Showing posts with label moving to Austin Texas. Show all posts
Showing posts with label moving to Austin Texas. Show all posts

Tuesday, February 18, 2014

FI Austin - Circuit of The Aamericas

I have talked about this amazing venue recently and I wanted to share some additional photos of the tract with you.

 Some photos of track and the crowds. never having been to an F1 race I do not have much to compare to except I know there was never a point in the day I did not know what was going on in the race!
 source: http://en.wikipedia.org/wiki/Circuit_of_the_Americas

Observation Tower

Circuit of the Americas features a 251 feet (77 m) observation tower designed by MirĂ³ Rivera Architects and built by Patriot Erectors as a landmark for the venue. The structure of the tower consists of an elevator hoist-way surrounded by a double-helix staircase of 419 stairs, both of which lead to an observation platform 230 feet (70 m) above ground level. The platform provides a 360-degree panorama of the circuit, as well as views to downtown Austin, Texas. The observation platform, which is accessible to the public for an admission fee, can accommodate up to 70 visitors and features glass railings and a partial glass floor.[30] In addition, a "veil" consisting of 18 bright red steel tubes runs nearly the full height of the tower, acting as a canopy for both the observation platform and the stage below. The design of the observation tower was inspired by the visual imagery of sports cars and movement, and the red color was selected to mimic the streaks of lights trailing racecars at night




 During a break the track runs races with various types of cars besides FI cars. Gives the audience a lot to watch and the drivers and vehicles a much needed break in the action.


All photos: Courtesy of Bob Kenney

 
 
 
Ever wonder what it sounds like at an F! event - Here is a quick video from stands at Turn 12
 
 

 
 
 

Monday, February 17, 2014

A few photos from the amazing place I call home. Austin, Texas and surrounding Hill Country

It is difficult to explain unless you have ever been here. There is a bumper sticker famous around town "I may not have been born in Texas but I got here as quick as I could".  Having moved to Texas 14 years ago I have to say the transition for me has been as easy as moving to the next town over from where I was born.  An added bonus for me was landing right at the gateway of the Texas Hill country. It is approx. 200 mile X 200 mile area of hills, caves, rivers and natural beauty that gives the eyes everything from lazy cattle herds to beautiful lake side homes.
 You can go from winery to winery in one area to hunting leases and fishing in other areas. The hill country starts for Austin West of I 35. You can see the enormous hills beginning their long march to the llano plains in the western part of the state. Now I would not call them mountains like those of the North East or of the Rockies but they are pretty big hills! You will see champion athletes from bike riders to javelin throwers training in the Austin area especially in the fall, winter and spring times. Bikers love the big gradient hills to help build stamina for their grueling rides.
all along the waters of  the Colorado River (Not THE Colorado river by the way just A Colorado)
You will se unique residences and boat houses that define the individuals living there. all of the "lakes" in the Austin area are the same dammed up river. from Lady Bird lake that meanders through Austin it self to Lake Austin, Lake Travis and then to the other 4 lakes that make up the Highland lakes: Lake Buchanan, Inks Lake, Lake LBJ, Lake Marble Falls.
 The rest of these photos are just neighborhood, street shots of areas in and around the Hill country and Austin, TX. The vast topography the are has to offer draws visitors from all over Texas and the world.  it is am amazing place to call home and I am very proud to have been selling real estate in and around  the Austin area has allowed me to explore a lot of the surrounding Hill Country and find the little pockets of otherwise unknown treasures that I consider neighbors.
Please enjoy and feel free to ask any questions about the photos you see here. I will be adding photos of different areas and talking about different neighborhoods in future blogs. I welcome your inquires especially if you are thinking about moving to the area and need guidance on where the best place for you may be.
 Looking forward to hearing from you all,

Bob Kenney, Realtor

®
Reilly Realtors

Mobile/Text: 512-922-4922
 Photos all courtesy of" Bob Kenney







Tuesday, February 11, 2014

Ever wonder who was the Zilker in Zikler Park? and how it bacame a public park? Read on!

