Springs At Walnut Creek (Austin, TX)
Springs At Walnut Creek (Austin, TX) Real Estate News
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Can you time the market at Austin's Springs at Walnut Creek
Garreth Wilcock, Homes at Mueller (Sherlock Homes Austin)

I like David Weekley - I lived in one of their new homes for five years, and of the countless families I've helped buy new homes, they're probably one of the easiest builders to deal with. So when the Springs at Walnut Creek opened three years back, I was keen to see the craftsmen style homes popping up - and the sales staff pointed out that they were an alternative to Mueller - closer to tech employers than downtown perhaps, but quality homes built to standards that exceed the energy efficiency requirements of Austin new builds.

Of course, at the time, these were the most expensive homes for sale in 78753 - North of Town, and on the least favored side of I35 near the infamous Rundberg area. But they were in a separate enclave and they were well thought out. So the sales progressed nicely, and every time we'd take a client there, another few homes would have popped up.

North Austin new homes

But now I see something interesting. There are several seasonal and timing factors, and the builder has four homes available to close by the end of the year. Is this a good time to try to capitalize on built stock? Maybe.

While I always thought that the Springs really was an enclave - separate and detached from a part of town that attracts bad press, another builder has hammered the point home by naming their nearby subdvision "Enclave at the Springs". So while David Weekley certainly have the first mover advantage when it comes to rejuvenating the zip code, rival Scott Felder have really taken the biscuit when it comes to branding.

So there's very local competition. The year is ending. The market is a little stalled and confused. If you're looking for an energy efficient new home with an easy commute to the tech corridor, or your family has two commutes - one to Round Rock and one to Austin, now might be a time to get an agent to start pounding away at the list prices for you at the Springs of Walnut Creek.

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Springs At Walnut Creek - Austin Models Ready Soon
Garreth Wilcock, Homes at Mueller (Sherlock Homes Austin)

The Springs at Walnut Creek is David Weekley's newest neighborhood in North Austin. It is 15 minutes on I35 from Downtown and close to major North Austin employers like Samsung. It's an interesting alternative for buyers who love the style of homes, and who have been priced out of Mueller.

While a Garden Home at Mueller might start at $325,000 for a 2 bedroom 1600 sqft home that is built on a zero lot line (which means the homes are 5' apart, and one side of the home has no windows as it is a firewall), prices at the Springs start at $211,000 for the Ashcroft - a 1700sqft 3 bed home that sits on a typical Austin new home lot.

So I anticipate that buyers looking for an energy efficient new home will consider moving North to the new community and enjoy much more home for less money. My view is shared by the builder who has moved one of their former Mueller sales staff up to the new neighborhood. The model homes are all but complete and the furniture was delivered last weekend which will make the models ready to visit for the holidays.

Mostly people start to search online for homes over the holidays, though rarely venture out to go home shopping in person. The floorplans are up, and the first homes have already sold - if you want more info on the homes out there, and want to know some pitfalls to avoid when working with a new home builder, give me a call on 512 215 4785.

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