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Sendera is one of the neighborhoods you will find among the cluster of multiple adjoining southwest Austin subdivisions better known collectively as Oak Hill.  This is a more recent addition to the immediate area, with construction on homes here having started in the mid 1990s and finishing around 2003.   

Its boundaries are Davis Lane to the north, Mopac to the west, Slaughter Lane to the south (although there are homes on both sides of Slaughter) and to the east it sits adjacent to the older Deer Park at Maple Run neighborhood.  Yet as you drive the area keeping track of boundary lines could be tricky business: you may find yourself abruptly outside of the official Sendera boundaries and inside the Deer Park section.  Due to the way in which this area developed, it is not uncommon to turn off of one street and suddenly find yourself in another subdivision.  Don’t let this concern you, since the neighborhoods flow together nicely and are fairly uniform in their look and feel.

Like other neighborhoods here, you can expect Sendera to make a pleasant first impression:  it is clean, quiet and nicely landscaped; yards are neatly trimmed and exteriors and public areas well-maintained.  Some streets dead-end to cul-de-sacs and most streets are set back from busy Mopac and Slaughter Lane, giving an interior, insulated feel.

Sendera is just minutes away from downtown Austin, due to its close proximity to northbound Mopac.  It’s also a short drive from the famed Ladybird Johnson Wildflower Center and the beginning of the Hill Country, and minutes from the Escarpment Village Shopping Center, opened in 2006.  That’s where HEB located a new supermarket to serve residents of all the local neighborhoods.  The center also includes several popular restaurants.

You’ll also now find some other options much closer, almost at your doorstep. As you immediately exit the subdivision toward Slaughter Lane, you will encounter a grouping of retail sites, including a Walgreen’s pharmacy, Wendy’s, Starbucks and other “fast casual” restaurants.  Slaughter Lane on this side of the neighborhood is noticeably busy, with a fairly heavy and constant flow of traffic.

Sendera is dominated by owner-occupied single family homes, although it includes the Camden Stoneleigh apartments on Sendera Mesa. The complex is fairly large with multiple buildings, but because it sits on several acres, has a gated perimeter and is positioned far from the street, it blends with its surroundings in a way as to be almost unnoticeable.

Otherwise, Sendera is a mix of one and two story dwellings, ranging in size from 1,500 square feet to 2,800.  Construction is what has come to be expected in more recently built Austin neighborhoods – brick or stone exteriors, two car garages, vaulted ceilings and modest front and back yard space, with privacy fencing separating the properties.

Sendera has its own outdoor pool facility at Sendera Mesa and Lanna Bluff, not far from the apartments.  It is a generously sized pool with up to six lanes for swimming.  The facility itself is immaculate, monitored by security cameras and surrounded by a handsomely landscaped lot with swings and a playscape for kids. In addition to the pool, a recreation committee oversees events like the annual fun run, a garage sale and a Memorial Day barbeque cook-off.  There is a playgroup for parents and small children that meets weekly at the pool.

Sendera, like the other neighborhoods in Oak Hill, is governed by an active homeowners association.  In addition to enforcing strict deed restrictions on building, property maintenance and noise, the association is also alert to crime and nuisances.  Recent discussion here concerns efforts to discourage solicitors from canvassing the neighborhood, as well as the revamping of a neighborhood watch program. 

The Sendera Homeowners Association is part of the larger Oak Hill Association of Neighborhoods, a politically active group of residents from surrounding subdivisions who have the ear of local developers, city council members and other local community leaders.  Like other Oak Hill neighborhoods, Sendera has been right in the middle of recent battles over growth, development and the environment.  In 2003 residents had a major role in helping defeat Wal Mart’s plans to build a massive Supercenter at Mopac and Slaughter, at the edge of the subdivision.  Sendera expects to remain involved in these kinds of issues, as the Austin City Council in 2005 mandated a long-range strategy for the future development of this and the rest of Oak Hill.

Neighbors have found natural allies in partnering with local environmental groups as they fight to protect the environmentally sensitive Edwards Aquifer, the massive underground porous rock formation that serves as the major groundwater supply for central Texas.  It begins here and stretches some 180 miles through several counties.  While environmentalists lobby to limit any industrial or retail development that might negatively impact the water quality, residents keep track of anything they feel might drastically increase traffic congestion and urban sprawl, ultimately driving down property values and upsetting the quality of life here.

Children here will attend Cowan Elementary School, which has been given a very good “Recognized” rating by the Texas Education Association.  Covington Middle School is rated “Academically Acceptable”, as is Bowie High School.

