How much does it cost to buy in Zilker these days?
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.
The Zilker neighborhood starts on the south shore of the river and runs south between the Union Pacific railroad tracks/South Lamar Boulevard to its east and Robert E. Lee Road/Rabb Road to its west and is bordered by Barton Springs Skyway to its south.
Zilker contains many of Austin’s attractions, including Butler Park, Umlauf Sculpture Garden, and many of the cities happening (and iconic) restaurants and entertainment venues.
Zilker homes vary from small bungalows built during leaner times and larger, newer builds that came with prosperity, along with a healthy does of condominiums. As is the rest of south central Austin, it’s home to a mix of newer residents who seek its natural beauty and strong local identity and longtime ones who hope to preserve those things.
The current average price in the neighborhood is $429 per square foot, but the properties that make up that average range from $265 per square foot to $637 per square foot.
The analysis focuses on market-rate properties and excludes foreclosures and short sales, as well as properties primarily positioned as development sites (where the value is in the buildable potential of the land rather than in the existing built square footage), as well as certain listings with incomplete or contradictory data.