(April 20, 2011 ) Standard Pacific Homes’ model home foundation is formed in the new SW neighborhood Avana which is located at the intersection of Escarpment and SH45. Immediately adjacent to the popular Circle C area in SW Austin.
There is about 3 months of available home inventory in the Circle C area, one of the tightest market segments in Austin. This particular area should sell well with that kind of immediate demand.
There are a number of new venues popping up in SW Austin including the Parkway Village (SW corner of Slaughter Lane and Mopac) where the newest Alamo Draft House will be located.
The most of the first section of Avana has caliche on the roads and curbs are poured. The Standard Pacific rep said they are waiting on water approval from the City of Austin. Avana is currently slated to have use of the Circle C neighborhood amenities, although there is a future plan to build a pool and activity center within this area when the second section is underway.
The plan is for homes to range in size from 1800-3300 square feet and prices start in the mid 200’s. One of the more interesting aspects of the first section is that 80% of the lots back to parkland (per Standard Pacific reresentative). The Austin Independent school track should be Kiker Elementary, Gorzycki Middle school and Bowie high. Certainly there is demand for this location in SW Austin.