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“A number of new projects in the state of Texas are worthy of note. In Bee Cave, a new project promises Tuscany-style homes with lots of green space. The project, undertaken by Tennessee-based Southern Land Co. will be a $160 million residential development near SH 71 and RM 620. The project, Cielo, will feature a number of residential options, including town homes, condos, and one and two bedroom homes. In addition, buyers will also be able to choose from 400 luxury flats. The designers hope to offer buyers unprecedented levels of choice. The homes alone have more than 20 floor plans. The homes will start in the high $300,000 and building is expected to be completed in 2013. At that time, homeowners will be able to enjoy the more than 28 acres of preserved green space on the 78-acre development and will have easy access to the nearby Balcones Canyonlands Preserve as well.

In Austin, the Avalon Palms apartment complex has been purchased by Los-Angeles-based Palms of Avalon Apartments Texas LLC. The 352-unit apartment complex situated just off US 183 in North Central Austin was constructed in the early 1970s and boasts 13 acres at 9001 and 9003 Northgate Blvd. According to Travis County tax records, the complex has a value of $10 million. In the sale, the buyer was represented by Los-Angeles-based Greg Salyers. The seller was represented by Hendricks & Partners.

Another new project in Austin promises to make a school more effective for children. About $110 million is being offered in state funds to The Texas School for the Blind and Visually Impaired (TSBVI). The money is earmarked for renovations. The 150-year-old campus will be modernized so that it is more child-friendly, according to TSBVI staff. TSBVI is considered one of the top schools in the nation for the visually impaired. Now, the campus will be top-flight as well, with renovations scheduled for the next four to eight years. Landscaping and security will be updated and some buildings will be demolished to make room for new construction. A new student activity center, a vocational building, eight dormitories, a new physical education and therapy building, an indoor pool, track-and-field facilities, and independent apartments will be added to the campus. New student housing will be designed by Dallas firm Halff Associates, a company that has offices in Austin. Staff and students at TSBVI are excited about the proposed renovations, which promise to make learning far more enjoyable in the future.”

Lakeway, Texas, is a city that offers excellent location alongside exceptional living. This community in west Travis County is located right on a lake for lovely views and easy access to water recreation. Located near State Highway 620 and US290/TX71 freeway, Lakeway is only a 20 minute commute from the employment opportunities and shopping and dining options in Austin.
Lakeway is more than 5 500 acres of planned development community. The neighborhood has received acclaim for its excellent planning and for its natural beauty. Residents of Lakeway enjoy lovely homes as well as easy access to green spaces, lake views, limestone cliffs, and fields. Virtually every homeowner in Lakeway has unparalleled views.
Lakeway also receives a lot of attention because the community is designed to be rich in recreation opportunities. Builders have implemented considerable amounts of green space into the community design and the over 30 years of development in the area has resulted in mature landscaped lots as well as an abundance of recreation facilities. Lakeway boasts four 18-hole golf courses. Lakeway’s tennis facility, The World of Tennis, is routinely ranked as being one of the top in the country. Nearby Lake Travis and the Lakeway Marina offer many water recreation opportunities. The Lakeway Parks and Recreation Department oversees three parks, including the 64-acre Lakeway City Park. The community has just built a new 20-acre park and is home to two greenbelts as well. Green spaces in this community offer amenities such as pools, tennis courts, recreation areas, and other facilities.
Fitting in at Lakeway is as simple as staying fit here. Lakeway is home to multiple community socials, clubs, and associations, all of which host special events such as cookouts, tours, trips, and parades. Lakeway is designed so that it is easy to meet your neighbors while the ecologically friendly design makes it easy to enjoy the outdoors while maintaining an active lifestyle.
Today, when many parents choose to buy homes based largely on education opportunities of a participator district, Lakeway is a stellar choice. Lakeway is part of the esteemed Lake Travis Independent School District. This school district is renowned for its AP classes, solid college preparation, low student to faculty ratio and abundant extracurricular offerings. Over 40% of the faculty members in the Lake Travis Independent School District have graduate degrees, ensuring enhanced learning opportunities.

With a population of over 23 million, Texas is the second largest state in the nation. The housing market in Texas has remained strong in most cities and counties, with Houston (population 2,144,000) being the largest and most active in the real estate and housing market, followed by San Antonio and Dallas. Texas homes for sale are remaining at their fair market value, with little or no loss in sales compared to some areas of the country. This can be attributed the diverse economic make up of the state and the lower than average unemployment rate.

Land sale in Texas are at an all time high with no significant reduction foreseen in the near future. Commercial retail property rentals have remained steady in spite of the overall national economic downturn.

