Southwood, Southwood Valley, Southwood Terrace

Southwood, Southwood Valley and Southwood Terrace are located right off the HWY 6 bypass South to Rock Prairie and runs North to Southwest PKWY and West to the  Wellborn Road area in some places and to Welsh Rd. in other places. These wonderful neighborhoods were predominately built in the 1970s until the mid 1990s. Owners will be pleased with these neighborhood's great location, close to just about everything. There are 3 parks Brother's Pond Park, George K. Fitch Park, and Longmire Park that are within these neighborhood's borders. Additionally, there is the Brian Bachmann Community Park which was built in 1981 as Southwood Athletic Complex, College Station's first almost exclusively athletics park. Baseball, basketball, swimming, skateboarding, tennis, as well as a covered pavilion area make up this great complex. These neighborhoods are in close proximity to the new Scott & White Hospital as well as the established The Med Hospital.

Begin your search for Southwood, Southwood Valley or Southwood Terrace Real Estate for Sale in College Station Texas!

Southwood Borders
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The Southwood Neighborhood is located between Southwest Parkway and FM 2818 (Harvey Mitchell Parkway) and Welsh Avenue and parts of Langford Street. This neighborhood is within walking distance of one of College Station's 2 high schools, A&M Consolidated High School as well as one of the area elementary schools, South Knoll Elementary School. There are single family homes as well as multi-family homes (duplexes, 4-plexes, apartment complexes, etc.) within this area. The real estate properties in Southwood are the farthest North of this group of properties and are closest to TAMU drawing out highest prices compared to like properties in these neighborhoods.

Southwood Valley Borders
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The Southwood Valley Neighborhood spans from HWY 6 to Welsh Avenue in some parts and Wellborn Road in other parts to Ponderosa Drive to FM 2818/Harvey Mitchell PKWY. These properties are mixed between single-family homes predominately but also include some multi-family units. These homes range from entry level homes around $110K to mid-tier homes maxing around $200K.  This neighborhood is also very popular as investments for our ever growing student population. Some areas are restricted to no more than 2 unrelated residents, limiting where the student population can go. The multi-family units are older than some newer developments so prices have to remain competitive but are typically mostly leased out. This area is serviced by Southwood Valley Elementary and A&M Consolidated High School.

Southwood Terrace Borders
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The Southwood Terrace is the Southern most border of these neighborhoods and run from Longmire Drive to Rio Grande Boulevard and from Rock Prairie Road to Ponderosa Drive. There are only 16 - 1 block streets in this subdivision making it the one of the smallest of these neighborhoods. Homes are priced from around $110K to around $175K. Half of this neigborhood, the most Eastern part are all multi-family duplexes. There are a variety of styles but all are 2-sided duplex units. The more Western part are single-family homes very similar to the homes in Southwood Valley. This area attends Southwood Valley Elementary and A&M Consolidated High School.

The Real Estate Investor Taking on the Inventory

Real Estate Investors vs. Low Inventory

In today's real estate market in the Brazos Valley we are experiencing all time lows in our market inventory. Currently we have a supply of only 4-5 months worth of homes available. This means that if no more homes were to be listed for sale, we would be completely out of properties for sale in 4-5 months. That number is down 43% from this same time period last year - we were between 8-9 months of inventory in 2013. This indicates we are in a strong seller's market and homes would expect to be sold at a premium, especially nice updated homes in the most desirable locations.  The owner occupant would be expected to pay the most for their home during this time and a potential seller would be most likely to sell their home for the highest in the recommended range. The basic economical law of supply and demand is ever present here with the same number of buyers in the market looking to purchase (maybe even more than usual - bio-health corridor, Eagle Ford shale oil drilling, booming commercial economy) but with a limited supply of homes to go around, driving the average sales price per square foot upwards towards numbers certain neighborhoods have never seen. 

So how does this effect the residential real estate investor? In any investment strategy, there is the acquisition phase, the growth phase, then the exit strategy. For any investment, you do not go into the scenario with out having a defined exit. So depending on strategy, this may be the worst time to buy in to the real estate investment market. Remember the old adage 'buy low, sell high'? If you are looking at a buy and sell situation (i.e. flipping a property) you would be expecting to pay a premium for the real estate you are looking at acquiring not leaving much room on the back end of the transaction to make any money. If you have been holding on to that investment and are wanting to maximize immediate return, the time to sell would be now. If your strategy is to buy and hold (i.e. rental income) you could still accomplish that but your entry price point will be at an all-time high comparatively. Luckily our market has not over inflated the home values and we are still seeing an annual taxable value growth between 1%-5% over a 5-year span. So the investor could expect the property to at minimum maintain it's value while drawing all time highs in the rental market. So with the limited inventory the selection of properties goes way down, there are much less "deals" available, and the investor is now competing with a potential owner occupant who may have emotions attached to the transaction effectively pricing the investor out of the equation. Also, this makes the likelihood of an owner occupant to look into REO properties increase and they have the priority over an investor when purchasing REO properties. 

