If you are looking for affordable, close-to-downtown living, East Austin homes for sale are probably exactly what you are looking for. The lowest sales prices right now are to the east, but as Austin grows, expands, and overhauls properties in the process I wouldn't expect East Austin to stay relatively inexpensive for long. The home remodelers, builders, and flippers have already ventured east of I35 to take advantage of the low cost rundowns and high resale potential once fixed up.
East Austin is emerging pretty quick due to affordability and it's proximity to downtown. If you want the entertainment and social scene of Downtown Austin, but are looking for something inexpensive with not so much congestion, heading to the east is probably the best spot. If you can even be close to Lady Bird Lake! With a rail line going through East Austin, there is already some condos and retail stores being built along the tracks. Some popular neighborhoods in East Austin are Delwood, Riverside, University Hills, and Windsor Park.
East Austin homes for sale range in price from around $100,000 or even below to up to around $900,000. The average price is about $194,000 and the median price is $173,000 based on spring 2010 figures. If you are looking for East Austin property, now is the time with low prices and higher inventory. Many of the homes are pier and beam, which is optimal for remodeling.
If you're interested in seeing what East Austin homes for sale may be able to offer you, contact me or call Chris Matthews and the Austin Realty Elite Group of Horizon Realty at (512) 703-7416. I'd be happy to be of assistance!
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