What does it cost to buy a home in Hancock right now?
In an ongoing series with Curbed Austin, real-estate analytics site NeighborhoodX takes a close look at the range of sales asking prices in the area, ranked by cost per square foot, to find out.
The Hancock neighborhood, an interesting and storied area in the central city, containing within it a minidistrict called Beau Site that, according to Hancock's website, "has a complex history that is marked by land speculation, loan defaults, re-capitalization and shrewd development planning."
It was envisioned as an elegant, private enclave, with very large lots made somewhat inaccessible to foot traffic from the surrounding neighborhood.
While some of the mansion-esque homes from that tiny area remain, the larger Hancock neighborhood surrounding it contains a wider range of homes, as well as the Hancock Recreation Center and adjacent community golf course and a well-trafficked shopping center with a very large grocery store.
The neighborhood is bounded by Duval Street on the west, I-35 on the east, East 45th Street on the north, and East 32nd Street on the south.
The average listing price in the neighborhood is $352 per square foot, but the individual properties that make up this average range from $220 per square foot (3502 Red River Street, a 1983 townhouse asking $699,000) to $393/square foot (3206 Beanna Street Unit B, a new condo/townhouse that backs to Waller Creek).