This is a cool Travis Young (Studio Momentum) design with good indoor/outdoor connection and a really nice custom pool in the courtyard area. This is priced high for agave, but the owners have put A LOT of $ into the landscaping and pool . . . for the right buyer, this is a great house.
ah, another agave thread begins…. lovely house, great updates, but a tiny audience is going to want to spend 370k to live in agave. real shame it hasn’t worked, but sales prices do confirm that from an investment perspective, agave purchases have seen poor returns. shame.
I’ve driven out to Agave to get a feeling for the neighborhood and distance from downtown. Overall, the homes are beautiful and well maintained. Unfortunately though, it’s surrounded by several poorly maintained low-income developments. For me that was a deal breaker.
For me, not everything in life is a financial investment – agave is a GREAT place to live in Austin and fits those of us who don’t have a ton of money, yet appreciate excellent architecture, wonderful city views, a great community of like-minded people, and a quick and easy commute to the city that avoids the “almost” unavoidable horrific Austin traffic.
With regard to financial investment, obviously there are a few already well established areas of Austin that have continued to appreciate through these poor economic times, but the fact of the matter is that the entire Eastside has been hit badly and prices have indeed slumped due to this. That said, the Eastside will come around, there’s simply nowhere else to grow significantly in the city limits and the city council has targeted our area for future strategic growth initiatives. Given this fact, agave is poised beautifully for future financial return — 3 miles inside SH130, 1 mile outside 183 and only 6 miles to center city. Happily, construction has picked up out here — there are 3 new (already sold) houses under construction and 2 more that were recently completed and have since closed. As it stands now, it may push another 10 years for the fruit to mature, but I for one am optimistic about this as an excellent investment for the mid term!
And most importantly, regardless of investment potential, I love our house, I love our neighbors, I love our views of the sunsets above the city skyline, and I love the always traffic-free (minus ROT Rally weekend) 12 minute commute to work. It’s hard to beat for under $200 a sf.
This is a cool Travis Young (Studio Momentum) design with good indoor/outdoor connection and a really nice custom pool in the courtyard area. This is priced high for agave, but the owners have put A LOT of $ into the landscaping and pool . . . for the right buyer, this is a great house.
ah, another agave thread begins…. lovely house, great updates, but a tiny audience is going to want to spend 370k to live in agave. real shame it hasn’t worked, but sales prices do confirm that from an investment perspective, agave purchases have seen poor returns. shame.
I’ve driven out to Agave to get a feeling for the neighborhood and distance from downtown. Overall, the homes are beautiful and well maintained. Unfortunately though, it’s surrounded by several poorly maintained low-income developments. For me that was a deal breaker.
Here is another perspective from a reader:
For me, not everything in life is a financial investment – agave is a GREAT place to live in Austin and fits those of us who don’t have a ton of money, yet appreciate excellent architecture, wonderful city views, a great community of like-minded people, and a quick and easy commute to the city that avoids the “almost” unavoidable horrific Austin traffic.
With regard to financial investment, obviously there are a few already well established areas of Austin that have continued to appreciate through these poor economic times, but the fact of the matter is that the entire Eastside has been hit badly and prices have indeed slumped due to this. That said, the Eastside will come around, there’s simply nowhere else to grow significantly in the city limits and the city council has targeted our area for future strategic growth initiatives. Given this fact, agave is poised beautifully for future financial return — 3 miles inside SH130, 1 mile outside 183 and only 6 miles to center city. Happily, construction has picked up out here — there are 3 new (already sold) houses under construction and 2 more that were recently completed and have since closed. As it stands now, it may push another 10 years for the fruit to mature, but I for one am optimistic about this as an excellent investment for the mid term!
And most importantly, regardless of investment potential, I love our house, I love our neighbors, I love our views of the sunsets above the city skyline, and I love the always traffic-free (minus ROT Rally weekend) 12 minute commute to work. It’s hard to beat for under $200 a sf.