About Austin's Ut Area

"When it comes to bragging rights for attractive college real estate markets, Utah and Texas are the biggest winners," says Stuart Frazier, co-founder and director of client relations at Arlington, Texas-based College Real Estate.

The College Scorecard looked at 291 markets ranked by the Office of Federal Housing Enterprise Oversight and matched them with the 321 schools that have NCAA Division I men's basketball programs.

The three top spots on the real estate list are: Thibodeaux, La., home of Nicholls State University; Ogden-Clearfield, Utah, where Weber State University is located; and Provo-Orem Utah, home of Utah Valley State College.

Austin came in seventh with a 7.95 percent increase in home prices in 2007. Austin is home to a number of colleges and universities, including the University of Texas, St. Edward's University and Austin Community College. Nearby San Marcos is home to Texas State University.

Situated in the heart of downtown Austin the 40 acres as it is often called by locals has been a hot real estate market. Students walk or bike to campus and need housing in close proximity.

Apartment Complex walking distance from UT. 100% leased. 1,290,000 12 units. The University of Texas at Austin is home to approximately 52,000 students and West Campus is The Prime Student Housing area. This property is zoned MF-4 and is currently leased at $7800/month through 7/09. This property underwent a major renovation (foundation, plumbing, and electrical) in 2006.

The West Campus area supports rental rates in the $700-$900/bedroom range. This property is a TurnKey opportunity to enter the Student Housing market in one of the most dynamic University demographics in the USA....2 refrigerators/2 dishwashers/effective management/long-term tenants/hardwood & ceramic tile flooring/etc...