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Updated about 10 years ago on . Most recent reply
Austin Market
My Austin peeps, how's it going. I have a quick question. I am looking for high priced town homes ($300k to $600k) in good markets in Austin, TX. Working with an investor and he just needs a place to stash his money (1031 Exchange). He is confident in Austin but we just need to know from some locals, which neighborhoods are ideal. I look forward to hearing your advice.
Most Popular Reply
Stay West of Loop 1 or near Downtown, West of 35. Anything East of I-35 is hit or miss and you need to know the area to make decisions. Basically anything between the 4 highways that box in downtown Austin is fairly safe bet. Specifically check out S Congress just S of Ladybird Lake. Thriving Hipster like community with a lot of new/renovated properties going in.
Cedar Park/Leander and West Round Rock have good schools that are popular and retain value. Will be harder to find Town homes there though.