Georgetown, TX Real Estate News

By Brian Rugg, Sun City TX Real Estate - Georgetown, TX Real Est
(Rugg Realty LLC Sun City Texas 512-818-6700)
Sun City Texas Real Estate Report  Nov 2023by Rugg Realty TEXT Version  Sun City Texas Real Estate Report© & Home Sales SummaryNovember 2023 Results See online at www.SunCity https://www.ruggrealty.com/sun-city-tx-real-estate-market-reports/   November-23 November-22   Summary Sale Price Sale Price Change from prior year Low $270,000 $305,000 -11.5% High $735,000 $729,500 0.8% Average $411,680 $471,485 -12.7% Median $376,750 $464,000 -18.8% Units Sold 30 27 11.1% Days on Market 53 34 55.9%           Nov YTD 23 Nov YTD 22   Summary Sale Price Sale Price Change from prior year Low $267,500 $250,000 7.0% High $985,000 $869,990 13.2% Average $437,229 $478,856 -8.7% Median $400,000 $450,750 -11.3% Units Sold 389 442 -12.0% Days on Market 59 15 293.3% Data gathered from ACTRIS MLS December 2,...
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By Kimberly Olson
(The Luedecke Group )
The Williamson County Association of Realtors recently compiled the last 8 years of residential sales statistics for Georgetown. Despite a small blip in 2002, Georgetown home sales have been climbing steadily. In 2005 there was a substantial jump in home sales, which, unfortunately, I don't think will continue at the rate it has been. Although I predict home sales to slow in 2008, I do think that the residential market will remain strong.Thanks to good national press (see blog posting below) and all the great things Georgetown has to offer (including its proximity to Austin), I believe Georgetown will continue to see steady growth in home prices. Just be ready for your home to stay on the market a little longer than it would have 9 months ago.Overall, I'm confident that Georgetown will ...
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Once again, Georgetown has made the headlines!This time we're #2 on Money.CNN.com's list of "100 Best Places to Live and Launch". What does that mean? It means we're a great place, not only to live, but to start a business.It touts a business-friendly tax structure, entrepreneurial camaraderie, low utility prices, and scenic spaces as reasons that Georgetown tops the list.For its cons, it advertises higher housing costs. Here's my take on it:Although there are areas in Georgetown that have high-priced homes, there are still plenty of available and affordable homes (under $150k). According to the Williamson County Assoc. of Realtors, in 2007, The average home price in Georgetown East was $136,200 and $218,000 in Georgetown West. With those statistics, and knowing the local housing market...
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By Tricia Jumonville, Texas REALTOR , Agent With Horse Sense
(Bradfield Properties)
  We may sometimes seem like a sleepy little Texas town to some, but there's a lot going on underneath the surface!  Fortune has named Georgetown #2 in its list of Best Places to Live and Launch because they've discovered what's going on here.       Georgetown is a great place to live because of the beauty, the variety of homes available from Old Town to Sun City to new subdivisions to country estates just out of town, our historical district, our trail system for hiking and biking, golf courses, Lake Georgetown, the San Gabriel River, Southwestern University, and much, much more.  But it's also a great place for business and for entrepreneurs.    If you're in Central Texas and looking for a place to live and start a business, don't just stick to Austin.  Drive north just a little bit (...
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By Edward W. Lui, Georgetown Texas Real Estate
(Mars Hill Realty Group)
Austin Metro area among the top 10 for numerical and percentage growth nationwide I love reading news like this. The US Census Bureau produced findings that ranked the Austin-Round Rock Metro area as #8 in the nation for most population growth. Naturally that growth spills over into my beloved city of Georgetown, Texas! What makes this more significant is that as a percentage of current population, this area is actually #5 in the nation with an average growth of 4.3%! The growth is pretty evident to all who live here as new roads, new developments and new shops and stores pop up constantly. It's definitely optimistic for the housing industry as this influx of people transplant and look for a new place to lay their head. If you're one of these "new Texans," I'd be happy to put my lifetim...