 source: http://en.wikipedia.org/wiki/Andrew_Jackson_Zilker

Andrew Jackson Zilker (1858–1934)[1] was a political figure and philanthropist in Austin, Texas, after whom Zilker Park was named. He was the last private owner of Barton Springs.
Andrew Zilker was born in New Albany, Indiana. In his youth he'd read Henderson King Yoakum's two-volume History of Texas,[2] and was inspired to head for its capital to make his fortune. In 1876, at the age of 18, he arrived in Austin with fifty cents in his pocket, immediately acquired work as a dishwasher, and doubled his money by shift's end. His next job would be on the construction of the Congress Avenue Bridge. But the real money to be made in the Texas heat, he discovered, was in the manufacture of ice, and he quickly climbed the ladder from new hire to foreman for one icemaker in a matter of months. He was quick to learn the value of business connections, joining Austin Lodge #201 of the Benevolent and Protective Order of Elks shortly after its founding in 1891.
Soon he owned an ice plant of his own outright, and in 1901 began buying land between the Colorado River and Barton Creek. He had soon acquired 350 acres (1.4 km²) surrounding Barton Springs, including the Springs themselves from John Rabb, and used the land to pasture the horses and mules that pulled his ice wagons, and the clear, clean Barton Springs water to make the ice itself. There he also built a small concrete pool and amphitheater for members of his Elks Club organization at the site of one of the three springs.
Zilker also found the time to be a volunteer fireman, Director of the First National Bank, Water and Light Commissioner, and served both as alderman from the old Tenth Ward and president of the Travis County School Board. He would own a variety of businesses, including a brickyard (perhaps to spite his rival neighbor, and brickmaker, Michael Butler[3]), a wood and coal concern, the Austin electrical system, and the water supply systems in Llano and Taylor counties. He even became the first Coca-Cola bottler in Austin.
The year was 1917 when, in his role as head of the school board, he cut a curious deal giving Barton Springs, and, over the next seventeen years, the surrounding acres, to the Public Free Schools of Austin (i.e. the school district) to sell to the city, which in turn paid for a $100,000 school endowment with the proceeds. This trust fund still pays for what is known today as the school-to-work program. In 1950, nearly two decades after Zilker's death, the district opened Zilker Elementary in his honor. The area itself, of course, became Zilker Metropolitan Park.
He is also remembered for his disdain for Austin mayor A. P. Wooldridge, and for encouraging Tom Miller to enter municipal politics and run for mayor in 1933.[4] Nicknamed "the Colonel", Zilker's contribution to Austin was quite substantial.

Source: http://www.texasmonthly.com/story/pen-pals

 Designed by noted Santa Fe sculptor Glenna Goodacre and put in place in the fall of 1994, the statue commemorates a trio of writers—J. Frank Dobie, Roy Bedichek, and Walter Prescott Webb—who did as much as any in Austin’s history to define the city’s special qualities. In the rich synergy that developed among the three men over many decades of public life and private friendship, they became the spiritual godfathers of Austin.  The philosophers Rock
 If you want to read a book, play some ball, fly a kite, take a train ride, Swing in a cool (cold) springs or walk for miles you can do all this and more just minutes away from down town Austin!


My kids spent hours and hours on the playscape with the Fire Truck and watching the little train The Zephyr (above) pull it's carloads of riders through the park.
 
 

Robert Kenney, Realtor

®
Reilly Realtors

13500 Galleria Circle, Suite U-115

Austin, TX 78738

 
 
Source of all photos: Bob Kenney

Monday, February 10, 2014

Austin's Historic STATE Theater - downtown Austin

 Photo: Bob Kenney

source: http://www.austintheatre.org/

State Theatre - History

"The State Theatre is a historical cornerstone to Austin's downtown arts district, so ensuring its soundness and longevity are key to the future fabric of our city. We want the community to understand the history of the State Theatre and to continue to enjoy its unique Austin setting for many, many more years." - Former Mayor Will Wynn
This vintage movie house—built in 1935 by Interstate Circuit Inc.—stands next door to the Paramount Theatre and within sight of the State Capitol building. It was built on the site of the old Avenue Hotel, which stood until after the turn of the century.

