Central Austin Investment Real Estate
• MLS areas include UT, DT, 2, and the south end of 2N, 1B
• Primary Zip Code is 78701
• Boundaries
Downtown Austin and the University area, north of Lady Bird Lake, south of Highway 183, east of Mopac 1 Expressway, west of Interstate 35
• Commuter Rail Projected to be Completed in 2010 from Central Austinhttp://allsystemsgo.capmetro.org/downloads/METRO-0330%20METRORAIL_REV[1].pdf
Rail currently under construction will have stops on a 30 mile stretch all the way out to Leander. Other rail lines under consideration to far East Austin in Manor, Elgin and Bastrop as well as from Austin to San Antonio.
• Subdivisions
Hyde Park, Tarry Town, and Enfield.
• Centrally Located
Located in the heart of the city near the University of Texas and The State Capital.
• The Very Epicenter Of Austin Culture
Central Austin is the heart beat of Austin. Here you will find the State Capitol, banking and business center and the University of Texas. It is known as the Live Music Capital of the World, SXSW Music, Film and Interactive Festival and Austin City Limits Music Festival.
Popular destinations like 6th Street, the Warehouse District, Blanton Museum of Fine Arts and a University of Texas football game in the stadium are a way of life in this area
• A Historical District
These properties are quaint historic neighborhoods with homes built mostly between 1920 and 1960. Many historic Central Austin properties for sale, some built even before 1920, have been completely renovated for those with a taste of more modern features.
• High Appreciation Rates
Expectations for continued growth from market and rental value appreciation is extremely high for the future for this area. Keep in mind though that a real estate investor will have to invest a larger percentage down for general cash flow. In recent years Austin has seen a number of new business and condominium developments go up and several more under construction at this time.
Central Austin Investment Properties:
For more information about Central Austin Investment real estate, contact the Davis Company at 512-473-2444 ext 0. (office)