Southeast Texas, (which includes Houston) having the larger portion of population density, is by far the most active in the housing market. New home sales were at an all-time high in the beginning of 2007, however it has since experienced a downturn with a high inventory of new unsold homes.

The Texas existing home market has remained strong with more of a ‘buyers market’ driving sales and is expected to remain steady throughout 2008 and early 2009.

For example, the Beaumont and Orange Texas area (southeast Texas) will be creating 13,000 plus new construction jobs in the oil and petro-chemical industry over the next 4 years. This will create a severe housing and apartment shortage in this area. Housing is at a premium at this writing.

In conclusion: The overall outlook for Real Estate in Texas is good compared to other areas of the nation. With the diverse make up of various petro-chemical industries, Texas can maintain its share of steady housing market sales in the foreseeable future.

In the olden days, gates kept people away either from an individual or sole family. They were signs of prestige, affluence and privacy. No one dared pass the gates without permission from the owner and a justifiable reason for entering. Today, that belief is not true; today gates are used to keep communities together, to bring in residents and offer them a safe secure place to live. Take, for example, the Hills of Lakeway, a small, gated community in the Texas Hills Country that provides its residents with a beautiful and incredibly welcoming place to call home. HistoryThe history of the Hills of Lakeway is not as lengthy as some other areas’ pasts may be, but that is not because it is a place of little interest. It is simply because it is a place of modernity – one that has not yet had to withstand the tests of time. It is a community that sprung up as a result of growth in Austin and its surrounding areas. As more people came to the area, more homes were needed; developers knew that these individuals would want a place they could call home that was equally safe and inviting. The Hills of Lakeway are exactly that. EconomyIf you want to know how the economy is at the Hills, look to the economy of Austin, and then breathe a sigh of relief. Austin is one of the cities defying the odds. Although in a country struggling to get through a difficult recession, it is booming. The science and technology industries continue to growing, attracting new interest and funding regularly. The University of Texas provides a great place for academics, and many major corporations are making Austin their home. The city shows no sign of decline, giving assurance and future to the residents of it and its surrounding areas. Real EstateThe homes at the Hills of Lakeway are beautifully designed and built structures. They combine security with luxury, making the area perfect for any family trying to find a comfortable place to live. The houses are priced appropriately for their quality and location. And anyone who has purchased one knows that the community and living experience you get within the Hills’ gates is one that no number can match – any price is a deal at the Hills of Lakeway. AttractionsFor the athletic residents, the Hills of Lakeway offers numerous opportunities to be and remain active. Golf courses call to the links lovers, tennis courts to the tennis players and fitness and swimming amenities to everyone in between. Shopping and fine dining appeal to all residents, and picturesque views cap the wonder of this community. The gates at the Hills of Lakeway are not there to warn newcomers away but to envelop them in a neighborhood that is more than a row of homes; it is a community. If you’re looking for that kind of home, the Hills of Lakeway may be exactly what you were looking for.

Cat Mountain, Texas is a gorgeous community along 2222, above the skyline of Austin. With stunning views and a high standard of living, Cat Mountain offers something for even the most discriminating home buyer. While keeping residents away from the hustle and congestion of an urban center, Cat Mountain offers all the amenities of a global urban center such as Austin.
If real estate is all about location, location, and location, Cat Mountain real estate is situated in a premiere area. Conveniently a few minutes drive from the 360 bridge, downtown Austin, the Arboretum, and Westlake, Cat Mountain offers the best recreation opportunities as well as easy access to Austin’s world-class dining and shopping. Of course, the proximity to Austin means that excellent employers are only a very short commute away. Houses in the community also offer stunning sunset views and gorgeous views of the nearby 360 bridge, Jester Estates, the Austin Country Club Golf Course, Lake Austin, Shepherd Mountain, and Mount Bonnell.
In terms of real estate, Cat Mountain also offers lovely homes built between the 1970s and the 1990s. Some new construction houses are also available in the region. Homebuyers in Cat Mountain can choose from new properties or mature homes. Many wonderful houses in the neighborhood start at $350 000. However, some distressed homes in Cat Mountain can be purchased for under $300 000.
If you are shopping for Cat Mountain properties, you will be pleasantly surprised to find how lovely houses in Cat Mountain are. Many properties boast landscaped lots, terraces, and decks, which are ideal for enjoying the breathtaking views that Cat Mountain offers. Much of Cat Mountain development has been high end, so you can expect the best of everything in your new property. Home sizes here range from 1700 to 6000 sqft., so that you can find the right home to suit your needs. Whether you want a huge home you can enjoy your golden years in or a warm property where you can raise a family, Cat Mountain real estate offers you the choices you deserve.

