Central Texas Real Estate Blog

Mueller welcomes its first boutique hotel

Last month, Mueller opened its first-ever boutique hotel. Origin Hotel Austin is a 5 story, 120-room property with a mission to “cultivate exploration of the surrounding area, encourage well-being, and foster connection,” for their guests and neighborhood.

 Perfectly placed in the heart of Mueller’s town center, this hotel offers an impressive onsite, 120-seat modern diner, Blue Lacy, that will join Mueller’s list of impressive restaurants including L’Oca, Halcyon, B.D. Riley’s Irish Pub and more.

The hotel caters to many types of travelers. They offer “pup packages” for those traveling with pets, special “camping” packages for kids, state-of-the-art gym space, multiple outdoor gathering spaces, and more!

Click the link to learn more: ...

Perry’s Restaurants announces new modern Mexican steakhouse concept, VERDAD

VERDAD True Modern Mexican will be joining its wildly popular sister concept, CARVE American Grille, at The Grove in Central Austin in late summer 2023.

 VERDAD, translating to “truth,” will create an elevated Mexican steakhouse experience by mixing traditional dishes with modernized cooking, offering an explorative dining experience in a beautiful atmosphere. This large 10,300+ sq ft restaurant will feature 2 patios, expansive bar + tequila tasting table, and interior design inspired by Mayan, Aztec, and Spanish culture.

 

Click the link to read more: https://bit.ly/3bH2ZMx

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Austin set to become home to the tallest tower in Texas

In the coming months, Austin is set to break ground on a 74-story tower that will host over 350 apartments, 251-room hotel and 686,000 sq ft of office space.

The 98 Red River tower, headed by Lincoln Property Co. and Kairol Residential, will be located on the corner of Cesar Chavez and Red River in the Rainey St district. Once constructed, the 1,000+ foot tower is said to become the tallest tower in the state of Texas, just taller than Texas’ current tallest tower, the JPMorgan Chase Tower located in downtown Houston that stands at a whopping 1,002 feet. There is no set price tag, but the project is projected to cost around $520 million.

 

Click the link to read more: https://bit.ly/3yvqNvN

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Firework Time! Where to watch the best fireworks in the Austin-area

It’s Fourth of July weekend at last! Time to grab your family and friends and head out for some fun and fireworks. Austin has no shortage of Independence Day celebrations, hosting events all over the area. Check out this list of holiday weekend events to experience parades, picnics, concerts, drive-in theaters, and more!

 What: Willie Nelson’s 4th of July Picnic and Fireworks

Where: Q2 Stadium

When: 12pm, doors open at 11am

 

What: Cedar Park’s July 4 Celebration

Where: Milburn Park

When: 4pm, fireworks start at 9:15pm

 

What: Bee Cave’s Independence Day Festival at Hill Country Galleria

Where: Hill Country Galleria

When:  July 4th from 4-10pm

 

View full list here: ...

95-acre Manor development could include an H-E-B



A 95-acre, mixed-use project that might feature Manor’s first H-E-B grocery store is in the works.

In mid-June, the city council in the Austin suburb passed financial incentives for the project and approved rezoning for more than 26 acres to accommodate 600 apartments. The property is located at the northwest corner of U.S. Highway 290 and FM 973. It is owned by the Austin-based Butler Family Partnership. 

Matt Harriss gave an overview of the project at the council meeting. He is CFO of Butler Family Interests. They handle business and personal affairs for the family of former Austin Mayor Roy Butler. Harriss said H-E-B has a portion of the property under contract and Home Depot has expressed interest in another parcel. H-E-B says it doesn’t have any of the Butler land under contract.

“This...

The Iconic Ski Shores Cafe Reopened!

The iconic Lake Austin restaurant the Ski Shores Cafe reopened at the end of June! Ski Shores has been enjoyed by lake-goers since 1954! This Austin staple is back with all the classics — fried catfish, burgers, sandwiches, chicken tenders, and the list goes on and on. It is now owned by McGuire Moorman Lambert Hospitality. The drink menu is impressive with refreshing margs, beer, chilled wine, and cocktails. There is seating inside, on the porch, or on the lawn by a fire pit. 






Click here to view Ski Shores website!


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May 2022 Stats

The May 2022 Austin Board of Realtors Stats are out. The median sales price was up 19% year over year to $550,000 in May. Active listings increased a whopping 146% to 4,173. New listings are also up 18%. Homes spent an average of 15 days on the market, indicating that as new homes are listed, they are quickly going under contract.  

“The strength of our evolving housing market remains a very important part of Austin’s economy,” Cord Shiflet, 2022 ABoR president, said. “The increase in inventory that we’re seeing is helpful for buyers who have had a hard time finding a home these past two years. However, REALTORS® continue to see homes selling faster...