Skip to main content

It's time to Admit....Austin, Texas is Expensive $$$





Folks, It's time to finally admit that residential living and real estate in the city of Austin, Texas is straight up expensive! As a local, and 15 year plus working residential Central Austin, Core Real Estate Agent I have noticed the affordability of Austin simply vanquish. It's over. Austin Texas has been discovered, many times over. Austin's been combed over by investors. Austin's been publicized, and written about, and on the nation's radar. Austin Texas is simply an EXPENSIVE place to Live. 

 There are few Austin City Limit options as a Realtor I can provide for budget savvy buyers and renters. People either have the jobs or money to live, buy and do Austin, Texas or they don't. Maybe it's time for me to move away. Where? Somewhere cheaper? Dallas, Arizona, Florida. The only geographic areas of the U.S.A. more expensive than Austin, Texas are L.A, San Francisco, and California in general. NYC and Seattle are probably still very  expensive as well.

 My fellow Americans, I wish I had better news. Austin, Texas is now a top-tier Mid American to Mainstream city, in the United States of America. Our winters are sunny, crisp and mild. It's 75 degrees and sunny right now in early January. Our economy is booming. Our Real Estate, TECH and Tourism industries are booming. Even our Foodie Industry is thriving. 

 So George Vance, Mr Hot Shot Realtor, Former NYC Fashion Model and 3 time Book Author, is there ANYWHERE I can go to find some cheaper real estate? 

 Well, as of today 1.6.2020. Perhaps look into these areas:

 --Super North Austin, Basically North of Hwy 183, either near the Domain, Wells Branch or Metric Blvd, Parmer Lane.
--Super South Austin, Think Slaughter Lane and Manchaca, Texas. 
--South East Austin, think East William Cannon, SE Stasney, Riverside. 
That's it. Those  above  aforementioned geographic areas, are some of the few remaining, improving, "BUY LOW" "SELL HIGH" Areas. Why? Everywhere else is "BUY HIGH", then SELL HIGHER?"

 The overpowering, and straining rise of Travis County Property Taxes has unilaterally hurt everyone. It hurts property owners. It hurts renters who are often asked  to carry the "pass-the-buck" burden. Property Taxes in Travis County have simply just become cumbersome, and unbearable. 

 So there we go my friends. I wish this news and blog post was more upbeat and less bleak, yet as a working residential realtor and full time ATX  local and resident, I am simply trying my best to report the truth, through my eyes, as I see it today. We'll see how tomorrow looks? I'll let you know if something changes. 

 For ATX Real Estate Questions, Wants, and your unique inquiry,

 George Vance McGee

512.657.9281 iphone
georgevance@gmail.com
AustinSilentMarket.com
Licensed Texas Real Estate Salesperson
Sales. Leasing. Spec & Lot Development.

Comments

Post a Comment

Most Popular Posts on ATX Real Estate Life Blog

Per TheATX1 (@The ATX) on Twitter: Here are the Future Development Plans for West 6th and Lamar in Old West Austin, near Downtown, ATX.

 This is a massing of the 6th & Lamar (Waterloo Records site) residential project based on the Planning Commission approved zoning. The original plans before a compromise was reached with the local neighborhood association called for a building 31' and two or three floors taller. TheATX1 (@The ATX) posted: This is a massing of the 6th & Lamar (Waterloo Records site) residential project based on the Planning Commission approved zoning. The original plans before a compromise was reached with the local neighborhood association called for a building 31' and two or three floors taller.  https://x.com/theatx1/status/ 1944435039199985686?s=66
Post a Comment
Read more

Should you BUY a FLIPPED House? ATX Broker Associate GVM Tips, Insights.

 SHOULD YOU BUY a "FLIPPED" HOUSE?  Have you personally ever considered and wondered if you, yourself should BUY  a "flipped house." In my 15+ years of predominantly residential Central Austin brokerage practice and experience, here are my insights, opinions, suggestions and things to be cognizant of.  #1. Absolutely, for sure get a LICENSED INSPECTION on the flipped house! Not all flippers are the same. Just like in life there is a wide spectrum in regards to quality. Some flippers are flat out awful. They make very lipstick-like improvements, skip the expensive items such as the foundation, and plumbing and try to trick the consumer into paying more for a home, when the consumer shouldn't.  On the Flip Side (this joke was just too obvious) There are also excellent high-quality flippers whom selectively choose which homes they flip, and then they invest carefully and beautifully while genuinely  improving a home! Some of these hi-quality upper tier flippe...
Post a Comment
Read more

THE UNICORN LIST for Austin, Texas 2026 Edition via GVM Real Estate Broker:

  🦄 GVM's Austin Texas UNICORN LIST™ George Vance McGee's Favorite Local Professionals, Businesses & Hidden Gems 2026 Austin Edition By George Vance McGee, Austin Native, Real Estate Broker Associate, Austin Silent Market Austin is a rapidly & constantly changing city, but some local businesses, professionals, and community institutions continue to stand out. Over years of working in real estate sales, leasing, lot development and simply enjoying life in Austin, I've developed my personal "UNICORN LIST" of trusted local resources. A "Unicorn" is an ATX resident who was born and raised in Austin, TX. My mother Andrea Roberts McGee (rest in peace) birthed me at Seton Hospital on West 38th Street in November of 1981.  ⚖️ Real Estate Attorneys Claiborne Cowan & Associates Wills Probate Estate Planning Real Estate Legal Matters Jon M. Daves Evictions Landlord & Tenant Law Leasing Disputes Property Rights Shapiro & Dunn Business Law Practi...
2 comments
Read more