George Wang, Agent Photo
George Wang
Broker/ Realtor®


Texas Fortune Realty
P O Box 160371
Austin, TX 78716

Phone: (512)694-6060
WeChat: GeorgeWangAustin
Email: GeorgeWang3@gmail.com
TREC #605970

Austin-Round Rock MSA home sales price to all-time high in February 2021

AUSTIN, Texas – Following the devastating Texas winter storms that thwarted housing market activity for nearly two weeks, Austin-Round Rock MSA home sales dipped for the first time since June 2020. According to the latest Central Texas Housing Market Report released by the Austin Board of REALTORS® (ABoR), Austin-area home sales declined 8% to 2,389 sales in February.  

During the same time, market demand drove housing inventory down 1.2 months to a record-low 0.4 months of inventory and the median home price up 22.5% to an all-time high of $395,000.  

“Although the winter storms slowed activity in February, this does not indicate a market slowdown. We’re still very much in a sellers’ market,” Susan Horton, 2021 ABoR president, said. “Across the region, a high quantity of offers, cash offers, and requests to waive appraisals or option fees are increasingly commonplace. Transaction contracts are complex with negotiations that require the expertise of a REALTOR® to navigate.” 

Across the five-county MSA, home sales dollar volume jumped 15.9% to $1,207,218,785, while pending sales fell 15.5% to

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Central Texas homes sales jump 23.9% in 2021 January

AUSTIN, Texas – Austin-Round Rock MSA home sales jumped 23.9% to 2,523 sales in January, according to the latest Central Texas Housing Market Report by the Austin Board of REALTORS® (ABoR).  

“The last week has shown us, once again, that our homes are more important than ever,” Susan Horton, 2021 ABoR president, said. “Austin REALTORS® are not just local market experts in buying or selling a home but we can also provide guidance and resources for home repairs if your current home has been impacted by the winter storms. If you are currently in process of buying or selling a home, talk to your REALTOR® about how recent events might impact your closing timeline and what the appropriate next steps should be – this can include insurance policy terms or additional inspections that may be required.” 

Across the five-county MSA, home sales dollar volume skyrocketed 53.5% to $1,161,692,362 while pending sales increased 15.9% to 3,365 in January. Despite 2,878 new listings in January—an 11% decline from

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Addie at Westlake Home Features

Builders for new construction homes at Addie at Westlake/Eanes have published the home features list:

EXTERIOR: • Roof – Synthetic Slate Roof in Slate Gray • Brick – Old Texas Brick, Paint Color – Mid Century White • Stucco – Sherwin Williams Snowbound SW7004 • Windows – Black/Black Clad Exterior / Pine Interior, Low E High Performance SmartSun / Insulated (Energy Star) • Front Door – Custom Iron Door with Chrome Handle set • Garage Door – 8’ Tall Modern Steel, Color – Black, 2 openers • Front Porch Lighting – Black Sconce Light (per plan) • Back Porch Lighting – LED Recessed Can Lights • Professionally Designed Landscape Package

PAINT: • Manufacturer – Sherwin Williams • Wall Texture – Light Orange Peel • Low VOC paints with Flat Finish INTERIOR TRIM: • Baseboards – 1 x 4” Painted • Door Casing – 1x 2” Painted • Solid

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Eanes New Homes Now Available at the Addie at Westlake

Resting in the heart of Westlake, Legacy Communities presents The Addie — a collection of 46 new peak performance lifestyle homes in a gated lock-and-leave neighborhood close enough to downtown Austin, yet far enough away in a residential oasis surrounded by the Texas Hill Country.

The Addie is revolutionizing this well sought-after area with thoughtfully designed home offerings, masterfully crafted for functionality and minimal maintenance. Diverse architecture rests behind the gates of the only new neighborhood in Westlake offering luxury homes enveloped by breathtaking views at an enticing price point. Experience a new way of life at The Addie.

INCLUDED FEATURES: Quartz countertopsSlate RoofSolid Core DoorsFrameless ShowersPre-wired for Solar EnergyEnergy Star Black Framed WindowsModern Freestanding Master Bath TubStainless Steel Wolf Appliances

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New Eanes Homes Now Selling at Addie West Lake

Good news for home buyer who is looking for new construction homes at Westlake high school/Eanes ISD. Westlake’s newest gated community, The Addie, has officially launched and is now selling two and three story luxury homes boasting Modern-European style architecture, designer finishes & scenic Hill Country views. While there are only 46 homes in this boutique community, The Addie is surrounded by 12 acres of open space to explore. New construction in the renowned City of Westlake is rare. Call today to be a part of this unique opportunity to own a new home at The Addie at Westlake!