The State Theatre was the first theatre in Austin built specifically to show motion pictures and opened on Christmas Day of 1935 with The Bride Comes Home, featuring Claudette Colbert and Fred MacMurray. Downtown movie houses were popular during the era; the theatre screened films along with many others like The Paramount, The Queen—which stood on the west side of Congress Avenue—and The Ritz, now an Alamo Drafthouse location on 6th Street. The State flourished under the helm of Louis Noovy, a general manager for Interstate's four Austin movie houses, which included the Paramount, Queen and Capitol theatres.

Designed by W. Scott Dunn in the Art Deco style that was popular when it was built, the State lobby retains much of the charm of its past due to a major facelift in 1981 that returned it to its original Art Deco splendor. Vacant beginning in 1986, the City of Austin bought the structure and leased it to Live Oak Theatre. Live Oak, a local, producing theatre company, spurred the most notable renovations to the facility. Austin architect Sinclair Black and Live Oak’s director Don Toner embarked on a $3.5 million rehabilitation in 1998, transforming the interior into an inviting, open 320-seat space with backstage work areas, dressing rooms, a rehearsal hall, and a new lobby.
Six months later, the company finalized its purchase of the State Theatre, moved into the building and continued its tradition of presenting quality work and supporting the growth of new plays. Embracing the spirit of its new permanent home, the company changed its name to The State Theatre Company.

In 2000, the company merged with its next-door neighbor, The Paramount Theatre for the Performing Arts, to form the Austin Theatre Alliance (ATA). An endeavor that began with two distinct operational and business models has combined the best of both to become one of Austin's most uniquely productive performing arts resources - a thriving organization that both presents and produces a broad range of drama, comedy, music, dance and spoken-word events of the highest caliber, in downtown Austin's most commanding venues.

In June of 2006, the State Theatre, having just celebrated its 70th anniversary and in the middle of a successful run of the play Bunk Bed Brothers, suffered the effects of a city water main break that resulted in the flooding of the State’s stage and basement, ruining hundreds of thousands of dollars worth of equipment and forcing the cancellation of part of the theatre’s 2006-07 season. Some productions were moved to other venues—the State’s remount of the award-winning American Fiesta was moved to the University of Texas’ McCullough Theatre and Judith Ivey’s Women on Fire was performed at the Paramount.

After approximately $300,000 worth of repairs were completed, the Austin Theatre Alliance was proud to celebrate the grand re-opening of the State Theatre on March 1st, 2011 with a private performance by Austin favorite, Bob Schneider. The venue is now available for both rental and additional presented performances.
If you ever get a chance to see a performance here do it! great theater renovation, Great performances!

Robert Kenney. Realtor

®

Reilly Realtors

13500 Galleria Circle, Suite U-115

Austin, TX 78738


Sunday, February 9, 2014

Fun facts about Austin Texas.

 
 
On your first visit to down town Austin you might have to walk around this statue on Austin's Congress avenue. Unless you know the story you are left to wonder: what's up?

Here is a brief version of the story courtesy of: Humanities Texashttp://www.humanitiestexas.org/programs/tx-originals/list/angelina-eberly

 

Angelina Eberly

July 2, 1798– 

August 15, 1860

On Austin’s Congress Avenue stands a striking bronze sculpture of a woman firing a Howitzer cannon. That woman is Angelina Eberly, the heroine of the little-known, but distinctly Texan, Archive War of 1842.

Eberly was born in Tennessee in 1798 and came to Texas as a young woman. By 1839 she was widowed and running a boarding house in Austin. That year, the Texas Congress moved the Republic’s capital from Houston to Austin.

President Sam Houston, however, wanted to keep the capital in the city that bore his name. So when an invading army from Mexico reached San Antonio in 1842, ole Sam took advantage of the alarm to secretly order that government archives be transferred from Austin back to Houston, effectively moving the seat of government.

But as the boxes of land titles and other documents were being stealthily loaded onto wagons, Eberly spotted the activity. She made her way to an armed cannon to defend the city. She fired it, alerting the citizens of Austin. The archive conspirators bolted, but were caught less than twenty miles outside of town, and the vital documents were reclaimed.

The archives remained in Austin, and Austin remained the capital of the Republic—and subsequently of the state, when Texas joined the United States three years later. Eberly died in Indianola in 1860. Her gravesite is lost, but her likeness still stands guard over the streets of Austin.
 
 
 
 
 
 
 

Enjoy your visit. There are a lot of facts about Austin and the surrounding hill country that amazes even the "Local" population.

Please feel free to contact me if you have any questions or need to find a home in the Austin area!

Regards
Bob Kenney, Realtor

Mobil/Text:  512-922-4922





Friday, February 7, 2014

What is the favorite whine of Austinites? "I want to go to the winery!"

Hers is some fun and perhaps surprising facts about Texas wine production.

Information courtesy of: Texas wine and Grape growers association.
Link: http://www.txwines.org/facts.asp



TEXAS WINE INDUSTRY FACTS

Texas is the site of the first vineyard established in North America by Franciscan priests circa 1662. As European settlers followed the development of mission outposts, they brought more grapevine cuttings, further developing the industry through the 1800s.

Today Texas has approximately 4,400 acres of producing vineyard farmland. The U.S. Department of Treasury through the Alcohol and Tobacco Tax and Trade Bureau officially designates American Viticulture (Grape Growing) Areas, or AVAs. Texas has eight AVAs although many vineyards exist outside the specified AVAs. For a wine to mention an AVA on the label, 75% of the volume of wine must come from grapes grown in that designated region.

Texas has eight recognized American Viticultural Areas (AVA).

Texas High Plains: Located west of Lubbock in the Panhandle at an elevation of 3000-4000 feet, the climate of this appellation is very dry. While the AVA encompasses over 8 million acres, there were approximately 3500 acres dedicated to grape growing in 2005.

Escondido Valley: This appellation established in 1992 covers 50 square miles in Pecos County in far West Texas, located near Fort Stockton

Texas Hill Country: Located west of Austin and San Antonio, this appellation, like Texas, is large. It is the second largest AVA in the USA, containing more than 9 million acres. Two smaller appellations, listed below, have been designated within the Texas Hill Country due to the unique microclimates they embody. Many wineries are located in this scenic area.

Bell Mountain (within Texas Hill Country): Designated in 1986, it is the first established AVA in Texas, covering five square acres about 15 miles north of Fredericksburg.

Fredericksburg (within Texas Hill Country): This viticultural area covers about 110 acres with approximately 60 under vine.

Mesilla Valley: Located at the far western tip of the Texas border north and west of El Paso, this area is hot and dry with a long growing season and approximately 40 acres of cultivated grapes.

Texas Davis Mountains: With about 50 acres planted with vines, this west Texas appellation is cool and wet at an elevation ranging from 4,500 to 8,300 feet.

Texoma: Located in north-central Texas, this area contains approximately 3,650 square miles along the Texas-Oklahoma line.

Texas Wine and Wine grape Industry Profile
  • America’s No. 5 grape and wine producer
  • Contributes more than $1.83 Billion of Economic Value to the State of Texas
  • 420 growers covering 4,400 acres
  • 100% for wine
  • 273 Wineries (G permit issued by TABC as of January 18, 2013)

Texas Hill Country vineyard's 


 
For more information or questions about real estate and moving to Austin please feel free to contact me.
 
Regards,
 
Bob Kenney, Realtor
®
 
Mobile/Text: 512-922-4922
 


Monday, February 3, 2014

HELP! My husband and I have our home under contract to close in March. How do we calculate our property tax obligation?


