Park Ridge – Great Starter Neighborhood in South Austin
If you are looking for a starter home in a good location in S Austin, take a look at Park Ridge, one of the more affordable resale neighborhoods in S Austin's zip code 78748. Park Ridge was built by Milburn Homes in the years 1995-1998. The homes range in size from about 1090 SF to 1400 SF for 1-story models, and from around 1400 SF to 1700 SF for 2-story homes.
The sales price for the 13 homes sold in the first half of 2008 averaged almost $158,000, and ranged from $135K to $178K. The average sales price is up from just over $152,000 in 2007. In early August 2008, two homes were under contract. One home was listed for sale for $158,900. The homes are averaging about 37 days on the market, which means that they are moving pretty quickly.
Park Ridge is located off W. Slaughter Lane at Francia Trail, and is very near to the new Southpark Meadows commercial and residential development. Anchored by Wal-Mart and Target, this huge shopping center features many name-brand and local shops and eating establishments, along with a movie theater. Residents can travel to downtown and other 
points north via I-35 (less than a mile away), or via S 1st, Congress Ave., or Manchaca Road, and have access to Mopac (Loop 1) via W. Slaughter Lane.
The neighborhood has a community park with beautiful oak trees, play equipment for children, picnic tables and BBQ pits. Children attend AISD's Williams Elementary, Bedichek Middle, and Crocket High Schools.
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Jim Gilbert, REALTOR, Heart of Austin Homes
Licensed (#0536692) to sell Real Estate in the State of Texas
4501 Spicewood Springs Rd., #1029, Austin, TX 78759 * (512) 342-8744