Talk about a complete 180 in the Austin - Lakeway, Texas housing market...
It was just a few years ago that buyers were complaining that there was nothing to buy that was affordable here in Lakeway, TX.
Properties sold off-market and homes that were meant to be listed on the MLS went before they were even keyed into the system and signs were set.
Builders sold at premiums BEFORE breaking ground and new construction inventory was super-low because of all of the demand...
Builders couldn't keep up with the exodus, wave of people relocating here from California and other areas.
Those days of multiple offers and waived inspections feels as if it's long gone or never even happened!
Buyers now have leverage here and it's time for sellers to acquiesce, slide over and allow them to take the driver's seat.
Although interest rates just rose again over 7% (a historically low rate), the current market cycle is rewarding buyers with some great opportunities to get into a new home!
You can now buy a well-built New Luxury Home in Lakeway, TX for less than $400/sq. ft.! (like this one in the pictures above and below)
This is big! (and the home in the pictures is as well... 3000+ sq ft. big!)
Not to mention, you can also buy a Resale home here in Lakeway, Texas for much less than $300/sq. ft.! EVEN BETTER!
At this time, I want to give you a guided video tour of a New Build that I've got at $359/sq. ft. (you've already seen 3 pictures) that would be perfect for anyone who appreciates quality construction, natural light, a great layout and a convenient location close to the center of town in Lakeway, Texas.
It's just 1+ mi. from Lake Travis and part of a high ranking school district, LTISD!
The home is located at 207 S. Meadowlark St., Austin, TX 78734
5 Bd, 4.5 Ba + Bonus Rm, 3,056 sq. ft. on 1/4+ ac. lot LOW 1.6% Property Tax Rate
I'm not clairvoyant so I can't be sure of what's to come however right now there are amazing opportunities to buy in the Austin - Lakeway, Texas area.
If you or your clients are in the market to purchase a home or investment, I'd take a careful look at this thriving area.
Lakeway, Texas and the Hill Country Northwest of Austin is a picturesque, quasi-mountainous region sculpted by Lake Travis and the Colorado River.
This diverse community is a wonderful place for kids to grow up, to launch a career with so many possibilities or to nest peacefully here in your retirement.
I'd love to have a discussion with you about all the amenities that this town (small city) has to offer.
Cary Nemeroff, Austin Lakeway ASL Realtor
(512) 409-4047
austinlakewayrealtor@gmail.com
www.austinlakewayrealtor.com
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