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News – Austin

* This news feed is generated through NewsTalk Texas, provided by the Real Estate Center at Texas A&M University

​​​SANTA BARBARA, Calif. – From 2010 to 2019, almost 690,000 Californians​​ relocated to Texas, according to a StorageCaf​é study.

Harris County was the top destination for Golden State expatriates, with over 8,400 Californians relocating there. Most of the move-ins came from Los Angeles. 

The median home price was 57 percent cheaper in Harris County than in Los Angeles County, a $482,010 price difference. The median home was also 577 sf larger. 

Californians have chosen Texas primarily for the extra living space, lower cost of housing, and competitive job opportunities. 

The rest of the top ten Texas counties for Californians last decade were:

  • Dallas County, 7,923 move-ins;

  • Travis County, 6,725;

  • Tarrant County, 6,623;​

  • Bexar County, 5,340;

  • Collin County, 5,294;

  • Denton County, 4,028;​​

  • Williamson County; 2,877;

  • El Paso County, 2,521; and

  • Bell County, 1,727.

Texas logoThe Texas Real Estate Research Center has a wealth of economic information online for free.

​Source: StorageCafé

​​​​CYPRESS ​– ​Howard Hughes is building Parkland Row, a new neighborhood in the Bridgeland master-planned community.

The neighborhood will have 288 homesites around a centralized park and lake near the intersection of Fry and Tuckerton Roads. Homes will range from 1,400 to 3,400 sf. 

David Weekley Homes is the project's homebuilder. 

According to an RCLCO Real Estate Advisors report, the 11,500-acre Bridgeland was the third top-selling master-planned community in Texas and 14th nationally. ​​​

texaslogo.pngThe Texas Real Estate Research Center has more information on housing:​

​​​​FORT WORTH – Hillwood will develop Alliance Center North 8 and 9, two speculative industrial buildings totaling one million sf.

The cross-dock buildings will have 36-ft clear heights, 185-ft truck court depths, office space,​ and LED warehouse lighting. 

Alliance Center North 8 will have 140 car parking spaces with 116 trailer parking spaces, while Alliance Center North 9 will have 150 car parking spaces with 221 trailer parking spaces. 

The buildings will be at the southeast corner of N. Beach St. and Litsey Rd. within the 27,000-acre AllianceTexas development.

Groundbreaking is set for December, and completion is slated for late 2022.

Texas logoThe Texas Real Estate Research Center has more on DFW's industrial market:

​​​​CASTROVILLE – Merit Commercial Real Estate is developing the 435-acre Alsatian Oaks master-planned development.

The first phase will bring 233 homes, utility systems, and a parkway connecting to SH 90. 

At buildout, the community will have 950 homes; over 400,000 sf of restaurant, retail, and medical office space; and neighborhood parks and trails. 

Amenities will include a pool and fitness center. 

texaslogo.pngThe Texas Real Estate Research Center has more information on housing:​

​​​AUSTIN – RockFarmer ​Properties LLC and Wildhorn Capital LLC have acquired Enclave at Waters Edge, a 184-unit apartment complex at 12330 Metric Blvd. 

Built in 1986, the property has studio and one- and two-bedroom units. 

Amenities include a dog park, fitness center, outdoor lounge, game room, and three pools. 

RockFarmer will renovate the community. 

Newmark represented both the buyers and the seller, Evolve Communities LLC, in the transaction. 

texaslogo.pngThe Texas Real Estate Research Center has more news like this online for free: