her closets and double vanity. This is the home you have been waiting for! 

Home Upgrades Include:

• New HVAC system with conveyable warranty

• New Roof with conveyable warranty

• Stainless steel appliances

• New Garage Door

• New Fixtures, hardware throughout

• New luxury laminate floors and high end carpet

• New Custom Kitchen by Ikea

Location:

• South Austin neighborhood of Cherry Creek

• Easy access to I35 and Mopac

• Minutes from Shopping at:

  • Central Market

  • HEB

• 15 minutes to Downtown Austin

July 2018 Market Report - Single-family home sales experience double-digit growth

July 2018 Market Report - Single-family home sales experience double-digit growth

Summer is over and the market has started to enter it's cooling off period. School is starting, Football season is right around the corner and Austin is in need of a much needed break from the heat. The same goes for the Hotter than Hot real estate market that reached new highs for the month of July. 

Here is a quick snapshot of what happened in July 2018:

The Median home price for Central Austin (which includes the entire 5 county MSA) is $320,000, up 6% year over year. The volume of sales has also increased by 9%, up to 3,103 homes sold in July. The average days on market (44) and the total supply of homes (2.9 months of inventory) has stayed somewhat flat. However, with fewer homes coming on the market than last year and more homes selling, our market is continuing to tighten up with demand far exceeding supply. 

Here is the Press Release from the Austin Board of Realtors with the rest of the market update for July 2018. 

AUSTIN, TX– Strong homebuying activity throughout the summer led to double-digit home sales growth in July, according to the July 2018 Central Texas Housing Market Report released today by the Austin Board of REALTORS®. The five-county Metropolitan Statistical Area (MSA) experienced the highest volume of home sales since July 2011, and the highest median home price on record for any month.

“Strong pending sales activity in June contributed to a big uptick in home sales growth last month, and pending sales growth was strong again in July, too,” Steve Crorey, 2018 president of the Austin Board of REALTORS®, said. “This means we could see another uptick in home sales growth in August to end the summer selling season on a high note.”

In the city of Austin, single-family home sales experienced a double-digit increase of 13.5 percent year over year to 952 sales, while sales dollar volume increased 19.8 percent to $451,315,853 in July.

Austin-Round Rock Metropolitan Statistical Area (MSA)
In the Austin-Round Rock MSA, July single-family home sales increased 8.8 percent year over year to 3,103 sales, while sales dollar volume increased 13.7 percent to $1,254,255,680. The median home price increased six percent year over year to a record-breaking $320,000.

For the second month in a row, pending sales growth experienced strong gains across the MSA, increasing 8.3 percent year over year to 3,201 pending sales in June and 10.8 percent to 3,065 pending sales in July. However, the number of homes on the market fell during the same time frame. In July, active listings for the five-county MSA fell 2.7 percent to 7,522 listings and new listings decreased 1.2 percent to 3,738 listings.

“Housing construction is at an all-time high in Central Texas, but the pace of new housing stock entering the market can’t justify last month’s jump in sales growth on its own. These gains in home sales activity are being driven by pure demand,” Vaike O’Grady, Austin regional director for Metrostudy, said.

“Home sales are up across the board in the Austin area, but declines in housing inventory are almost just as steep. The city of Austin, in particular, lost almost half a month of inventory from July 2017 to July 2018. That's a lot of inventory to lose year over year,” Crorey said. “ABoR housing market data underscores not only the ongoing strong housing demand in our region, but the critical need for more housing stock at all price points in and around Austin.”

City of Austin

In the city of Austin, the July median price for a single-family home increased six percent year over year to $390,000. During the same time frame, new listings decreased seven percent to 1,066 listings; active listings decreased 13.8 percent to 1,675 listings; and pending sales rose 11.6 percent to 904 sales. Monthly housing inventory decreased 0.4 months to 2.1 months, well below the Real Estate Center at Texas A&M University’s benchmark of 6.0 months as a balanced housing market.

Travis County

In Travis County, July single-family home sales increased 15.7 percent year over year to 1,594 home sales, while sales dollar volume increased 17.5 percent to $769,540,765. The median price for single-family homes grew 4.5 percent to $375,000. During the same period, new listings remained relatively flat, with a 0.3 percent increase to 1,854 listings. Active listings decreased 7.8 percent to 3,543 listings, while pending sales jumped 12.3 percent to 1,503 sales. Monthly housing inventory decreased 0.3 months year over year to 2.8 months of inventory.

Williamson County

In Williamson County, July single-family home sales increased 5.7 percent year over year to 1,054 home sales, while sales dollar volume increased 7.7 percent to $326,159,581. During the same period, the median price for single-family homes increased 2.1 percent to $280,734. New listings decreased 6.5 percent to 1,204 listings; active listings decreased 2.1 percent to 2,497 listings; and pending sales rose 10.6 percent to 1,055 pending sales. Housing inventory decreased 0.2 months year over year to 2.8 months of inventory.

Hays County

In July 2018, Hays County single-family home sales rose 2.7 percent to 347 sales, while sales dollar volume slightly decreased, with a 0.6 percent decrease to $113,218,199. Median price decreased three percent year over year to $265,000. During the same time frame, new listings remained relatively flat, with a 0.2 percent increase to 478 listings; active listings increased 5.9 percent to 1,045 listings; and pending sales rose 6.1 percent to 366 sales. Housing inventory increased 0.1 months to 3.6 months of inventory.