Welcome to FindAustin.net, your source for Austin, Texas Real Estate. We specialize in downtown and high-end austin properties and can assist you on the way to finding your new home.
Resting in the heart of Central Texas Hill Country, real estate in Austin, the state's capital and fourth largest city, is in high demand due to the city's cultural diversity, picturesque landscape, and active, educated community. Home to over 700,000 residents of Travis County including 50,000 students at the University of Texas, Austin has experienced a great deal of development and an enormous influx of new people in the past fifteen years. In fact, between 2000 and 2006, it was the 3rd fastest growing city in the United States.
The majority of houses, condos and apartments in Austin were built after 1970 through to the present at a steady rate, although construction of new homes has slowed in the past five years. The median year built for houses and condos is 1981 as opposed to 1983 for an apartment. Because of this, the architectural styles and sizes of these residences vary greatly. According to the 2000 census, houses and condos had, on average, 6.0 rooms compared to a state average of 5.8 whereas apartments had 3.4 rooms versus a state average of 3.8. In addition, as of March of 2000, 73.2% of all owner-occupied houses and condos had three or four bedrooms. On the other hand, 75.4% of all renter-occupied apartments had one or two bedrooms.
According to this same census, there were 276,611 houses within the 271.8 square miles of land with a density of 1100 houses/condos per square mile. Of these residences, 265,409 were inhabited and 45% of these owner-occupied. At this time, the median house/condo value was $124,700 compared to an estimated median value of $170,900 in 2005, a 37% increase. Estimated median gross rent in 2005 was $740. HUDClips provides public data on Austin foreclosures.
Austin’s business community is a blend of large technology companies and defense contractors with independent and locally owned small businesses. Multi-national companies such as Dell, IBM, Ebay/PayPal, Apple and Sun Microsystems all have operations or headquarters in and around the Austin area. In addition, active organizations such as the Austin Independent Business Alliance help preserve the unique local spirit and foster the growth of Austin-based businesses both large and small. C3 Presents, the production company that holds the annual Austin City Limits festival in Zilker Park, and Whole Foods grocery stores are great examples of prospering local businesses.
For residents and tourists, there are countless recreational, shopping, dining and entertainment opportunities in Austin. Favorite spots among the 206 parks, 12 preserves, and 26 greenbelts overseen by the Parks and Recreation Department include Town Lake and Barton Creek Wilderness Park. Others prefer shopping at the Arboretum or any of the nine nearby centers, or dining and relaxing at the countless local restaurants and music venues. Popular places for these activities include Stubb’s Bar-B-Que, Antone’s, Chuy’s Tex-Mex, and Hut’s Hamburgers.
Home to ten different colleges and universities, the city of Austin is a hotbed of academia and cutting-edge research. Considered by many to be the best college town in America, Austin is best known in the education arena for the University of Texas-Austin, a distinguished leader among national public institutions. In addition, younger students are served by the Austin, Pflugerville, Round Rock, Del Valle, Leander, Manor, Lake Travis, and Eanes Independent School Districts. Because of this support, Austin, in general, is considered to have one of America’s most educated and intelligent communities.
Austin Real Estate News