“Dripping Springs, Texas was established in 1853 by three local families. In the time since then, it has gone on to become one of the fastest-growing communities in Texas Hill Country, and is now popularly referred to as the “”Gateway to the Texas Hill Country”". It’s no wonder that more and more buyers are looking for Dripping Springs homes. This region of Texas simply offers unparalleled value, natural beauty, that old-fashioned family community, and a real history. Plus, Dripping Springs Real Estate hasn’t risen to the ridiculous home prices that’s a fact of life in so much of Texas Hill country. It is still possible to buy a reasonably affordable family home here, and enjoy all the wonder and beauty that this area of the state offers.

Dripping Springs homes also offer superlative value because they are located ideally close to some of the major attractions of the area. The city is only 15 miles outside of Austin. A quick trip on US Highway 290 West gets you to Austin, one of the cultural, artistic, and educational centers of the region. If you want to commute to Austin but don’t want to pay for the high property prices in the city, Dripping Springs real estate is an ideal choice because it allows you to have a haven outside the big city.

Dripping Springs homes are also attractive for many city slickers because the town has remained largely rural. There are number of ranches available and many people here raise exotic animals such as antelope, llamas, buffalo, as well as more traditional farm animals such as cattle, sheep, and goats. The small-town atmosphere and the wholesome country living make Dripping Springs real estate a true refuge for many people looking to escape the congestion, crime, and discomfort of city life.

At the same time, Dripping Springs homes aren’t remote, the way that many rural centers tend to be. Homeowners in the area have easy access to the services and retail centers they need, while families like the fact that the acclaimed Dripping Springs School District has its schools in the area.

Since the city was incorporated in 1981, over 100,000 ft.² of commercial and retail space has been built in the area. Recent plans to include large big box stores will mean that this city’s population of over 1600 will have even easier access to necessary services and products. Plus, all the recent development has meant that Dripping Springs real estate, more than ever, is a wise and valuable investment for the future. As more development occurs in the area, home prices will go up, making this an ideal time to buy.

Dripping Springs homes range widely, from newer built homes, to mature properties. Whether you want a ranch, single-family home, a rental property, or lots to build your own personalized custom home, Dripping Springs can deliver. You can even buy properties in one of the new master planned communities. These communities — which include Pulte’s Highpointe, The Preserve, and Beltera — offer stunning new homes, all the latest amenities, and a real community feel.”

Where you live shouldn’t just be panoramic. It shouldn’t just be luxurious. It should be safe – you shouldn’t have to worry about your children at night; you should be confident that they are secure in their home, with no dangers nearby. And it should be environmentally clean – you shouldn’t have to worry about the purity of the land and water around your property. Fortunately the developers of Vineyard Bay knew this and built a safe, gated community on the cleanest lake in the state, Lake Travis. HistoryWhen Lake Travis was formed, it set the stage for communities – communities nestled in the heart of Texas Hill Country but only moments from the bustling city of Austin. There, residents could find peace and quiet at night, away from work, yet experience the fun and activity of a true metropolis when they so wished. Throughout the years, communities such as Vineyard Bay were built, and much to the satisfaction of the developers, people flocked to them, filling them with their things, their families and their lives. EconomySo close to Austin, the community’s economy is fed primarily by its state capitol. Austin’s thriving science and technology industries offer numerous opportunities for employment; the major corporations readily making Austin their home offer more; and the academic institutions, such as the University of Texas, Austin, give the scholars a place to work and learn. As the city continues to grow, the opportunities do, too. And so the economy of nearby neighborhoods, like Vineyard Bay, thrive. Real EstateThere are 90 properties tucked inside the gates of Vineyard Bay. Those gates are manned so that no unwelcome visitor can enter. The homes themselves are more aptly described as Chateaus rather than houses. They are large, beautifully designed structures. Prices range depending on the added amenities, final size and location. But if you are looking for a home as safe, beautiful and comfortable as those in Vineyard Bay, there is no amount too high. AttractionsWithin the gates, there is a swimming pool and access to the lake. Residents can tan on the sundecks, take off from the boat launch or dock on the waterfront. The land lovers can visit the aerobics center, the tennis courts, a jungle gym or the scenic nature trails traversing the neighborhood. Those who wish to journey outside of Vineyard Bay won’t have to go far. Golf courses and upscale shopping are only a few moments drive away. And the further into Hill Country you travel, the more panoramic and nature-filled the scene becomes. If you would rather an urban experience, you can drive into Austin where there is no end of possible activities. The only problem you may have is deciding what to do, when. Vineyard Bay is a beautiful community ready to be your home and your family’s. Living here will give you peace of mind and luxury – two things that when combined are truly irreplaceable. Find them today in Vineyard Bay. You’ll be glad you did.

