Senna Hills is a great community outside the city limits of Austin, but still using an Austin, TX address. The taxes aren't too bad at "only" 2.3226%.
There are many "mature" areas of Senna Hills, but still several lots left to build brand new. The lots that are left are in the 90 foot section which means HUGE yards and they also have great views!
Both Taylor Morrison and Drees Homes are building on the remaining lots.
Here are some pictures of the amenities. You have a full-sized, lap pool, a kiddie pool, a park, a basketball court, and a tennis court.
They even offer Happy Hour every Friday throughout the summer from 5pm-9pm.
Some of the stats for Senna Hills are:
Active Listings: There are currently 14 active listings with the average size being 4110 sqft, built in 2002, 95 days on the market, and priced at $632,242. Within those averages, the least expensive home is $449,500 at 3413 sqft and the most expensive is $995,000 at 5891 sqft. 4 of the 14 are NEW construction homes.
Pending Listings: There are currently 5 pending listings under contract with the average size being 3638 sqft, built in 2004, 182 days on the marketand priced at $567,937. 3 of the 5 are NEW construction homes.
Sold Listings: There were recently 14 sold listings from the past 6 months with the average size being 3552 sqft, built in 2007, 116 days on the market, and SOLD at $498,441. The average asking price of the sold listings was $569,739. That's a ratio of 87.5% of asking verse selling price. Within the averages, the least expensive homes was $330,000 at 1859 sqft and the most expensive was $616,800 at 4785 sqft. However, 12 of the 14 are NEW construction.
Withdrawn and Expired Listings: There were 7 listings that have either expired or withdrawn from the market. The averages are 3853 sqft, built in 1999, priced at $548,356 for 181 days on the market.
My opinion? The pre-owned homes are trying to compete with the brand new homes, but it's hard to sell something "used" when "NEW" is an option. When you only have 2 pre-owned homes sell in the past 6 months, you can see where the demand is, newer homes.
My advice? If you're already in the neighborhood, plan to stick around another 2 years minimum. If you have to sell before the community builds out, price your house below the new homes or you're going to be in the list of Expireds and Withdrawns.
**Are You Packed Yet?**
Donna Harris, REALTOR®
RE/MAX Austin Skyline
www.DonnaHomes.com
Donna@DonnaHomes.com
Austin, TX and the surrounding areas of Lakeway, Bee Cave, Westlake Hills, Cedar Park, Round Rock, Spicewood, Circle-C, Steiner Ranch, and everywhere in between... Whether you're buying or selling, I'll be with you through the entire process.
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The demand? Maybe some of these buyers are hoodwinked into thinking that newer is financially a better deal. The built in incentieves, inflated prices and unsure lot surroundings are usually ignored because too many buyers do not use an area Realtor. Perhaps your market report will shed some light that when buying new you should use a Realtor.