Seven Oaks - Austin TX- Hill Country Real Estate at its Finest is a very unique community just West of Austin. Seven Oaks is not within the city limits, sitting between Austin and Bee Cave TX on FM 2244- Bee Caves Rd.
Because Seven Oaks does not sit within the city limits of any city, there are no city taxes. Therefore, the tax rate is low, only a mere 1.8626%.
What does Seven Oaks have to offer? Look at these pictures! Seven Oaks offers topography like no other. There are hills within the hills. There are views as far as you can see. There are natural stone retaining walls. There is privacy with gates if you want privacy, or there is a community feel if you want to know your neighbors.
The market in Seven Oaks tells an interesting story. In the average prices in and around Austin TX, most buyers look for new and newer homes along with bigger and more features within a home. That's not what the multi-million dollar buyer is looking for...
The multi-million dollar buyer is looking for pre-owned and a "deal". Home owners have been in these homes and paid such and such price for them. Builders are still building and putting more and more money into the homes, and paying today's prices for the materials, so they ask for more.
In the past six months, Seven Oaks has only sold ONE brand new home and it was in July. The other six sales were all preowned homes. The average sold home had 4.85 beds, 4.71 baths, 3.14 living areas and 6250 sqft built in 2005. This average home sold for $1,608,057.
Currently, there are 16 homes actively for sale in Seven Oaks. These homes average 5.125 beds, 5.25 baths, 4.31 living areas and 7625 sqft built in 2008. This average home is asking $2,790,906.
Yikes! Can you see the differences??
The active listings are asking more than $1M more than the average property that sold. Granted, in the past six months, there was a property that sold for $2.75M along with another at $2.1M, so there are buyers in the higher range, but for the most part, buyers are toning down what they're buying and are looking for resale homes in this price range.
This is definitely not the norm in Austin TX Hill Country real estate.
**Are You Packed Yet?**
Donna Harris, REALTOR®
RE/MAX Austin Skyline
www.DonnaHomes.com
Donna@DonnaHomes.com
Austin TX Real Estate and the surrounding areas of Lakeway, Bee Cave, West Lake Hills, Cedar Park, Round Rock, Spicewood, Circle-C, Steiner Ranch, and everywhere in between... Hill Country Austin TX Real Estate and beyond. Whether you're buying or selling an Austin home, I'll be with you every step of the way.
For real time Seven Oaks Austin TX listings, click here.
** #1 Agent in my Office for all of 2008 **
Copyright© 2009 By Donna Harris, All Rights Reserved. You may re-blog with links back to this post.
* Seven Oaks - Austin TX - Hill Country Real Estate at its Finest * was first published on donnahomesblog.com
Property Tax Arbitration - Property Tax Values - Austin TX - is the final step to take when a home owner is unhappy with their property tax value. I am an Arbitrator for the State of Texas' Comptroller's office. I find it very interesting to hear home owners' views as to why their properties are valued incorrectly.
Here's an example from a couple of weeks ago of why would you go to Property Tax Arbitration...
These home owners were given an assessment of over $1.07 Million. They went to the Appraisal Review Board at the Travis Central Appraisal District. Without any kind of deliberation by the panel chosen, they arbitrarily came up with a value of $962k plus some change. How did they come up with this number? Who knows, as there is no explanation on the recording, just a 3 second time period where the panel chair said they're going to deliberate, to when the first panelist says $962k followed by a second panelist saying he agreed "exactly".
With that, the home owners knew they needed to take things further, and they filed for Property Tax Arbitration with the State of Texas Comptroller's Office. The home owners read my blog post about Property Tax Arbitration that explained the process, but instead of choosing me to be the Arbitrator, they chose me to represent them.
We met a couple of times to go over what happened at the Appraisal Review Board, as well as at the house so I could see the condition to be able to compare the property to the ones the Travis Central Appraisal District was looking at. We then went and looked at three homes that were currently on the market since there wasn't much sales history in the immediate neighborhood.
Two weeks ago, we met with the Travis Central Appraisal Districts' Chief Appraiser to come to an agreement. After meeting for about 45 minutes, I helped these home owners go from $1.07M to $962K down to $850k! They did the first adjustment on their own, but between the $962k and the $850k, I helped them save approximately $2240 for the year. From the original appraised value, that's a savings of almost $4800.
Some people don't think Arbitration is worth it, but $4800 is not chump change, and neither is $2440! Because the new value was in favor of the home owner, they got back $450 of their $500 fee for filing for Property Tax Arbitration. They were up over $5200!!! I would love to have an extra $5200 in my pocket each year!
If you question your Property Tax Values and you can't get a satisfactory result from the Appraisal Review Board, don't be scared to take it to the next level. I can either represent you for the Arbitration, or you can choose me to be the unbiased, mutually accepted Arbitrator to preside over your case. I work with Property Tax Arbitration cases in the Austin TX and Dallas TX areas.
**Are You Packed Yet?**
Donna Harris, REALTOR®
RE/MAX Austin Skyline
www.DonnaHomes.com
Donna@DonnaHomes.com
Austin TX Real Estate and the surrounding areas of Lakeway, Bee Cave, West Lake Hills, Cedar Park, Round Rock, Spicewood, Circle-C, Steiner Ranch, and everywhere in between... Hill Country Austin TX Real Estate and beyond. Whether you're buying or selling an Austin home, I'll be with you every step of the way.
For real time Austin TX listings, click here.
** #1 Agent in my Office for all of 2008 **
Copyright© 2009 By Donna Harris, All Rights Reserved. You may re-blog with links back to this post.
* Property Tax Arbitration - Property Tax Values - Austin TX - Final Step when Fighting Taxes * was first published on donnahomesblog.com
Falconhead West - Bee Cave - Austin TX - has a lot of new construction homes for sale in all different stages right now. In a series of posts, I'm going to show you pictures and describe a little of what is going on.
