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on Thursday, December 16th, 2010 at 6:22 am and is filed under Homes For Sale and tagged with agave.
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Whats the area like for this development? Looks terribly close to high power lines and railroad from the street view…
Ryan. They are. Have you ever looked at the properties aligning MoPac? Same deal, better schools and zip code; so those facts are often overlooked.
If you’re thinking about Agave/969, etc., you should drive out and take a look in person.
OK, so this is the version of the floorplan that’s lowest on the hill on that stretch. Does anyone know the foreclosure story? $289K is a great price if you can stomach the hassle of going through the foreclosure purchase process. That floorplan was always one of my favorites, and this version actually has a backyard, apparently. I remember that the one at the top of the hill with the better view (but no back yard) was listed at over $450K at one point in time. I still don’t understand the taxes out in Agave land, though. $8K per year for lousy schools?
There was a very brief moment when I considered buying Agave (or whatever they call it now?), thank god my wife talked me out of it (and this was when these homes were going for about 450K plus, as David pointed out), which wasn’t too difficult actually after we actually drove out there (boy, it looked GREAT on the Internet living in another city), a depressing weird semi-rural junked-out vibe overall. We don’t have children, but plan on it, and paying 8K a year to send my kid to prison camp ain’t my idea of fun (so, basically, 8K on top of paying private school tuition…or just moving, which would be the likely outcome).
Agave is not for everybody (no one place is), but we’ve been in agave for just over 3 years with a family of 4 and LOVE, LOVE, LOVE it!!! There’s a great public charter school (ADS) less than 2 miles away where our kids LOVE going and they get yoga, gardening, music not to mention a “recognized” academic rating (for whatever that’s really worth) from the State. There ARE issues out here to be sure and I’m the first to admit it, BUT as someone who DID buy out here, I have, ZERO, ZILCH, NADA NO regrets! BTW, there was maybe 1 house that sold for over $450 at the very peak of the market and it has upgrades beyond belief (Sub Zero and Wolf appliances, high-end custom stone countertops, fireplace, custom master bath tile with jacuzzi tub, additional sq footage added to the plan, etc, etc, etc . . . oh yeah and those of us who paid a premium also have close an acre of land under our houses), but the vast majority of homes have sold for WELL below that, actually well below $400. The price per sq ft never went above 200/sq ft, more like $175-180 at the peak for most.
PLEASE stick to facts and and not what you think you know about a place.
Rob. This floor plan at the top of the hill was listed at a number of prices while it was on the market – including $450K. I did not say what it sold for, as that information was not public.
Eric, what neighborhood do you live in? With as many negative comments as you have for all the other neighborhoods in Austin you must have found a real Austin Shangri-La. Do tell so we can your neighbors.
Agave has seen a quite a few foreclosures lately, and I think more are in the pipeline. This is because this development was designed, at least in part, to capitalize upon the momentum of the national credit/housing bubble, and was priced as such. I remember reading about the caravans of speculators who flooded the Austin area four and five years ago to buy up properties. Some even bought sight-unseen. I think some of that froth is only now starting to melt away, and that’s what you’re seeing in Agave. It was inevitable.
Its inevitable that we see a continued erosion of the Austin market in general in the coming two-three years, since it has lagged the national curve in housing correction, itself being forestalled by aggressive government policy to keep housing overpriced.
The cubist houses in Agave make for a neat drive-through, and I don’t blame the guy above for defending his investment. There are a couple of nice designs in there. That said, Agave’s shortcomings always seemed readily obvious to me, starting with the fact that it was built on exceptionally cheap land, with cheap slab foundation construction on clay soil. Bad mix! It never seemed meant to age well.
It will be interesting to see how this development does over the next decade. I hope for the best.
That house was also on 2 lots and DOES have a great backyard plus a side yard!
The one that was listed for $450K. It sold for $405K.
Did a walk through o this house as my wife and I have considered buying out in Agave. Great yard, but the work needs quite a bit of work. Mostly cosmetic issues, but still a hassle to paint, fix drywall, etc. Also, the house does not have a fridge, missing some light fixtures, no master bathroom mirror…Whoever lost the house took everything they possibly could before taking off. I liked the size of the yard, but there was just something about the layout of the bottom floor that just didn’t seem right.
The bottom floor *is* a little strange. I liked the small bedroom with the window near the floor. The downstairs master’s proportions never made sense to me. The placement of the wall for the open bathroom made the remaining space uncomfortably long and narrow for us.
AGREED! The master bedroom is what kept my wife and I from considering this home seriously. Just way too narrow to accommodate most of our stuff. The open bathroom wall was also a little too strange for me. Who wants that? Really? Living room and kitchen are great though. Lots of deck space.
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