If you have a property you would like to sell or if you are interested in hearing more on how real estate investing may be a good option for you, give us a call today at 979.224.0405 or visit www.BuyingAggieland.com


JT

CS | Castlegate I & II

 

 










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Cripple Creek Condominiums

Cripple Creek Condominiums For Sale

Cripple Creek Condominiums are a great development off of University Oaks and Munson in College Station, TX near The Tap (a local popular bar). This great complex has a couple different floor plans, 2 bed 2 bath units as well as 1 bed 1 bath units. The complex features a pool, tennis courts, and is convenient to a shopping center with retail options as well as dining. This popular complex is mixed between owner occupants and tenants and is located just off the TAMU (Texas A&M University) bus route and is located in a very centralized area of College Station with easy HWY 6 access or Texas Ave. (Business 6). There is typically always a unit available for sale and many available for lease. For additional information, contact Dawn Tilby of Team Tilby at Keller Williams Realty by visiting www.BuyingAggieland.com or calling 979.224.0943.

All Cripple Creek Condos for Sale    

Featured listing in Cripple Creek Condos:

904 University Oaks #90

Awesome updated 2 bed 2 bath condo! Updates include faux wood floors, granite countertops in kitchen and baths, carpet, vanities, tile backsplash in kitchen, new fixtures and hardware, 2 in faux wood blinds,doors and trim! This truly is the nicest unit in Cripple Creek. Located close to Texas A&M bus stop. Just minutes from Texas A&M and conveniently located next to shopping center and dining. Contact Team Tilby at 979.224.0943 today to take a look!

College Station Homes For Sale Under $200K

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www.AggielandSold.com

When you're looking for a partner to help you negotiate the complexities of selling a home, you've come to the right place, www.BuyingAggieland.com and www.AggielandSold.com The experience, dedication and strong communication you'll receive here from our agents will help ensure the successful and profitable sale of your home, condo, farm, or ranch.

1. The Local Advantage - Take advantage of a broad spectrum of technologies and tools to support the sale of your home from start to close. Let Team Tilby tap their local connections to see if they may already have someone who is interested in buying in your neighborhood.
2. Internet Advertising - Since the lion's share of home buyers starts their search on the internet, top placement on search engines is essential. You'll gain access to placement on Google, MSNBC, Trulia, Zillow and many other web pages. This will maximize your exposure and bring a large number of potential buyers to view information about your home. With Keller Williams, your home will be on nearly 400 websites and over 900 web pages.  Additionally, Team Tilby and www.BuyingAggieland.com utilize many online classified ad websites as well as top read blogs to further market the home. Furthermore, we will blast out social media connections with new listings, pictures, details, and more.
3. Email Campaigns - It's important to "work the network." We can work together to identify the right people to target your home-and get in touch with them by email to drive excitement and interest in your property. When your property matches another person's search, your property will be forwarded to that agent's client. Keeping your property top of mind for consumers is our goal!
4. Personal Touch - Of course, technology alone won't sell your home. Face-to-face interaction provides the advantage to sell your home-and you won't have to worry about a thing. The details will be handled with care and constant communication, to ensure the marketing and sale of your home go smoothly. Further, Team Tilby and www.BuyingAggieland.com personally visit the neighborhoods where we have homes listed to announce the new listing to your neighbors and to see if they know anyone looking to move into that neighborhood (some exclusions apply). 

Home Listing Syndication - Where We Sell Your Home:

Your home can be advertised on websites all across the web, making sure buyers see your home and everything it offers. Here are just a few of the national sites where your home will appear:

Follow the link to  find out more about "selling a home in Bryan or College Station, TX"

See My Trulia References Here!

Gateway Villas Condominiums - Condo for Sale in College Station, TX 77840

Welcome to these well designed 3 bed/3 bath and 4 bed/4 bath units in College Station, TX! Located just off University Drive and Highway 6, this condo complex is just minutes to Texas A&M University and walking distance to many restaurants, Starbucks, and shopping. HOA fees for the Gateway Villas are around $110 per month which covers exterior maintenance, lawn care, and sprinkler systems. These great condos feature granite in kitchens and bathrooms, tile in living, dining, kitchen, laundry, and bathrooms and many Ethernet connections in all bedrooms! Energy efficient features include insulated exterior doors, Batt R-13 insulation in the walls, blown R-30 insulation in the ceilings, double-pane Low-E insulated windows and high efficiency HVAC systems installed during their construction between 2006 and 2010. 

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Featured Listing in Gateway Villas: 204 Forest, College Station, TX 77840

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This great condo is ready to be called home! 4 beds/4 baths, granite, tile, balcony, back patio! Great location near everything and just minutes to Texas A&M University! For additional information, contact Dawn Tilby of Team Tilby at Keller Williams Realty by visiting www.BuyingAggieland.com or calling 979.224.0943.