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By Edward W. Lui, Georgetown Texas Real Estate
(Mars Hill Realty Group)
Starting a Business in Georgetown Texas It's hard to start a business. Yes, I can say I'm speaking from experience. When I was in the Army and stationed at Ft. Hood, I chose to commute from Georgetown to take a break from the military environment of Ft. Hood. It was a worthwhile 45 minute commute! After I got out of the Army in 2004, I jumped into real estate with both feet and didn't make my first sale for several months! I also found out we were having a baby. I also found out that my house payment went up $400 because it was incorrectly assessed in the first year. I also found out that Autumn likes to shop for designer purses...if you really know Autumn, that's a joke ok? Well, it's nice to know that if you are unemployed and wanting to start a business, you're doing it in a city tha...
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By Jason Crouch, Broker - Austin Texas Real Estate (512-796-7653)
(Austin Texas Homes, LLC)
 Today, FORTUNE Magazine released its list of the Top 100 places to live and launch a new business.  Coming in at # 2 on the list in a town about 15 minutes from my home, and the location of my alma mater, Southwestern University.  Georgetown, Texas, with a current population of about 38,000 and located about 30 minutes north of downtown Austin, ranked so well on this particular list for several reasons:Business friendly tax structureEntrepreneurial camaraderieScenic suburb of AustinRelatively low water and electricity ratesProperty taxes are among the lowest in the regionHaving lived in Georgetown for a few years (although it was awhile back), I am familiar with the charms that this town offers, including a terrific town square that looks like it came straight out of "Back to the Futur...
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By Edward W. Lui, Georgetown Texas Real Estate
(Mars Hill Realty Group)
Mexico is closer than you think. Contrary to popular belief, not all missions trips involve traveling to Africa... One nice thing about living in Georgetown, Texas is that you can drive just 4 hours away and be in a different culture, outside of your comfort zone, and interact with people who you normally wouldn't even say "Hi" to. Recently, my church in Georgetown, Texas (Hill Country Bible Church) planned a trip to Piedras Negras, Mexico to lend a hand to an orphanage there called Casa Bethesda. What is Casa Bethesda? In the Bible - John 5, there is mention of a Pool of Bethesda which means "house of mercy." It was here where many people with sicknesses would come in hopes of being healed. Jesus healed a man who was lame for 38 years at this very location! For the past several years, ...
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By Alan Kirkpatrick, Alan in Austin
(Austin Texas Homes)
  One of the fastet growing towns in America over the past two years. Just minutes from Austin Texas it borders Round Rock. It may be one of the best kept secrets of Texas.  So much to see and do. The downtown area has been re-vitalized and boasts new restraunts, gift and antique shops along with a great old bookstore.  Home of Southwesten University it is classic Americana!              Georgetown Texas County Court House.
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By Edward W. Lui, Georgetown Texas Real Estate
(Mars Hill Realty Group)
Georgetown Village - My neighborhood...and maybe yours? I have been wanting to write about my neighborhood, Georgetown Village, for quite some time. I live here. I buy and sell homes here. I invest in rental homes here. One day in the future, I will even shop here, once the developer starts working on the much anticipated multi-use development that many residents are waiting for. To get you a bit more familiar with my neighborhood, here are three good reasons to look at Georgetown Village if you are making a move to Georgetown, Texas: 1. This is the ONLY neighborhood in Georgetown, Texas with an on-site Elementary School. Yup, that's right. And not only that, Village Elementary has been given the highest rating (Exemplary), making it one of the best schools in Georgetown, Texas. Now if ...
