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Downtown Austin Open Houses

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Downtown Austin open house listings for Sunday, April 18th

It’s buying season!  If you’ve been considering buying a downtown Austin condo, then you should come down and check out a few open houses.  You can generally walk from building to building.  This weekend you can browse at your own pace at the 360 condos, Spring condos, Milago, Railyard, and the Austonian sales center.

  1. 360 Nueces St #2908 1bd/1ba $279,700 1-4 [Zee Realty]
  2. 360 Nueces St #1205 2bd/2ba $464,885 1-4  [Zee Realty]
  3. 54 Rainey St #709 2bd/2ba $324,900 1-4 [Keller Williams]
  4. 360 Nueces St #2710 1bd/1ba $289,885 1-4 [Zee Realty]
  5. 360 Nueces St #1113 1bd/1ba $324,750 1-4 [Zee Realty]
  6. 301 E 4th St #301 3bd/2ba $309,000 11-2 [Platinum Realty]
  7. 300 Bowie St, Spring sales center, model units, 1-5pm map website
  8. 200 Congress Ave, Austonian sales center located at 300 W 6th, 12-5pm map website

When you’re done with the open houses, you can enjoy an afternoon on Lady Bird Lake by renting a canoe or kayak from at the Texas Rowing Center. Or, dine al fresco at Annie‘s Cafe on Congress Ave for breakfast, lunch, or dinner.  Make sure to download my 2010 First Quarter – downtown Austin real estate report (.pdf) and discuss with a Realtor who lives and works in downtown Austin.

-Jude

Downtown Austin Open Houses

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Downtown Austin open house listings for Sunday, March 28th

Ahhh… it’s 8am and it looks like another beautiful day in Austin, Texas.  If you’ve been considering buying a downtown Austin condo, then you should come down and check out a few open houses.  You can generally walk from building to building.  When you’re done, you can enjoy an afternoon on Lady Bird Lake by renting a canoe or kayak from Matt Knifton at the Texas Rowing Center.

This weekend you can browse at your own pace at the Austin City Lofts, 36o condos, Cambridge Tower, The Shore condos, Spring condos, and the Austonian sales center.  If you’re into adaptive reuses of older buildings, checkout DAB’s list of downtown Austin lofts for sale.  Looking for downtown Austin FHA approved condos in order to qualify for 3.5% down?  We’ve got the info.

Sunday
1) 603 Davis #1503, 2bd, 2ba, $695,000, 2-4pm [AvenueOne]
2) 800 W 5th #601, 2bd, 2ba, $649,900, 1-3pm [Urbanspace]
3) 360 Nueces #2508, 1bd, 1ba, $287,500,11-2pm [Platinum Realty]
4) 1801 Lavaca #15A, 2bd, 3ba, $411,000, 12-4 [Uptown Condos]
5) 1801 Lavaca #4J, 3bd, 2ba, $469,000, 12-4pm [Uptown Condos]
6) 300 Bowie St, Spring sales center, model units, 1-5pm map website
7) 200 Congress Ave, Austonian sales center located at 300 W 6th, 12-5pm map website

Don’t see the properties you’re interested in? Ask a Realtor who lives and works in downtown Austin.

Latest From Downtown Austin Facts

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What’s it like to be a single mom, or a married couple in downtown Austin? Take a listen…


The audio links above represent the latest radio spots from DowntownAustinFacts.com (link).  I still feel compelled to qualify their proclamation that there are only 400 condos remaining.  From one perspective, that number is insufficient to describe the number of units available for purchase.  From another perspective, that number paints an overly rosy picture of what’s available to the average buyer. To elaborate further:

First, this number (400) represents new construction and doesn’t include the approximately 175 resales that are on the market.

Second, this number represents the inventory at four buildings: the Austonian, Block 21 Residences (aka W Hotel Residences), Residences on Town Lake (aka Four Seasons Residences), and Spring condos.

Third, how many new “attainably” priced units are available?  Nearly ZERO – ok, there are five units at Sabine and two units at the Shore condos.

Let’s get this out of the way for the trolling skeptics… DowntownAustinFacts.com is a website sponsored by a consortium of builders.   That fact doesn’t change the reality that downtown Austin is facing a shortage of condos for sale over the next 5-10 years, especially priced in the 200-400k range.  THE INVENTORY IS LOCKED IN.  You will not see any new projects come out of the ground until at least 2013, perhaps longer.

-Jude

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Downtown Austin Open Houses

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downtown-austin-open-house

Open houses in downtown Austin for Sunday, March 14th

The great thing about downtown Austin open houses is that you can generally walk from building to building.  If you’re into adaptive reuses of older buildings, checkout DAB’s list of downtown Austin lofts.  Looking for downtown Austin FHA approved condos in order to qualify for 3.5% down? We’ve got the info.

This weekend you can browse at your own pace at the Milago condos (btw, have you visited Rainey Street recently?), Towers of Town Lake, 360 condos, Spring, and the Austonian sales center.

Sunday
1) 54 Rainey St, #501, 2bd, 2ba, $369,900, 12-3pm [Pacesetter] map
2) 40 N Interstate-35, #11A3, 2bd, 2ba, $584,000, 2-4pm [Turnquist] map
3) 360 Nueces St, #2508, 1bd, 1ba, $287,500 11-2pm [Platinum Realty] map
4) 360 Nueces St, #1810, 1bd, 1ba, $279,800 2-4pm [Urbanspace] map
5) 300 Bowie St, Spring sales center, model units, 1-5pm map website
6) 200 Congress Ave, Austonian sales center located at 300 W 6th, 12-5pm map website

Don’t see the properties you’re interested in? Ask a Realtor who lives and works in downtown Austin.

Austin Parks Foundation Gets Big Boost From Downtown Developer

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View from Spring condos #3802, 3bd/3ba

On March 3rd the developers of Spring Condos, a new downtown residential tower, will announce a $50,000 contribution to the Austin Parks Foundation. The contribution is based on a formula of $500 for each new Spring resident, and will target needed public improvements to the lower Shoal Creek Trail, which have been called for since the 1990s. When all the units at Spring are sold, the total contribution will top $100,000.

The developers will gather at the Shoal Creek pedestrian bridge to make the announcement with Mayor Lee Leffingwell, City Councilmember Chris Riley and numerous parks and downtown advocates. The Shoal Creek pedestrian bridge is one block west of 3rd and Nueces. The Spring residential tower will provide the visual backdrop.

The developers of Spring­–Diana Zuniga, Perry Lorenz, Larry Warshaw, and the late Hon. Robert Barnstone–set a standard for providing community benefits for downtown development during their zoning case several years ago. This led to a string of other developers offering similar benefits, leading to millions of dollars in pledges and contributions for parks and trails, new sidewalks, and affordable housing.

WHO: Mayor Lee Leffingwell, City Councilmember Chris Riley, Spring developers, Charlie McCabe of the Austin Parks Foundation, and representatives of the Trail Foundation, Downtown Austin Alliance, Austin Metro Trails & Greenways, and Original Austin Neighborhood Assn.

WHAT: Announcement of a $50,000 contribution to the Austin Parks Foundation for improvements to the Shoal Creek Trail.

WHERE: Shoal Creek pedestrian bridge, one block west of 3rd and Nueces. Spring residential tower will provide the visual backdrop.

WHEN: Noon Wednesday, March 3rd