Wilson Street Flats

Last reported on November the 11th the Wilson Street Cottages were being demolished to make way for a new project. Although nothing has been announced I shot this video showing the current razing. As seen in the video the current dwellings are in the process of abatement. Upon completion of window, electrical, insulation and other materials the buildings will be torn down.

According to an onsite contract 14 buildings hosting 62 units will be built. The 1-2 bedroom units will all feature an attached garage. There are 1/1 with approximately 1100 square feet and 2/2 with approximately 1400 square feet planned for the new Wilson Street Flats.

While the old apartments were home to many of Austin’s up and coming musicians the new Wilson Street Flats will bring new tenants and new rents that will probably be out of reach of the aspiring musicians that formerly resided on Wilson Street in the Bouldin Creek neighborhood of south Austin. Out with the old and in with the new. http://shrvl.com/GU058

Shonda Novak at the Austin American Statesman also reported on December 20, 2011 that homes under $500,000 in central Austin sold fast. http://shrvl.com/2aUZU Mark Sprague tracts and forecasts Austin housing says ” the supply of homes priced below $500k is very tight”.

Well I suggest you look on Havana Street in the Dawson addition. This single family home has been remodeled, it sits on a large lot, has 4 beds, two baths and covered parking. This home is priced at $345,000. So If indeed, homes priced below $500k move quickly this should be a home to watch. It’s been on the market about two months and it is the holiday season.

Still this home should be well priced. It is hard to find good homes under $500k and this home is under…way under. I would expect this home to be object of more than one buyers eye. So again, Bouldin Creek, south Austin, great price!