The Austin housing hype is usually focused around South Austin and East Austin. Known best for their proximity to downtown and “Keep Austin Weird” vibe, both areas are highly desirable locations for renting, purchasing, and investing. While real estate in these areas certainly has its perks, prospective homebuyers should consider the benefits that North Austin offers before making a final decision. Here are four North Austin neighborhoods to keep an eye on as our city continues to top the charts on best places to move to.
1. Gracywoods/Walnut Creek
2017 Median Home Price: $235,000
What was once a quiet residential area is now one of the hottest areas to live in North Austin. The Domain put these neighborhoods on the map, and its office space brought hundreds of tech workers to the area. The Gracywoods and Walnut Creek neighborhoods also have unique access to green space in Austin. Residential streets weave in and out of the Walnut Creek Metropolitan Park and the Northstar Greenbelt. Both green spaces offer a plethora of hiking and walking trails, dog parks, and play areas.
2. Milwood/Riata Crossing
2017 Median Home Price: $310,000
Employers like Apple and Oracle have situated themselves in northwest Austin. Consequently, the Milwood and Riata Crossing neighborhoods have become a great landing spot for corporate relocations. Much of the Milwood neighborhood is zoned for Round Rock ISD, giving access to highly rated schools while still having an Austin zip code. Several neighborhood parks are scattered throughout the area providing plenty of opportunities to enjoy Austin’s outdoor scene. The commute to downtown is 20-35 minutes depending on traffic; a modest drive compared to many other major cities.
3. Great Hills
2017 Median Home Price: $530,800
When it comes to home buying, there may be some sticker shock compared to other neighborhoods in North Austin. However, houses in the Great Hills neighborhood can be purchased for a fraction of what they cost in West Lake Hills, Great Hills southern sister. Hilly treetop views are not uncommon in the Great Hills area, a perk residents can enjoy while still being minutes away from grocery stores, shopping, and dining. Easy access to 183 and Mopac makes commuting anywhere in the city relatively convenient.
4. Avery Ranch
2017 Median Home Price: $345,000
The 78717 zip code stretches the length of Avery Ranch, which sits at Austin’s northernmost boundary point before Cedar Park. The Avery Ranch HOA has a multitude of parks, pools, workout facilities, clubhouses, and play areas. Lakeline Mall is just minutes to the west, while mixed-use retail and shopping areas are placed at each end of the neighborhood. Avery Ranch residents will be zoned for either Round Rock or Leander school districts, both of which are rated highly.
The North Austin vs South Austin debate will likely continue for many years to come, and there are definite advantages to both parts of the city. Before staking roots in one spot vs the other, send Homespace Realty an email for a personalized tour of both areas. Wherever you decide to live, it’s best to know all of your options. Sound off in the comments which part of Austin you’d love to live in and why!
March 19, 2018