
A recent
Wall Street Journal article is pointing to Austin as a prime location for out-of-state luxury real estate buyers, particularly those from the east and west coasts. Less expensive housing, larger lots, ample jobs, and no state income tax are factors drawing in big-ticket buyers.
The article said that in addition to traditional Austin luxury neighborhoods such as in the Eanes Independent School District and Westlake (West Lake Hills,) buyers also are hopping on properties in “Bouldin Creek in South Austin or purchasing in amenity-rich luxury condo buildings downtown.”
Read more about the
changing trends in Austin luxury real estate.