Austin Real Estate Market Update

 

June 13, 2017

JUST LISTED! 5124 Texas Bluebell Spicewood TX

Nestled in the scenic beauty of the Hill Country, you'll find Austin's best kept secret, West Cypress Hills. If you've been searching for a home that has the Hill Country feel with the convenience of first-class retail shopping, dining experiences and medical facilities, then look no further. This home boasts 5 bedrooms + Office + Gameroom + Media Room & Pool * Backs to Greenbelt * PLUS Added bonus SOLAR PANELS!  Offered at $490,000

5124 Texas Bluebell Dr, Spicewood TX | Lake Travis Homes for Sale
Listing Presented by Lori Wakefield, Austin Real Estate Group at Keller Williams Lake Travis, Austin Texas 
512.657.4455 or visit www.AustinRealEstateGroup.com

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5124 Texas Bluebell, Spicewood TX 78669 - One of the best homes for sale in West Cypress Hills!
3773 sqft
5 Bedrooms
3 1/2 Baths
.26 acre lot
Backs to Greenbelt
Pool
Kitchen open to Living Room
Soaring ceilings
Gameroom plus media room
Austin TX
Travis County
Lake Travis ISD
West Cypress Hills Elementary
Lake Travis Middle School
Lake Travis High School
Minutes to area shopping and beautiful Lake Travis

If you would like to schedule a private tour of 5124 Texas Bluebell, Spicewood TX - Please contact listing agent Lori Wakefield at 512.657.4455

Also, if you would like to see other homes for sale in Spicewood or are interested in real estate investing in Spicewood, contact Lori Wakefield from Keller Williams Realty at 512-657-4455

Thinking of selling your home in Lakeway? Lori Wakefield from Keller Williams Realty will give you a Home Value Assessment and Seller's Guide 
You will also get a custom home value of your Lakeway Real Estate.

There are many homes in the Lake Travis area with pools - Search Here 

5124 Texas Bluebell West Cypress Hills

 

 

 

June 12, 2017

Spruce Up Your Space with New Paint

$100 in the Can is Worth $1,000 on Your Wall

For less than $100, a can of paint and some basic supplies can totally transform a room in your home—and might even result in a new attitude.

Unfortunately, many do-it-yourselfers find it intimidating to select a new paint color. This month’s resource offers advice for choosing the perfect hue as well as the appropriate finish for your particular project. It also includes a number of helpful tips for getting the job done right.

Better yet, that $100 investment will most likely deliver a generous return if you decide to sell. Please call if you would like a referral to reputable paint contractor or a design consultant who would be happy to help you renew your décor and possibly even your frame of mind!

Cheers!

Lori Wakefield, REALTOR
Keller Williams Realty, Austin Texas

Oh, by the way®… if you know of someone who would appreciate the level of service I provide, please call me with their name and business number. I’ll be happy to follow up and take great care of them.

Spruce up your space with new paint | Lori Wakefield REALTOR | Keller Williams Realty Austin TX

Get the paint job you'll love | Lori Wakefield REALTOR | Keller Williams Realty Austin Texas

May 22, 2017

Buying a first rental property can be a path to financial independence

Tips for Buying a Rental Property

Being a great landlord (and building rental property into a profitable business enterprise) takes knowledge, commitment and sometimes a lot of elbow grease. However, it can be immensely rewarding, and the money is only part of it! Buying a rental property can set an investor on the path to financial freedom, but it requires a lot of groundwork and learning for one to be successful.

