AUSTIN HOUSING AND NEIGHBORHOODS
rejuvenated downtown, especially for
those who have relocated from larger
cities like Chicago and New York, where
they live in the same building they office
out of, or don’t care about a yard or living
in an isolated format. Lofts in the
downtown and West Campus areas have
also become viable options for students
attending the University of Texas at Austin.
community area is a great idea – and
a great opportunity to discover areas
of town before you decide to buy.
valuable Texas property code details
and tenant-landlord information and
forms for residents of surrounding
LAWS IN TEXAS
Before settling on the home of your
dreams, it’s important for future
homeowners to understand a few basics
about Texas real estate laws. A
homestead is defined in Texas as the
place of residence for a family or
individual and is secure from forced sale
by general creditors.
An excellent source for finding out the
intricacies of renting property in Texas
is the Austin Tenants Council. The
ATC’s counseling line at 512-474-
1961 is open only for Travis County
residents, however, the organization’s
website ( www.housing-rights.org) has
No matter what you decide, those
new to the Austin and Central Texas
area will soon discover just how much
the city has to offer when it comes to
housing, neighborhoods, amenities,
options, and much more.
Three carefree new home communities.
Design and style that ;ts your life–and the
Austin locations that do, too.
The Texas Constitution guarantees the only
way a person can lose his or her
homestead rights is by death,
abandonment, sale of property, or
foreclosure of a lien against the homestead.
Texas has two types of homesteads: urban
and rural. In most cases, Texas homeowners
file for homestead exemption as a way to
help lower their taxes. To qualify for
homestead exemption, homeowners must
move into the property by January 1 of that
year. If a buyer purchases his or her home
on January 2, application for the
homestead exemption must wait until the
Dynamic North Side
New contemporary homes in
Austin’s dynamic north side
corridor. Live close to major
tech and key business centers,
the elegant Domain and an
abundance of retail and dining essential for the modern
lifestyle. Sleek design in two
and three-level open plans.
From the $160s.
East Austin’s Oasis
Smart two and three-level east
side homes with contemporary
elevations and interiors. All
that plus a big, beautiful pool
for socializing. A room-to-run
park for dog friends. And,
beautiful proximity to downtown
Austin and South Congress
retail, restaurants and diver-
sions. From the $160s.
In Shady Hollow
One community with two new
garden home villages in Austin’s
Shady Hollow area. The Gardens
have elegant Texas/Craftsman
design and the Cottages are
whimsical, colorful and charming.
Edged by a 13-acre greenbelt,
Gabardine is a gated, carefree
community designed for those
with much more to do than mow.
From the $160s to the $290s.
Once filed, a homestead exemption is
valid as long as the homeowner lives on
the property and is using it as the primary
residence. If the homeowner moves out of
the property and rents it, then the
exemption goes away. Also, homestead
law states that if a property is purchased
with a pre-existing homestead exemption,
the homestead exemption transfers to the
Left: NorthEdge Condos Below: Gabardine Garden Homes
Call today for a tour (512) 271-9442
NOT READY TO BUY?
If you’re new to the area, living in
corporate housing or renting in the
Developed by Benchmark Development and Momark Development, a team that comes together
to create low maintenance, high-feature homes in desirable Austin areas. Homes are presented by
Wes Peoples Homes, with over 31 years of experience in community building.