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​Actor James Marsden buys home in Austin area for 'small-town feel'

Marsden is the newest celebrity Austin resident. (Gage Skidmore/CC)

Austin has a new celebrity in its midst! Best known for his role as Cyclops in the “X-Men” movies, actor James Marsden has relocated to West Austin.

Records show that Marsden purchased an approximately $1.8 million home in the Commons Ford area in May 2021, the San Antonio Express News first reported. Months earlier in December 2020, he told Kelly Ripa and Ryan Seacrest on “Live with Kelly and Ryan” that he was renting a home in the Austin area.

Growing up in Oklahoma, 48-year-old Marsden said he loves the Austin area.

“I love it. I’ve been coming here for 20 years,” Marsden said. “It’s still got that small-town feel to it but it’s definitely booming at the moment.”

Marsden is well-known for his continued role of Cylops in X-Men. (X-Men)

The five-bedroom, four-and-a-half bathroom, 5,160 square foot home was built in 2007. With several houses in Los Angeles over the years, Marsden’s new home seems like a modest choice but comes with seven-inch ebony hardwood floors, a living room fireplace, and mature trees on a full acre of land.

The home is fitting for a celebrity client, boasting a guest casita with a full kitchen, murphy bed and an outdoor shower on the Ipe wood deck.

It is unclear how much Marsden paid for this new abode, though records show that Marsden took out a loan of $1.84 million for the principal amount.


With deposition and trial looming, Elon Musk has offered $44B for Twitter, again

Elon Musk has proposed once again to buy Twitter for $54.20 a share.

The news that Musk is offering to carry on with the $44 billion buyout was first reported by Bloomberg. Now, a filing with the Securities and Exchange Commission shows Musk made the proposal in a letter to the tech giant on Monday.

The New York Stock Exchange temporarily halted trading in Twitter stock twice Tuesday, first because of a big price move and the second time for a news event, presumably the announcement of Musk's renewed offer.

While the per share offer price on this latest proposal remains the same as the original offer, it’s unclear if Musk has made other term changes or if Twitter would reject it. According to other reports, a deal could be reached this week.

The stock closed at $52.00/share Tuesday, indicating market uncertainty around the $54.20 offer.

After Musk informed Twitter of plans to terminate the original agreement in July, Twitter sued. A trial has been expected in Delaware Chancery Court on Oct. 17.

With the proposition of a buyout on the table again, it revives the question of whether Musk might move Twitter from San Francisco to Central Texas.

He’s done so with some of his other companies. Tesla’s headquarters in southeast Travis County had its grand opening earlier this year and tunneling business The Boring Company moved to Pflugerville. At least two other Musk companies, SpaceX and Neuralink, have a Central Texas presence without being headquartered here.

Technology journalist Nilay Patel this afternoon voiced concerns that owning Twitter and Tesla together could be problematic for Musk, as his Tesla manufacturing facilities in Germany and China are both in countries that have disputes with Twitter over content moderation and censorship.

Telsa shares fell after the Twitter news became public, before rallying to close up, at $249.44.

Austin rents nearly double in a year and are now in the top 5 nationwide

While searching for a place to live, Austin renters will face monthly rates of nearly $3,000, a recent guide from rental marketplace Dwellsy shows.

The median rent in August this year was $2,930, a more than 86% increase since August 2021. That’s $820 more than the nationwide median asking rent in August and puts Austin just below the Bay Area, Boston and New York for large cities with the most expensive asking rent.

“Within this group, Austin, TX stands out for the highest increases in asking rent, which has nearly doubled since this time last year,” the study notes.

Outside of those large cities, however, others are seeing even higher rent spikes. Metro areas that ranked above Austin in one-year increases include those like Kansas City, MO with a 112% change in rent since last August and Tucson, AZ with a 124% change.

The data reflects large apartment communities, single-family homes and 2-6 unit buildings.