Many people will never have the opportunity to build a brand new house, and many who do, never pay attention to the process it takes to get that house to stand there for many years to come.
Falconhead West in Bee Cave TX used to be a Ranch, called Spillman Ranch. Much of the land was just acres upon acres of trees.
Now, we're ready to pour the foundation! In Falconhead West, where the average sized home is about 3500 sqft, the typical slab pour is approximately six concrete trucks. They bring them in one at a time, pouring the concrete in an even fashion. The sixth truck is mostly the "top off" truck to make sure it's level throughout.
The slab usually sits for a couple of days before they immediately start putting up the frame. They measure the house from several different places and then start laying out the wood.
Within a few hours, it could already look like this...
The first floor frame can usually go up in a day or two. Sometimes it amazes me how I drive by in the morning and there is no frame, and by the time I drive by in the late afternoon, voila, there's a frame!
Check back often as I continue my building series of New Construction Homes for Sale in Falconhead West - Bee Cave - Austin TX.
**Are You Packed Yet?**
Donna Harris, REALTOR®
RE/MAX Austin Skyline
www.DonnaHomes.com
Donna@DonnaHomes.com
Austin TX Real Estate and the surrounding areas of Lakeway, Bee Cave, West Lake Hills, Cedar Park, Round Rock, Spicewood, Circle-C, Steiner Ranch, and everywhere in between... Hill Country Austin TX Real Estate and beyond. Whether you're buying or selling an Austin home, I'll be with you every step of the way.
For real time Falconhead West Bee Cave Austin TX listings, click here.
** #1 Agent in my Office for all of 2008 **
Copyright© 2009 By Donna Harris, All Rights Reserved. You may re-blog with links back to this post.
* New Construction Homes for Sale - Falconhead West - Bee Cave - Austin TX - Part 3 * was first published on donnahomesblog.com
Falconhead West - Bee Cave - Austin TX - has a lot of new construction homes for sale in all different stages right now. In a series of posts, I'm going to show you pictures and describe a little of what is going on.
Many people will never have the opportunity to build a brand new house, and many who do, never pay attention to the process it takes to get that house to stand there for many years to come.
Falconhead West in Bee Cave TX used to be a Ranch, called Spillman Ranch. Much of the land was just acres upon acres of trees. Here is my first post in this series about New Construction Homes for Sale in Falconhead West - Bee Cave - Austin TX.
Once the fill dirt has had a chance to settle, they go in and start adding where the plumbing and sewer lines will go. It's best to do a soft set first before the slab is poured so you know everything is lined up correctly. It's hard to move plumbing around after the fact.
Then, they break the footprint up into large square sections. They wrap each section in what looked like big black trash bags. Around each section are trenches, better to hold the concrete with, my dear... (sorry, bad imitation)
No, the slab is not poured yet... more patience...
Across the sections and within the trenches is where the cables are put. This is called a post tension cable slab. The cables are actually within those blue tubes running the length and width of the slab and pulled really tight as the slab is poured and dried. This creates a more sturdy structure.
Check back often as I continue my building series of New Construction Homes for Sale in Falconhead West - Bee Cave - Austin TX.
**Are You Packed Yet?**
Donna Harris, REALTOR®
RE/MAX Austin Skyline
www.DonnaHomes.com
Donna@DonnaHomes.com
Austin TX Real Estate and the surrounding areas of Lakeway, Bee Cave, West Lake Hills, Cedar Park, Round Rock, Spicewood, Circle-C, Steiner Ranch, and everywhere in between... Hill Country Austin TX Real Estate and beyond. Whether you're buying or selling an Austin home, I'll be with you every step of the way.
For real time Falconhead West Bee Cave Austin TX listings, click here.
** #1 Agent in my Office for all of 2008 **
Copyright© 2009 By Donna Harris, All Rights Reserved. You may re-blog with links back to this post.
* New Construction Homes for Sale - Falconhead West - Bee Cave - Austin TX - Part 2 * was first published on donnahomesblog.com
Falconhead West - Bee Cave - Austin TX is finally going to get their community park!
A few weeks ago, in the middle of the community, a playscape area was started. The ground was leveled and the stone barrier was made into a playful shape... and then last month, it all disappeared...
Where did it go? Why did they stop the construction of our community play area?? No one knew... until now!
Falconhead West has been approved for a 400 sqft Pavilion in addition to two Playscapes, a large one for older kids and a smaller one for younger kids. I guess they originally started building it before final approval.
The only negative is that there will be no parking lot, but I guess street parking will be fine. I live less than a quarter mile away, so we'll be walking or riding bikes!
**Pictures courtesy of the Bee Cave Bee.
**Are You Packed Yet?**
Donna Harris, REALTOR®
RE/MAX Austin Skyline
www.DonnaHomes.com
Donna@DonnaHomes.com
Austin TX Real Estate and the surrounding areas of Lakeway, Bee Cave, West Lake Hills, Cedar Park, Round Rock, Spicewood, Circle-C, Steiner Ranch, and everywhere in between... Hill Country Austin TX Real Estate and beyond. Whether you're buying or selling an Austin home, I'll be with you every step of the way.
For real time Falconhead West Bee Cave Austin TX listings, click here.
** #1 Agent in my Office for all of 2008 **
Copyright© 2009 By Donna Harris, All Rights Reserved. You may re-blog with links back to this post.
* Falconhead West - Bee Cave - Austin TX - Community Park * was first published on donnahomesblog.com
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Austin TX REALTOR. Austin TX real estate changes every day. Whether you're buying or selling, I'll be with you every step of the way! Austin, Lakeway, BeeCave, Round Rock and everywhere in between...
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