Real Estate Blog

Eanes ISD Approves $154.2M Budget for Upcoming School Year

The school board of the Eanes Independent School District has unanimously approved a $154.2 million budget for the upcoming school year 2016-2017. To meet the needs of the district, the board has approved withdrawal of $1.7 million from its fund balance.

To fund other school districts in Texas with lower property values, about 59% of Eanes' property tax revenue worth $82 million will be redistributed to  the state's "Robin Hood" school finance system. The amount is said to be more than what Eanes pays its teachers and staff at $62.1 million.

This school year's budget requires lesser withdrawal from the district's reserves, mainly because Travis county tax assessments are currently 9.7% higher than in 2015. Another bit of good news is that the Eanes Education Foundation donated $2.02 million toward teacher salaries. With 86% of the budget going to pay roll, the district stays aligned with its focus on hiring quality staff to maintain academic excellence in the district.

Read about how Eanes ISD placed second in's ranking of "Best School Districts in the U.S." here.

In a list of best school districts in the United States, Eanes ISD placed second. We have yet to see if the direction of the school district will help it keep its top spot in the rankings of U.S. school districts.

Want to know more about the latest updates on Eanes ISD? Check out our blog or access the Statesman news article from which this post was based here.


Eanes ISD is Texas' Best School District's latest list of best school districts in America features Austin's Eanes Independenet School District in second place, witth Pennsylvania's Tredyffrin-Easttown School District ranking first.

Niche graded each district using several factors, such as academics, health and safety, parent and student surveys, and student diversity. The site's parent/student surveys which weighed 10% of the district's actual grade was the only independently reported information among all factors considered. Academics was worth 50%; factors like poverty were not considered in the ranking.

Austin's Eanes ISD garnered mostly "A" marks except for the factor of student culture and diversity wherein it garnered a "B-". A local district fact sheet mentions that the population of Eanes ISD is 71.6% white. Overall, the district earned a grade of "A+".

Located in Travis county, the district is composed of six elementary schools, two middle schools, and one high school-- all of which serve a student population of over 8,000. The district reportedly spends $18,000 for each student and is esteemed to be the reason why the district is a top-performing one.

To read more about the original news article from which this blog post was based, please click here.


Travis County Home Values Rise by 9%

Travis Country Home Value Rose by 9% in 2016The Travis Central Appraisal District reports that home values in Travis County rose by an average of 9% this year, thanks to the region's job and population growth that's driving the housing market. Showing no signs of slowing down, it is the “seventh year of positive trends in its [Austin's] real estate and overall economy,” says the appraiser. 

The average market value of a Travis County home with a homestead exemption rose from $355,312 to $387,537 in 12 months, says chief appraiser for the Travis Central Appraisal District, Marya Crigler. The average taxable home value (which is computed by substracting exemptions from the market value) rose by 8.7%, with prices ballooning from  $262,462 last year to $285,335 today.

In 2015, the average residential market value rose by 11% from 2014 data, with average taxable home value climbing at 9%.

The overall preliminary taxable values in Travis County this 2016 increased 20% from last year's percentage. The total value of all residential and commercial properties rose from $137 billion to $164 billion, with commercial values being a major factor in the increase.

Are you a Travis County home owner? Are you looking to buy a property in the Travis County area? Would you like to capitalize on this amazing opportunity? Get in touch with us today or call us at (512) 522-4659 today and we'll assist you with your real estate...

The Importance of Home Inspection and Maintenance for Fire Prevention

Travis Country locals were shocked when a fire erupted in a residence in the area, prompting firefighters to cordon off the scene and prevent the quick-moving fire from spreading to nearby homes.

The incident serves as another reminder about why home owners need to value home inspection and maintenance. Because no matter how good you are at keeping your home in tip-top shape, a professional eye in identifying potential hazards and a proactive home maintenance regimen from experts are just about the two things that can guarantee your home to be fire-proof. Here's how to have a fighting chance in fire prevention:

1. Schedule a regular home inspection, especially for electrical systems of old homes. Old homes require close monitoring of electrical wires to ensure that faulty wires that have been worn by time are detected and replaced before they could do any harm to the property and its occupants.

2. Remove junk from the house to prevent fire hazards that could start with small sparks. Stacks of old magazines and newspapers, oily rags, bottles/containers with flammable contents, and other similar items must not be stored inside the home. Conduct general cleaning in your home at least once per quarter. If there is a need to store flammable material in the home, make sure to keep it away from electricity, heat and direct sunlight.

3. Regularly check for vermin infestation. Pests such as house rats can do more harm than just nibbling on your food stores. Rats are somewhat attracted to the buzz of electricity, so don't be surprised to find wires chewed off. Keep the home free of rats and you can expect your house to last a few more years.


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