It’s no secret that as far as real estate goes. Austin is just about as hot as it gets. People are flocking here for job opportunities and our high quality of life, making property more valuable than ever. With the recent boom, many neighborhoods have already become unaffordable for most people… but there are still pockets in Austin real estate worth knowing about. Here are three Austin neighborhoods you shouldn’t pass on looking at when searching for a home.
North: East Anderson Mill
Yes, it’s a bit far north, but the Anderson Mill neighborhood is anything but inaccessible. Cut in half by US HWY 183 and running from RR620 through West Parmer, the East Anderson Mill area boasts large plots, aesthetically beautiful homes, and tons of old oak trees lining the neighborhood streets. There are also tons of great restaurants nearby and the neighborhood is just a stone’s throw from The Domain, the city’s answer to luxury shopping. Feeding into Westwood and McNeil high schools, this is a great area for people looking for a family home. Plus, while the areas around it have higher house prices, somehow the Anderson Mill neighborhood still has a median listing price under $200k.
East Riverside & Oltorf
Turn east on to Woodland from I-35 and you are sure to find some of the largest, coolest homes in central Austin you never knew existed. With the development of the South Shore District off of East Riverside, this area is seeing some long deserved development and improvements as far as amenities go. What was once an area reserved for discount student housing is now being praised for its accessibility. This area is minutes away from downtown and the hip east side. Plus, you’re walking distance from the new city boardwalk along Town Lake. Young professionals are already flocking to rent in the trendy apartments, it won’t be long until the low cost houses are bought up—get in while you can!
So repeat after us: nothing in West Austin is going to be cheap. Okay… glad we got that out of the way.
Of course, there’s always exceptions to the rule! And some pockets of South Lamar really prove that. While you’ll see price tags increase at an almost unbelievable rate the closer you get to downtown, there are an abundance of solid homes at reasonable prices within the 04 zip code if you’re willing to look. However, with them being dab in the heart of Austin’s most bustling boulevard surrounded by amenities including the organic grocery co-op Wheatsville and the biggest, best Alamo Drafthouse in the city, these places get snatched up pretty quickly so you better move.