New Milestone for the Austin Metro Area Predicted this Year

[10scoachrick]

I guess MileStone is doing its part to help reach a new milestone

MileStone and DRHorton must be laughing all the way to the bank with the growth of the past 5 years. Seems they were just another basic builder(or two) who can now sell homes in price ranges double that of their market just a few years ago...for better or worse. As I've said before, there are plenty of quarter-million dollar homes being built...they just cost $375K now!

https://www.mymilestone.com/find-you...tin-cedar-park

[mark311]

Originally Posted by 10scoachrick

I guess MileStone is doing its part to help reach a new milestone

MileStone and DRHorton must be laughing all the way to the bank with the growth of the past 5 years. Seems they were just another basic builder(or two) who can now sell homes in price ranges double that of their market just a few years ago...for better or worse. As I've said before, there are plenty of quarter-million dollar homes being built...they just cost $375K now!

https://www.mymilestone.com/find-you...tin-cedar-park

Every time that I am near that "Whitestone Landing" development, I wonder why anyone would want to live behind Sonic next to the worst intersection in Cedar Park. It's not worth the discount. Any little piece of land that these builders can get their hands on is fair game.

[riaelise]

Originally Posted by mark311

Every time that I am near that "Whitestone Landing" development, I wonder why anyone would want to live behind Sonic next to the worst intersection in Cedar Park. It's not worth the discount. Any little piece of land that these builders can get their hands on is fair game.

Tell me about it. I hope this market slowdown will keep the damn new home subdivisions away with their mass produced housing. there's this single tract of land where I live, absolutely no trees, cow pasture, adjacent to a rambling farm property and a commercial strip. next to active train tracks, and Brushy creek. And Pulte has purchased the land to build a subdivision called "Arden Park" -- mind you, no trees, absolutely no views of any kind...totally undesirable land but it's in an active corridor that is almost virtually built out. And with the new planned water park and nearby amenities, they're seeing dollars. However, due to the fact that the land itself is no prize, they can only get at most $300k for their homes, vs. the weekley development down the road which is asking for 400-700 but is on a better tract of land. (Granted that land also has no trees, in an area full of trees, so it is not selling all that quickly as well).

[ScoPro]

Originally Posted by riaelise

Tell me about it. I hope this market slowdown will keep the damn new home subdivisions away with their mass produced housing. there's this single tract of land where I live, absolutely no trees, cow pasture, adjacent to a rambling farm property and a commercial strip. next to active train tracks, and Brushy creek. And Pulte has purchased the land to build a subdivision called "Arden Park" -- mind you, no trees, absolutely no views of any kind...totally undesirable land but it's in an active corridor that is almost virtually built out. And with the new planned water park and nearby amenities, they're seeing dollars. However, due to the fact that the land itself is no prize, they can only get at most $300k for their homes, vs. the weekley development down the road which is asking for 400-700 but is on a better tract of land. (Granted that land also has no trees, in an area full of trees, so it is not selling all that quickly as well).

"They" are welcome to buy my 25 acres of open land (with only 3 trees in the corner) and build whatever they want on it. Only asking $3.50 sq/ft.
Nothing new has been built in the area for at least 10 years.... except for the F1 COTA race track.

[Austin97]

Originally Posted by ScoPro

"They" are welcome to buy my 25 acres of open land (with only 3 trees in the corner) and build whatever they want on it. Only asking $3.50 sq/ft.
Nothing new has been built in the area for at least 10 years.... except for the F1 COTA race track.

It is coming, just a matter of time. The east side is a done deal. There is the eightfold project, which is supposed to be a 400 million project like the domain. It is located at the freescale location on the east side of 183, south of mlk.

Colony park is supposed to be another mueller, just north of there.

[Novacek]

Originally Posted by Austin97

It is coming, just a matter of time. The east side is a done deal. There is the eightfold project, which is supposed to be a 400 million project like the domain. It is located at the freescale location on the east side of 183, south of mlk.

Colony park is supposed to be another mueller, just north of there.

CotA is 9 miles away from eightfold (if that happens). There's a big difference between a project 4 miles from downtown and on 183 (eightfold) and stuff 12 miles from downtown and out past Tx130.

[Rynldsbr]

Exponential growth versus growing exponentially...in any case it continues to grow and continues to push out the very qualities that made it popular to begin with. Soon it will be another Dallas type metro with Round Rock being the comparable to Ft Worth.

[Austin97]

Originally Posted by Novacek

CotA is 9 miles away from eightfold (if that happens). There's a big difference between a project 4 miles from downtown and on 183 (eightfold) and stuff 12 miles from downtown and out past Tx130.

my acreage near mlk and 183 is starting to look good

[cBach]

This whole post failed to mention the reason for the milestone: Austin city reaching 1 million population, which will happen this year sometime!