Austin Property Management

Are You Interested in Buying Property in Austin, Texas?

Austin is the capital city of Texas, as well as the seat of Travis County. But don’t let its size fool you – Austin is still one of the friendliest and most hospitable cities in the country. If you’re looking to buy property in Austin, you’ve made a smart decision – one you won’t regret!

Looking for a big city feel cloaked in Texas hospitality? Austin TX is your promised land. It’s rich in history, yet decidedly modern. Whether you want a hip art scene, excellent food, or close proximity to some of the world’s most successful businesses, this is the place for you.

As hot as the Austin, Texas real estate market is, trying to find a competitive deal on a property can be a real challenge. But at Green Residential, we’ve got you covered. With more than four decades of experience in the real estate market, and a team of top-grade agents, we make finding the right property at the right price a frictionless process.

Location of Austin

Situated in Central Texas, Austin is the southernmost state capital of the entire contiguous 48 states. It’s located 146 miles northwest of Houston, 182 miles south of Dallas, and 74 miles northeast of San Antonio – making it convenient to much of the Lone Star State’s popular sites, experiences, and amenities.

The actual city limits of Austin TX consist of a total area of 305 square miles, 7.2 square miles of which is water. Austin rests at the very foot of the Balcones Escarpment on the Colorado River and the city is fairly flat.

Austin History

Austin, Texas has a rich and storied history – one that’s believed to have been the site of human habitation since at least 9200 BC. But it wasn’t until roughly 1830 that Mexican pioneers began settling the area. They likely chose the area because of its proximity to the Colorado River.

After Mexico’s independence, Texas became an independent country, and the capital of the Republic of Texas was moved into the city of Austin. It wasn’t until 1845 that the annexation of the Republic of Texas into the United States of America occurred. And since that time, Austin has continued to serve as the capital of this great state.

Demographics and Income of Austin

According to CensusReporter.org, there are 390,395 households in Austin TX (including the metro area). The median age is 33.6 years old and there’s a 50-50 split between male and female residents.

Roughly 48 percent of Austin TX residents are white, 34 percent Hispanic, 7 percent African American, 7 percent Asian, and 2 percent identify as a mixture of ethnicities.

The per capita income in Austin, Texas is $43,923, while the median household income comes in around $71,543. (This figure is roughly 20 percent higher than the state of Texas median household income of $60,629.) And though Austin is one of the wealthier pockets in the state, 13.3 percent of the population falls below the poverty line. (This is slightly lower than the state average.)

Austin is very much a commuter city, with the average travel time to work clocking in at roughly 24.3 minutes. Much of this is due to the fact that so many people live in the suburbs and travel into the city for work.

Education in Austin

CensusReporter.org reveals that 89.8 percent of Austin TX residents have a high school degree or higher, while 54.1 percent have a bachelor’s degree or higher (which is 150 percent higher than the state average of 30.3 percent).

The high level of education among Austin TX residents is reflected in the number of businesses that were either started in the city, are currently headquartered here, or employ large segments of the population. This includes names like Dell, IBM, Amazon, Apple, and National Instruments.

In terms of the local public-school systems, Austin TX is known for having exceptional elementary, middle, and high schools. You can find out more about individual Austin-area schools here.

Things to Do in Austin TX

Austin is known for being eclectic and fun. And whether you like being outdoors, prefer dive bar musical performances, or would prefer to enjoy some live sports, this city has it all! Here’s a sample of some of the things to do:

• The state capital building is located in the heart of downtown Austin and is rich in history! It’s beautiful, features free daily sightseeing tours, and is a great place to spend a few hours.
• Want beautiful views of the Colorado River? Check out Mount Bonnell at Covert Park. It’s a 5.1-acre historic park with a 775-foot-high lookout.
• The SoCo District is one of the quirkiest parts of Austin. It’s roughly five miles south of downtown and features trendy shops and boutiques, hip bars, and interesting street vendors.
• Barton Springs Pool is one of the more unique spots that local favor. It’s a massive three-acre outdoor pool that’s fed by underground springs. It stays a consistent 68 to 70 degrees, which makes it an awesome place to spend hot summer days.

The Housing Market in Austin

According to the Austin Board of Realtors 2019 report, the median price for single-family homes in the city of Austin is $405,093. Approximately $378 million worth of single-family properties sold in the year, which was a 22 percent year-over-year increase from 2018.

Much of the growth in the real estate market – including steep appreciation in values – has to do with the fact that people are moving to Austin in massive waves! According to a U.S. News & World Report, Austin is the number one best place to live in the entire country (based on affordability, job prospects, and the overall quality of life). This marks two consecutive years that Austin, Texas has led the way.

Is Austin Right for You?

Austin, Texas has a lot to offer. And whether you’ve been a Texan your whole life, or you’re looking to relocate from another state or country, here are three specific reasons Austin could be a good fit:

• Ample job opportunities. Few cities in the country have as many job opportunities as Austin, Texas. Whether you want to work for an established multi-national corporation or a small tech startup, there are plenty of options to choose from.
• Convenient location. With a large airport offering direct flights to nearly any major city in the world, Austin is a convenient place to call home.
• Southern hospitality. Everything is bigger in Texas – including the hospitality! This makes it a fantastic place to raise a family, make friends, and establish community.

Are you looking for properties in Austin, Texas? If so, our team would be happy to help you search for the perfect property in and around the city limits. Contact Green Residential to learn more!