A completely updated house in Highland Park West

Just a short drive off 2222, tucked inside the very family friendly and quiet  Highland Park West neighborhood is 3601 Arrowhead.

Front of house with covered porch, and galvanized rain gutters.
Front of house with covered porch, and galvanized rain gutters, and fresh landscaping
Tif Bermuda sod front lawn.
Tif Bermuda sod front lawn.

The home is set back from the street, and framed with a large expanse of Tif Bermuda Sod.  The straight driveway to the right of the property leads up to the insulated carriage red garage doors with electric openers.  Inside the 2-car garage is the laundry area (the new washer and dryer are included with the house).

Cement and tile front porch.
Cement and tile front porch.

Walking along the covered front porch, you are greeted by a custom lead glass door.  If you choose to ring the doorbell, you will hear a different, but familiar chime, announcing you are home.  And when you enter the home, you realize there has been a complete and total renovation.

Tile floor in Entry Way with Lead Glass Front Door
Tile floor in Entry Way with Lead Glass Front Door

The tiled entry leads to the to a fantastic open floor plan.  Even with the openness, there is still a formal dining room, and formal living room.  When the renovations were done, the original home owner hired Austin Architect Debra Blessman, who did a remarkable job.  It just feels like the house has always been like this, and it is great for entertaining, or just the busyness of modern day to day living.

Formal Dining Room with Maple Floors and coved ceiling.
Formal Dining Room with Maple Floors and coved ceiling.

The open, yet still formal dining room is to the right, and is defined by large windows, a raised ceiling with recessed lighting, and beautiful 5″ wide dark maple floors.   There’s room for a dining table that would seat 10-12, plus a china hutch, or sideboard.

Living room open to dining room and kitchen area.  Maple floors throughout.
Living room open to dining room and kitchen area. Maple floors throughout.
Dining Room and Entry Way.
Dining Room and Entry Way.

The wall that once separated the dining room from the living room has been removed without a trace, and the maple floors run the distance into the living room.  Bright and open, there are many different ways you can arrange your furniture in the space to suit your lifestyle.

Living room and Sunroom
Living room and Sunroom
Corner of Living Room
Corner of Living Room
Kitchen and Breakfast area.  Open to Sunroom.
Kitchen and Breakfast area. Open to Sunroom.

The living room opens to the fully remodeled kitchen.  There’s space for a bistro table, or other eating area.  New white cabinets, have either glass doors, or raised panels.  All the doors and drawers have modern stainless hardware, and european style hinges.

Island covered with brown granite countertop
Island covered with brown granite countertop
Austin Real Estate 7
Austin Real Estate 7
Kitchen with glass door cabinets, recessed lighting and stainless steel appliances.
Kitchen with glass door cabinets, recessed lighting and stainless steel appliances.
4-burner gas oven, stainless steel microwave, and corner kitchen sink.
4-burner gas oven, stainless steel microwave, and corner kitchen sink.

There is a perfectly sized island in the center of the U-shaped kitchen.  Lots and lots of counter space, all of it covered with granite countertops.  There  is a small window above the corner mounted kitchen sink, and a solartube is strategically placed above the island to make the room very bright and clean.  Of course all the appliances are new and stainless, and they come with the house.

Long sunroom with french doors opening to patio.
Long sunroom with french doors opening to patio.
Carpeted Sunroom with arched roofline and los of windows.
Carpeted Sunroom with arched roofline and los of windows.

 

My favorite room of the house is tucked behind the living room.  There is a large bonus room with high ceilings, and a wall of windows looking out onto the back yard.  It’s carpeted, and painted white.  It’s just the kind of place you want to have a morning cup of coffee, or have a game night, or if it is stormy outside, just sit there and listen to the rain

Backyard, with french doors leading into sunroom.
Backyard, with french doors leading into sunroom.
Backyard patio
Backyard patio
Backyard Patio #2.
Backyard Patio #2.

French doors on opposite ends of the room open to patios in the backyard.

All the bedrooms have brand new carpet.
All the bedrooms have brand new carpet.
Bedroom #1 with built in cabinets along door wall.
Bedroom #1 with built in cabinets along door wall.
Bedroom #2.
Bedroom #2.

On the other side of the house are the 3 bedrooms. The first bedroom has a fantastic built in cabinet system on the same wall as the door.   Painted white, and stretching from the floor to the ceiling, this is great for storing books, games, videos, or nick-nacks.  The other bedroom seems a bit larger, and has windows looking out onto the backyard.

Updated Bathroom
First bathroom with jetted garden tub, granite countertop, and unique tile feature on wall.
Large mirror in first bathroom with extra linen closets.
Large mirror in first bathroom with extra linen closets.

