🤠🏡 Selling Austin #67

Buy Emma Stone's House 🤩 + Fastest Growing Cities Right Outside of Austin 📈

Hi y’all, welcome back to Selling Austin - your weekly local real estate recap.

Inside: Buy Emma Stone's House 🤩 + Fastest Growing Cities Right Outside of Austin 📈 

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(*unbiased opinion)

WHAT'S INSIDE

🤠 WHAT’S HAPPENING AROUND TOWN

👋 Hi, I’m Kirtana!

I’m an ex-dentist turned Realtor - let’s work together! Email me, tweet me or send me a carrier pigeon. 🐦️ 

Can you guess one of the fastest growing cities outside of Austin?

Hutto. 35 minutes NE of the city - Hutto has exploded in the last few years. They’ve also just had a major win:

  • A large mixed-use development is moving forward after months of legal battles between the city and the developer

  • Hutto City Council approved agreements for a 112-acre project near Highway 79 and 130.

Before

After

How big of a project are we talking?

This quarter billion dollar (sounded cooler than $250M) development will include:

  • 205 single family homes

  • 220 townhomes

  • 300 apartments

  • 60,000 sqft of commercial space

This isn’t the only development moving forward - over 350 acres of work are in the pipeline.

Psst: This is a great place for investors to look - expect prices to rise sharply after the completion of these projects.

👋 LETS TOUR

It takes one look to fall in love with this property - reply here to set up a tour.

⁉️ 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.

Buyer
- We are in a buyers market

- Increased inventory

- Do not expect exceptional properties to sit on the market - we are seeing quick movement on prime homes

Seller
- Increased inventory = increased competition

- Avoid common listing pitfalls: inaccurate pricing will lose you both time and money. If you renovate - be specific and intentional. Not every upgrade has the desired ROI.

Renter
- If you’re living in a high rise downtown - NEGOTIATE

- Seeing big complexes offer 6-8 weeks free

🤤 HOUSE WORTH DROOLING OVER

If you’ve ever wanted a slice of Hollywood in Austin - here’s your chance.

One of the priciest residential listings in the city has hit the market courtesy of Emma Stone.

After 3 years and $11M of renovation - her 10,000 sqft, 1.25 acre Tarrytown property is for sale.

This property is yours for: $26,500,000.

You might think no one is buying at this price point in this economy but Austin’s luxury market is still seeing high end movement. Multiple $20M+ properties have transacted in the last few months.

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

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