WHAT CAN I GET FOR $500K – ’04 ALTERNATIVES

The famous Austin neighborhoods of the 78704 zip code – Zilker, Travis Heights and Bouldin – really symbolize what people have come to think of as that signature Austin vibe. With huge growth and popularity comes change, and some of that change has a different feel from the ’04 of old. While you can still Keep It Weird in 78704, we thought we’d explore some other Austin neighborhoods where that old familiar Austin vibe can be found.

Here are our alternatives to the ’04:

East Austin

4 beds |  1.5 baths | 1,742 sq ft | $475,000

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This craftsman-style home in Central East Austin has a ton of unique features like: Xeriscaping, a native-limestone walkway, stone flower beds, octagon window, tumbled marble back splash, granite counter tops, solid core doors and bead board wainscoting. It’s modern, urban living with small town charm.

IS IT A GOOD INVESTMENT?

Here are the facts:

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Clarksville

2 beds | 2 baths | 1106 sf | $550,000

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This charming bungalow is in the heart of historic Clarksville, completely updated in 2014. Walking distance to Whole Foods, great restaurants like Clarks and Winflo, and some of the city’s best shopping. This property features a spacious front porch, mature pecan trees and a beautiful yard.

*Only one sale in Clarksville in the past 36 months. Contact us for more info on homes for sale in Clarksville.

Allandale

3 beds | 2 baths | 1,818 sq ft | $482,000

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This gorgeous Allandale mid-century modern is on a huge, quarter-acre lot with lots of upgrades and plenty of room to expand.

IS IT A GOOD INVESTMENT?

Here are the facts:

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Crestview/Brentwood

3 beds| 1 bath | 1,490 sq ft | $449,500

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This fabulous, single-story home in Crestview has recent additions and upgrades that only enhance its old world charm.

IS IT A GOOD INVESTMENT?

Here are the facts:

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Hyde Park

2 beds | 1 bath | 1,285 sq ft |  $499,900

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You get two homes for the price of one in this Hyde Park gem that backs to Waller Creek, with a home and back house built in 1938 and updated throughout.

IS IT A GOOD INVESTMENT?

Here are the facts:

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Rosedale

2 beds | 1 bath | 828 sq ft | $449,000

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Built in 1937, this is one of Rosedale’s oldest homes. Filled with charm and original flair, it is move-in-ready or perfect for adding-on.

IS IT A GOOD INVESTMENT?

Here are the facts:

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Tarrytown

2 beds | 2 baths | 2,082 sq ft | $456,000

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Resort-style living can be yours in this elegant condo overlooking Lake Austin. The modern kitchen overlooks spacious family room with gorgeous views throughout.

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Pros & Cons of 78704

Rising prices in 78704 are a double-edged sword. On the one hand, home owners are hit with ever-increasing tax rates. On the other hand, these properties have shown long-term value increases, so owning here is a great investment.

The popularity of the area also has positives and negatives. Growth and development has meant beautification and restoration of a wonderful, historic area, and has given the neighborhood access to lifestyle amenities including some of the city’s best dining, shopping and entertainment. But that same growth has made a once largely residential area feel gentrified, perhaps overly developed – what used to feel funky and eclectic now feels more like Dallas with tall buildings and parking garages.

At Schmitz & Smith, we are experts on all of Austin’s unique, niche neighborhoods. We’d love to help find the perfect neighborhood for you. Let us put our personalized, concierge-style services to work for you today. Whether you’re relocating to Austin or moving within Austin, start getting to know our great city with Schmitz & Smith’s Official Guide to Austin.
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Schmitz & Smith is known for the signature service they provide to their clients, customizing every detail to their specific needs.  Powered by Austin Portfolio Real Estate and Keller Willams Luxury Homes International, these professional, hard-working Realtors® and their dedicated, technologically-savvy marketing team work together to provide the utmost in service to their clients for buying or selling real estate all over Austin. This includes the surrounding Texas Hill Country Area, including Spanish OaksBee CaveLakewayLake TravisWest Lake Hills, and the famous Austin zip codes of 78703 and 78704.

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