Austin Property Management & Brokerage Services for the Investor, Landlord, Resident, and Homeowner
Whether you are a current client or one who is considering Property Connections for Austin property management and brokerage services, we offer comprehensive resources to help you reach your goals. Here we’ve gathered a few basic facts about the Austin area relevant to real estate. Please reach out to us for additional information and analysis that may be helpful.
Austin is located in the Hill Country region of Central Texas, surrounded by lakes and rivers, including the Colorado River. The city is the state capital and the 11th most populated city in the country.
The economy in Austin is as diverse as the city’s residents, earning several well-deserved nicknames including Keep Austin Weird, Live Music Capital of the World, and Silicon Hills. Austin is home to numerous high tech companies including Apple, Amazon, and PayPal. Major industries keeping the Austin economy booming include the technology, biotechnology, and pharmaceutical sectors.
Austin is ranked among the fastest-growing cities in America and has been #1 in population growth for eight years in a row, according to CBS Austin. In fact, about 100 people move to Austin each and every day. In less than 10 years, the population of the Metro Austin area has grown by about 20%.
Austin’s housing demand was unbelievable last year and is looking attractive once again this year. Growing high-tech employment from companies like Apple and Oracle are causing home sales and prices in the Austin real estate market to jump while inventory of available homes for sale in Austin has dropped to levels never seen before due to the steady influx of job creation.
It may come as no surprise that Austin also had the hottest job market in the U.S. last year, according to Inc.com. The publication notes that Apple’s new $1 billion corporate campus designed to hold 15,000 employees is helping to create an influx of technology jobs. Wage growth in Austin was 5% last year, making the market extra appealing for job hunting and relocation. With more business relocations in the pipeline, the real estate market in Austin is predicted to keep outperforming.
In a red-hot real estate market like Austin, it’s no surprise that more people rent than own. According to WalletHub, Austin ranks among the top 45 best cities for renters based on 24 key measures of rental attractiveness and quality of life, including price changes, cost of living, and job availability. Austin’s booming job market, plentiful nightlife options, diverse dining scene and outdoor experiences are some of the reasons why young professionals are flocking to the capital city of Texas.
In the unfortunate event that a tenant needs to be evicted from your rental, we will shield you from the stress and re-rent the property promptly.
Need Qualified Tenants?
Property Connections uses today's updated services to find a new tenant. We use a number of
ways to expose our properties to the market, including dozens of marketing websites, the
Multiple Listing Services and thousands of our fellow locating Realtors. This way our properties
are marketed to minimize our vacancies.
No problem. Property Connections can handle any repairs or maintenance in a timely manner.
We use licensed independent contractors to handle anything from painting your property,
installing a new roof, plumbing, heating and air conditioning repairs and anything else
that might be needed. Property Connections makes sure the property owner is involved in
any decisions that might be needed to keep the properties in excellent condition.
"Dear Chuck and to all at Property Connections - 35 years have passed since I asked you to be the
property manager for my house in Austin, and I have never been disappointed. Your work ethics are
top notch. The tenants you have placed are well-screened and have been a delight to rent to. You
have always looked after my investment as though it was your own, which is especially important
to me since I never lived in Texas. The time will come, eventually, when I will need to sell my
home and I look forward to your expertise to achieve that as well. You are TOP NOTCH. Thank You
for 35 great years.""
- Karola Elliot
Austin Area Info
With just under one million people in the metro area, Austin is the fourth largest city in Texas and the fourteenth largest in the United States. Combined with its neighbors to the north and south, the city consistently appears on lists of the best cities
to move to and best places to retire. Austin is considered a very livable city, based on amenities, cost of living, housing, crime rate, and other factors. The word is apparently getting around: Austin's population grew 48 percent in the 1990s, and
has been approximately doubling every decade since 2000.
Austin is located in central Texas, at the boundary between the Texas Hill Country and the prairies of East Texas. Austin has abundant greenery and forestation with lakes and streams, and is surrounded by state parks. Despite the rapid development accompanying
its population growth, Austin has an influential environmentalist movement and is committed to preserving its natural beauty.
With a population median age of 31, Austin is a youthful, vibrant community with an active event calendar and nightlife. Many of Austin's people are dedicated fitness enthusiasts, and athletic events are held on weekends throughout the year. Many are
also socially aware and strong on volunteerism: there is an abundance of community service organizations in and around the city, serving local, regional, and global issues.
People are drawn to the Texas capital's music, outdoor spaces and cultural institutions. Austin was established along the Colorado River on the edge of the Hill Country in 1839. Originally named "Waterloo," Austin remains rich in history, from the
bronze statue of Stevie Ray Vaughan that greets visitors near the river, to the stately Capitol that anchors downtown, to the LBJ Presidential Library at the University of Texas at Austin.
Named the Live Music Capital of the World, Austin has a plethora of music venues and local bands to entertain endless crowds. However, musicians should think about finances before moving, as many say it's difficult to make a living in music in Austin.
Still, a number of well-established locales are regularly booked and host major musical acts. The metro area is home to banner music festivals like Austin City Limits, a two-weekend-long fall event featuring major headliners and lesser-known acts,
as well as South by Southwest, an annual set of film, interactive media and music festivals held in March. Austin's Fun Fun Fun Fest has become beloved as a pioneering festival of progressive music and comedy.
There is also active support of the arts and film, and over 200 live music venues. Thousands flock to Austin each year from all over the world for South By Southwest, a week-long display of music, film, business, technology, and social issues held
each spring, and Austin City Limits, a three-day festival of live music held each fall.
As Austin grows into a world-class city, there's concern in some quarters that it's losing its weirdness. But rest assured that Austin retains its many attractive features.
Overall, what attracts many people to Austin are likely the same things that caught your attention: the high quality of life, low cost of living, favorable employment prospects, relatively mild climate, and active music and arts scene.
Austin has a very favorable business climate. Many small companies are formed here and larger companies are making their headquarters in Austin. The low tax structure, educated workforce, availability of investment funds and business advice, and collaborative
spirit between the government, businesses, and universities add up to create a very business-friendly environment.
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