copilot@localteam.ai 512-710-0337
Local News

Student housing tower near UT sold

​AUSTIN – Global Student Accommodation has purchased Waterloo Tower, a 796-bed s​tudent housing community at 2400 Seton Ave.

​Built in 2020, the 30-story tow​​er has one- to six-bedroom floor plans ranging from 286 to 1,695 sf. It will ​be renamed Yugo Austin Waterloo.

Amenities include a coffee shop, spin studio, fitness center, pool, hot tub and sauna, and private study rooms.​

LV Collective was the seller. Yugo will manage the property.​

The Texas Real Estate Research Center has more news like this online for free:

Texas Quarterly Apartment Report Austin multifamily news​ ​Source: Multi-Housing News​

Austin Real Estate News
Local News

JV planning 27K-sf retail, office project in metro Austin

​DRIPPING SPRINGS – Long View Equity and Endeavor Real Estate Group have purchased 5.6 acres for Sawyer Ranch, a 27,000-sf commercial​ project.

The property will have 13,000 sf of office space a​nd 14,000 sf of retail space.

Sawyer Ranch is currently 55 percent preleased.

Construction starts in first quarter 2023 and will wrap by fourth quarter 2023.​​

The Texas Real Estate Research Center has more local commercial real estate news like this online:

​Texas Quarterly Commercial Report ​ Austin retail  and office ​ news ​Source: REBusiness Online​

Austin Real Estate News
Local News

San Marcos studio apartment complex opening

​​SAN MARCOS – Oaks 35 Apartments, a studio-centric community at 1635 Aquarena Springs Dr., is welcoming its first tenants on Aug. 15.

The community has 100 studio apartments measuring 281 sf each.

Amenities include a dog park, 24-hour fitness center, and pool.

The complex was designed to serve students at Texas State University.

The Texas Real Estate Research Center has more news like this online for free:

Texas Quarterly Apartment Report Austin multifamily news​ Source: Connect CRE​

Austin Real Estate News
Local News

South Austin subdivision on the way

​AUSTIN – ​MidCity Homes, a new division of locally based Cumby Group, is building a moderately priced single-family subdivision called Southstone. 

The 232-home c​ommunity will be on 42 acres at 1300 W. Dittmar Rd. It will offer duplex homes starting in the high $400,000s, and single-family homes starting in the mid $500,000s. 

Amenities will include a community swimming pool, walking trail, and ten-acre park with playscape, pavilion, and grilling area. 

The first phase includes 59 homes. Southstone will be complete in late 2024.​

The Texas Real Estate Research Center has more news like this online for free:

Texas Housing Insight Austin-area housing news   Home Price Index Central Texas housing reports   ​Source: Cumby Group

New Subdividion in South Austin: Southstone
Local News

Wayfinder completes the sale of Troubadour in central Austin

​​AUSTIN – Wayfinder Real Estate has sold Troubadour, a 321-unit multifamily community at 3403 Harmon Ave.

The six-story complex has one-, two-, and three-bedroom units. Sixteen are reserved for residents making less than 80 percent of the area median income.

Amenities include an outdoor movie theater, rooftop terrace, resort-style pool, and multiple courtyards.

Troubadour is expected to reach 93 percent occupancy by the end of August.

The buyer was an affiliate of Christopher Investment Co.​​

The Texas Real Estate Research Center has more news like this online for free:

Texas Quarterly Apartment Report Austin multifamily news​ ​Source: ​Buie & Co. Public Relations​

Austin Real Estate News
Local News

Stratus planning 316-unit community near UT Austin

​​AUSTIN – Stratus Properties is developing The Saint George, a 316-unit multifamily community near the University of Texas.

Plans call for a pool, fitness center, ​rooftop deck, and communal workspaces.

About 10 percent of units will be allocated as affordable housing.​

Comerica Bank provided a four-year, $56.8 million construction loan.

Construction begins soon and wraps in mid-2024.

The Texas Real Estate Research Center has more news like this online for free:

Texas Quarterly Apartment Report Austin multifamily news​ ​Source: REBusiness Online​

Austin Real Estate News
Local News

AHV to launch BTR complex in Leander

​LEANDER – AHV Communities is planning a 224-unit build-to-rent community.

The complex will have three- and four-bedroom homes ranging from 1,500 to 1,900 sf.

​Amenities will include a pool, fitness center, dog park, and game courts.

Construction begins in first quarter 2023.​

Austin Real Estate News
Listings

2040 Flintshire Drive

SOLD: 2040 Flintshire Dr, New Braunfels, TX 78130 ASKING PRICE $365K    Excellent Opportunity in highly desired Park Ridge Estates. This 4 bedroom, 2 bath home has been meticulously cared for by the owner, with brand new hardwood flooring and new appliances....

2040 Flintshire Dr, New Braunfels, TX 78130
Local News

Bee Cave multifamily project gets green light

​BEE CAVE – The city council has approved the rezoning of 22 acres for the construction of a 340-unit multifamily complex in this city west of Austin.

Developer The Morgan Group plans for the community to span ten buildings with 340 apartment units and 59 attached townhomes.

Three-and-a-half acres will be allocated for scenic trails and two overlooks of the Balcones Canyonland Preserve.

The project is expected to be complete in three to five years.​

Austin Real Estate News