Searching for homes by school
January 5, 2008 at 9:56 pm , by Jenel Looney
The MLXchange software that I use to search for Georgetown Texas homes for my clients has a great deal of flexibility. If you have a deathly fear of stairs, I can gear the search to look only for single-story homes. If you want to live within one mile of your favorite H-E-B, I can pinpoint that grocery store on a map and search for homes only within a one-mile radius of it. Or if you don’t want to pull your seven-year-old away from her friends, I can search for homes in that particular school’s attendance zone. (A couple of caveats: One, Georgetown is growing at such a pace that attendance zone boundary lines are likely to change from year to year. And two, mistakes are sometimes made when listings are put into the system. If the school is important to you, you should speak with someone at GISD before purchasing the home.)
Just for fun, I decided to run a search for homes available within the Annie Purl Elementary School attendance zone. 72 residential properties listed as being in the Annie Purl zone are currently active on the market, ranging in price from under $80,000 to just under $365,000. If you bought a home for $80,000, and you paid 10% down, your principle and interest payment would be less than $500 per month on a 30-year loan with 6% interest. You’ll pay more than that per month when you factor in taxes and insurance, but still, it makes a lot of sense to use your money to build equity rather than giving it to a landlord every month. A home is an investment; an apartment is an expense. If you’re even beginning to think about making the leap from renter to owner, give me a call. I can put you in touch with a lender who can help you decide if you’re ready to buy and how much of a house you can afford. My number is 512-876-6544. There’s no obligation, and the lenders will talk to you for no charge. We love helping people to get into their first homes - nothing beats the excitement and pride of a first-time homeowner.
My favorite of the homes currently on the market in this area is a house I’m listing at 2001 S. Church Street here in Georgetown.
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A two-bedroom, two-bath bungalow in Old Town, this home has something special - a fully finished one-bedroom, one-bath apartment above the two-car garage. That means that whoever buys the house could use the apartment themselves, or they could rent it out to get help with the mortgage. It’s close to Southwestern University, so it should be pretty easy to keep rented. The house is delightful. It was remodeled last year - rewired, replumbed, re-roofed… And yet, it still has the red pine wood floors that were installed when the home was built by the Belford Building Company more about 80 years ago. Give me a call if you want to take a look for yourself. I’m very proud to show this home.
In the past six months, 72 homes sold within the Annie Purl Elementary School attendance zone. The least expensive of these homes sold for under $60,000 back in August. The most expensive also sold in August, for over $400,000. That large country home came with fourteen acres. The median price for the homes that sold in this area over the past six months was $149,500; the average was $161,250. The average size was almost 1900 square feet, and the homes spent an average of 71 days on the market. One home sold in just two days, while another languished on the market for almost three years.
Category Georgetown Real Estate / Tags: /
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