Consider Both the Benefits and Risks

The promise of easy extra income may be seductive, but the business is not without risk. It requires attention to detail, and a fair amount of extra work, not to mention some worry along the way. Here are some down-to-earth tips to keep you out of financial ruin:

  • Treat your rental property as a business. Your tenants may be nice people, but stick to the terms of your lease rather than let emotions get in the way: Collect late fees if rent isn't paid on time and assess charges if tenants damage the property.
  • Learn to do some things yourself. Some ongoing repairs are required, even if your tenants are responsible for routine maintenance. 
  • Expect the unexpected. You'll be close to the truth if you expect that everything will take twice as long as you think it should and cost twice as much. Systems fail, parts must be replaced, your property may not rent as quickly as you would like. Be prepared to deal with delays and dollars. 
  • Know that, as in any other field, you will make some mistakes and you will learn from your experiences. There are a wide variety of investment experiences, and some may be fails. Don't overextend yourself, particularly if you are new to "landlording."
  • Build up a contingency fund. It's vitally important to set aside some of the rent money you receive. Even if your rental property turns a substantial monthly "profit," don't book that extended vacation just yet. There will be unanticipated costs.

Approach Each Deal with Caution

No matter what your long-term goal may be, every rental property you consider should be a good deal on its own merit. Never think that a borderline property will be a good addition to a growing investment portfolio. An accepted rule of thumb is that rental receipts for 10 months should cover 12 months' worth of anticipated expenses, to include mortgage payments, insurance, taxes, ongoing maintenance and repairs, advertising, marketing and supervision. If you can't make those numbers work, don't buy the property. 

Location and property condition are as important, if not more important, for rental properties compared to homes that you live in. Your object, of course, is to buy low, rent for as much money as possible, pay off the existing loan and build equity as well as a passive income stream for your future.

In order to do that, you must stay involved. That means carefully screening prospective tenants, personally inspecting your property on a regular basis, monitoring market trends, and keeping close watch on finances, including escalating insurance premiums and tax assessments that are beyond your direct control.

Financial Independence

Buying a first rental property can set a savvy investor on the road to real wealth, financial independence and early retirement, but it takes vision and dedication. It does not happen overnight and it may be one of the ultimate "on the job training" experiences. Successful investors offer pertinent advice for a potential landlord. But almost everyone with rental property also has some not-so-pleasant stories to tell. Minimize your risk by starting small and staying local. As you gain experience, confidence and knowledge, you can broaden your horizons.

May 17, 2017

5 Steps for Personal Development

Want to commit to personal growth and positive change but aren’t sure how to start? Below are five steps to help you begin today. From setting goals to journaling, these are sure to help you along the path to lifelong learning and personal development.

5 Steps for Personal Development | Lori Wakefield REALTOR | www.AustinRealEstateGroup.com

Interested in learning more?  Check out our article:  7 Ways to Invest in Yourself

 

Oh, by the way®... if you know of someone who would appreciate the level of service I provide, please call me with their name and business number. I’ll be happy to follow up and take great care of them. 

May 17, 2017

7 Ways to Invest in Yourself

“Knowing yourself is the beginning of all wisdom.” - Aristotle

One of the best investments you can make is the investment in yourself.  Personal development is more popular than ever as more people strive to achieve higher levels of success.

This month, I’m sharing information that outlines seven ways to invest in yourself through a commitment to personal growth. From taking seminars and reading more books to listening to podcasts and finding a mentor or coach, the list includes options for even the busiest person. The piece also includes the benefits of adopting a growth mindset and committing to lifelong learning and personal development.

Achieve more success in all areas of your life with these helpful tips. Share this information with your family and friends to help them achieve their goals as well.

Sincerely,

Lori Wakefield, REALTOR

Keller Williams Realty, Austin TX

 

Oh, by the way®… if you know of someone who would appreciate the level of service I provide, please call me with their name and business number. I’ll be happy to follow up and take great care of them.

7 Ways to Invest in Yourself | Lori Wakefield REALTOR | www.AustinRealEstateGroup.com

7 Ways to Invest in Yourself | Lori Wakefield REALTOR | www.AustinRealEstateGroup.com

 Interested in learning more?  Check out our article:  5 Steps for Personal Development

April 12, 2017

7 Features that May Sell Your Home Faster

Are you thinking of listing your home this spring? You may be wondering what you can do to make your home more attractive and allow it to stand out from other similar homes in your market.