The two smaller bedrooms share a large bath with a jetted garden tub, and cool tile feature on the wall.

Expansive Master Bedroom with arched ceiling
Expansive Master Bedroom with arched ceiling
Large walk in closet in master bedroom.
Large walk in closet in master bedroom.
En-Suite Master bath with dark granite countertops, and glass brick windows.
En-Suite Master bath with dark granite countertops, and glass brick windows.
Pebbeled shower floor.
Pebbeled shower floor.
Unique Tile that looks like linen in the master shower.
Unique Tile that looks like linen in the master shower.

 

The master suite is exceptionally large.  A king size bed easily fits with lots of room to spare.  There are two double doors that open into a walk in closet, and the on suite master bath has some of the coolest tile I’ve ever seen in the walk in shower.

Mailbox and doorbell
Mailbox and doorbell
Antique door hardware.
Antique door hardware.
Modern stainless steel rod drawer and cabinet handles.
Modern stainless steel rod drawer and cabinet handles.
4-burner staineess gas stove with stainless steel tile backsplash.
4-burner staineess gas stove with stainless steel tile backsplash.
Jetted Garden Tub with soap alcove.
Jetted Garden Tub with soap alcove.

There is so much more though in this down to the studs remodel: a new roof, all new mechanicals for the HVAC unit, and an automatic sprinkler system for both the front and back yards.

Dual cariage garage doors with electric openers.
Dual cariage garage doors with electric openers.

Originally built in 1958, one family has lovingly called this house home.  Whoever gets this house will have some great schools: Highland Park Elementary (love the scottie dog mascot), Lamar Middle, and McCallum High School, too.  Is it wrong that I want to move to this district just for the mascot?

If you want to see this home, let me know.  It’s fantastic, and super move in ready.

A completely updated house in Highland Park West” Click to Tweet

This information deemed reliable, but not guaranteed, as of the time of writing.

Celebrity Airstream trailers

Austin is known for Airstream trailers.  They are all over town.  Entrepenours use them to sell cupckaes,  Photographers use them as Photobooths, but when you see this particular one, you know a movie star is nearby.

Welcome to Matthew McConaughey’s 2004 Airstream International CCD 28. She’s a 28-foot-long beauty nicknamed Canoe, and has a snug little bedroom, a living area with table that can be used for eating or writing, a small bathroom, a living area, and of course the little kitchenette.  It’s been highly customized, too.  With custom book racks for his scripts and journals, ceiling netting for all the odds and ends one needs when traveling, a BBQ on the back, and even a satellite dish on the roof.

Usually it’s parked somewhere in Malibu, but recently Canoe has been seen in front of a particular house in Austin.  More on that later, though.  For now, let’s take a look at the photos.

Matthew McConaughey's First Airstream Trailer
Matthew McConaughey’s First Airstream Trailer

Here it is.  The Celebrity Airstream Trailer.

Burlap curtains curtains keep prying eyes from looking inside the metal tool box
Burlap curtains curtains keep prying eyes from looking inside the metal tool box

In this photo, you can see an authentic Squamish Nation Oar, given to the actor on a road trip to Vancouver which inspired him to name the stainless steel trailer the Canoe.  “The oar guides the canoe, guides you through life—so I named the Airstream the Canoe. I mean, the highways are like riverways, they’re just concrete.”

Check out his customized dining room table
Check out his customized dining room table

I don’t know if you have ever been in a real Airstream Trailer.  They are roomy, but not really that big.  And as we all know, McConaughey is 6″ tall, and sitting at a regular sized camper table is a bit uncomfortable.  Especially when you want to hold a meeting there, or have a meal with more than 2 people.  So he customized it, and made it fit his lifestyle a little better.

Matt updated the kitchenette, but not by much
Matt updated the kitchenette, but not by much

The kitchen is just the right size.  A little 3 burner gas stove, a small sink, and some storage.  There is a BBQ on the back which does most of the work of feeding people, but sometimes you need to open a bottle of wine, or fire up a battery powered blender to make some some margaritas to sip on the beach.

Who wouldn't want to sleep by the beach in Malibu?
Who wouldn’t want to sleep by the beach in Malibu?

Thanks to Jim McHugh for the great photos.  And a Hat tip to A.D. for the inspiration.  Stay tuned for tomorrow’s post about his lakefront Austin home.

Lance Armstrong's House in Austin

Update – Lance has moved.  View his new Austin house here.

I’m starting a new segment on the blog today.  As a Realtor, I get to see some pretty spectacular homes, and I thought it would be cool to share some with you.  To kick things off I want to share a home I’ve always admired, here in Austin.

