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Downtown Austin Blog

downtown Austin's real estate and neighborhood blog

Purchasing Power of $300,000 in Austin's Urban Core

Jude Galligan | June 23, 2009 |

Railyard #256 is an example of what $300k can purchase in Urban Austin
Railyard #256 is an example of what $300k can purchase in 'Urban Austin'

Inspired by the recent Austin Magazine column, I thought it would be interesting to research the purchasing power of $300,000 in Austin’s urban core. The properties below are currently available to purchase and are listed between $290-310k.  I left out several properties, but wanted provide a broad spectrum of product.

The descriptions come directly from the listings.

Downtown
1125sf 2bd/2ba condo at the Railyard
“Bright living/dining area with fireplace, vaulted ceiling. Beautiful mosaic backsplash/walls in Kitchen. Large Balcony. Spacious loft – includes 2 separate work areas with lots of shelf space. Extra storage area behind movable loft shelving — rare in this complex. Can’t beat the location – close to 2nd Street District, downtown bars, restaurants, and music. Buyer Bonus – 1 week stay in Seller’s 2 bedroom beachside condo in Fripp Island, SC (worth approximately $2,000).”

South Austin (SoCo, S. 1st, Bouldin, etc)
972sf 1bd/2ba condo at the 04 Lofts
“Only a few left!! Home to By George & various retail, the 04 Lofts offers open living spaces w/ downtown views while blending textures of natural materials – concrete, granite & glass tiles along w/ natural light, high wood ceilings & terra cotta walls. 1st floor units feature private courtyds,others feature balconies. All units share in a stunning roof-top deck, secured parking, controlled access, & a tranquil garden courtyd. Seller will finance. ”

East Side
2160sf 3bd/3ba house at 2400 E 11th Street
“2400 e 11th st is a recently built home [completed 2008 per builder] in East Austin just minutes from downtown and designed for entertaining. It is unique in every way from the custom doors to the handmade tilework inside to the covered porch defining its architecture. Live near downtown with more space for half the cost! Potential Short Sale. Listed for less than what is owed on property. ”

Clarksville
1454sf 3bd/2ba condo at 606 West Lynn
“This condo is gorgeous inside and priced to sell! Floorplan is good for either a family or roommates.”

Hyde Park
800sf 2bd/1ba house at 3711 Cedar Street
“Just north of UT campus. Estimated +/- 800 sqft per owner. Deep lot with alley access. Updated bath & kitchen. Currently leased thru 8/10/09.”

$300,000 mortgage with 10% down, 5.5% interest over 30 years, yields a payment of $1533 per month.  Property taxes will be approximately $530 per month.  For more information about these or other properties feel free to call or email me.

-Jude

Filed Under: downtown austin

A Downtown Weekend Spent Outdoors – Sunday

Jude Galligan | June 22, 2009 |

The Rowing Dock
The Rowing Dock on Lady Bird Lake

It’s been a couple of years since I’ve been on Lady Bird Lake.  I woke up early on Sunday morning and wanted to rent a kayak.  Even though the temperature has been high, the mornings are still crisp and perfect for some morning zen.  At 7am I headed down to the Rowing Dock, just beyond Zilker Park.  Here it is easy and quick to rent a kayak.  I rented a normal kayak and not one of the popular single sculls.  $10 per hour, fill out one form, they drop the kayak in the water and you’re off.

under the bridge graffiti art
under the bridge graffiti art

My goal was to make it from Mopac bridge to Lamar bridge.  By foot or by bike this doesn’t seem like a big deal, but by kayak this is quite a distance.  It was worth it as I snapped a couple of photos [the white balance on my camera is off 🙁 ]

Downtown Austin Skyline From The Water
Downtown Austin Skyline From The Water

Not far from where this photo was taken was the Barton Springs outlet. The water depth couldn’t have been more than four feet in certain places. I’ve heard that animal waste that comes from dogs swimming in Barton Springs is one of the main reasons that people are allowed to swim in Lady Bird Lake.

This weekend I’ve rediscovered downtown Austin’s outdoor amenities. We take it for granted and so often forget to enjoy so much of what downtown Austin has to offer.

-Jude

Filed Under: downtown austin

A Downtown Weekend Spent Outdoors – Saturday

Jude Galligan | June 22, 2009 |

Asylum Street Spankers @ Wooldridge on Saturday
Asylum Street Spankers @ Wooldridge on Saturday

It was 100 degrees but lots of people dropped by to help celebrate the Wooldridge Square’s anniversary on Saturday

[DANA president] Jamie Lagarde, Michael McGill, and Jude Galligan
DANA president Jamie Lagarde, Michael McGill, and Jude Galligan @ Wooldridge Square

Filed Under: downtown austin

Downtown Stakeholders Respond To Violence

Jude Galligan | June 18, 2009 |

This past year downtown stakeholders have identified hot spots of criminal activity in the entertainment district and have been able to work with police, TABC, and landlords to remove Paradox, Planeta, and Spiros. This morning I received the following message from Randy Fortenberry in response to KVUEs story on violence surrounding Club Fuze. With Randy’s permission, his message is copied in its entirety below. Randy has been instrumental in purging the entertainment and convention district of venues which host the majority of violent crime.

Please take five minutes to email the people listed below with a message that you will not tolerate clubs that knowingly play host for violent crime.

All,

Last night one of our local TV stations did a large feature on Club Fuze and the continued violence surrounding that club.  There have been continued “sucker punches” of passing pedestrians similar to the type which killed the young man in front of Coyote Ugly.

I am sending you a list of relevant city officials that I am asking you to contact in relation to this new story.

If there is enough pressure at this time we may be in the perfect position to make a real impact on the existence of Club Fuze.

Your concerted actions in regards to Club Paradox and Planeta worked wonders.

Please take just a few minutes to address one, a few, or all of the following folks regarding our downtown safety, our desire to live in a downtown urban core that is safe, the necessity of a crime free downtown if Austin is to remain as one of the most livable cities, your personal safety and the safety of your family.

It only takes a minute and your letter may be the one that makes the difference.

Thanks,

Randy Fortenberry
The Avenue Lofts

Andrew.Moore@ci.austin.tx.us
Art.Acevedo@ci.austin.tx.us
bbrice@downtownaustin.com
brewster.mccracken@ci.austin.tx.us
cbetts@downtownaustin.com
Antonia.Singletary@ci.austin.tx.us
Cory.Ehrler@ci.austin.tx.us
David.Laibovitz@co.travis.tx.us
*personal email address removed*
gena.curtis@ci.austin.tx.us
mike.martinez@ci.austin.tx.us
sheryl.cole@ci.austin.tx.us
lee.leffingwell@ci.austin.tx.us
laura.morrison@ci.austin.tx.us

Filed Under: downtown austin

Downtown Austin Alliance Is Hiring

Jude Galligan | June 18, 2009 |

Here is a great opportunity to live and work in downtown Austin!

“The Downtown Austin Alliance seeks a seasoned urban Arts & Parks Director who can build on the Alliance’s partnerships to create a more exciting, creative and connected downtown through parks, open spaces, plazas, art institutions, public art, entertainment and the creative culture in the community. Download the job description here. Deadline for application is Friday, July 17, 2009 at 5:00p.m.”

-Jude

Filed Under: downtown austin

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