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Author Archive for Doreen Zelma

5905 Paseo Del Toro Central Austin 78731

by Doreen Zelma
February 3rd, 2012

5909 Paseo Del Toro Austin Texas 78731

5905 Paseo Del Toro is a Central Austin beauty combines casual style with modern sophistication.  Ideal floor plan w/master suite & additional bedroom on main level – perfect for office or guests. Large eat-in kitchen w/stainless steel appliances.  

5905 Paseo Del Toro, Austin TX 78731 - see website for more information

5905 Paseo Del Toro features:  2 floor-to-ceiling Limestone stone fireplaces, built-ins, hardwood floors on first floor, crown molding, modern master bath with glass tile backsplash, glass cabinets in kitchen, wood blinds, ceiling fans in all rooms. Updated: HV/AC (SEER <14), Water Heater, Roof, Lighting, Convection Oven range. 

5905 Paseo Del Toro Austin, TX 78731 link on You Tube

Location:  Highland Hills / Northwest Hills Area, commuters dream – easy access to downtown, lake, eateries, daycare, cleaners, hike & bike trails and dog parks.  No HOA!

Year Built:  1980

Bedrooms:  4 (master and additional bedroom on main)

Baths:  2.5

Square Footage:  2,127 sq. ft. (per appraiser)

Exterior:  Front Porch, 3-sides masonry, nice backyard deck

List Price:  $417,000

Categories Buying a home
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So you want to buy a house

by Doreen Zelma
January 31st, 2012

I was pricing a house for a new listing this week and was encouraged when I discovered there were no active properties for sale. When I pulled the Austin real estate MLS data, everything was pending and many were on the market for less than 10 days. I have mentioned before that inventory is low and in some areas and even condo communities — it is nonexistent. The laws of supply and demand are going to translate to higher sales prices in the near future – due to the low inventory. I cannot stress enough the importance of talking to lender before you look at anything in person. You can be in great financial shape with no debt and a good job and still not get a loan these days. Most people have no idea what their credit score is or what is on their credit report.

It’s a great idea to talk to a lender even if you aren’t planning on purchasing a home for a year or two. Sometimes, things appear on a credit report that should not be on there, like a college loan that was paid off years ago. Understand, the challenge often with a credit report is not in releasing the lien — it’s about waiting for that line item to not appear on your credit report anymore which will raise your credit score. It can take 3 to 6 months at minimum for the debt to no longer appear on a credit report, so I encourage everyone to know your number even if you aren’t buying a house anytime soon.

Austin Real Estate Market

The Austin Texas Real Estate Market is strong and will remain strong with mortgage rates in record lows. If you are thinking of selling, I encourage you to talk to me about your local inventory, because after all markets are local. 2009 may not have been your year to sell, but 2012 may very well be.

Categories Buying a home
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South Austin Open House

by Doreen Zelma
January 28th, 2012

  8108 Manassas Drive is located in South Austin’s 78745 zip code.  8108 Manassas Drive  is a single story, all brick home located in the Shiloh subdivision.  Originally built in 1977, the well maintained home features a 2-car garage, 3 bedrooms and 2 baths.  Updates include HV/AC ,  insulation as well as a dishwasher and microwave.   8108 Manassas Drive offers 1,576 feet of living space per the tax record.  The property has trees for shade.  The list price of 8108 Manassas Drive is $179,000.

Visit me on Sunday, January 29th from 1 – 4 pm.

Directions:  South of William Cannon on Manchaca Rd to Right (West) on Shiloh. Second Right onto Manassas Drive . 8108 Manassas Drive is the second house on the left.

Categories Buying a home
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Subdivisions by the Numbers

by Doreen Zelma
January 18th, 2012

How many Austin homes are for sale in a subdivision near you?  What are the median list prices?  Let’s explore some random Austin subdivisions look at the numbers.  Note these numbers are by specific subdivision name, not by area. There may be more homes available nearby.  When buyers are looking in a general area, like Tarrytown or Travis Heights, I typically set up a map search.  Older neighborhoods are made up of many micro-subdivisions as the land was and is developed.  The subdivision list below is random.  It will give you an overall idea of what to expect in terms of available inventory.  If there is a particular subdivision or neighborhood you would like me to highlight in the future, please ask.

Austin Market Data

Crestview
Number of homes for sale                       13        
Median List Price                                   $264,900          
Where in Austin?                                   Central

Rob Roy on theLake
Number of homes for sale                       6         
Median List Price                                   $2,924,500       
Where in Austin?                                   West

Tarrytown
Number of homes for sale                       7         
Median List Price                                   $789,000
Where in Austin?                                   Central

Legend Oaks
Number of homes for sale                       9
Median List Price                                   $259,900
Where in Austin?                                   Southwest

Shady Hollow
Number of homes for sale                       9
Median List Price                                   $304,990
Where in Austin?                                   Southwest

Senna Hills
Number of homes for sale                       4         
Median List Price                                   $532,188          
Where in Austin?                                   West

Great Hills
Number of homes for sale                       11
Median List Price                                   $525,000
Where in Austin?                                   Northwest

Highland Park
Number of homes for sale                       11
Median List Price                                   $589,000
Where in Austin?                                   Central

Jester Estates
Number of homes for sale                       7
Median List Price                                   $457,000
Where in Austin?                                   Northwest

Mueller
Number of homes for sale                       6
Median List Price                                   $746,716
Where in Austin?                                    East

Crossing at Onion Creek
Number of homes for sale                       11
Median List Price                                   $160,000
Where in Austin?                                    Southeast

 

 

Categories Buying a home, Selling a home
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        Doreen Zelma is licensed to do business in the state of Texas, license #0558200 and works for an Austin real estate company

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