Location: Congress Ave/Riverside Drive
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Photo Credit: https://atxfyi.com
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Happy Thursday, Y’all! I know a lot of Austinites are anticipating the opening of Tesla’s Gigafactory, which is expected to be in motion by early 2022, but Tesla did release a little sneak peek into the inside of the factory (I have the scoop on this below). I learned from the son of one of my clients working onsite that it takes 30 minutes to walk from one end of the factory to the other! It’s a pretty exciting development for Austin, and there’s been a major increase in home searches near the factory’s 78725 zip code. With more competition in this hot locale — there’s been a 45% increase in home prices in this area from 2020! If you know anyone interested in exploring this location, I’d be more than happy to assist.
While the 78725 zip code is buzzing, as is most of Austin, some other nearby cities are gaining some extra attraction as well. Cities like San Marcos, Buda and Taylor are some of the hottest spots in greater Austin's 11 submarkets over the last three months for renting, according to a new report by ApartmentData.com, and this is carrying into home purchases as well. These cities have good housing opportunities with more space and are still close to Austin. We’ve helped many of our clients find really great properties in these locations, and if this seems like potential areas of interest to you (or someone you know) then I’d be more than happy to discuss these options further, including the latest market insight for each city, and get you started on a customized home search!
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Sneak Peek Inside Tesla’s $1.1 Billion Austin Factory As It Nears Opening
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Photo Source: Tesla and CultureMap Austin
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With Tesla's announcement of moving its headquarters to Austin, there's been a lot of anticipation over its arrival. Although Tesla's official HQ location has not been revealed, Tesla did release some photos inside the new Tesla Austin Gigafactory.
"The photo above shows a sleek, futuristic-feeling office space inside the manufacturing plant. The space, which provides a view of the factory floor, features a predominately white color scheme, a minimalist design, an open layout, and rows of long tables that serve as shared workspaces," says CultureMap Austin in their latest coverage of Tesla's photo releases.
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Photo Source: Tesla and CultureMap Austin
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"The second photo above shows a quality control area where two partially built Model Y Teslas are perched on mechanical lifts. And the third photo below provides an aerial view of the enormous factory, which appears to be near completion. Tesla executives say vehicle production is set to begin by the end of this year."
“Gigafactory Texas is progressing as planned,” Tesla says. “We are in the process of commissioning equipment and fabricating our first pre-production vehicles.”
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Photo Source: Tesla and CultureMap Austin
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Interested in looking at available homes near Tesla's Gigafactory? Reach out!
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Your Guide to All Things
New & Noteworthy
in Austin
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9 Austin Businesses Rank Among Inc.'s Best-Led Companies in the Country
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An Austin company is generating buzz as the best-led midsize business in Texas.
Dating app provider Bumble ranks first in Texas and 40th overall on Inc. magazine’s new list of the country’s 250 best-led midsize companies. Whitney Wolfe Herd leads Bumble as founder and CEO. To compile the list
"
... keep reading.
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Scoot Over, Scooters: New Moped Service Coming to Downtown Austin
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Scoobi, a Pittsburgh-based moped rental service, is bringing 200 of their vehicles to downtown for on-demand use starting on Tuesday, with the service fully functional by Friday.
The service is the latest to come to town in an attempt to alleviate downtown traffic and limited parking. According to
".
.. keep reading.
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Top Picks for Things to Do
Nov. 12-14
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Waterloo Greenway Creek Show 2021
Waterloo Greenway’s annual Creek Show starts this weekend! The event includes ten nights of free light-based, site-specific art installations along Waller Creek. The show will dazzle and inspire at the newly renovated Waterloo Park, and attendees can also enjoy live music, local food vendors and family-friendly experiential activities. Learn more here.
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Big Medium's Annual East and West Austin Studio Tour
It's the 2nd weekend of the Austin Studio Tour! The event is a free, self-guided art tour that combines the West Austin Studio Tour and East Austin Studio Tour to provide opportunities for artists all over Austin to connect with each other and for the public to experience tons of local art and artists! Learn more here.
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4 Beds | 2 Baths |
1,838
Sq. Ft.
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Updates, updates, updates! This gorgeous gem in North Austin has been transformed into a true visionary turnkey property that beams with modern functionality and exquisite style.
Sophisticated and high-end upgrades abound, including newly painted white exterior brick, a modern fireplace and completely new kitchen and bathrooms.
Click here for the full listing, and message me to schedule a tour!
Open House: Nov. 13, 1-3 p.m.
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FOUR homes under contract! Another big past week for Ellevé and our amazing clients! Our three investor clients and our other clients who relocated to Austin went under contract on beautiful homes in Round Rock, Del Valle and Dawson! It was a true joy to help these buyers find what they were looking for in and around Austin, and we are grateful that they chose Ellevé as their trusted local real estate group!
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3 Bed | 2.5 Bath
Representing Buyer
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509 El Paso Street, Unit B
2 Bed | 2.5 Bath
Representing Buyer
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3 Bed | 2 Bath
Representing Buyer
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12832 Buenos Aires Parkway
4 Bed | 2 Bath
Representing Buyer
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© Compass 2021 ¦ All Rights Reserved by Compass ¦ Made in NYC
The information contained herein does not purport to be complete nor, necessarily, accurate and should be independently verified; nor does it represent or constitute a legal analysis or financial advice. All of the financial projections and/or conclusions are provided for illustration purposes only. Compass and its agents disclaim any and all liability for representations and warranties, express or implied, contained in, or for omissions from, the information contained herein or any other written or oral communication transmitted or made available to the recipient. This represents an estimated sale price for this property. It is not the same as an opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice.
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