TexasWaterFrontRanches

Earlier this week I had an opportunity to see one our new listings in Dripping Springs.  The Hill Country land featured over 100 acres of stunning views, wet weather creeks, rare plants and trees, wildlife, several grottos with waterfalls and so much more.   We discovered  several stellar homestead locations where you could look out your front door and see panoramic Hill Country vistas and our amazing Texas sunsets.  With Dripping Springs schools and Austin only 15 minute away, this Lakeshore Drive property would be the perfect estate location.

Visit us at the DMTX website for more information!

grotto

Panoramic Hill Country Views

The Falls: 315 Acres on Lake Travis

This stunning piece of property features Lake Travis waterfront and views, with cleared fields and mature trees.

This property includes frontage on two paved, maintained county roads with a hard corner. The land gently slopes to the approx. 3700 feet of waterfront on deep Bee Hollow Cove on the Lake. Many waterfront and lake view build sites sit on the property, that is surrounded by high-end waterfront homes and ranches.

Lake View

Located in the Lago Vista, water and sewer will be provided by the city. Lago Vista ISD is an exceptional school district, with Lago Vista High School rated as one of the top ten high schools in Central Texas (Austin Monthly). With the completion of the 183A Tollway, this area will not just be attractive to second home buyers from around Texas, but for primary residences as well.

This location would make an excellent personal ranch or land investment. Take your chance to see the listing today.

Hickory Creek Ranch

According to the Wall Street Journal’s article (Green Acres is the Place to Be, 12/2), many new buyers are looking at rural land who weren’t before.

The reasons vary, but the result is definite: rural areas are growing in popularity. One of the most common motivations for buying rural land deals with the pocketbook: in the uncertain economy, land is standing out as a great investment. Many, expecially young singles, have been squirreling away savings, and are starting to look at something that they feel is going to be a more solid investment and a safer, surer bet than the stock market or even a 401(k).  Land is a great asset, and even small plots have appeal to these “starter” groups. It’s “a hedge against an unpredictable future,” the Journal says. Also, the rural market is often stronger than the residential market, and so more rural land can be a great deal over real estate closer to, or in, a city. It’s proving to be a good option whether or not you plan to live on the land.

Hill Country Hideaway

Another group of people looking at farms and ranches are people with more of a “back to their roots” mentality - interested in getting away from the rat race and pace of the city, and to a daily routine involving farming and ranching. This is a wide range of people with everyone from young families looking to get their kids involved, to empty-nesters and retirees who have spent entire careers in an urban environment. They enjoy making money, self sustaining, living green, or just having the fun of this lifestyle as a complete change of pace from what they were used to. “It’s a little like the pioneer spirit,” says one editor, “they still want high-speed Internet but want to feel like they are doing something else for their families.”

Cow Creek Ranch

Some are looking for a way to get away from the city while still being close enough to work, and others may have been forced away from work and are looking to the next opportunity. For many, living on a Texas ranch is something they’ve “always wanted to do.” But for whatever reason, now seems to be the time that so many are feeling the motivation to give ranch life a try.

Dave Murray is your expert in central Texas ranch properties, as well as waterfront, luxury and development. Serving all your real estate needs from first time buyers to relocation, his team is the #1 Team in the #1 Colwell Banker Texas office, and top 10 of all Realtors in the greater Austin area.

Sandy Ranch

CNN Money’s article “What Housing Bust?” covers what areas of the nation have done well in the housing market, and why. According to writer Les Christie, areas with plenty of available developable land have smaller swings between home price highs and lows. This is because, when the demand for housing spikes, home builders are able to build more homes and keep the housing prices in check. Speed is also of the essence here, home builders need to be able to build quickly, thus, the need for available land.

“Elasticity of supply,” this is called, according to Mark Fleming, chief economist for First American CoreLogic. And Christie says, it is the definition of Texas real estate, and similar throughout all the metro areas.

“Texas is the poster child for these ‘steady Eddie’ states. House prices during the past three years rose in all 26 metro areas with gains ranging from 2.8% for Dallas, the second largest metro area, to 9.7% in Houston, the largest, to a whopping 32.5% in Odessa.”

This is part of what is causing the metro areas in Texas, including Austin, to grow so rapidly. Landowners in the Austin area should continue to see their investments in high demand for buyers and developers.