This month, I’m sending information about the seven features that may help your home sell faster. From energy-efficient windows and appliances to hardwood floors, these are the most popular features buyers look for when searching for homes. The second page outlines other features that help your home stand out, from updated kitchens and bathrooms to home offices.

If your home has these features, we’ll be sure to highlight them if you decide to list. If not, and you want to renovate to add them, give me a call and I’ll connect you with a great contractor in my network. Also, if you’re thinking of listing your home in the coming months, I’d love to discuss the market with you. Give me a call and I’ll give you a comparative market analysis of your home and answer any questions you may have.

 

Sincerely,

Lori Wakefield, REALTOR
512.657.4455

 

Oh, by the way®… if you know of someone who would appreciate the level of service I provide, please call me with their name and business number. I’ll be happy to follow up and take great care of them.

 

 7 Features that May Sell Your Home Faster | www.AustinRealEstateGroup.com

7 Features that May Sell Your Home Faster | www.AustinRealEstateGroup.com

March 15, 2017

Are you thinking of buying a home this year?

Are you thinking of buying a home this year? The decision is a big one for many people. Below are several questions to ask to help you decide whether or not now is a good time for you to buy. It also includes three signs you’re ready to buy or sell a home.

Three signs you're ready to buy or sell a home

 

Oh, by the way®... if you know of someone who would appreciate the level of service I provide, please call me with their name and business number. I’ll be happy to follow up and take great care of them. 

Feb. 25, 2017

What's in Store for the Real Estate Market in 2017

 3 Reasons to Take Housing Predictions with a Grain of Salt

At the beginning of the year, it’s common to see articles in magazines, in newspapers and online that offer predictions about the national housing market. These forecasts may provide insight to real estate professionals and interested investors; however, to the average person who’s thinking of buying or selling, the predictions often don’t make a difference in their final decision.

Here’s why:

1. All real estate is local.

What’s going on in the national market may not be an accurate reflection of what’s going on in our market. If you want to know about our local market and what your home is worth, I’m happy to answer all of your real estate questions.

2. The future is uncertain.

Experts estimate future market trends based on current statistics and historical trends. In other words, they use past and current data to find clues as to what might happen next. However, national and global events can have an unforeseen impact on the economy, including the housing market. While experts may predict one thing now, the reality could turn out to be very different.

3. Buying and selling is a personal choice.

If you’re ready to buy or sell a home, your decision may rely on factors other than the state of the market. For example, family changes and job relocations are two of the most common reasons people move.

While it’s smart to consider the state of the market when you’re thinking of buying or selling, in the end, if you think it’s a good time, then it’s a good time.

Why buy?

1. It is part of your financial plan.

You are financially ready and now have the freedom to make the property your home.

2. Circumstances are right.

Whether you’ve relocated for a job or just sold your home, circumstances may have forced your hand to buy.

3. There are lots of homes for sale in your desired market.

If your desired home is in a buyer’s market, now is a great time to buy if you’ve been on the fence.

Why sell?

1. You’ve outgrown your home.

If your family is growing or your parents or adult children have moved in, it may be time to sell in favor of a larger home.

2. You want to live closer to family or friends.

If you want to spend more time with your loved ones, it may be time to sell and move closer to them. 3. You’re relocating for a job. Whether you’re transferring within your company or you’ve found your dream job, a change in work circumstances may cause you to list your home

Feb. 21, 2017

NEW PRICE! 14715 Wildrye Austin TX

Beautiful finish out!  Open floorplan!  Office!  Gameroom!  AND Media/Bonus room!  Hill country views!  Gorgeous treed backyard!  

4122sqft | 5 bedroom | 3 car garage | Offered at $543,000

Looking for a family friendly neighborhood? Rocky Creek features 300 acres of natural open space with approximately 5 miles of natural hike and bike trails, and an amenity center, including a resort pool and playground

Looking for great schools? Lake Travis ISD ranks nationally as one of the best in the US - Want to be close to area shopping? Rocky Creek is just 4.5 miles off Hwy 71 with easy access to grocery stores, drug stores, gas stations, and the Hill Country Galleria.  

