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The holiday season is a wonderful time in central Texas, as leaves turn and the burning heat of summer gives way to cool, brisk mornings and cold, sunny afternoons. Cold weather clothing replaces shorts and flip flops and fire places come to life for a few special months it's a beautiful time to be in Texas. One of the annual highlights of this special season is the widely popular Hill Country Holiday Wine Trail for three weekends in December, leading up to Christmas, no less than two dozen of the Texas Hill Country's top wineries open their doors to 400 couples, offering wine tastings, specially-crafter ornaments and general holiday cheer. Growing every year, the Hill Country Holiday Wine Trail offers a unique opportunity for couples and groups to experience the best of Texas Hill Coun... 11/20/2008

•Sky Realty Inc. is a branch off from Shelton Properties, which has been active in West Lake and the Austin area for over 60 years. Our Broker Jeffrey Dochen has been a real estate broker since the late 1970's, and has completed several small subdivisions in this area including, The Forest at Westlake, The Gardens, Bridgeview Terrace, and is currently developing one called Rob Roy West on Bee Cave Road. •His step father, Emmett Shelton, began purchasing land in the West Lake area in the 1930's.  He built most of the roads such as Westlake Drive, Red Bud Trail, The High Road, Toro Canyon, etc.  In 1953 Emmett started the city of West Lake Hills. He started the local fire department, the water system that became Water District # 10 which serves most of the West Lake area.  When Eanes Scho... 10/25/2007

Westlake, Texas - Davenport Real Estate The Davenport area is located in Westlake off of Capital of Texas Highway (Loop 360) and Westlake Drive. Davenport is an affluent neighborhood located within the award winning Eanes School District. There are currently 21 homes on the market in Davenport Ranch and Davenport West with an average list price of $1,809,619. Homes in Davenport range in price from the mid $400's for an older 1980's home to over $4 million for new construction. Here are some Austin MLS statistics for homes sold in Davenport Ranch and Davenport West (January 1st - August 28th, 2007)   List Price Square Feet $/SF Bedrooms Full Baths Living Areas Year Built Sales Price LP:SP% Days on Market Min $429,000 2237 $121.48 3 2 1 1983 $425,000 87%  1 Avg $903,370 3899 $213.78 4 3 2... 08/27/2007

The market for office condo and office buildings is in tight supply in the Southwest Sub-market.  I recently performed a comps analysis for the area and was interested to see the rise in general price levels for office condo projects. Currently there are a couple of new projects that are under construction or partially completed.  These newer projects are asking $298 for completed shell or $200 to $215 for shell space.  One has to start to wonder if the advancing availability of credit is fueling excessive pricing in this market.  After performing a discounted cash flow financial analysis on a standard purchase of a 4,300 SF office condo, assuming market rents of $24.50 with $.50 bumps for five years, the deal presents a positive IRR at a sales price of $300 PSF.  This analysis assumed ... 08/21/2007

Westlake Hills, Texas Westlake Hills is a village located just outside of Austin that encompasses only 4 square miles, but the community is close knit and enjoys a special way of life. The city is unique in many ways.  The people of West lake Hills are dedicated to preserving the rural environment and maintaining the natural beauty of the area. The city supports only about 3100 residents.  They are incredibly friendly and enjoy outdoor activities such as boating and golfing. West lake Hills is in the Eanes School District which means excellence in academics.  Living and raising a family in West lake Hills is about as good as it gets.  West Lake Hills Real EstateSky Realty Agents can help you find your dream home in Westlake Hills 08/15/2007