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Austin, TX

Austin rent prices drop as city sees flood of new apartments

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Austin rent prices drop as city sees flood of new apartments


Austin, Texas, led the nation in dropping rent prices for the month of June, according to a new report from Realtor.com.

The South generally saw a surge in housing units as more builders target the area because of mass migration post-pandemic.

After Austin’s year-over-year rent drop of 9.5 percent, San Antonio, Texas, and Nashville, Tennessee, also saw significant rent price decreases of 8.2 percent and 8.1 percent, respectively.

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A home available for sale is shown on May 22 in Austin, Texas. Austin rent prices fell the most out of any major city area in America in June, according to a new report.

Brandon Bell/Getty Images

“It’s difficult to know just yet if this is simply a trend or a long-term slide, but markets that were white hot during the pandemic like Austin and Nashville are experiencing a deceleration in demand,” Alex Beene, a financial literacy instructor at the University of Tennessee at Martin, told Newsweek.

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Beene said the boom in remote work has regressed, and many workers have had to relocate back to their home office, which for many is outside of the southern cities they migrated to during the COVID-19 pandemic.

Realtor.com also attributed the drops to substantial increases in the supply of new rental units.

“To meet that demand, suppliers needed to come into the market and have now oversupplied the market with housing,” Kevin Thompson, a Texas-based financial expert and founder of 9i Capital Group, told Newsweek. “What you are seeing now is the natural market forces finding an equilibrium price, which will naturally fall, especially when you compare them to year-over-year numbers.”

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Nationwide, rents fell 0.4 percent year-over-year in June, marking the 11th consecutive month of rent drops nationwide. The median rent for a studio to two-bedroom unit in the top 50 metro areas was 21.2 percent, or $305 higher than the same month in 2019.

“Rents have been steadily falling for almost a year, though the pace of the decline has slowed,” Danielle Hale, chief economist at Realtor.com, said in a statement. “But rental costs have risen significantly since before the pandemic and inflation has further strained renters’ budgets, underscoring the need for more supply to meet demand and to keep renters from contributing an increasing percentage of their incomes to housing costs.”

The pandemic saw the housing market become severely disrupted, with some markets like Tampa and Miami in Florida seeing rents skyrocketing by up to 40 percent. Tampa and Miami still have some of the fattest rental-price growth versus their pre-pandemic levels, with Tampa up 39.5 percent and Miami 39.2 percent.

Beene said that in comparison, smaller metropolitan cities like Austin have smaller suburban areas that ultimately offer cheaper rents and even mortgages.

Austin also saw the number of homes for sale to climb by 26 percent to 13,227 active listings, according to the Austin Board of Realtors.

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“As these markets continue to mature and have states that are seeing economic growth in all areas, it’s natural to see people reassess their living options,” Beene said. “If you can save a few hundred dollars in rent by driving to work 30 minutes each day, you usually do it.”

Thompson said that while the remote work age might be coming to a close, many workers will fight against it and could potentially come back to the city as housing prices become more affordable.

“Austin and other areas that have experienced substantial growth will likely see those growth rates decline to more sustainable levels,” he said.

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Austin, TX

Texas Education Agency rejects Austin ISD’s plan for failing schools

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Texas Education Agency rejects Austin ISD’s plan for failing schools


The Texas Education Agency rejected a partnership proposed by the Austin Independent School District to buy the district more time to avoid a state takeover. In a letter sent to Superintendent Matias Segura on Thursday, the TEA denied the district’s request to hand over three middle schools to an outside provider to run them under what is known as an 1882 agreement.

In March, the district proposed partnering with the Texas Council for International Studies to run Burnet, Dobie and Webb middle schools as charter schools. The three campuses have received four consecutive unacceptable grades from the state’s accountability system. A fifth failing grade could trigger a total takeover of the entire district, with the TEA replacing the school board with a board of managers.

The letter sent to Segura explains the operating partner must comply with three criteria: have at least three years of experience before taking over a campus; have managed multiple campuses for multiple years; and have significantly improved the academic performance of campuses. The TEA says TCIS only meets two of those three criteria, and it “does not qualify as an operating partner with the capacity necessary to successfully turn around campuses.”

