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Texas chef's Old West Austin home hits the market for $1.65 million

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Texas chef's Old West Austin home hits the market for .65 million


More Texas homeowners and renters than ever are struggling with high housing costs — and the state’s high home prices have potentially put the dream of owning a home out-of-reach for a growing number of families.

That’s according to a new report from Harvard University’s Joint Center for Housing Studies, which also found that home prices and rents remain well above where they stood before the COVID-19 pandemic.

The Texas housing market has cooled amid high interest rates after steep increases brought on by the state’s recent red-hot economic growth. So would-be homebuyers now need to make more money than ever before in order to buy a home in Texas’ major urban areas. The number of Texas homeowners and renters who struggle to keep a roof over their head also now sits at an all-time high.

“The costs of buying a home have left homeownership out of reach to all but the most advantaged households,” says Daniel McCue, a senior research associate at the center.

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Outpacing income growth
The growth in Texas home prices has dramatically outpaced income growth, pricing many households out of the market and all but wiping away the state’s once-heralded housing affordability.

It’s now common for buyers to have to make at least six figures in order to purchase a home in major urban areas where the state’s job opportunities are largely concentrated. A family needs to make more than $100,000 if they want to buy a typical home in the Dallas-Fort Worth and Houston regions, according to the center. In the Austin area, a buyer needs to make more than $140,000 to afford a home at the median sales price.

Renters have increasingly little room to put money away for a future down payment and make the transition to homeownership. A record 2.1 million renter households — more than half of those in the state — are “cost-burdened,” meaning they spend more than 30% of their income on rent and utilities. Of those, nearly 1.1 million put at least half of their income toward rent and utilities, which means they are “severely” cost-burdened.

Homeowners, too, have felt the pinch from rising homeowners insurance and high property taxes. Nearly a quarter of the state’s 6.9 million homeowner households spend too much on housing, according to Harvard’s analysis.

The state’s high housing costs and a shortage of housing affordable to the poorest Texans fueled a 12% increase in homelessness last year, according to federal estimates. More than 27,000 Texans did not have a permanent roof over their heads in 2023, according to an annual estimate of people experiencing homelessness. About 11,700 Texans experienced unsheltered homelessness — meaning they slept in their cars, under bridges or in other places not fit for human habitation.

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Housing shortage
Still, in some parts of the state, the cost of housing is on the decline.

Home prices in Austin, where the typical home fetched more than half a million dollars at the height of the state’s pandemic-era housing market, have fallen for 16 straight months, according to Zillow data. San Antonio has also seen months’ long decline in home prices.

High interest rates have dramatically slowed the pace of homebuying, contributing to lower home prices. That slowdown has allowed homes to sit on the market for longer periods of time than during the highly competitive days of the hot pandemic housing market and boosted the supply of homes available to prospective buyers. More supply means buyers have more leverage to negotiate lower prices with sellers.

“Buyers are still very much contending with elevated home prices, and of course, mortgage rates,” says Clare Knapp, housing economist for the Austin Board of Realtors. “But with that uptick in active listings, they do have more negotiating power. So it is certainly providing a boost to them amid a more challenging environment.”

At the same time, high interest rates and home prices have discouraged homeowners who otherwise may have put their homes on the market from giving up their low interest rates, according to the Harvard report — fueling the country’s shortage of available housing.

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Steady job growth also has kept home prices elevated. In places like Houston and Dallas-Fort Worth that saw home prices decline last year, prices have begun to creep up again.

“It’s really difficult for you to see a significant correction in prices,” says Luis Torres, senior business economist at the Federal Reserve Bank of Dallas.”

Rising rents
Soaring rents driven by the state’s robust economic growth put record pressure on tenants. But a boom in apartment building not seen since the 1980s has bought them at least some temporary relief from rising rents.

Asking rents have fallen over the last year in the Austin, Houston, Dallas-Fort Worth, and San Antonio regions, figures from the firm MRI ApartmentData show, as new apartments open their doors and force existing landlords to compete to keep new tenants.

“For renters, it’s a better situation,” says Bruce McClenny, industry principal at MRI ApartmentData. “It doesn’t make up for all that crazy rent growth that we had in ’21 and ’22. But it’s starting to make a difference.”

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It’s only a matter of time before rents surge again, the Harvard report found. Builders have pulled back on new projects amid high borrowing costs and as property owners see lower revenue growth from rents and increased operating costs like property owners’ insurance, wages, and property taxes. Meanwhile, the state’s steady economic growth coupled with growth in Generation Z households will ensure demand for apartments remains strong. McClenny says larger rent increases like those seen in 2022 could return by the end of next year after tens of thousands of apartments under construction in the state’s major metro areas come online.