Hi Sue,

Hopefully your title company or closing attorney will verify this for you. I suggest you contact them 1st thing in the morning.

To calculate your property tax obligation. Take the appraised value in the last tax year (2013) divide the number by 365 then multiply by the number of days in the year you own the home for example with a closing of March 17, 2014:


Taxes based on tax authority appraisal value : $10,000

$10,000/365 = $27.40 daily tax rate

$27.40 * 76 Days (include the closing day) = $2082.40

So this is the amount you will credit buyers at closing so that when the taxes are due the 3 of days you owned the home in 2014 is taken into account. Most closings will also have a document that both buyer and seller sign that is basically an outside agreement that if there is an underpayment of taxes at closing the sellers agree to reimburse the difference to the buyers. Same if there is an overpayment of taxes at closing the buyers will refund the sellers.

In order to make this happen both buyer and seller are responsible for contacting the other party with an accounting of actual taxes based on new tax appraisals since most taxing authorities do not typically set tax rates until fall time frame.

I hope this information helps you in your planning. If you have any other questions or need assistance in a referral for Realtor® services for your next home please contact me!

Kind Regards,

Bob Kenney, Realtor®

Reilly Realtors


Mobile/Text : 512-922-4922

Thursday, January 9, 2014

I am ready to buy a home should I have financing arranged prior to a search?


Hi Angelia,

While there is no requirement for you to have been approved prior to a search there it is a very good idea for you to have talked to a mortgage lender and if possible get a per-approval so that you will know what price range you can afford.

He process moves astoundingly fast once you place an offer on a home. So as many things as you can do in preparation for closing on a home of your choice the smoother the transaction.

  • Financing – Know what you can borrow based on your income. Debt obligations and cash reserves. A licensed professional is the best source of information. There are several ways to find a good mortgage lender.

Realtors® are a good source. They will give you the names of lenders they have worked with in the past and have proven to be good representatives of their clients best interest. Among other responsibilities your agent should be looking out for your ability to close a transaction w/in a specified time frame and knows lenders who are capable of processing and closing deals in the most efficient way. Make sure you talk to all referrals, sometimes clients can get a feel for personality fits after talking to a lender.

Banks. Your bank is also a good source. If they do not have mortgage services available they most likely have a corresponding relationship with another bank that does.

Friends that have recently closed on a home – If you have close friends who’s opinions your trust ask them about their experience with their lender of choice. A lot of clients value the opinion of people they know and trust.

  • Current living situation – Regardless if you are in a lease or own a home. Have a plan in place to shift out of your current living arrangement. If you are having to break a lease make sure you know all penalties/options available to you from the management or owner of your lease unit.
Ask your Realtor® to do a CMA on your home and see what current market values are. A lot of consumers have inflated ideas on home value and the mortgage lander will need to know what you owe and what the current market value.

  • Timing – A lot of people forget they have to specify a time frame on the offer contract that they intend to close on a home. There are several other time deadlines in the contract that must be met as well so make sure your agent explains all of the phases of the contract and exact deadlines that you have to perform under the contract terms. Pay close attentions to any changes that may be made during a negotiation some of these dates may be negotiable.
 
  • Consumer purchases – All mortgage lenders will tell you right up front - “DO NOT MAKE ANY LARGE CONSUMER PURCHASES DURNG THE APPLICATION PERIOD”
It is tempting to buy appliances, furniture etc before moving into a new home. Any credit purchases of changes in cash positions will have an affect on the Debt to Income ratios the lenders use to help determine your ability to make mortgage payments. Hold off until after the home closes. The lending company is going to verify your credit/bank account balances and employment w/in 3 days of closing. If there are any large changes this could affect your closing date as they will need to verify the changes and possibly ask for explanations about cash deposits etc..