I’ve been a fan of Lance Armstrong for a long time, even if his racing victories have an asterisk, he has still done so much for cancer patients through his Livestrong Foundation.  One of the few things I’ve followed for a longer amount of time is Architectural Digest magazine.

So when I remembered that A.D. did a feature on L.A., I thought what a perfect way to begin. Let’s start with the amazing architectural photos by Robert Reck.

Lance Armstrong's Spanish Colonial Home
Lance Armstrong’s Spanish Colonial Home
Lance Armstrong's Yellow Jerseys on display
Lance Armstrong’s Yellow Jerseys on display

Here is the media/family room.  It is both formal and casual cozy a the same time.  Its the kind of space that would be well suited for an after dinner cocktail, or to make a giant pillow fort in on a cold rainy saturday afternoon.  The warm colors are accented by the prominently displayed yellow Jerseys from the Tour de France.

Famly room with arches
Famly room with arches leading to a stone staircase

According to Architectural Digest, Materanek, worked closely with his  associate Jill Zamen,  to select a variety of  “clean-lined furnishings and textural fabrics” for the this room.  Casual Formal.  Perfect!  I could just sink into that leather chair and spend all afternoon with a great book.

Kitchen with dark wood cabinets
Kitchen with dark wood cabinets

Here’s the kitchen, the hub of the home.  I love the wood floors and dark stained cabinets, with matching granite countertops and seating.  It all just fits together.  I know white kitchens are all the rage right now, but this doesn’t seem heavy, even with all the dark colors used.  The windows just let so much light in, and the stainless steel appliances by Viking catch and reflect just enough to make the place seem bright.  The family photos lined up on the ledge above the windows give the space a personal touch.

Lance Armstrong's bedroom
Lance Armstrong’s bedroom

In the master bedroom, the painting above the bed is from Spain (where the cyclist would often race), and it perfectly matches the colors in the persian rug.  Not shown in this photo is a stainless steel fireplace with built in media center.  The lamps on either side of the bed are from McGuire.

Living Room with round chandelier
Living Room with round chandelier

This is the formal living room, and I see little bits of international design influences throughout the space.  A bit of Spanish, some English design, a bit of tropical and even Asian inspired elements complete the room.  The combinations of silk and chenille fabrics are comfortable yet upscale, and the flowers on either side of the fireplace make the space more

 

Living Room with round chandelier
Living Room with round chandelier

Framed by lighted palm trees, the pool cabana has a fireplace for year round entertainment.  Gothic style lanters outside, and a matching chandelier inside the structure provide the perfect lighting for all occasions.

Pool Cabana framed by cypresses
Pool Cabana framed by Tall Cypress Trees

Who wouldn’t enjoy a margarita sitting in these fantastic lounge chairs by Janus et Cie.  They have both an old world style with a modern touch.  The draperies, flowers, and open beam ceiling finish off this perfect outdoor room.

Outdoor Terrace
Outdoor Terrace

In this additional outdoor room, the chairs and patio furniture are alsy by Janus et Cie.  All the landscaping was done by the Austin frim of LandWest Design Group.

Designed by Interior Decorator, Roy W. Materanek,  the rooms have a warm, comfortable family feel.  Based in Austin he uses masculine tones to convey a sense of power, yet still remain comfortable in the settings.

Edited to add:  I just learned today where the house is located, and I’m schocked to learn where it actually is!  I’ve driven by it about a million times, and never realized that he lives so close to Town.  Here’s a hint:  It’s in Tarrytown.

What do you think?  Could you live here?  I know I could.

 

Absorption Rate in Real Estate

One of the most common questions I get from people interested in selling their home is:

“How long will it take for my house to sell?”

I like to use a simple formula called the Absorption Rate to give a realistic estimate to sellers.  Its a great tool that relates supply and demand in the housing market, and can be used for individual neighborhoods, specific price points, or even to evaluate a specific agent’s marketing efforts.

In order to calculate the Real Estate Absorption rate, only three paramaters are needed:

  1. The total number of active listings
  2. The number of homes that has sold
  3. The time period that the number of homes has sold over.

Here’s the formula:

First calculate the average number of sales per month:

Number of sales per month = (Number of Homes sold over specific) / (time period)

Then calculate the absorption rate

Absorption rate =  (Total number of active listings) / (Number of sales per month)

Here’s an example using made up numbers:

Number of Sold Homes = 33,163
Number of Active Homes = 14,156
10 months
So using  the above numbers and formula you get:
33,163/10 = 3316.3
14,156/3316.3=4.268

Absorption rate  = 4.27 months to sell all the houses currently in the inventory in this made up market.

Remember, the Absorbtion (incorrect spelling on purpose for SEO) rate does not account for new houses being listed on the market, nor does it take into account Withdrawn or Expired listings either.