The TEA argues TCIS has failed to prove a track record of improving campuses’ academic performance. TCIS has managed 16 campuses in San Antonio ISD, Longview ISD and Edgewood ISD. However, only five out of those campuses had a D or an F rating before being operated by the non-profit.

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AISD Superintendent Segura said in a written statement to families on Thursday evening that the district remains confident that TCIS is capable of lifting student outcomes.

“While this response is disappointing, I want to assure you that this is not the end of the process,” Segura said in the statement. “TEA has explicitly invited Austin ISD to submit additional information to support and reinforce our application, and we fully intend to do so.”

If approved, the two-year 1882 agreement would allow the district to pause the accountability clock for these three schools. AISD and TCIS can still continue with the partnership, but if they choose to, the TEA said, Burnet, Dobie and Webb would not get the benefits of the 1882 agreement, including state funding and reprieve from state ratings.

When the partnership was approved during a board meeting in March, Segura said district officials were confident the TEA would approve it because they had talked with TCIS about expectations and had visited their schools. Segura said the district had also received feedback from the TEA about the plan and had adjusted the partnership accordingly.

“When we look at the timeline, we could see on May or June before we get a final approval. But we are not shy about asking questions and making adjustments where appropriate,” he said. “But if the agency does not accept after all of that we would appreciate the opportunity to make the adjustment, which is what we have seen them do.”

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KUT reached out to the TEA to ask about when a final decision must be made, and has not heard back.

Ratings for the 2025-2026 school year have not yet been released. But in his message to parents Thursday, Segura said the district is seeing “promising accelerated student growth” across the district. He said district officials will continue advocating for a partnership.





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Austin, TX

Repeated Theft Attempts Expose Weak Security at Austin Gun Store

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Repeated Theft Attempts Expose Weak Security at Austin Gun Store


Austin Police Department officers arrested three suspects, all under the age of 18, in connection with a series of shootings, stolen vehicles, and other violent crimes that unfolded across Austin, Texas, and nearby Manor on May 16 and May 17. According to court records obtained by CBS Austin, the suspects allegedly stole a 9mm Glock pistol from Central Texas Gun Works, a high-profile gun store in Austin, hours before carrying out the 12 shootings, which injured four people, struck homes and vehicles, and damaged fire department property.

The store’s owner, Michael Cargill — a well-known gun rights advocate and the plaintiff behind the Supreme Court’s landmark Garland v. Cargill decision that struck down the federal bump stock ban — denies that the pistol stolen from his store was used in the shootings, though police say they recovered 9mm casings from the crime scenes.

Regardless, the theft draws attention to Central Texas Gun Works’ security measures, as Cargill himself admitted that one of the shooting spree suspects had attempted to rob the store multiple times in recent months, as discussed below.

Thefts from Central Texas Gun Works

In public statements following the shootings, Cargill repeatedly blamed local prosecutors for releasing the juvenile suspects after an earlier gun theft from his store in January. But his own comments also reveal security failures that allowed the same suspects who had tried to steal firearms at Central Texas Gun Works multiple times before escaping with one.

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According to Cargill, one of the shooting spree suspects had attempted to steal guns from Central Texas Gun Works on four previous occasions, including most recently in January, when he asked to examine a gun and then ran out of the store with it. Cargill said he personally chased the suspect onto a city bus, stopped the bus from leaving, and had the driver lock the doors until police arrived. After cornering the suspect on the crowded bus, Cargill alleges that he told the teen, “If you pull out this gun on the back of this bus, you better think twice about what you’re doing. Because if you do, we will both die on this bus before I let you off this bus.”

Cargill lamented that Texas state law only allows a person to use deadly force against a person stealing a firearm at night, but not during the day.

Despite prior theft attempts, Cargill also acknowledged to reporters that customers are not required to show identification before handling firearms inside the store. Cargill stated that he and his employees only check a person’s ID “once they’re purchasing a firearm.” When answering questions from reporters, Cargill said that if someone asked to look at a gun, they wouldn’t have to show ID — at least “not initially.” In other words, according to Cargill, individuals could walk into the store, request a firearm, and physically handle it before any identity verification occurred.

