Downtown Austin Real Estate - What Central Austin Neighborhood Should I Consider?
Some of the most consistent appreciation for home prices in Austin has occurred in the central Austin area. Austin has a bus system through Capital Metro, but no subways or other public transit system, so convenience is critical for many buyers, including many who office downtown or in one of the centrally-located hospitals. At Austin Texas Homes, LLC, we can't tell you where you should live, but we certainly can give you an idea of what the price ranges for a few of the better-known central Austin neighborhoods.
Some of the older, more prestigious neighborhoods in central Austin include Tarrytown, Hyde Park, Enfield, Clarksville, SoCo, Bryker Woods, and Travis Heights. These neighborhoods have the charm of the "old guard," and have the benefit of being right in the thick of Austin life.
Tarrytown is home to many of Austin's "movers and shakers." It's about 10 minutes west of downtown Austin. Currently, homes in Tarrytown range from about $600K to about 1.5 million.
Hyde Park is located just north of the University of Texas. A lot of younger families have been attracted to this area, because of its proximity to parks, Central Market, and the tree-lined streets. You can expect to pay from the high $200K range to the $600K range for a home in this area.
Enfield is a hip area just west of downtown which contains a wide range of property values, starting in the $400K range, and going all the way up to several million dollars. Because of this eclectic mix, an individual street in Enfield may contain properties with dissimilar values, which adds to its diverse charm.
Clarksville is a small historic area on the western edge of downtown Austin just east of Mopac (Loop 1) bounded by 6th Street & 10th Street, West Lynn, and Waterston. Residents here can walk to several restaurants, including El Arroyo, Cafe Caprice, Cafe Josie, and the Castle Hill Cafe. Also, there are a number of small art galleries in the neighborhood. Expect prices starting in the $300K range.
SoCo, which is short for "South Congress", has seen much renovation and revitalization since the year 2000 or so. "First Thursday" of each month is a regular event held on South Congress, wherein stores stay open until 10 PM and there are various activities through the evening. The SoCo shopping area could be described as "funky" or "retro." For a home in this hip and trendy area of town, you can expect to pay between $275K and $500K.
Bryker Woods was originally developed in the 1930's, and it contains many quaint cottage homes. It is located just east of Mopac near 35th Street, and it's part of the Old West Austin historic district. Tree-lined streets and convenience to Seton Hospital, Bailey Park, and Pease Park are some of the advantages. Homes here begin in the $300K range, up to around $750-800K.
Travis Heights is located on the southern edge of downtown. Families and singles of all ages are attracted to this popular area because of the quaint, renovated feel it has. The many trees and convenient location of this neighborhood are additional selling points. Home prices in this area range from $300K to $700K.
If you are looking to buy a home in central or downtown Austin (or anywhere in the general Austin, Texas area, for that matter), give me a call or email me anytime. I look forward to helping you find the right home! Thanks! Jason Crouch, Broker/Owner, Austin Texas Homes, LLC