17512 Wildrye Dr Austin TX 78738 | Homes for Sale Lake Travis  
Listing Presented by Lori Wakefield, Austin Real Estate Group at Keller Williams Lake Travis, Austin Texas 
512.657.4455 or visit www.AustinRealEstateGroup.com

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17512 Wildrye Dr Austin TX 78738 - Best Value in Rocky Creek!
4122 sqft
5 Bedrooms
4 1/2 Baths
.3 acre lot
Wood tile throughout the main living areas
Kitchen open to Living area
Cover porch 

Austin TX
Travis County
Lake Travis ISD
Serene Hills Elementary
Hudson Bend Middle School
Lake Travis High School
Easy Commute to downtown Austin

If you would like to schedule a private tour of 17512 Wildrye Dr Austin TX - Please contact listing agent Lori Wakefield at 512.657.4455

Also, if you would like to see other homes for sale in Rocky Creek or the Lake Traivs area or are interested in real estate investing in Austin, contact Lori Wakefield from Keller Williams Realty at 512-657-4455

Thinking of selling your home in Rocky Creek? Lori Wakefield from Keller Williams Realty will give you a Home Value Assessment and Seller's Guide 
You will also get a custom home value of your Rocky Creek Real Estate.

There are many 5 bedroom homes in Rocky Creek and 4 bedroom homes as well - Search Here 

17512 Wildrye Dr Austin TX 78738

 

 

Feb. 9, 2017

Best High Schools in Austin Texas

According to USAInner.com, the Austin area boasts 5 of the Top High Schools in the State of Texas.  Pretty impressive considering there are 3,709 High Schools in the State!

Congratulations to Lake Travis High School, Lake Travis High School, Westwood High School, Liberal Arts & Science Academy and Westlake High School for making the list of Top High Schools in the State of Texas.

Check out the entire report here - Best High Schools in Texas

Why are Good Schools Important When Buying a Home?

Even if you do not have school age children, buying a home within a good school district is a smart decision because those areas are typically in high demand which is great for appreciation and resale.

Search for Homes in Austin's Best School Districts

Lake Travis ISD

The Lake Travis school district is located in the Southwest portion of Travis county and serves approximately 8,200 students.  Not only does Lake Travis High School rank as one of the Top High Schools in both Texas and the US, it also boasts some of the States top performing sports, music and art programs as well as clubs.

Search Homes for Sale by School

Lake Travis High School
Lake Travis Middle School 
Hudson Bend Middle School
Lake Travis Elementary
Lakeway Elementary
Lake Point Elementary
Bee Cave Elementary
Serene Hills Elementary
West Cypress Hills Elementary

Dripping Springs ISD

The Dripping Springs school district is located in the Northwest portion of Hays county and serves approximately 5,400 students.  Not only is Dripping Springs High School ranked in the Top 20 Best High Schools in Texas, it is also ranked in Top 100 Nationally.

Search Homes for Sale by School

Dripping Springs High School
Dripping Springs Middle School
Dripping Springs Elementary 
Rooster Springs Elementary
Walnut Springs Elementary

Eanes ISD

The Eanes school district is located in Travis County and centrally located with easy access to downtown Austin.  It serves approximately 7,700 students.  Westlake High School consistently ranks as one of the Top High Schools in the US.

Search Homes for Sale by School

Westlake High School
Hill Country Middle School
West Ridge Middle School
Barton Creek Elementary
Bridge Point Elementary
Cedar Creek Elementary
Eanes Elementary
Forest Trail Elementary
Valley View Elementary

Round Rock ISD

While the Round Rock school district is head quartered in the city of Round Rock, the district also encompasses northwestern portions of the City of Austin, southeastern of Cedar Park, and unincorporated portions of both Williamson and Travis Counties.  It is a very large school district serving 46,500 students.  Of the 5 high schools in the district, Westwood ranks as one of the top in both the State of Texas as well as the US.

Westwood High School Homes for Sale

 

Looking to buy or sell real estate in Austin Texas?  Call us first!  512.657.4455