Even after the same suspect had allegedly targeted the store multiple times, no additional safeguards appeared to be in place to prevent someone from simply grabbing a firearm and fleeing the building. During another interview, Cargill said the suspect walked in “at the perfect time” when Cargill was teaching a class and another employee was “doing something” and “ask[ed] to look at a firearm,” then “boom, dart[ed] out the front door.”

minimal security requirements

The incident highlights broader concerns about gun dealer security practices and the lack of meaningful federal requirements governing how guns are displayed, handled, or secured inside retail gun stores, despite thousands of firearms being lost or stolen from dealers every year. Unlike pharmacies, jewelry stores, dispensaries, or even some electronics retailers — businesses that often employ controlled-entry systems, tethered merchandise, locked displays, or mandatory identification procedures for potential customers — gun dealers face relatively limited federal security requirements despite selling lethal weapons.

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For its part, the National Shooting Sports Foundation, the gun industry’s trade association, lobbies against store security requirements, arguing that they are too “costly” and “burdensome” for dealers.

Cargill’s own statements suggest his store relied heavily on reactive measures, such as surveillance cameras and armed pursuit after thefts occurred, rather than preventative barriers designed to stop unauthorized individuals from physically obtaining firearms in the first place. Instead of addressing the security failures that made his gun store an easy target, Cargill argued that the Texas legislature needs to loosen gun laws to allow gun store owners “to use deadly force for theft of a firearm during the daytime. We would have no problem putting them on the escalator and sending them to Jesus.”

Following media reports linking the stolen firearm to Central Texas Gun Works, Cargill also threatened legal action against journalists and local news outlets that reported the gun allegedly used in the shootings came from his store. In a post on X, Cargill wrote that his attorneys were “preparing paperwork to go after every single person and media outlet” that reported the connection, calling the coverage “#Defamation.” The post included an image styled after a movie poster with Cargill standing near his store and the words “OWNER. LEADER. PROTECTOR.”

Cargill’s comments reflect a broader pattern within the firearms industry: When guns are stolen and later used in crimes, responsibility is often placed on prosecutors, courts, or the individuals who pulled the trigger, but far less attention is paid to the security failures that allowed firearms to leave retail stores in the first place.

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Austin, TX

Texas is getting a massive new state park, and it will be the second largest in the state

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Texas is getting a massive new state park, and it will be the second largest in the state


AUSTIN, Texas – A massive stretch of Texas Hill Country is officially becoming a new state park, and it’s set to be one of the biggest outdoor destinations in the entire state.

The Texas Parks and Wildlife Department announced Wednesday that nearly 54,000 acres in Edwards and Kinney counties have been acquired to create Silver Lake State Park, which will become the second largest state park in Texas behind only Big Bend Ranch State Park.

The future park is located about 150 miles west of San Antonio between Rocksprings and Uvalde and features rugged canyons, rolling hills, river frontage along the West Nueces River, and a rare 30-acre spring-fed lake known as Silver Lake.

Why this is a big deal for Texans

Texas has seen growing demand for outdoor recreation and state park access in recent years, with many parks regularly reaching capacity during weekends and holidays. Officials say this acquisition will dramatically expand public access to protected land in the Hill Country.

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Governor Greg Abbott called the project another example of how “the opportunities to explore nature’s wonders are truly bigger in Texas.”

The land was largely donated through the Moody Foundation, which gifted 87.5% ownership of the property to the state. Texas Parks and Wildlife purchased the remaining portion for $11.85 million using money from the Centennial Parks Conservation Fund and Sporting Goods Sales Tax revenue.

What visitors can expect

According to Texas Parks and Wildlife, the property includes:

  • Steep limestone cliffs and deep canyons

  • Miles of river frontage

  • Creeks and natural swimming holes

  • Oak-covered hillsides

  • Caves and ancient pictographs

  • Wildlife including deer, turkey, dove and javelina

  • Habitat for endangered species like the golden-cheeked warbler

The park will be developed in phases. Early access may include guided tours and limited day-use opportunities before larger recreational amenities are added. Future plans could include camping, hiking trails, paddling access and visitor facilities.

When will it open?

There is currently no official opening date for Silver Lake State Park. Texas Parks and Wildlife says planners will first conduct environmental and cultural surveys before finalizing recreational plans and infrastructure improvements. Public input will also help shape the park’s future.

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Officials say the process could take months, but once complete, the park is expected to become a major outdoor attraction for Texans and visitors alike.

Copyright 2026 by KPRC Click2Houston – All rights reserved.



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