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With its "boomtown" label reaching national news and swaths of tech companies migrating to the Texas capital, Austin's housing market is steamrolling ahead.
Austonia reached out to Austin Board of Realtors President Susan Horton to learn which neighborhoods are the most in-demand for incoming buyers, here is what she said.
Austin's Mueller neighborhood promotes live-work-play principles with its mixed-use lots and extensive greenspaces. (Mueller Austin/Facebook)
Austin's downtown hub is often elusive for homebuyers, but Mueller, built on the city's closed Robert Mueller Municipal Airport, is drawing in droves of residents looking to live near the action.
- Affordability: The only mixed-use neighborhood on the list, Mueller provides diversity in housing from large properties to apartments, and a commitment to affordable housing is part of its mission statement.
- Proximity: Located just north of The University of Texas at Austin and just east of I-35 with Hyde Park as its westerly neighbor, the neighborhood is prime real estate for those who work downtown.
- Walkability: With its own retail, including a large H-E-B, various businesses and schools in the area and plenty of mixed-use spaces, it's easy to get around the neighborhood by foot or public transit.
- Thinking green: The neighborhood has three parks and plenty of green space to give residents a break from the hustle and bustle of city life. Homes at Mueller are constructed with recyclable and non-toxic materials and are designed to save energy and increase affordability. The neighborhood has an onsite power plant through Austin Energy that provides clean energy as well.
- Supply: Due to its location near the heart of Austin, there isn't much new construction happening in the neighborhood. Those looking to make the move to Mueller need to stay posted on available listings if they want to move into the area.
Said: "It is so rich, just right almost in the heart of our city," Horton said. "It's an extremely desirable neighborhood because it's close to everything... so as soon as something comes on the market, it's gone."
2. Whisper Valley
Renewable geothermal energy to heat and cool your home, solar to power it. Zero-energy-capable living starts from the mid $200s-$400s in Whisper Valley.https://t.co/Jrh1nidw8J pic.twitter.com/qm1wxbpRQZ— Whisper Valley (@whisper_valley) January 15, 2021
Whisper Valley, the master planned community tucked in far east Austin that offers a wide range of prices for homes equipped with clean energy resources. The neighborhood claims to be Austin's first zero-energy capable community, with innovations that can both save money and the environment.
- Cleaner, cheaper energy: Whisper Valley's homes claim to be 75-80% more efficient than most homes, according to the Home Energy Rating System, or HERS. They can also serve as their own power plant: with solar and geothermal energy, these homes can generate as much energy as they consume, creating a sustainable cycle.
- Amenities: Perfect for families looking for an idyllic lifestyle and nature as a backyard, the neighborhood comes with a fitness center, a discovery center, trails and community gardens.
- Range of prices: Starting at $200,000, these homes are more affordable than much of Austin amid the skyrocketing housing market.
- Proximity to tech: It may be out of the city center, but Whisper Valley is a 10-minute drive from the new Tesla Gigafactory, Samsung and Dell corporate campuses and the airport. It's also close to Pflugerville, where tech jobs are plentiful.
- Location: Located in East Austin, just outside Manor, Whisper Valley is great for those looking for an out-of-city lifestyle but not as great for commuters or city lovers.
- No "work" in Live, Work, Play: This master planned community will have schools, but with little-to-no employment in the neighborhood, there's no "city-within-a-city" aspect to Whisper Valley.
- Availability: This could be a pro or a con. While the neighborhood is currently sold out, a second phase of lots are going up for sale later this year.
3. Easton Park
Located in Southeast Austin, Horton said Easton Park will eventually be a "city within a city." The master planned neighborhood includes several different homebuilders to fit everyone's tastes, and it'll have commercial lots as well as multifamily units sprinkled into the neighborhood's single-family homes.
- Proximity to airport: It may be far from downtown, but Easton Parks' closeness to Austin-Bergstrom International Airport is sure to ease the burden for those who need to travel often.
- City-within-a-city: Once completed, Easton Hills will feel like its own city—think exceptional live-work-play with schools, employment, businesses and community centers.
- Affordability: Homes start at $300,000, lower than the median home price in Austin.
- Variety of choices: Easton Hills will have different neighborhoods within itself with their own unique setups—while one may have a fitness center and pool, another has a shared front area for community living. Seven home builders are available to build houses in their own styles.
- Far from downtown: It's not as far as some other options, but Easton Hills is still much further southeast from the city's center. It isn't too far from Tesla's upcoming Gigafactory, however.
- Patience, patience, patience: Horton says it could take 10 years before the neighborhood is complete, so it may be a while before you get that community feel. Think of it as a long-term investment.
