New Texas Laws Regarding Property Appraisals to Take Effect Jan 1, 2010

There are two new Texas bills that will become law on January 1, 2010, that could affect property owners in certain counties including Travis county in Austin.

House Bill 3612 

  • concerns the appeal of property appraisals in several Texas counties, including Travis. This bill is for properties that appraise for over $1M, and offers property owners additional recourse after they lose an appeal of its valuation.  This is a temporary law set to expire Jan 1, 2013.  I find the expiration date of the most interest.  Perhaps this is their way of saying they feel that property valuations should be well stablized by then.

House Bill 8 

  • adjusts the annual study of school district property values to every two years for certain school districts instead of the current annual review. My understanding of this law is that it will slow down the readjustments of the tax rate for certain school districts, most likely the ones that are in affluent neighborhoods.
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Featured Home in Teravista, Round Rock

Team Ensor’s featured home of the week is in the golf course community of Teravista in Round Rock.

Teravista Home in Round Rock
Teravista Featured Home in Round Rock

This move-in ready home sits on the 17th hole of the Teravista golf course at 1694 Greenside Trail, Round Rock, TX 78665. Sit on its covered patio in the backyard and watch the golfers play! The yard is nicely manicured and features landscaping that is resistant to the seasons changes.

On the inside of this one-story home you will find features that you would come to expect of a golf course home in Round Rock. The open kitchen has granite counter tops and a bar-top – great for entertaining! The home also features a formal dining room with tile floors.

In the master suite you will find a walk-in closet, separate garden tub and shower and double-sinks. Wake up to see panoramic views of the golf course from your master bedroom windows!

Review additional MLS information about this Teravista listing.  If you would like to learn more about Round Rock real estate or homes for sale in Teravista, contact me today!

Photos of Featured Home in Teravista

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Bastrop Real Estate Growing to Meet Demand

Bastrop real estate growth over the past few years has been significant. Having lived in Bastrop for several years, I have witnessed first-hand the growth and influx of new residents to Bastrop. As a result of all the new Bastrop real estate growth and rising property values, the city of Bastrop has raised funds and began construction of the new Bastrop ISD High School (named Cedar Creek High School), the Bastrop Memorial Athletic Complex and the Jerry Fay Wilhelm Center for the Performing Arts.

Cedar Creek High School Opens Next Year

Rapidly coming together on Hwy 71 between Bastrop and Austin, Cedar Creek High School began construction with funds from the issuance of bonds that are being paid for through a tax increase to owners of Bastrop homes. It is scheduled to open for the 2010-2011 school year. With a 1500-student capacity, this will certainly take a load off of the current Bastrop ISD High School.

Championship-worthy Football Stadium

The Bastrop Memorial Athletic Complex, located at 755 Hwy 21 Cedar Creek, Texas, is a spectacular stadium that will be shared between the Cedar Creek and Bastrop High Schools. Features include a Jumbo-Tron with instant replay, a modern press box, seating for 8,000 and Tiger Trophy Turf. The original cost of the complex was slated for $17M, but costs were cut to around $14M.

Watch a Play or Musical in Style

The Jerry Fay Wilhelm Center for the Performing Arts is a beautiful 1,500-seat arts center. Estimated at almost $15M to build, this center is available for use by national touring plays and arts events. With 300 theatre-style box seats, this center would be a great place to watch a show!

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Teravista Real Estate Photos at Sunset

We were checking in on one of our Teravista listings in Round Rock, and I took some pics as the sun was setting.  Teravista is a beautiful golf-course community in Round Rock, and I think these pics really show it off.

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Austin Pub Crawl for Charity is Now Enrolling Teams!

Austin Pub Crawl for Charity

Brewing Hope is hosting its first of many nation-wide charity pub crawl events here in Austin TX on February 6, 2010, and they have started enrolling pub crawl teams now!  Come out and support Brewing Hope on their mission to raise money for MS, and spend a Saturday afternoon with good friends and brews.  Downtown Austin bars participating in this roll-out event include J-Black’s, Key Bar, Tiniest Bar in Texas, Molotov, and The Ranch.

Team enrollment for the Austin pub crawl is sure to fill up fast, so get on board now and create your team!

How do I start my Austin pub crawl team?

Click here to jump directly to their team signup page, and to read the official rules and FAQ about what’s sure to be a great event.

Team Ensor is proud to sponsor this event that’s raising money for a very worthy cause, and we hope to see you all there!