Still at risk is the state’s supply of cheap housing stock, housing experts say. Texas has lost hundreds of thousands of low-cost rental units over the last decade, exacerbating an already dire shortage of housing affordable to lower-income families.

The state had about 753,000 housing units with rents below $600 near the start of the last decade. As the state’s economy boomed and demand for rental housing grew, that supply decreased as landlords simply raised rents or renovated their property to attract higher-income renters.

By 2022, the supply of cheap rental housing had shrunk to less than half a million units.

Housing experts expect more of those units to disappear in the coming years. Dallas has a shortage of about 33,000 units affordable to families making 50% or less of the area median income, according to an analysis by the Dallas-based Child Poverty Action Lab. That shortage is expected to balloon to more than 80,000 by the end of the decade, the organization projects.

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The Dallas-Fort Worth region “has been and likely will continue to be a really hot housing market that makes (naturally occurring affordable housing) more vulnerable,” says Ashley Flores, the organization’s housing chief.

Local and state leaders are increasingly trying to solve the state’s housing affordability crisis.

Texas lawmakers, including some of the state’s top Republicans, have increasingly signaled that one way they will look at combating the crisis is by loosening city rules that determine what kind of housing can be built and where. Housing advocates have increasingly targeted city zoning restrictions, like how much land a single-family home must sit on and how many homes can be built on a given lot, as a root cause of the nation’s affordability woes. Those rules, they say, have limited how many homes can be built and led to higher housing costs as a result.

“In a lot of ways, the current zoning laws that we have don’t reflect the wishes of the people,” McCue says. “So it’s good to revisit those.”

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This story was originally published by The Texas Tribune and distributed through a partnership with The Associated Press.



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Austin, TX

Man charged after driving 100 mph in East Austin, crashing into bus station: affidavit

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Man charged after driving 100 mph in East Austin, crashing into bus station: affidavit


A man was charged with intoxication manslaughter after a crash in East Austin.

The backstory:

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According to an arrest affidavit, on April 17, around 1:31 a.m., officers responded to a crash in the 2800 block of East Martin Luther King Jr. Blvd.

An investigation revealed the driver, Jalen Carter, 32, was driving a 2026 white Nissan at an estimated speed of 100 mph in a 45 mph zone. The car “bottomed out” at a train crossing and lost control. The car then hit a utility pole, hit a bus station, and five parked cars before finally coming to a stop. 

A passenger in the car, Carter’s mother, suffered a serious hand injury. 

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One witness told an officer that Carter had been smoking marijuana about 30 minutes before driving and was acting “abnormal and paranoid.” An officer described Carter’s eyes as bloodshot and glassy. 

An officer said he also “exhibited cyclic behavior” and was alternating between grabbing his mother and falling unconscious.

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When officers tried talking to Carter, they said he was uncooperative and combative. They also said he ignored verbal commands and had to be removed from his mother. 

Carter and his mother were taken to a local hospital. His mother lost her thumb and required emergency surgery. 

At the hospital, Cater was so aggressive that it took about 10 people, including four security guards, to hold him down. He was eventually sedated and intubated. 

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Carter was later charged with intoxication assault.

The Source: Information from an arrest affidavit

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Crime and Public SafetyEast Austin



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Austin, TX

Athena the owl: 2nd owlet discovered to be alive

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Athena the owl: 2nd owlet discovered to be alive


It was initially believed that both of Athena the owl’s owlets at the Lady Bird Johnson Wildflower Center had died, but officials reported some hopeful news.

What we know:

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On April 19, the wildflower center had posted that both of Athena’s owlets had not survived after they had been born on April 9 and April 11.

The first owlet died on April 17 and the second owlet was reported to have died overnight on April 18. 

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Athena was not seen at the nest and was not spotted in nearby trees.

The wildflower center continued to monitor the nest and on April 20, the second owlet was found to be alive and showing signs of movement. 

In coordination with Austin Wildlife Rescue, the owlet was retrieved and is being rehabilitated.

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What we don’t know:

Officials say early signs are encouraging and that the owlet is showing strength and appetite.

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The exact cause of the death of the first owlet is now known, but the wildflower center says a variety of natural factors can affect survival, including food availability.

The backstory:

Since 2012, a pair of great horned owls have made a specific corner of the Lady Bird Johnson Wildflower Center their home. Like clockwork, the pair return each year to nest above the archway of the courtyard entrance, greeting visitors who pass beneath them.

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The female owl, affectionately named Athena, has become a staple of the center.

