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Round Rock, Texas

Updates on Round Rock Homes for Sale

125-acre mixed-use development underway in Grand Prairie

July 26, 2021
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​GRAND PRAIRIE – The city and Omniplan have created a preliminary masterplan for Gateway at Grand Prairie, a 124.5-acre mixed-use development near I-30 a​nd Belt Line Rd. Plans include retail space, a hotel, apartments, and 2.5 million sf of office space. The Texas Real Estate Research Center has more information like this online: Dallas-area mixed-use news Local office news ​Texas […]

Texas jobless claims rise for third straight week, even without extra benefits

July 23, 2021
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​​​​​​​​​​COLLEGE STATION – ​Even without extra federal unemployment assistance, initial jobless claims continue to increase as the labor market gradually recovers​​​.​​​ Initial claims in Texas increased to​​​​ 43,500 the week ending July 17. About 5.34 ​​million unemployment claims have been filed since​ March 21, 2020, according ​to U.S. Department​ of Labor (DOL) data.  Continuing unemployment claims increased ​to 185,000 the week ending July 10. "Transitions from unemployment to employment have likely been […]

$36.5M elementary school opening in Aledo

July 23, 2021
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​​ALEDO – Satterfield & Pontikes is nearing completion of Annetta Elementary School, a $36.5 million project that will support 800 students. Located at 2396 W. FM 5, the 107,391-sf project features grade-level pods with collaborative learning spaces and an open library that overlooks a learning​ hub. PBK was the architect, and Dunaway was the structural engineer. Opening […]

Kinloch to construct 500 build-to-rent homes in Royse City

July 23, 2021
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​​​​​​​​​​​​​ROYSE CITY – Kinloch Partners LLC has purchased multiple lots with plans for a build-to-rent subdivision. The homes will range from 2,000 to 2,500 sf and be priced from $200,000 to $300,000. Rent will be under $2,000 per month. Kinloch will build 500 rental homes in the next 18 months.  The Texas Real Estate Research Center has more information on […]

June 2021 Existing-Home Sales Bounce Back as Home Prices Hit Second Highest Pace

July 22, 2021
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NAR released a summary of existing-home sales data showing that housing market activity this June increased 1.4% from May 2021. June’s existing-home sales reached a 5.86 million seasonally adjusted annual rate, and June’s sales of existing homes increased 22.9% from June 2020. The national median existing-home price for all housing types rose to $363,300 in […]

Chicago insurance company consolidating into Las Colinas office

July 22, 2021
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​​​IRVING – HUB International is c​​​onsolidating its Dallas-area operations into 30,000 sf in the Beltline Office Center. Located 8222 N. B​​elt Line Rd., the office is being designed by Ted Moudis Associates and will open at the end of 2021. Cushman & Wakefield leases the Beltline Office Center, which is owned by UBS Real Estate.  […]

Instant Reaction: Mortgage Rates, July 22, 2021

July 22, 2021
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“Mortgage rates dropped significantly this week, providing some relief to homebuyers even as home prices are reaching new record highs. According to the mortgage finance provider Freddie Mac, the 30-year fixed mortgage rate plunged to 2.78% from 2.88% the previous week. Nevertheless, many first-time homebuyers are being priced out despite these historically low mortgage rates. […]

California investor acquires Uptown Dallas high-rise

July 21, 2021
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​​​DALLAS – The Kor Group has purchased the 21-story Gables Uptown Tower on McKinney Ave. Built in 1986, the tower has 200 rental units and 15,000 sf of ground-floor retail space. The building is 90 percent occupied with rents starting at $1,200. JLL marketed the property. The Texas Real Estate Research Center​​​​ has more multifamily […]

70K-sf DeSoto retail center trades hands

July 20, 2021
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​​DeSOTO – Harkinson Dewan Management LLC has purchased the 69,090-sf Center City shopping center from Global Fund Investments.  The property at the southeast corner of E. Pleasant Run and Hampton Rd. is anchored by a​ Tom Thumb grocery store. Cushman & Wakefield represented the seller.  The Texas Real Estate Research Center has more on DFW’s retail market: ​​Texas Quarterly […]

MC Cos. acquires two Katy apartment communities

July 19, 2021
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​​​​KATY – Arizona-based MC Cos. has acquired two adjacent multifamily properties​ totaling 648 units.  The 384-unit Enclave at Cypr​​​ess Park and 262-unit Paramount Apartments both have one​-, two-, and three-bedroom units.  Amenities include pools, fitness centers, spas, and resident clubhouses. The new owner will combine and rebrand the properties as The Place at Barker Cypress. CBRE represented the sellers and […]