Charity Pub Crawls

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Taylor Estates in South Austin

Taylor Estates in South Austin
Taylor Estates in South Austin

Taylor Estates is a new community of homes in South Austin. We made a trip to the Sales Office over there earlier to check on a contract we have pending for a buyer, and snapped a quick pic of the front entrance. For those of you who haven’t been by to check out Taylor Estates, it’s a really nice community of Gehan Homes. Taylor Estates is just east of Manchaca on Davis.

Taylor Estates Model Home
Taylor Estates Model Home
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Recent Sales Data for Downtown Austin Real Estate

Downtown Austin Real Estate – November 2009 Sales Report

The following sales data for Downtown Austin real estate includes condos that sold between November 1, 2009 and November 30, 2009. Data was taken from Austin MLS Area DT. Note that the recent sales data below is solely for Downtown Austin condos. Keep in mind that these numbers are the highs, lows, averages, and median numbers for this area. For specific comps in Downtown Austin, Contact Team Ensor and one of our team members will contact you.

Property Type: ResidentialStatus: SoldNumber of Properties: 13
 BedsBathsSqFtListing PriceLP/SqFtSelling PriceSP/SqFtSP/LPSP/OLPDOM
High221,714$575,000$396.07$554,750$380.31100%99.5%300
Low11454$115,000$164.38$110,600$164.3890.2%70.6%1
Average221,022$302,994$299.75$292,018$288.6596.38%91.14%78
Median22956$282,000$300.69$272,000$274.9196.6%93.8%60

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Recent Sales Data for Central Austin Real Estate

Central Austin Real Estate – November 2009 Sales Report

The following sales data for Central Austin real estate includes properties that sold between November 1, 2009 and November 30, 2009. Data was taken from Austin MLS Areas 1B and 4. The data below is just for single family homes in Central Austin.  Keep in mind that these numbers are the highs, lows, averages, and median numbers for this area.  For specific comps in Central Austin, Contact Team Ensor and one of our team members will contact you.

Property Type: ResidentialStatus: SoldNumber of Properties: 40
 BedsBathsSqFtListing PriceLP/SqFtSelling PriceSP/SqFtSP/LPSP/OLPDOM
High545,966$1,995,000$500.38$1,900,000$476.55107.2%107.2%309
Low21775$179,000$142.47$174,000$139.4687.9%72.7%0
Average322,252$607,563$264.01$581,158$254.496.62%91.33%83
Median321,817$462,500$242.24$456,750$231.0397.1%92.65%58

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Avery Ranch Holiday Events

The following holiday events are taking place this season at the Avery Ranch club house in Northwest Austin.

Green Santa’s “Drive for Food & Toys” Golf Tournament

Takes place on Monday, Dec 14.  Tournament format is a 4-person scramble, starting at 12:30p.

Breakfast with Santa

Bring your kids and have breakfast and photos with Santa on Sunday, December 20 from 11am-2pm at the Avery Ranch Golf Club!  Breakfast buffet is $9.95 for Adults and children over 13, $3.95 for kids 12 and under.

Where is Avery Ranch?

Avery Ranch is located just 17 miles northwest of Downtown Austin.  From downtown, take the MoPac to the 183 North to Avery Ranch Blvd, and head east.  Cross Parmer Ln, and the clubhouse is in the Champions subdivision on the left.

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Holiday Events This Weekend Around Austin

Below are some of the events taking place this holiday season in and around Austin. All of these events take place on December 5, 2009.  So if you’re looking to share your holiday spirit this afternoon or evening, these are events you should check out!

Texas Capitol Tree Lighting and Sing-Along

A yearly tradition on the south steps of the Capitol building, downtown Austin. Dec 5.

Annual Christmas Stroll in Georgetown

Parade, live entertainment, arts and crafts booth, and more!  At Downtown Historic Square in Georgetown. Dec 5, 10am-8pm. www.georgetownholiday.com

Christmas Parade and Tree Lighting in Leander

Fun-filled event with a tree lighting, parade, hayrides, food, and more. City Hall in Leander. Dec 5, 5pm-8pm. www.leandertx.org

Winter’s Eve on the Square in Wimberley

Wimberley Square in Wimberley. Dec 5, 5pm. www.wimberley.org

Budafest

Arts and crafts show in downtown Buda. Dec 5-6, 10am-5:30pm. www.budafest.org

“The Nutcracker” presented by Ballet Austin

Begins today and runs through Dec 23.  The Long Center, Austin.  www.balletaustin.org

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