4. Santa Rita Ranch
(Santa Rita Ranch/Facebook)
Located on the opposite side of Austin to the northwest, Santa Rita Ranch is an up-and-coming community in Liberty Hill that will soon be larger than all previously mentioned neighborhoods, Horton said. Marketed as a "staycation," Santa Rita Ranch was rated the No. 1 Selling Master Planned Community by resident real estate industry experts, according to its website.
- Large, self-sufficient community: Santa Rita Ranch will encompass both sides of Ronald Reagan Blvd., according to Horton, and it's already created two new schools and its own fire department. Eventually, this will be an almost entirely self-sufficient neighborhood, and its size will allow residents to embody the live-work-play ideal.
- Events and entertainment: From crawfish boils to water slides, there's always something going on in the neighborhood. Churches, schools and businesses are already in the community as well.
- Affordability: Prices start at $250,000 and go up to $600,000, so the community will have plenty of diverse living choices.
- Plenty of space: Because of its immense size, Santa Rita Ranch has extensive green spaces, including parks and hiking trails. The neighborhood offers a more peaceful, slow-paced lifestyle rich in nature and the outdoors.
- Not-so commuter-friendly: located 40 minutes from downtown, this community may be more beneficial to those working remotely or within Liberty Hill itself. Luckily, there will eventually be plenty of employment within the community.
- No small community feel: Because of its size, Santa Rita Ranch won't be quite as cozy as some other neighborhoods.
Said: "The transformation that's going to happen out there by Santa Rita Ranch is going to be huge," Horton said. "Because the development plans are so massive, it will be its own little city within a city."
5. Up and coming—Kyle and Buda
When looking to the future, Horton said that Austin could resemble a metro like DFW or Houston. With supply going dry, Horton said the city will grow out rather than up. Kyle and Buda, both located a few miles south of Austin, are more their own communities themselves than Austin suburbs, but they're close enough for commuters to take a liking to each city.
- Community: Get away from the busy highways and know your neighbors. The small-town feel is perfect for anyone that wants quieter surroundings. And you can always drive 20 minutes to Austin on the weekend.
- Affordability: While these two towns are known for being more affordable at around $325,000 for a home, prices are rising quickly as they gain in popularity.
- Location: It's definitely a longer commute if you work in Austin, but it's not uncommon to sacrifice commute time for a smaller town feel.
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Texas voters are split on whether Gov. Greg Abbott should run for a third term and whether Matthew McConaughey should run at all. But Democrats are clear: they want to see Beto O'Rourke on the ballot.
These are the findings of a Quinnipiac University poll of registered voters released this week.
Abbott and McConaughey received the highest favorability ratings of the elected officials, candidates and potential candidates, according to the Quinnipiac poll.
- Abbott: 49%
- McConaughey: 42%
- O'Rourke: 34%
- Former Texas GOP Chair Allen West: 25%
- Former Texas senator and Republican challenger Don Huffines: 8%
Overall, 48% say Abbott does not deserve to be reelected to a third term compared to 46% who say he does. "A Trump favorite in a state that is turning less red in recent election cycles, Abbott has a decent but in no way overwhelming grasp on reelection," Quinnipiac University Polling Analyst Tim Malloy said in a press release.
Abbott, McConaughey and Beto O'Rourke could vie for governor in 2022. (Office of the Texas Governor)
Voters are also divided on Matthew McConaughey, who is reportedly considering a gubernatorial run. Forty-one percent of voters say they would like to see him run, compared to 47% who say they wouldn't.
The poll found that Democrats and Independents favor the Oscar-winning Austinite, whose party affiliation is unclear. Forty-seven percent of Democrats would like to see him run, compared to 43% who wouldn't. Forty-four percent of Independents would, compared to 43% who wouldn't. Republicans, on the other hand, say 60%-29% they would not like to see him run.
Another possible candidate is former U.S. Representative and presidential hopeful Beto O'Rourke, who is also reportedly mulling a bid. Overall voters say 52%-41% they would not like to see him run for governor. But 77% of Democrats and 50% of Independents would, according to the poll.
"McConaughey and O'Rourke may still be on the fence, but their numbers suggest they have the attention of voters," Malloy said in the same release.
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Austinites will soon be able to train like some of Hollywood's biggest stars as F45, a fitness franchise backed by major celebs, like Mark Wahlberg and David Beckham, is on its way to Austin.
F45 listed Austin as the location of its corporate headquarters in a June 21 federal filing—a big shift for the California company. The fitness franchise is preparing for its initial public offering, which will be as an Austin-based company.
F45 will be one of many California companies—Tesla, Oracle and Samsung—that have recently expanded in the Capital City. The company has several famous investors on its side—famed basketball player Earvin "Magic" Johnson and golfer Greg Norman in addition to Wahlberg and Beckham.
