Prime example of Austin's insane real estate prices

[millergrovesue]

Or Greg, you could buy this place, just down the road from mine !

http://www.landsofamerica.com/texas/lan ... id/2381389

Looks like a nice piece of land with good red dirt. And it already has the windmill and what looks like a concrete tank. Yeah, storm shelter would be a must have.

[GFB]

Or Greg, you could buy this place, just down the road from mine !

http://www.landsofamerica.com/texas/lan ... id/2381389

Well, the only thing I can think of to do with 297 acres..is to run around naked..all day, I guess.

[GFB]

460 Grand will get you a 2500 sq ft home with pool on a quarter-acre, and still have enough left over to pay taxes and insurance for 20 years. Prices have been going up, though. Depending on where you live, it might only be enough for 15 years of T/I.

Around here it would probably buy you a nice 100 acres, well fenced, with at least one tank, a 2500 sq ft home with pool and a good sized barn and shop. The taxes would probably run less than $4500 a year..............depending on school district and how fancy the house and outbuildings were. All of which I'd rather have than a tiny lot in Austin.

100 acres comes with a tank?

Ok, I'm catching on to the appeal here.

[millergrovesue]

100 acres comes with a tank? Ok, I'm catching on to the appeal here.

Perhaps not the kind of tank you are envisioning. This is the kind that's a hole dug into the ground. It holds water for livestock and fish. In other areas it is variously called a pond, swimmin' hole, pool, or a lake. There are no gun turrets or metal tracks involved.

I will never forget house hunting up here where they call them pools. We went to look at a house that advertised a pool. In Austin, where I come from, a pool has a filtration system and usually a diving board and is typically behind the house. I took one look at this house and asked "Where's the pool?" The homeowner said "Out yonder by them trees; where them cows is." It was a tank. I quit thinking all those country homes for sale had swimming pools. It was a great disappointment.

[Kiamichi]

100 acres comes with a tank? Ok, I'm catching on to the appeal here.

Perhaps not the kind of tank you are envisioning. This is the kind that's a hole dug into the ground. It holds water for livestock and fish. In other areas it is variously called a pond, swimmin' hole, pool, or a lake. There are no gun turrets or metal tracks involved.

I will never forget house hunting up here where they call them pools. We went to look at a house that advertised a pool. In Austin, where I come from, a pool has a filtration system and usually a diving board and is typically behind the house. I took one look at this house and asked "Where's the pool?" The homeowner said "Out yonder by them trees; where them cows is." It was a tank. I quit thinking all those country homes for sale had swimming pools. It was a great disappointment.

I had always heard them called stock ponds til I came to Texas.

[Red Oak]

When I was in elementary school, our Teacher asked for a volunteer to bring in some pound water to observe under a microscope. I brought some in the next day in a jar, and told Mrs. Venn that I got it out of my Grand Pa's "Tank".

She freaked, she thought it was from a Septic Tank or something, I had to explain to her it was a body of water my Grand Pa's Cattle drank from, and she said "oh it is a pond", I said "no M'am it is a Tank".

[GFB]

100 acres comes with a tank? Ok, I'm catching on to the appeal here.

Perhaps not the kind of tank you are envisioning. This is the kind that's a hole dug into the ground. It holds water for livestock and fish. In other areas it is variously called a pond, swimmin' hole, pool, or a lake. There are no gun turrets or metal tracks involved.

I will never forget house hunting up here where they call them pools. We went to look at a house that advertised a pool. In Austin, where I come from, a pool has a filtration system and usually a diving board and is typically behind the house. I took one look at this house and asked "Where's the pool?" The homeowner said "Out yonder by them trees; where them cows is." It was a tank. I quit thinking all those country homes for sale had swimming pools. It was a great disappointment.

Oh, I get it.

And I was so looking forward to driving up to Red Oak's front door in my M1A1..naked, of course.

[Red Oak]

Please put some drawers on, at the least !

[jellowrestling]

100 acres comes with a tank? Ok, I'm catching on to the appeal here.

Perhaps not the kind of tank you are envisioning. This is the kind that's a hole dug into the ground. It holds water for livestock and fish. In other areas it is variously called a pond, swimmin' hole, pool, or a lake. There are no gun turrets or metal tracks involved.

I will never forget house hunting up here where they call them pools. We went to look at a house that advertised a pool. In Austin, where I come from, a pool has a filtration system and usually a diving board and is typically behind the house. I took one look at this house and asked "Where's the pool?" The homeowner said "Out yonder by them trees; where them cows is." It was a tank. I quit thinking all those country homes for sale had swimming pools. It was a great disappointment.

Oh, I get it.

And I was so looking forward to driving up to Red Oak's front door in my M1A1..naked, of course.

I call Shotgun!

[jellowrestling]

https://www.austinrealestate.com/listing/6649852-1906-e-2nd-st-austin-tx-78702/

And this place will probably have sold before any of you have a chance to call the realtor. BTW this used to be the most undesirable part of town but it's being gentrified, much to the dismay of long time residents. Same thing has happened to my Mom's neighborhood.

Why would "gentrification" bother the locals?

This is how much of the country eventually is able to retire..sell the house for a substantial profit.

I went back and read this again, and here's what I read:

It used to be the most undesirable part of town, but now people are moving in and improving the homes, greatly increasing the value of the neighborhood in general. This upsets long-time residents, who were comfortable living in the most undesirable part of town.

Did I get that right?

[millergrovesue]

Well, they were comfortable living in neighborhoods they could afford. Now they can't afford them any longer. And undesirable is a relative term. That part of town was undesirable in terms of house quality and, in the old days, in terms of racial mix. The specific area in the link was predominately Latino back then. Many of the individual neighborhoods were safe and offered comfortable affordable housing for lower income families. Others were hotbeds of crime.