What does it cost to buy a home in Travis Heights right now?
In an ongoing series with Curbed Austin, real-estate analytics site NeighborhoodX took a close look at the range of sales asking prices per square foot in the area to find out.
Travis Heights is a long-established South Austin neighborhood that over the years has gone from a collection of mostly smallish houses with ridiculously low rent and sales prices to a tonier—but still quirky—mix.
Some are the same houses with upscale renovations (at much higher prices), while others are newer, larger single-family infill. Its gorgeous canopy of oaks and other mature foliage, its still-friendly vibe, and its prime location just across the river from downtown make it perennially attractive.
Travis Heights is bordered on the north by Lady Bird Lake and on the south by East Oltorf Street, with South Congress Avenue and I-35 making up its western and eastern borders, respectively.
The current average asking price in the neighborhood is $355 per square foot, and the individual properties that make up this average range widely, from $220 square foot (2303 East Side Drive #117, a fairly large, two-bedroom condo asking $245,900) to $981/square foot (813 Rutherford Place, a stunning new contemporary on the market for $2.75 million).
However, according to NeighborhoodX co-founder Constantine Valhouli, “if we consider, the next highest price in the neighborhood is $541 per square foot," said Valhouli, which would make the price range narrower at $220 to $541 per square foot.
To put these prices in context, the average price in the neighborhood is between those of Central East Austin ($345 per square foot) and East Cesar Chavez ($407 per square foot).