COLLEGE STATION – Activity in Texas’ manufactured housing sector ramped up in January with accelerating production and sales, according to the latest Texas Manufactured Housing Survey (TMHS). These gains built off of a particularly strong fourth quarter. “Manufactured housing plants in Texas had their best December in over a decade and finished the year shipping 5.4 […]
Archives: February 2021
Terramark adding residences in East Side neighborhood
SAN ANTONIO – Terramark Urban Homes is planning 12 two-story homes at 914-918 Olive St. in the Dignowity Hill Historic District. The site is part of the 1.3-acre Pine at Hays development, which will have 20 units at buildout. The Texas Real Estate Research Center has more information on housing: Texas Housing Insight San Antonio-area housing news Local […]
Austin buying $9.5M hotel for homeless
AUSTIN – The city is purchasing the 83-room Candlewood Suites hotel at 10811 Pecan Park Blvd. to house homeless people. The hotel has one- and two-bedroom units. Amenities include a pool and fitness center. Get more Austin hotel news on the Texas Real Estate Research Center’s website. Source: Austin Business Journal
JRK picks up 258-unit multifamily complex
HOUSTON – Los Angeles-based JRK Property Holdings has purchased Carrington Park at Gulf Point, a 258-unit apartment community. Built in 2017 on 16 acres at 11666 Gulf Pointe Dr., the property has one- to three-bedroom units. Amenities include a pool, fitness center, business center, and clubhouse. The Texas Real Estate Research Center has more information like this online […]
216-unit single-family rental project set for The Colony
AUSTIN – Avanta Residential is developing a 216-unit single-family rental home community in The Colony, a 2,300-acre master-planned community. Amenities will include a clubhouse, pool, playgrounds, and walking trails with fitness stations. Delivery is set for 2022. Get more Austin-area news on the Texas Real Estate Research Center’s website: Texas Housing Insight Austin-area housing news Home Price […]
Center advisory committee welcomes new members
AUSTIN – Governor Greg Abbott has appointed three new members to the Texas Real Estate Research Center’s Advisory Committee. Vicki Fullerton of The Woodlands and Becky Vajdak of Temple will serve terms expiring Jan. 31, 2025. Doug Foster of Lockhart will serve until Jan. 31, 2027. Their appointments replace Alvin Collins of Andrews, Doug Roberts of Austin, and Clark Welder of Beeville, whose […]
3 Reasons We’re Definitely Not in a Housing Bubble
Home values appreciated by about ten percent in 2020, and they’re forecast to appreciate by about five percent this year. This has some voicing concern that we may be in another housing bubble like the one we experienced a little over a decade ago. Here are three reasons why this market is totally different. 1. […]
Mitch Meyer renovating apartments, building new complex
SAN ANTONIO – Mitch Meyer is renovating Aurora Apartments into a hotel and building a new multifamily complex. The 105-unit building at 509 Howard St. opened in 1930 as a hotel and was transformed into housing for elderly, low-income residents. The new complex at 311 W. Laurel St. will provide housing for Aurora’s current tenants. The Texas Real Estate Research Center […]
320-unit Park at Estancia gets new owner
AUSTIN – Churchill Forge has purchased Park at Estancia, a 320-unit multifamily property at 820 Camino Vaquero Pkwy. Built in 2020, the property has one- to three-bedroom units. Rents range from $1,175 to $1,970 per month. Amenities include a pool, fitness center, business center, clubhouse, and dog park. Institutional Property Advisors represented the seller, GenCap […]
247K-sf warehouse slated for Pflugerville
PFLUGERVILLE – Lincoln Property Co. is developing a warehouse on 15.5 acres within the 130 Commerce Center master-planned commercial development. The project breaks ground this summer and will be complete in March 2022. Alliance Architects is the architect. JLL will handle leasing. The Texas Real Estate Research Center has more industrial news for Austin-Round Rock: Texas Quarterly Commercial Report Local industrial news Source: Austin […]