Elon Musk's The Boring Co. grabs industrial space in Pflugerville

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Cathleen Blackmon
Lender · Schertz, TX · Member since 2017 · 20 posts · 15 votes
5y

Are you going to have enough houses to sell all the new Texans?

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  • Cathleen Blackmon
    Lender · Schertz, TX · Member since 2017 · 20 posts · 15 votes
    5y

    Are you going to have enough houses to sell all the new Texans?

    3Reply
  • Andrew Bissada
    Investor · Austin, TX · Member since 2020 · 60 posts · 12 votes
    5y

    I've been starting to wonder where the path of progress is going to be considering:

    New Apple Campus: North West Austin

    Soccer Stadium: North Central Austin

    Boring Company: Pflugerville (East of Austin)

    Tesla Gigafactory: Southeast Austin

    Oraclce: Not sure where in Austin

    But Austin is already full of properties, new houses have to be further out. So will that be Pflugerville? Round Rock? Cedar Park? Leander? How much space is there for new houses in each of those towns?

    1Reply
  • Jordan MoorheadBusiness Member
    Real Estate Agent · Austin, TX · Member since 2015 · 5k+ posts · 3k+ votes
    5y

    @Cathleen Blackmon no, there's only .9 months of inventory.

    @Andrew Bissada there is no "path of progress" here, more like a mushroom cloud of progress. The question is where is it not progressing? In my head that's the west side of town because of Lake Travis. East of 130 has a tremendous amount of space left for growth too.

    [email protected]512-888-9122
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    2Reply
  • Bryan Noth
    OP
    Realtor · Austin, TX · Member since 2016 · 1k+ posts · 1k+ votes
    5y

    The inventory is certainly low @Cathleen Blackmon

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  • Bryan Noth
    OP
    Realtor · Austin, TX · Member since 2016 · 1k+ posts · 1k+ votes
    5y

    That's a great metaphor @Jordan Moorhead:

    And I think your second point about the west being a bit more landlocked with the lake is spot on to answer @Andrew Bissada.  North and East side have room to grow and existing highway infrastructure to facilitate commutes into the city.  I would encourage researching potential areas on existing deterrents to potential growth (Austin's landfill sites on the East and South East side to name a few).  

    2Reply
  • Arian Cabrera Alvarez
    New to Real Estate · Round Rock, TX · Member since 2020 · 12 posts · 3 votes
    5y

    @Andrew Bissada I will only add the several "domain like" developments in different areas:

    *Leander

    *Round rock

    *Hutto

    I think there's one south too

    1Reply
  • Bryan Noth
    OP
    Realtor · Austin, TX · Member since 2016 · 1k+ posts · 1k+ votes
    5y

    @Andrew Bissada there are 2 big ones.  The first goes by several names.  Originally called 4700 East Riverside is now called River Park and referred frequently as the "Domain on Riverside"

    https://www.bizjournals.com/au...

    And the Second is the Velocity development.  https://www.bizjournals.com/au...

    0Reply
  • Andrew Bissada
    Investor · Austin, TX · Member since 2020 · 60 posts · 12 votes
    5y
    Originally posted by @Arian Cabrera Alvarez:

    @Andrew Bissada I will only add the several "domain like" developments in different areas:

    *Leander

    *Round rock

    *Hutto

    I think there's one south too

    Thanks for the intel. Do you know how many years until the one in Round Rock is done?

    I heard the other day they are building one in Pflugerville as well.

    0Reply
  • Arian Cabrera Alvarez
    New to Real Estate · Round Rock, TX · Member since 2020 · 12 posts · 3 votes
    5y

    @Andrew Bissada covid delayed everything but check this post:

    https://communityimpact.com/austin/round-rock-pflugerville-hutto/development-construction/2019/02/14/the-district-development-in-round-rock-moves-forward-expected-to-bring-1-5m-in-annual-tax-revenue-5000-jobs/

    1Reply
  • AP Horvath
    Developer · Austin, TX · Member since 2020 · 82 posts · 61 votes
    5y

    @Bryan Noth @Jordan Moorhead ---- rest assured, that the communities around Lake Travis (Bee Cave and Lakeway) and unincorporated areas to the west, down Hamilton Pool Road into Hays County (Dripping Springs) are seeing incredible growth too. 

    The Lake Travis area and areas to the west have two discint advantages: it's all Hill Country so it is pretty, and schools are excellent -- and yes, it is getting expensive fast. But plenty of housing coming online soon too.  

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