East Austin Investment Real Estate
East Austin Investment Properties:
Description of East Austin Area
- MLS Areas: 3 and 5
- Zip Codes: 78702, 78721, 78722 and 78723
- Boundaries: Close proximately to Central AustinEast of Interstate 35, west of Highway 183 (Ed Burstein), north of Lady Bird Lake and south of Highway 290 East.
Commuter Rail to Central and North Austin
Capital Metrorail stations in East Austin include Plaza Saltillo, MLK Jr., Highland and Crestview. Area residents can travel north to stations in Kramer, Howard and Lakeline, and to the recently opened station in Leander, just north of Cedar Park on 183.
Home To Diverse and Affluent Neighborhoods
Approximately 40,000 people take pride in calling these East Austin neighborhoods like Delwood, The Meadows at Trinity Crossing, Colony Park, Hidden Valley, University and Vintage Hills, Imperial Valley, Preswyck Hills, French Place, Mueller, Wilshire and Windsor Park home.
Popular Investment Area
Real estate investors and land developers from around the world are targeting the East Austin area for new loft, condominium and townhouse developments.
Eclectic and Progressive Urban Area
A well-mixed recipe of culture, convenience and comfort in close proximity to major Austin business districts, educational facilities and entertainment makes East Austin very desirable to the young professional.
Close to Downtown
Just east of Interstate 35 and only minutes from downtown, East Austin boasts a high quality of living that is attractive to single professionals, families, students and senior citizens alike.
Close to Nature and Recreation
East Austin city parks, preserves, boating and fishing lakes, as well as biking and running trails are all easily accessible in and around neighborhoods like Riverside and French Place.
Rich in Culture and Style
Steeped with Austin heritage and artistic culture, classic bungalow style properties are common in this area. One will find front porches, hardwood floors and modest size lots.
Center of Austin Revitalization
The interesting part of East Austin is that it has been the center of the City of Austin revitalization projects this past decade. One of the most exciting developments is the Mueller redevelopment project.
Property Appreciation a Given
A real estate investor can expect continued growth and popularity of this area as well as continued gentrification and an increasing opportunity for equity building.
Despite a median home price that has risen by more than 50 percent in the past five years to $199,000, East Austin is still within reach of many potential home buyers, especially when compared with nearby Austin neighborhoods that are higher in value like Travis Heights, Hyde Park and Tarrytown.
For more information about East Austin Investment real estate, contact the Davis Company at 512-585-0043
Putting Your Focus on the Cap Rate is Not the Answer
Cap rate, cap rate, cap rate. There is so much focus on cap rates that i... Add Comment Read MoreMinimizing Investment Risks when Evaluating a Potential Property
Last week we discussed handling your own apprehensions in risk managemen... 2Comments Read MoreRisk Management Step One: Control the Fear
"Real estate investing is risky." Don't you love it when someo... Add Comment Read MoreWe would love to share with you, what people are saying about us!
View Our Testimonials
