20723 Lakeshore Dr.

With No ETJ, Zoning or Restrictions, your imagination is the only limit to this multi-use property. Three separate lots included (6, 7, and 55) as well as a .3 acre conservation easement. The home has expansive views of the south shore of Lake Travis along with a remodeled kitchen, metal roof, huge game room, sports court, 3 bedrooms and 2 baths. The property will accommodate both investors and home owners alike. With commercial zoning and no restrictions you can build on each lot or keep together. Walk to HOA Park with boat dock and gazebo. You must visit this property to appreciate.

Austin Texas Median Home Price

As home prices continue to decrease the number of active properties do as well. There are currently under 10,000 active listings in the Austin area for the first time since 2004.

With the shortage of inventory it is getting harder and harder for qualified buyers to find quality porperties. Also as we get closer to the end of the first time home buyer (8,000) and move up buyer (6,500) tax credits competition for the best properties will continue to increase.

Now is the time to Buy!

Austin Texas Median Price per foot.

This is a good comparison between the four different price quartiles. Price per foot is one of the most common ways to assign value to a home, but not the only thing you should compare when it comes to buying or selling. The price of a certain property depends on many factors, price fer foot is one of them.

Austin continues to be a strong market for both buyers and sellers. A neutral market is when available inventory is at 6.5 months, meaning it would take 6.5 months at the current pace of sales to sell all of the homes on the market if no new ones were added. Austin currently only has 5.5 months of available inventory, which is another indicator of a lack of inventory. This shortage of inventory will eventually turn the market from nuetral to a sellers market where demand outpaces supply. Prices/Price per foot at this point will begin to go up.