Have Mueller’s neighbors come up with the answer to the notable gap in the market? I’ve talked about the Mueller Affordability Gap for several years – the gap between those homes in the affordable program, and the starting prices of the homes at the market rate. My take is that the gap is prevailing, past section 5 and into the current work in progress – section 6.
At this point, I would normally talk about Windsor Park, but today it’s a home in JJ Seabrook – the neighborhood just South of Mueller – equipped with it’s own greenbelt, and diversity of housing stock. There are two reasons – the first is that I’m helping a friend sell her home there, and the second is that I think there is a good opportunity for homes in this neighborhood to provide the antidote to some of Mueller’s perceived limitations.
What Mueller lacks, the nearby market provides. So, by living in JJ Seabrook, you get a large yard – something you can’t get in Mueller, despite it’s 140 acres of public “yard”. And you get mature trees, again something you’d have to wait a little while for in the rival. And lastly you get something that’s rarer than hens’ teeth over here – a single story detached home. All for under the starting prices of the Mueller market homes – in the low $250s.
At a glance:
1077 sqft single story home
- 2 bedroom 1.5 bathroom
- 3kW solar PV system on roof
- giant post oak tree – owner believes it is the largest in Travis County
- Fully fenced back yard with outbuilding
- Automatic sprinkler system
- bamboo floors
- 0.21 acre lot on a cul de sac
- 0.4 miles to the edge of Mueller
- one house away from the JJ Seabrook greenbelt
- Same AISD schools as Mueller – Maplewood, Kealing, McCallum
- List price $179,000
Virtual Tour and listing photos are being updated for the start of next week, and full details in the MLS (if the home is still available).
Getting a single story yard home in Mueller will cost upwards of $300,000. So, if you have fallen disappointed into the affordability gap, or you’re looking for an investment home to take advantage of the growth over here, consider this one – call +1 (512) 829-1351to check it out.