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Seven Oaks Austin Texas Real Estate Information
If you adore a southwestern style estate overlooking hill country views, not to mention being in Eanes Independent School District, Sevens Oaks is where you will want to call home.
Priced in the low millions this neighborhood has one of the lowest tax rates at 1.7626% . The developer of this natural habitat preserve helped future homeowners by putting in the capital requirements to install all of the utilities, foregoing the typical cost the city would encounter, thus reducing the tax liability to land owners in Seven Oaks. This decrease in a homeowners tax liability makes this community very affordable, contrary to many other luxury estate communities where it’s common for a property owner to pay over 2.19%.
As of February 8, 2010 there are 16 homes for sale in Seven Oaks. In 2009, nine properties sold in Seven Oaks. Eight of those nine homes in Seven Oaks sold for 10% or more below the asking price. Seems like homebuyers looking for luxury estates are finding great deals in Seven Oaks. Be sure to look at my graphs and statistics below to see trends regarding homes for sale in Seven Oaks.
If you’re interested in starting from ground zero there are thirteen homebuilders in Seven Oaks, you’re sure to find one that suits your needs. Many of these builders were showcased when Seven Oaks was host to the 2006 Parade of Homes. There are 153 home sites in Seven Oaks, ranging from one to six acres. While much of the community has been developed, there are still parcels available for sale. If you wish to get a list of lots for sale in Seven Oaks please be sure to contact me at 512-567-1597. I can also provide you with contact information and referrals to any of the highly sought after homebuilders in Seven Oaks Austin Texas.
If you have a family and would like to research Eanes ISD check it out here: http://www.eanes.k12.tx.us/
Homeowners in Seven Oaks send their children to Valley View Elementary, West Ridge Middle School, and Westlake High School.
Days On Market & (Sales Price / List Price) Report FOR 2009
Number of SOLD Properties: 9
# Days Average % Sales Price/List Price
0-30 Days: 1 97.40%
31-60 Days: 0 00.00%
61-90 Days: 2 89.81%
91-120 Days: 0 00.00%
120+ Days: 6 87.97%
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Nestled in the beautiful hill country of Southwest Austin, Western Oaks boasts some of the most
affordable homes within a short commute to downtown Austin Texas. Western Oaks was developed in the early years by builder J.W. Smith betwen 1976 and 1979. Other homes were built in the 80's and some newer construction parts of Western Oaks were completed in the 90's and 2000's.
I'm a current resident in Western Oaks. I can tell you first hand this is one of the best neighborhoods in Austin that offers beautifull hills county views on your drive home, as well as a pictureque setting for the neighborhood with Live Oak trees surrounding the neighborhood.
Just north of Western oaks is the popular Barton Creek Mall, also within close proximity are several boutique shopping outlets, not to mention many fine dining restaraunts. The neighborhoods most popular outdoor spots include Dick Nichols District Park, a 152 acre natural habitat with
picnic areas, sports courts, play grounds, abundant hike and bike trails, and swimming pools.
Here is a web site with some cool information on the hike and bike trails in Western Oaks.
You can find at the Austin Parks Foundation web site additional information about the Dick Nichols District Park.
There are currently 32 homes for sale in Western Oaks and The Villages At Western Oaks.
Western Oaks Austin Texas Real Estate Market Stats:
2007: 11 Homes Sold - 42 Average Days on Market
2008: 14 Homes Sold - 38 Average Days on market
2009: 9 Homes Sold - 48 Average Days on market
If you are thinking of buying or selling please be sure to email me for a FREE Brokers Pricing opinion. I can also send you an up to date list of properties for sale in Western Oaks. 512.567.1597
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Capital MetroRail Set to open March 2010 - Austin, TX
I wrote a blog post yesterday about a great condo we just listed for sale in North Austin. It is right down the street from the new Howard Station for the Capital MetroRail. It being one of the many great features of the area, I did some research about the rail system and when it will begin runnning. It's been a target for harsh criticism over the last year or so. The Capital MetroRail initially set to launch in the spring of 2009. However, there were design flaws - the biggest had to do with warning gates for areas called "quiet zone". As you can probably guess, these are areas near residential neighborhoods.
According to the Capital MetroRail website, operations are set to begin next month (March 2010). It will provide transportation from Leander thru north and east Austin into downtown. The final station is located off 4th Street near the Austin Convention Center. Each train can carry up to 200 passengers, and the travel time from end to end is just under an hour. It'll be interesting to see what impact it has on commuter traffic and how well received it will be. My best guess is that many people along the railway will want to use it.
Initially, the Capital MetroRail will only run during the morning and afternoons. Since it uses the same rail lines as freight trains, they cannot operate midday or evenings/weekends. I would like to see city officials (and whoever controls railroad shipping) to work out an agreement to have more frequent shuttles and on the weekends. There will be a high demand for citizens who want to use the trains on the weekends day and night. Hopefully they will look to expand into south and west Austin over time. But I guess I shouldn't get ahead of myself. Many Austinites are for efficiency, and love the idea of implementing a widespread rail system. I guess Stage 1 will need to get up running smoothly before a legitimate request for expansion spearheaded.
Photo credit: http://allsystemsgo.capmetro.org/capital-metrorail-vehicles.shtml
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