Athena’s reach extends far beyond the local Austin community. Through a partnership with the Cornell Lab of Ornithology, the center hosts a 24/7 livestream of the nest, allowing bird-watchers from around the globe to monitor her progress in real-time. 

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The City of Austin also recently designated Athena the official Owl Ambassador of Austin.

The Source: Information from Lady Bird Johnson Wildflower Center and previous reporting by FOX 7 Austin.

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Austin, TX

America 250 celebration: Texans who fought for independence honored in Austin – Texas – The Black Chronicle

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America 250 celebration: Texans who fought for independence honored in Austin – Texas – The Black Chronicle


(The Center Square) – As part of Texas’ celebration of the founding of the United States, a new monument was unveiled in Austin commemorating 69 patriots who fought for U.S. independence who later came to Texas.

Texas is also celebrating its first U.S. Navy fleet week in state history in the Houston area, where roughly 1,000 sailors and Marines are participating in nearly 200 events as part of the America 250 celebration. This also includes commemorating the Texas Navy, which helped win Texas’ independence from Mexico 190 years ago this April, The Center Square reported.

Gov. Greg Abbott and the leaders of the Texas Society Sons of the American Revolution unveiled a new monument honoring Texas revolutionary war patriots at the Texas State Cemetery in Austin.

Abbott, a direct descendent of a patriot who supported the cause of American independence, was also inducted into the Sons of the American Revolution and received the Silver Good Citizenship Medal.

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“It is appropriate to remember that today, April 18th, 251 years ago, the Battles of Lexington and Concord occurred with the shot heard around the world,” Mel Oller, president of the Texas Society of the Sons of the American Revolution, said.

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On the evening of April 18, Paul Revere rode from Boston to Charlestown warning colonists that British troops were coming. Several hundred Minute Men and colonial militia fought British soldiers the next morning in Concord and Lexington, the first battles of the American Revolutionary War.

The commemoration in Austin was important “to reflect on the courage, sacrifice and enduring principles that gave birth to the United States of America,” Oller said. “This monument stands as a tribute to those patriots and reminder to future generations of the ideas that continue to shape our Republic.”

“Texans played a role in the war too, and it’s important to recognize them, and the sacrifices they made for our freedom,” he said.

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“The history that is etched the United States into the annals of the greatest country in the history of the world,” Abbott said. As others try to rewrite American history or “try to condemn the glory of what America has been able to achieve,” Abbott said Texas was focusing on teaching children about U.S. and Texas history. “We must educate every generation about why it is that America grew from just a tenuous 13 colonies into the most powerful country in the history of the world.”

“There could hardly be a better time to dedicate this monument than during our 250th celebration of freedom, of independence,” he said. It’s “an enduring testament to the heroes who fought for that freedom that is unique to America.”

One of the greatest gifts Revolutionary War heroes gave Americans was freedom, Abbott said, “but freedom is not a one-time event. The fight didn’t end with the Treaty of Paris. It’s an everyday process, perpetually. Just as the patriots took to the hillsides to battle the Red Coats, modern day Patriots” continue to fight for freedom, including the failed policies of Marxism, he said. Many Texans’ ancestors “died for a country they would never get to see. Stories of these heroes must be told. Generations of Americans must be reminded of who they are and what they fought for.”

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There are 69 American Revolutionary War heroes listed alphabetically on the monument who later settled in Texas, including native Tejanos who fought for American independence, according to TSSAR.

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Listed first is John Abston, who enlisted in the militia in Virginia when he was 18. He fought alongside and under men like John Crockett, father of Davy Crockett, in one of the most pivotal battles of the war: the Battle of Kings Mountain, in South Carolina. He later moved to Collin County, Texas.

Another is José Santiago Seguín, the grandfather of Texas Revolutionary hero Juan Seguín, the first and only Tejano to be elected to the Republic of Texas Senate. He also fought with Sam Houston in the Battle of San Jacinto.

Another is Peter Sides, who fought with a North Carolina regiment against the British. He later joined the Gutierrez-Magee expedition in 1812 and was killed in 1813 at the Battle of Medina in what is now Bexar County. The battle is “known as the bloodiest battle on Texas soil. The rebels’ bodies were desecrated and their body parts were removed and scattered,” the TSSAR explains.

Another is William Sparks, who joined a North Carolina militia when he was 17. He and his family later moved to Nacagdoches, Texas; his sons and grandsons fought for Texas independence.

Listed at the bottom of the monument is Ira Hobart Evans, a Congressional Medal of Honor recipient and the youngest Speaker of the Texas House who founded the Texas Society of the Sons of American Revolution.

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