Builders are experiencing significant interest based on The Addie’s proximity to downtown Austin and natural surroundings of the Texas Hill Country. Upon completion, The Addie will be a private neighborhood with gated entry, featuring lock & leave access, ensuring peace of mind with nominal maintenance.  At this time builders are just taking reservations with a fully refundable $10K deposit held with

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Single-family home sales, inventory levels increase across Austin MSA in July 2017

AUSTIN, Texas – Aug. 17, 2017 – Single-family home sales volume held steady across the Austin-Round Rock Metropolitan Statistical Area (MSA) in July, while housing inventory levels posted strong gains, according to the July 2017 Central Texas Housing Market Report released today by the Austin Board of REALTORS®.

Brandy Guthrie, 2017 President of the Austin Board of REALTORS­®, commented: “In years past, the high demand of the summer selling season has further constrained inventory levels and further pushed up home prices. This year has been different, with steady gains in sales volume as well as listings and inventory throughout the summer. During a month when housing inventory should reach its lowest point of the year, housing inventory across the Central Texas region is at its highest point since fall 2012.”

In July 2017, single-family home sales volume in the Austin-Round Rock MSA increased 2.8 percent year-over-year to 2,892 home

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Eanes ISD Lakes Edge Community Tax Rate and Utilities Info

The Lakes edge community info details as of July 2017:

Community Utilities Austin Energy (Electric)     512-494-9400 Alliant                                     877-532-5427 W. Travis Co. Public Utility Agency 512-263-0125 Septic Managed by HOA (wastewater) Time Warner Cable /Spectrum    512-485-5555 AT&T                                      800-288-2020

  Property Tax Rate Travis County    0.383800 Eanes ISD           1.212500 Travis Hlth Dist   0.110541 Travis ESD #10   0.10000 City Bee Cave      0.0200 Total Tax Rate   1.826841%

  Schools Eanes Independent School District https://www.eanesisd.net Barton Creek Elementary School 1314 Patterson Rd, Austin TX 78733 West Ridge Middle School 9201 Scenic Bluff Dr, Austin TX 78733 Westlake High School 4100 Westbank Dr, Austin TX 78746

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Eanes ISD Lakes Edge Community Presale Starts

Two builders, Ashton Woods and Trendmaker Homes will start to presale lot and floorplan in the brand new, gated community Lakes Edge soon (as early as July 2017). The community is currently being developed and roads are being put in as quick as possible. Model homes will be constructed in there in the coming months.

Lakes edge is part of the prestigious, national ranked Eanes Independent School District, and will only have 118 home sites with beautiful views, greenbelt. The community is near Lake Pointe off Ashley Worth Blvd close to the Hill Country Galleria, Lake Travis and Lake Austin.

When presale starts, builders will schedule appointments for those who are seriously interested and want to meet with a professional to put a deposit down on a lot. This will be done on a first-come first-served basis. If you are considering Lake Edge community, I recommend you go to both

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Eanes ISD Lakes Edge Community Update

I have received numbers of inquiry on the new gated Eanes ISD Lakes Edge community, and it’s understandable that many potential buyers are looking for new construction houses in the top notch Eanes ISD, since there have not had any new homes in Eanes recently years after the close out of Senna Hills. High quality new homes with price range in 500K to 600K will be very attractive considering houses in the nearby Eanes neighbor are way above this range.

The Lakes Edge community was expected to see first move-in ready house on the second half of 2017, and we are eagle to see how the development is going.

I went to visit Lakes Edge Community on the first day of the July, and took some pictures. As you can see, construction is underway for the roads and utilities. There is no sign of any houses, or any land/lot subdivision.

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Austin-Round Rock single-family home sales volume jumps, tops $1 billion in May 2017

AUSTIN, Texas – June 15, 2017 – Single-family home sales volume experienced strong gains across the Austin-Round Rock Metropolitan Statistical Area (MSA) in May, while home sales dollar volume topped $1.2 billion and set an all-time high for sales dollar volume, according to the May 2017 Central Texas Housing Market Report released today by the Austin Board of REALTORS®.

Brandy Guthrie, 2017 President of the Austin Board of REALTORS­®, commented, “Housing is the backbone of our region’s economy and the heart of our communities. Housing demand continues to be at an all-time high in and around Austin, indicated by steady growth in home sales and prices, listing activity and housing inventory. The concurrent gains in listing activity and inventory, in particular, are a positive sign that housing inventory could continue to increase throughout the aggressive summer selling season.”

In May 2017, single-family home sales volume increased 9 percent year-over-year

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