The fitness company is opening a 44,000-square-foot headquarters, located at Penn Field on 801 Barton Springs Road, with a lease running through 2029. F45 was one of the early adopters of Austin-based real estate-technology platform AnthemIQ, helping tenants find commercial real estate.
F45 focuses on one-on-one 45-minute workouts, which patrons watch on in-studio displays. With 2,247 franchise agreements spanning across 63 countries, F45 also has offices in Australia and England.
"We believe this flexibility will enable us to capitalize on our estimated long-term global opportunity of over 23,000 studios," the company said in its filing.
The greater Austin area already has 11 F45 locations, which take up 1,600 square feet of space each.
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The staffers are coming! Texas Lege staffers turn to Twitter after special session announcement, defunding
Texas Legislature staff members have taken to social media to raise awareness—and also just air their misfortunes—following the summer special session announcement and their own defunding.
In a game-seven-type move by Texas Democrats, the 87th Texas Legislative session was capped off by a last-minute walkout to avoid a final vote on a bill that would add restrictions to voting.
Needless to say, Gov. Greg Abbott—who cheerleaded the bill throughout the legislative session—was not thrilled.
Not up to date on your Texas Lege drama? Abbott was pointing to when former Texas State Senator Wendy Davis staged a dramatic hours-long filibuster over a 2013 abortion bill, which the public gallery aided. The "story" Abbott is referring to ended with him and other prominent conservatives sweeping the 2014 statewide election and the bill passing in a special session.
According to Abbott, the regular session centered around supporting "hardworking Texans and building a state that is safer, freer, healthier, and more prosperous."
However, the two items deemed at the top of Abbott's wish list for this session—election integrity and bail reform—did not reach his desk at the end of the session, both championed by Abbott to be "must-pass emergency items."
"It is deeply disappointing and concerning for Texans that neither reached my desk," Abbott said in a statement. "Ensuring the integrity of our elections and reforming a broken bail system remain emergencies in Texas, which is why these items, along with other priority items, will be added to the special session agenda."
Abbott said he expected lawmakers to work out their differences prior to the special session and continue to pass other emergency items and priority legislation.
So, everything is cool, right? No worries?
Hours before the no vote, as the clock ran out on the bill that he championed, Abbott tweeted that he would veto funding for the entire state legislative branch. The decision would impact not only Texas lawmakers but their staff and aides. "No pay for those who abandon their responsibilities," Abbott tweeted May 31.
I will veto Article 10 of the budget passed by the legislature. Article 10 funds the legislative branch. No pay… https://t.co/KNyuNvxP55— Greg Abbott (@Greg Abbott)1622484820.0
With pay, health insurance and other support for staffers on the line, the threats became a reality on June 18 with an official veto of the funds from Abbott.
The veto effectively nixes all funding for the legislative branch.
"Texans don't run from a legislative fight and we don't walk away from an unfinished business," Abbott wrote in the veto. "Funding should not be provided for those who quit their job early, leaving their state with unfinished business and exposing taxpayers to higher costs for an additional legislative session."
However, questions have been brought up over the constitutionality of the veto itself. Section 24 of the Texas Constitution makes not paying members of the legislature illegal.
The special session is set to begin July 8. So, what does this mean for lawmakers, staffers and aides?
No pay, no insurance... and Twitter followers?
The staffers took their final stand on Twitter where they aired their grievances with the situation and asked for followers to increase their footprint.
Meet Jen Ramos, a staff member for Texas State Senator Judith Zaffarini—and also defunded by Abbott.
My name is Jen. I’m one of the #txlege staffers defunded by Greg Abbott. Apparently now I’m supposed to ask for Tw… https://t.co/pteKADP3Hj— Jen Ramos ✨ (@Jen Ramos ✨)1624466531.0
And she's not alone. Use the hashtag #txlege and you'll find other similar messages online, like Camille's and Hector's and more.
My name is Camille, my friends call me Cam or Cammie. I’m one of the #txlege staffers defunded by Greg Abbott. And… https://t.co/mOvcjxTiUL— Camille Lasin (@Camille Lasin)1624474153.0
My name is Hector. I’m one of the #txlege staffers defunded by Greg Abbott and who had to deal with elections stuff… https://t.co/88PINm9KCv— Hector 🏙🤠 (@Hector 🏙🤠)1624466987.0
My name is Jake Salinas. I'm the TX Dem that saved the film industry in TX and broke quorum on SB7 Now our Gov h… https://t.co/PLf9ScA4Ev— Jake Salinas (@Jake Salinas)1624464237.0
It's unclear whether Abbott and other prominent Republican lawmakers will come together with Democrats to overturn the veto and continue providing insurance and regular pay for lawmakers, staffers and aides.