Leasing by Shon

Texas law requires all licensees to provide the information in these links:

Consumer Protection Notice: https://drive.google.com/file/d/1aR9AkXTAUKUnaacHGHZ000Vnowt_8WmE/view?usp=drivesdk

IBAS Form: https://drive.google.com/file/d/134mCDFX9sp3SNOGjjCXlsAN30HKLqcPR/view?usp=drivesdk

The Urban Renewal Agency is partnering with Pleasant Hill Collaborative to transform two key blocks into vibrant mixed-use spaces.

The new development aims to preserve the area's rich history while fostering economic growth and will feature new affordable housing units, shops, town homes, restaurants, outdoor spaces, and rooftop amenities.

With over 100 affordable housing units planned, this project presents a unique opportunity for renters to live in a culturally significant neighborhood with modern amenities. Construction could begin as early as 2025, so keep an eye out for these upcoming residential options in one of Austin's most dynamic and historically important areas. 🙏🏽

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Source: https://atxtoday.6amcity.com/city/east-austin-blocks-reshaped-into-cultural-hubs

Howdy! I'm Shon, a licensed real estate professional specializing in leasing in the Greater Austin Area. 📍

Whether you just so happened to come across my post or recently received a call or text from me, welcome to my page and thank you for being here! 🤎🧡

As a leasing realtor, I excel at helping clients move quickly and efficiently, making the entire search process a breeze. 🍃

My access to verified listings as a licensed realtor helps avoid scams. Recently, I uncovered a fraudulent listing on Zillow by personally visiting the property and speaking with the unaware tenant.

Unfortunately, I've heard other stories of people losing deposits and application fees to scams. 😳

As your guide, I help you avoid these pitfalls and potentially save money in the application process.

Even if you prefer to search independently, feel free to reach out for help verifying a listing's legitimacy or with questions about the leasing process. 📝📚

You can also find me on Instagram and YouTube .

Don't hesitate to contact me with any questions. 🤳

- Shon 🫶

PepsiCo has relocated its 40-year-old Austin warehousing operation to Pflugerville, moving 300 jobs and adding 30 new positions.

Pflugerville, 20 miles northwest of downtown Austin, is emerging as a distribution and industrial hub, attracting major companies like Amazon and Applied Materials.

The new 160,000-square-foot Pflugerville facility, with potential for expansion, indicates a trend of businesses seeking larger spaces outside the city center.

This move may affect housing demand and rental prices with Pflugerville housing prices increasing due to a rising housing demand near the new warehouse.

Recent leasing trends show rental prices for 2-3 bedroom, 2 bathroom homes now average $2,100 per month for homes within a 10 minute driving distance to the factory.

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Leasing By Shon - Keller Williams Austin | REALTOR®
📱 (512) 693-9423
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Source: The Business Journals

Airbnb fights back against city bans on short-term rentals, claiming the platform helps communities:

📌 44% of hosts say it helps them stay in their homes
📌 65% say it helps cover rising living costs
📌 $85B contribution to US GDP

Critics argue short-term rentals remove long-term housing from the market, driving up rents.

Key questions 💡:

🔎Will Airbnb's new "Housing Council" offer solutions for housing shortages?

🔎If underproduction is the issue, how can Airbnb—a platform for renting existing homes—solve this?

What do YOU think? Are short-term rentals helping or hurting your community?

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Leasing By Shon - Keller Williams Austin | REALTOR®
📱 (512) 693-9423
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Source: Airbnb

📍The nearby city of Taylor is experiencing a boom, thanks to Samsung's massive semiconductor plant construction.

A new 100-acre residential development called Turner Springs is in the planning stages, offering a mix of housing options that could be perfect for those seeking alternatives to Austin's competitive rental market. The project includes 253 single-family homes and 449 multifamily units, totaling 702 residences.

Located just north of U.S. 79, Turner Springs provides easy access to both Taylor and Round Rock. While Taylor's population growth has been slow in recent years, the Samsung effect is expected to accelerate development and job opportunities. This could be a chance for an up-and-coming area with potentially more affordable living options.

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Shon McCray, REALTOR®
Leasing By Shon - Keller Williams Austin
📱 (512) 693-9423
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Source: https://www.bizjournals.com/austin/news/2024/07/10/100-acre-residential-development-taylor-samsung.html

The housing market sentiment has hit a record low, which could impact your future home-buying plans. 😩

Fannie Mae's recent survey shows only 14% of consumers believe it's a good time to buy a home, while 86% think it's a bad time. 🧐

This pessimism stems from high home prices and interest rates, pushing the median monthly housing payment to a record $2,843 nationwide. 😰

With more homeowners potentially listing their properties due to various non-financial reasons, we could see an increase in housing inventory. This might lead to more rental options or even price adjustments in some areas.

While the market remains challenging, 75% of Americans aren't worried about job loss, and 20% report increased household income.

For now, renting in Austin might continue to be the economical choice as residents navigate this complex housing landscape. ♥️

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Leasing By Shon - Keller Williams Austin
📱 (512) 693-9423
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Source: https://www.bizjournals.com/austin/news/2024/06/11/no-one-thinks-its-a-good-time-to-buy-a-house.html

Exciting news for Downtown Austin! 🎉🎉🎉

The historic East Sixth Street is undergoing a major transformation, with the first residential project recently approved.

The highlight is the Grant Building at 611 E. Sixth St., set to become a six-story, 232-unit residential complex with street-level commercial space and amenities.

While the average rent for a 0-1 bedroom apartment in Austin is currently $2500, this new community could provide competitive options in a prime location. Keep an eye out for leasing information and for more information as revitalization efforts begin.

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Leasing By Shon - Keller Williams Austin
📱 (512) 693-9423
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📧 [email protected]

Source: https://www.connectcre.com/stories/austins-sixth-street-to-welcome-new-rental-community/