According to TRD, Tri Pointe Homes has started building the first of 334 single-family homes it plans. The firm expects to continue building as part of Lariat's first phase until 2025 or 2026. Exact price points haven't been revealed, but Tri Pointe said prices could start at under $400,000.
😀 This time, Market Stadium analyzed the “Single-family market in Liberty Hill, Austin TX”
Here’s Market Stadium Overall Opinion
🔥 Analysis Location
Liberty Hill, Texas 78642, United States (Google Map)
🔥 Highlights
The Area still has a room to growth and it has a moderate potential for the next 3 year in terms of housing value appreciation. Check our Forecast Score
Demand is Working Population (35 to 44) with a income of $103k+ & 37% bachelors or higher %
Supply seems to be Single-family with 3&4 bedroom unit type
A single-family building permission has been decreasing (currently lower supply level) (Check our data)
A relatively better school district (Check our data)
A vacancy had been decreasing (Check our data)
A faster growth of six figure earner % (Check our data)
Major University:
- Southwestern University (17 miles)
- University of Texas at Austin (28 miles)
- St Edward's University (31 miles)
Major Airport:
Austin - Bergstrom International (40 miles, 40 mins by car)
🔥 Opportunities
Vulnerable to flood risk. (Check our data)
Single-family value has been decreasing. (Check our data)
Unemployment rate is still a bit high. (Check our data)
Violent Crime rate in County that includes the area seems high. (Check our data)
Overview
Address: Liberty Hill, Texas 78642, United States
- Score Overview
- Currently, tier 3 market - relatively more stable market
- For the past 3-year growth, tier 6 growth market - moderate growth market
- For the next 3-year forecast, tier 6 forecast - it is predicted that housing prices will increase by 8.06% annually for the next 3 years.
- Market Stadium Overview: Already established area and had generally been growing faster than other areas for the past 3 years
- Avg. Single-family Value: $ 404,935
- Housing Value YoY growth (last 3-year): 5.88 YoY %
- Housing Value YoY Forecast (Next 3-year): 8.06 YoY %
- Housing Rent YoY Forecast (Next 3-year): -3.04 YoY %
- Market Stadium Supply & Demand Factors:
- A majority/ Fast growing residence - Ages 35 to 44
- Owner-occupied & Single-family are dominant
- 3 & 4 bed are dominant
- 3-bed Sales price per sqft: 225 PSF
- 4-bed Sales price per sqft: 222 PSF
Market Stadium Major Stats:
- Median Income (all): $101k
- Median Income (25-44): $103k
- Bachelor’s or above (all): 37.3%
- Bachelor’s or above (25-34): 29.9%
- Land Regulation: Moderately Regulated
- Major University: University of Texas at Austin, Southwestern University, St Edward's University
- Major Airport:
- Austin - Bergstrom International (40 miles, 40 mins by car)
- Retail nearby
- Commute (where to commute)
- Flood Risk
- School District Score
- Schools (Red > Orange > Yellow)
Key Factor Time Series:
- Population Forecast
- Employment Forecast (# of employment)
- Single-family Value
- Vacancy % (all units)
- Owner-Occupied unit % (Single-family)
- Job Openings (total jobs) around Zipcode area that includes the site
- Unemployment Rate %
- Violent Crime by County-level (Violent crimes per 100,000 population)
- Single-family Building Permits (numbers of permissions)
- Six Figure Earner %
