While we strive for accuracy, the availability of foreclosure properties listed on our site is not guaranteed due to ever-changing market conditions. We invite you to explore other categories, including pre-foreclosures, offering valuable real estate investment opportunities.
Start by searching for available pre-foreclosure properties in your area. These properties aren't usually listed for sale, which means there's less competition from other buyers. Additionally, pre-foreclosures are often sold below market rate, making them great real estate deals. Don't miss out on this opportunity to get a great deal on a foreclosed property
East Austin is a rapidly growing area recognized for its diverse cultural heritage and modern developments and it is also a place where you can find foreclosure homes as an investor who wants to buy a cheap home in a trendy and refreshed part of town. It is, however, a solid entry point into Austin real estate for those who invest at the right time because of its closeness to downtown Austin and ongoing gentrification.
Riverside is located southeast of downtown Austin and consists of various styles of houses both old and new. The neighborhood has many foreclosure properties available, hence making it attractive to individuals that would like low-cost alternatives. This makes the proximity to UT more important especially with regard to students.
North Austin includes several smaller neighborhoods and provides various housing opportunities. Once in a while these kinds of properties will go on foreclosure thereby making it the perfect haven for any investor out there willing to pocket some profits from a growing city. Many families prefer North Austin due to major employment centers and good schools which attract professionals.
South Austin has always been known for its relaxed feel and individual nature such as when there are times when there are some foreclosed homes available thus meaning that there are still chances left open so far as potential buyers who prefer this vibrant community are concerned. South Congress remains one of the most popular spots around South Austin with Zilker Park among others all nearby, making it continue being an attractive location for many people buying homes or investing.
Pflugerville, just north of the city, is one among the suburbs with an increasing number of inhabitants. Suburban areas have high rates of foreclosures due to affordable housing opportunities provided both for family dwellings as well as first-time owners. The neighborhoodÂ’s park system, great school proximity along with other community features make Pflugerville one way through which someone can invest into the metro areas within greater Austin.
These regions offer different chances of purchasing foreclosed houses, making them appealing to both home buyers and investors desiring to take advantage of the real estate market in Austin.
Median Price (12 Mo): $565,500
Median Single-Family Price: $600,000
Median Townhouse Price: $500,000
Median 2-Bedroom Price: $475,000
Median 1-Bedroom Price: $350,000
Average Price Per Sq Ft: $366
Number of Homes for Sale: 16,842
Last 12 Months Home Sales: Approximately 31,000 units (down 2% YoY)
Months of Supply: 4.5 months
Median List Price: $627,000
Median Discount From 1st List Price: 3.5%
Median Home Sale Price YoY Change: -1.6%
Percentage Rate of Foreclosure: 0.3%
Foreclosure Data:
Here are the top three schools in Austin, renowned for their excellence in education:
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