You’ve probably read all the stats about Mueller – lots of parks, lots of commercial real estate, lots of different housing types, and a public private partnership between the City and the Master Developer – Catellus. What does it all mean if you want to buy a home in Mueller?
First, there’s nothing else like it in Austin. Green homes with a variety of rating schemes and scores (all are at least 3 out of a maximum 5 star in Austin Energy’s Green Building Program). Extremely close to UT and Downtown. A variety of different price points (including market rate homes from $560,000 on up), and a Children’s Hospital just down the street.
Second, demand is pretty high – after a brief slowdown at the start of the development, the project is going full bore again. The project is over three quarters complete in terms of residential housing, and 2020 looks to be the year when new home sales come to a close.
It also means some home sales happen off MLS, and that’s why I set up a separate website to capture all of the housing opportunities – new homes, off market listings, and of course, homes listed for sale at Mueller.
The other thing is that Mueller is a master planned community based around new urbanism. What this means in practice is that there’s a departure from the typical car-dependent commuter design. The homes all have parking of course, but the aim is to bring transit in (there’s space for a street car), and for the area to be walkable. The Town Center is one example of a destination within the neighborhood itself, with an Alamo Drafthouse for example. There are swathes of green space and parks too, and a HEB grocery store with its satellite of typical food and services.
The neighborhood has homes for all budgets (except for the excluded range of $250,000 – $550,000 which will hopefully be addressed soon). It’s a different way of life, and worth exploring.
There is also an income qualified Affordable Housing scheme that we detail on our main Mueller site which not only sells new homes for people earning less than 80% of the Austin Median Family Income, but resale affordable homes for people earning up to 120% of that same figure.