So best advice is to have as much of your financial information in order to help delay approval process. Be proactive in finding out reputations of the lenders your are targeting to use and listen to what your referring sources have to tell you. Seek advice only from qualified professionals. They are in the business everyday and may know some things that lenders will not tell you up front.


Hope this information assists you.

Please do not have any hesitations in contacting me direct if you have further questions.

Regards,

Bob Kenney, Realtor®

Mobile/Text: 512-922-4922


Monday, January 6, 2014

Contingency offers: Good or Bad?


Most agents selling real estate in the last 10 years has received a “contingent on the sale of other property” contract at one point or another. Is it good or bad for your seller client?

Like everything else in a negotiation it just depends on what the property being sold is, How it is priced compared to the market conditions and the terms that are offering.

FACT – The majority of consumers looking to buy a new home will need to sell an existing property to access equity and reduce Loan to Value ratios in order to qualify for a new mortgage. Of course there are exceptions to that statement. Buyers with Cash, someone who may own an existing property outright but most people will need to sell one home to buy another.

So it all comes down to TIMIMG

I urge my clients to look at the offer they receive 1st and once they address any terms that need addressing but before there is a response, then look at the contingent property.

This requires a little more cooperation from the buyer and his/her agent. Once a consumer has found a home they want to buy they tend to get pretty serious about getting their property sold. If the property is one the market and they have an offer that is past the option periods then it is still considered contingent but it is a little stronger than maybe something that is not on the market, not ready for the market and is going to be priced too high for quick contract.

Each situation is unique and I think contingency offers need to weighed just as seriously as non contingent offers. Is there risk for a seller to take a contingent offer? Yes. What if the contingent home does not close on time? You would have signaled to the market that you have a contract on the property but a contingency and it may be dismissed by some other potential buyers. Are there benefits for the seller ? Yes typically you can be a little firmer on price that with someone who may think they can discount you property if paying cash or other favorable terms.

So I would always suggest that the offer be considered as serious as any other offer and treat it was much respect. In 13 years as an Agent I have had only 1 Continent deal fall through and it was a client who was not very honest about the sale of their property. Other than that I have concluded several contingent contracts successfully and when a buyer is in that position I have learned that the presentation of the offer, terms and status of their home sale if handled correctly can be a positive for the selling client.

Let me know if you have any questions.  I appreciate your referrals!!

Send questions to Mobile/Text: 512-922-4922

Regards,

Bob Kenney, Realtor®

Friday, December 27, 2013

Fannie, Freddie Fee Hikes Delayed for Review

click on Link to get latest info regarding proposed cost increases

Fannie, Freddie Fee Hikes Delayed for Review

Dose anybody really read blog’s??


I hope you all had a great holiday break

Well I have asked myself this question many times. And the answer is yes, there are people who read blobs. I guess the question should be does anyone act on the information that contained in blogs.

I will be honest. I have had a couple of comments but no real market inquiries at this point. Yet I have not been blogging consistently in a long time I have been on and off of the blog world over the past 8 years.

What I do know is that there are people viewing my posts and when the view the post they are gathering information and hopefully will think of me when they have a need for a Real estate agent in Austin, Texas.  

My whole goal is to provide a place where a relocation consumer can find out the facts and get honest opinions about moving to the Austin area. Having made the transition myself 15 years ago I feel I can help newcomers navigate some of the areas unique qualities and given my exposure and experience in relocation services can assist them in finding the right broker to sell their existing property if required.

 So if you are thinking about a move to the Austin, Texas area ( or have a relative of friend moving) and you want an expert and experienced agent to help you understand your community choices, locale housing customs, traffic patterns, and property tax values. Then give me a call. Mobile 512-922-4922

I will be glad to visit with you, Set up appointment to meet with you and take you on a comprehensive area tour highlighting some of the living communities within an easy drive of your intended area of focus.

I wish you all a healthy, successful 2014 and look forward to receiving your comments/inquiries.

Regards

Bob Kenney, Realtor

VP Turnquist Partners Realtors

Email:  rkenney51@gmail.com