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By Edward W. Lui, Georgetown Texas Real Estate
(Mars Hill Realty Group)
I love bragging about the cool things my church does.  If you live in Georgetown, Texas and are looking for a church, be sure to look us up! My church, Hill Country Bible Church, is having a fun event that is FREE and open to the community for kids 10 yrs. old and younger. Join us for a fun Egg Hunt, Moonwalk, Food and Game Booths, Prizes and Live Music. Date: Saturday, March 22, 2008Time: 10:00 AM - 12:30 PMLocation:  MAP The following Sunday we have a neat message: 
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If you already live in Williamson County, then you know that there are many new roads in the county, and many more are on the way. But if you don't live here yet, or haven't lived here very long, finding your way around may be more challenging than it was just a few years ago.With many people now counting on GPS or maps from sites like Mapquest or Google, I just want to throw out a little word of caution. Don't rely on them too much! Because of the rapid growth in this area, not all of these programs are up-to-date. Although they do show all of the older roads and highways, they don't show all of the newer roads that criss-cross the area (DB Wood for example hasn't been updated on either of the aforementioned mapping sites). To help you get around I recommend printing off a map from the...
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By Kimberly Olson
(The Luedecke Group )
According to the City of Georgetown (Jan '08), The Summit at Rivery Park is in the zoning stage. Ground breaking and construction may begin as early as this summer.The Summit development plans contain an eight- to ten-story hotel (320-420 rooms), conference center (accommodating 1500-2500 people), a six-story office tower, 2 upscale restaurants, four office condominiums, and parking garages. The development is designed to keep the buildings' footprints as small and unobtrusive as possible. Building up, instead of out, will help to minimize the impact on the beautiful area along the North Fork and will keep urban "sprawl" at a minimum as well. Current zoning limits only allow a 45-foot vertical height, but an application to address this situation should be coming from the developers soon...
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By Kimberly Olson
(The Luedecke Group )
I received a comment over the weekend from JK referring to Citigroup's new Georgetown data center.Here's the scoop:Citigroup bought a 55-acre site on SE Inner Loop in Georgetown in back in January of 2007. It has already completed construction on the new building and is up and running. The financial services expected to hire about 50 people (for current positions available go to: https://www.citigroupcib.com/careers) with an average salary of approximately $70k/year.As for how it could affect home sales, it depends on a few things, such as:--Will employees move here from out-of-town/state?-If so, we could see an increase in area home sales. --Do local employees already own their home?-These folks may sell their current homes to move closer to work or possibly buy a larger home if their ...
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By Edward W. Lui, Georgetown Texas Real Estate
(Mars Hill Realty Group)
Georgetown, Texas - Home of Cimarron Hills - Amenities When you buy a home, you also buy into the community that surrounds that home. So if you're thinking of buying a home in Cimarron Hills of Georgetown, TX, it's only natural to ask, "What kind of amenities are nearby?" Here's the short answer: There are a LOT more amenities near Cimarron Hills than, say, two years ago. The area of Georgetown just south of Cimarron Hills has seen an "explosion" in growth (relatively speaking) in recent months. Five minutes down the road from the secluded Cimarron Hills community, you'll now find a modern movie theater, an outlet mall, an IKEA store, new health care facilities, and some restaurants that are planned for construction soon. Best of all, this growth takes nothing away from the beauty and s...
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By Edward W. Lui, Georgetown Texas Real Estate
(Mars Hill Realty Group)
FREAK - Frequent Real Estate Asked Kuestions "Back in the day" when we were just starting the accumulation of toys for our children we used to go after some real bargains on Craigslist. Sometimes we would get a toy for such a great deal that when the kids got tired of playing with it, we would sell it on Craigslist again...for a profit! Well, unfortunately, selling a home in Georgetown, Texas is not the same as selling a toy. I just received this letter today from a lady in my neighborhood: ___________________ Hi Edward. I believe we may have met once or twice in the village and it seems you do quite a bit of work out here. I own a home in Georgetown Village and have just accepted an offer for a job with my company out of state. Because I'm only planning to be gone for about 2 years I a...
