ROUND ROCK – Sabey Data Centers Properties LLC will break ground this June on a 40-acre data center at 1300 Louis Henna Blvd. The two-story facility will provide up to 72 megawatts of power capacity. Construction will be complete by first quarter 2023. The Texas Real Estate Research Center has more industrial news for Austin-Round Rock: Texas Quarterly Commercial […]
SAN ANTONIO – A partnership between Pegasus Real Estate and Thackeray Partners has acquired NOAH Apartments, a 224-unit multifamily community at 384 Treeline Park. Built in 1994, the property has one- to three-bedroom units. Amenities include a pool, fitness center, outdoor kitchen, and pet park. Walker & Dunlop represented the buyers and the seller. The Texas Real Estate […]
COLLEGE STATION – Many Texans have received notices this month that their properties appraised much higher this year than last. Such increases often leave property owners expecting exorbitantly high property tax bills the following year, but an economist with the Texas Real Estate Research Center (TRERC) at Texas A&M University says that’s a misconception. “Many factors […]
Just like most things in Texas, Dallas is big. At 339.6 square miles, Big D is the 4th largest city in Texas geographically and ranks 20th in the nation. Traversing a city this size isn’t always easy without a car, but rest assured, where there’s a will, there’s a… read more…
For those visiting Dallas for the first time or locals hosting family and friends in Dallas, a visit to the Crow Museum of Asian Art makes for an unforgettable Dallas Experience. Located in the heart of Downtown Dallas’ Arts District, this museum is a favorite among locals and visitors… read more…
Homeownership has become a major element in achieving the American Dream. A recent report from the National Association of Realtors (NAR) finds that over 86% of buyers agree homeownership is still the American Dream. Prior to the 1950s, less than half of the country owned their own home. However, after World War II, many returning […]
WASHINGTON – The lack of affordable homes is the top obstacle holding back potential and successful homebuyers, according to the 2022 Obstacles to Home Buying report by the National Association of Realtors and Morning Consult. The report compares the experiences of both potential and successful homebuyers across races and ethnicities. Lack of affordable housing is the top obstacle for all races, […]
MANHATTAN BEACH, Calif. – Magma Equities has acquired a 1,361-unit multifamily portfolio from Hilltop Residential. The majority of the units are in four properties in the Dallas-Fort Worth, Houston, and San Antonio markets. Institutional Property Advisors represented the seller. The Texas Real Estate Research Center has more information like this online for free: Texas Quarterly Apartment Report […]
AUSTIN – Third and Congress Owner LLC is purchasing three tracts of land from WC 3rd and Congress LP for $95 million. The land totals 53,920 sf, or just under one and a quarter acres. The tracts are on two sides of The Austonian condo on 3rd St. and Congress Ave.. The site can hold over one million […]
AUSTIN – The median sales price of Texas homes topped $325,000 in first quarter 2022, an 18.6 percent increase over the year, according to Texas Realtor’s 2022-Q1 Texas Quarterly Housing Report. In the first quarter, 88,700 homes were sold in Texas, a 5.6 percent increase over 1Q2021. Nearly half of the homes sold were in the $200,000 to $399,000 price range. […]
