🤠🏡 Selling Austin #15

Welcome everyone, happy Friday!

So many new faces today - I am excited to have you all here.
If you’re here from our feature in the Austin Business Review - hi! 👋 

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WHAT'S INSIDE

• 🤠 WHAT’S HAPPENING AROUND TOWN

• 👀 DEAL OF THE WEEK

• ⁉️ WHAT THIS MEANS FOR YOU

• 🤤 HOUSE WORTH DROOLING OVER

🤠 WHAT’S HAPPENING AROUND TOWN

The Domain is Getting a Facelift.

Welcome to Verde Square:

This 6-acre, mixed-use development near the Austin FC stadium is back on track and bigger than ever. Verde Square was supposed to be completed in 2025 but high interest rates and construction costs stalled development. Developer Matt Schwab said they “secured the right mix of tenants” during the delay and expanded their plans - increasing building heights up to 30 stories.

Situated along Burnet, Verde Square will include:

• 369 apartments

• 450,000 square feet of office space

• 35,000 square feet of retail

• 190 room hotel

• 1 acre outdoor plaza for events 🌳 

Other upcoming Domain developments include:

• 21-story office tower dubbed Terra @ Domain

• 20-story apartment building by Trammel Crow

• 500,000 square foot office project located at 11901 N MoPac

  • You’ll recognize their star tenant - IBM has agreed to lease 320,000 square feet

TLDR:

• The Domain will be unrecognizable in the next 3-5 years

• Influx of residential, commercial and retail properties

• 🔎 Psst: Looking for investment properties? Get in early and capitalize. When projects complete, values will skyrocket 🚀 

👀 DEAL OF THE WEEK

Last week’s deal (see below) had a ton of traction. It went under contract 2 days later.

Finding an assumable loan home for sale is like finding a needle in a haystack.

Let me save you the effort.
I’ve compiled a list of assumable loan properties in Austin - if you’re interested, shoot me an email and I’ll get it over to you!

Last Week’s Deal:

Check this out -

• assuming 20% down the $1,090,000 property above you are:

  • saving $2,100 a month

  • saving almost $750,000 over the lifetime of the loan

⁉️ WHAT THIS MEANS FOR YOU

If you’re a buyer/seller/investor/renter or just interested in real estate - this weekly newsletter will help guide your decision making and help you better understand the market.

🤤 HOUSE WORTH DROOLING OVER

I mean sometimes you just need 16 bedrooms.

For $11,350,000 you get 4 properties and 2 acres of lush West Lake land. Some might even say this is reasonably priced 🤫 

Thank you for being here! Reply to this email if you have any questions or just to say hello! 👋 

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