Stumbled Onto A Really Cute Area in East Austin...

[agkatz]

I haven't spent much time in East Austin, as conventional wisdom says that it's slummy.

By accident, I happened to cross over (north) of Manor St., at around 38th or 39th.

THERE ARE SOME REALLY CUTE AREAS IN THERE!  Lots of ex-hippies with older Volvos and white picket fences.  Similar to the Hyde Park area... but actually, less trash/junkers mixed in.  (Unfortunately).  

Also, pretty pricey, too.  I didn't see many for sale signs, but it seems like the avg. is around 180K or more.  It's funny because if you go a block or two south of Manor, you're in the " 'hood. "

- Adam.

[Admin]

AK,
Where's our update on this?  Was this just an "ah-ha" or just being nice and sharing or...?

Are you pursuing props over there?

[agkatz]

Just getting more familar with different area.  Everything you hear is "Don't buy in E. Austin," from retail buyers and realtors.  

I was surprised how nice the area was considering

- It was in E. Austin.

- The stuff just a few streets south of Manor is grungy.

No deals there.  Almost had one, but slipped through my fingers.

[Christie]

Its called French Place.  During the boom, it was lovingly nicknamed "East Hyde Park"  (similar to the 35/Riverside/Parker Ln/Oltorf neighborhood which is known as "East Travis Hts").  During the early/mid 90's, FP became a popular rehab area for UT rentals.  Then, during the boom, the prices shot up, more OOs.

Watch out for: foundation work, 100yr flood plain, props that back to the train tracks.