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By Edward W. Lui, Georgetown Texas Real Estate
(Mars Hill Realty Group)
Berry Creek in Georgetown Texas  As you drive back from a long day at work, a neatly lined row of mature Bradford Pear trees and elegant custom homes greets you at the entrance. Surrounding it is a private golf course that has been recognized as one of the top courses in the Southwest. In fact, the Dallas Morning News called Hole #8 one of the top signature holes in the State of Texas! It's no wonder that residents here are training their children and grandchildren on these courses. PGA material is in the making right here in Berry Creek, Georgetown Texas!  This is an established neighborhood in Northwest Georgetown with many beautiful trees, fountains and ponds dotting the landscape. The proximity of HWY 195 makes this the perfect location for a short commute to Ft. Hood/Killeen, and w...
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By Edward W. Lui, Georgetown Texas Real Estate
(Mars Hill Realty Group)
 Georgetown, Texas - Home of Cimarron Hills - Overview of Lots  What kinds of lots are available in Cimarron Hills of Georgetown, Texas? All kinds of lots! Cimarron Hills chose their location wisely. The community is situated among the oak trees and mountain laurels on a beautiful stretch of Texas Hill Country. The San Gabriel River also winds its way through Cimarron Hills, and did we mention the Jack Nicklaus signature golf course? What does all this mean? It means that when you choose to buy a home in Georgetown’s Cimarron Hills community, you can choose a lot with a golf course view, a river view, a forest view … you get the picture. But hurry! With everything they have going for them, the lots at Cimarron Hills won’t last long. If you’d like to tour this wonderful community, please...
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By Edward W. Lui, Georgetown Texas Real Estate
(Mars Hill Realty Group)
 Georgetown, Texas - Home of Cimarron Hills - Overview of Builders This blog post is the first in a series on Cimarron Hills of Georgetown, Texas. Cimarron Hills is one of the most popular custom home communities in Georgetown, Texas. Sure, some of this popularity has to do with the billboards and other advertising that Cimarron Hills does. But the beauty of the homes and community of Cimarron Hills are the real reasons for its popularity. So on to today’s question: Who builds in Cimarron Hills of Georgetown, TX? Cimarron Hills has selected some of the finest custom home builders in the Georgetown area. The reasons for this are somewhat obvious — a community is only as nice as the homes that make it up. So Cimarron Hills has chosen wisely. Here is a complete list of builders within this...
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By Edward W. Lui, Georgetown Texas Real Estate
(Mars Hill Realty Group)
Georgetown, Texas is growing! I just read an article that adds more fuel to the fire for Georgetown’s explosive population growth over the next few years. According to city planners, the population of Georgetown, Texas in November of 2007 was 46,812, and by 2015 is projected to exceed 83,000!Bourn Partners has purchased 185 acres in the southernmost part of Georgetown, Texas with the intent on developing it for multifamily housing, assisted living facilities, medical office, and other retail. This area is already a hotbed for recent retail, medical and educational developments. In recent years, we’ve seen the opening of the Round Rock Premium Outlets, Scott and White Hospital, Seton Medical Center and the Round Rock Higher Education Center. In the near future, this area will also be ho...
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By Edward W. Lui, Georgetown Texas Real Estate
(Mars Hill Realty Group)
Amenities at Sun City Texas In the last few blog posts, we looked at some of the things Sun City in Georgetown, Texas has to offer. In this post, we will round out the list of amenities to be found at the beautiful Sun City Texas community. In 2005, Where to Retire Magazine named Sun City one of “America’s Top 100 Master-Planned Communities.” The wonderful amenities deserve part of the credit for this accolade. Here’s a “little” of what Sun City Texas has to offer: Three 18-hole championship golf coursesAn art studio, a woodworking shop and other craft areasA computer lab and libraryParks with community garden plotsA clubhouse complete with a spacious ballroomTwo dining options within the communityA 16,000 sq. ft. Rec Center with pool, fitness center, spa and moreTennis courts, jogging ...
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