A returning investor is under contract for his third property in Central Texas. This time, it's a posh duplex that's located less than a mile away from Samsung's swank new processor plant.
When a new segment of SH 130, or Toll 130, opened from Hwy. 290 to Hwy. 71 last month, it gave cities in north Travis and Williamson counties direct access to the Austin-Bergstrom International Airport, and potentially, to increased commerce.
Hutto city leaders have agreed to give a developer incentives worth about $52 million for a 466-acre mixed-use development, the largest in city history and possibly more than what Austin awarded in its controversial package for the Domain.
At 21 stories, the project at Rio Grande and 21st Street will be the tallest in the West Campus area. The $44 million development will have one, two and three-bedroom units as well as about 4,000 square feet of ground-floor retail space. The developer, Cobalt Land Development Ltd., say the first occupants should be able to move in as early as spring 2009.
Allstate Insurance Co. has created a new homeowners insurance policy in Texas geared toward real estate investors who are renting homes until they can 'flip' them.
In a tax-Peter-to-pay-Paul move, the House voted Thursday to permanently remove the "phantom income" tax penalty that haunts financially distressed homeowners whose debt is partially forgiven by a lender after a foreclosure or a short sale to avoid foreclosure.
A major credit card company is ending a long-standing practice that critics have said raised many of its customers' borrowing costs when they applied for mortgages and home-equity loans.
A returning investor is under contract for his third property in Central Texas. This time, it's a posh duplex that's located less than a mile away from Samsung's swank new processor plant. 
When a new segment of SH 130, or Toll 130, opened from Hwy. 290 to Hwy. 71 last month, it gave cities in north Travis and Williamson counties direct access to the Austin-Bergstrom International Airport, and potentially, to increased commerce. 
The latest study reveals that Austin's tourism industry is thriving, according to the Austin Convention & Visitors Bureau. 
At 21 stories, the project at Rio Grande and 21st Street will be the tallest in the West Campus area. The $44 million development will have one, two and three-bedroom units as well as about 4,000 square feet of ground-floor retail space. The developer, Cobalt Land Development Ltd., say the first occupants should be able to move in as early as spring 2009. 
Allstate Insurance Co. has created a new homeowners insurance policy in Texas geared toward real estate investors who are renting homes until they can 'flip' them. 
In a tax-Peter-to-pay-Paul move, the House voted Thursday to permanently remove the "phantom income" tax penalty that haunts financially distressed homeowners whose debt is partially forgiven by a lender after a foreclosure or a short sale to avoid foreclosure. 
A major credit card company is ending a long-standing practice that critics have said raised many of its customers' borrowing costs when they applied for mortgages and home-equity loans.