Real estate has become one of the hottest investment vehicles around. Always popular, real estate has grown in investors’ opinions since the dot-com bubble burst and the securities markets started showing their weaknesses to new generations of investors. Real estate is a tangible asset that can be seen, touched, and rented out. A well structured real estate deal on a rental property can actually pay for itself over time.

Texas like many other parts of the country is experiencing a boom in real estate demand. Whether you are looking for single-family homes, condominiums, apartment complexes, or commercial development, real estate is hot. There may come a day when the real estate market suffers a correction from runaway speculation, but even then investors will retain value in their real estate assets rather than being left holding worthless pieces of paper.

Investment dollars from California New Jersey and other highly appreciated real estate regions are flocking to Texas cities that have large college populations. Cities such as College Station, Denton, Austin and Galveston have a high ratio of college related tenants offering a solid return on investment.

Enacting real estate deals within a traditionally structured and custodied IRA can be quite difficult and can cost you excessive amounts in fees. If you want to invest your IRA in real estate, you should open a self-directed IRA LLC. An IRA LLC gives you checkbook control over your IRA so you can quickly move on properties and pay associated expenses directly from your IRA without triggering fees from your IRA custodian.

Opening a Real Estate IRA
Trying to find a custodian for your self-directed IRA on your own can be exceedingly difficult and time-consuming. Larger financial institutions usually will not do it. Self-directed IRA advisors that specialize in self-directed IRAs are the way to go. These companies usually already have all the required documentation and may have relationships with companies that will custody self-directed IRAs. Look out for fees, though. Self-directed IRA advisory firms have negotiated favorable fees to the absolute minimum and can save you enormous amounts of money over the long term.

“Two Austin office buildings have been purchased by a California company. Triple Net Properties LLC bought both the 433,024-square-foot property on 816 Congress in the downtown area, and Avallon, a 318,217-square-foot set of office buildings in the northwest district of Austin. Both properties were purchased from Crescent Real Estate Equities Co for $82.5 million. Crescent itself was bought by Morgan Stanley Real Estate for $6.5 billion.

The office building at 816 Congress is a very distinct and prized office building in downtown Austin. Renovated in 1995 and originally constructed in 1983, this 20 story Class A office tower is very close to the historic Texas Capitol. Offices on top floors have excellent views of the Capitol, and everyone in the building enjoys the elegant lobby, with itslimestone flooring and walls, polished marble, stylized stainless steel planters, attractive lighting, comfortable seating areas, and much more. An outdoor area adds an elegant touch to those walking up to the building. Because of its closeness to the Capitol and because of its attractive interior, this office building has often attracted professional service businesses, lobbyists, as well as law firms. At the time of the sale, 76% of the property was leased to 44 tenants.

The Avallon began construction in 1986 and was completed in 2001. This Class A office building actually consists of 5 3-story buildings which encompass 16 acres and total almost 316000 ft.² in Austin. The five buildings that make up The Avallon are set on a hill, among oaks and fountains. This provides a very green environment and offers wonderful views to tenants. The elegant lobby of the buildings features granite flooring, inset lighting, decorative planters, suspended glass panels, marble flooring, and many other amenities. Tenants of the buildings have access to property management, on-site security, a top-flight workout facility, and many more amenities.

The Avallon is conveniently located right near Austin’s high-tech district. Situated on Jollyville Road near U.S. Highway 183, Loop 360 and Mopac Expressway, the buildings are also close to the Arboretum District. Tenants enjoy nearby restaurants, shopping, financial institutions, and many more attractions within easy walking distance. The buildings also offer almost 1100 parking spaces in its parking garages. About 97% of the buildings were occupied at the time that The Avallon was purchased. Many tenants are entrepreneurs or businesses in the education, technology, and engineering sectors.

In Austin, it’s not just purchasing that’s being done. Building is also a major component of downtown development. Just recently, construction was begun on the third phase at Southpark Commerce Center. Endeavor Real Estate Group started work on building two, which is expected to boast 192,000-square-feet of space. The building is situated southeast of I-35 and Ben White Boulevard, right on Freidrich Lane. With Round Rock-based Chasco Constructors as the general contractor, and Endeavor as the landlord, the project is proceeding apace. The first tenant to sign on with the new project is Hill Country Electric. The company has already agreed to lease approximately 48,000 square feet from Endeavor. The new building is set to open in January.”