Just ten years ago, buyers had many more options when looking to invest $200 K in the Austin real estate market. The median sales price of residential homes in 2008 was only $192,000.
Austin Area Neighborhood Spotlight The Homestead In Bee Cave
The Homestead neighborhood is located in the City of Bee Cave, approximately 20 minutes west of Austin. As you drive into the neighborhood you are greeted with serene scenes of the hill country. The homestead allows horses, and trails meander through this picturesque neighborhood. While it once was a fairly rural neighborhood, recent commercial developments are now just minutes away. You enter The Homestead off of Highway. 71 at Great Divide Drive. This intersection is approximately one mile from the intersection of Highway 71 and FM 620 which leads to Lakeway.
Just past the intersection of Highway 71 and FM 620 are two large shopping centers, the Galleria and the Shops of the Galleria. The Shops of the Galleria were built first along the southern side of Highway 71 adjacent to the old site of The Backyard, Austin’s beloved outdoor amphitheater. The Shops of the Galleria is home to numerous big box stores such as Best Buy, Lowes, Old Navy, Ulta, Michael’s, Home Goods, and a number of smaller shops and restaurants. On the other side of the highway, you will find the Hill Country Galleria. The Galleria features an open air shopping center with a number of local retailers and restaurants as well as familiar chains such as Dillard’s, H&M, Dick’s Sporting Goods, Victoria’s Secret, Whole Foods, and Panera.
As you might imagine, this abundant supply of retail options is incredibly convenient for residents of The Homestead. Interestingly, once you are winding down Great Divide, where it’s not uncommon to see a neighbor trotting along on horseback, it’s hard to believe that so many modern conveniences are located so close.
There are a few hundred homes in The Homestead with lots ranging from 1-8+ acres. Many of the properties have unbelievable views of the Hill Country and a large percentage of properties have pools. The architecture style varies significantly throughout The Homestead. You will find Tuscan style homes, juxtaposed to single story ranch homes; you will find farm house style homes and an increasing number of modern homes as well. Homes also vary in age; there are homes built in the 70s and new construction houses.
There is no formal HOA for The Homestead. Residents do have an informal list serve that is used for neighborhood announcements, and informal events such as the annual chili cook off bring residents together. The Homestead is located in Lake Travis Independent School District (LTISD). LTISD is known for being one of the best-performing school districts in Austin. Houses in The Homestead feed to Bee Cave Elementary, Lake Travis Middle School, and Lake Travis High School.
If you are looking for a private, peaceful neighborhood that is minutes from modern amenities you may want to consider looking at properties for sale in The Homestead.
This post originally appeared on shesellsaustin.com
Erika Rae Albert is an Austin native who has built her business around one guiding principle, YOU always come first. Prior to joining the real estate industry, she honed her her customer service s....
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