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Data shows rise in home prices in Lake Travis-Westlake area

The median price of homes sold in the Lake Travis - Westlake , according to data provided by Unlock MLS.

The overview: Five out of seven ZIP codes in the Lake Travis - Westlake area saw a year-over-year uptick in the median prices of homes sold in June.

The market as a whole saw the median price increase by approximately $230,000 in the month of June. The majority of homes sold for over $900,000.


As prices rose, the market saw little change in the number of home sales. While four out of seven ZIP codes saw an uptick in single-family sales, overall the market only had five more home purchases year over year in June.

However, pending sales increased from 371 last June to 410 this June.

 
On The Business Beat
Leif Johnson Ford to relocate to Bee Cave

Leif Johnson Ford of Austin will relocate to a new location in the Bee Cave area.

The overview: The dealership sells new and certified pre-owned Ford vehicles. Leif Johnson Ford also has locations in Manor and Buda.

What else: The relocation comes as the company was also recently awarded the naming rights for Lake Travis ISD’s Cavalier Stadium field.

The stadium will now be referred to as the Leif Johnson Ford Field at Cavalier Stadium, after LTISD board trustees awarded the field naming rights to the dealership in June. According to officials, the sponsorship includes an annual contribution of $92,000 and an additional $25,000 to cover the cost of signage.

  • Opening in September

 

FOODIE FRIDAY
Check out these new restaurants and bars opening across the Austin area.

Graze Craze opens Pflugerville location

Charcuterie catering franchise Graze Craze has expanded into Pflugerville with a new shop in Three Points Plaza. The location marks the brand's first outside Austin proper, giving local residents, businesses and event planners access to handcrafted charcuterie offerings for corporate events, celebrations, client gifting and everyday entertaining.

There will be a ribbon-cutting Aug. 13 at noon, in collaboration with the Pflugerville Chamber of Commerce, featuring complimentary samples, giveaways and a first look at the new space.


Read now.

 

🍗 Duff's Famous Wings now open in Northwest Austin
(Read more)

😋 Atomic Wings now open in Leander's Southbrook Station
(Read more)

🍛 Desi Circle Express now open in Pflugerville
(Read more)

 

The Reel Seafood & Grill serves up Cajun-style dishes in New Braunfels

The Reel Seafood & Grill’s most popular dish is the seafood fondue. The restaurant’s most sold item is its fried shrimp, which is stripped, butchered and hand-battered in-house. The restaurant also offers wild caught fish such as mahi and flounder, and sustainable, or farm-raised, fish.

For the land-lovers, The Reel serves chicken fried steak and chicken-fried ribeye with scratch-made gravy along with a vodka Parmesan cream sauce that complements their pasta dishes. The Reel also has its Reel Burger, which is made with a blend of brisket, short rib and chuck.


Read now.

CI Texas
Texas on track to see record-breaking power demand amid triple-digit heat

With large parts of the state under an extreme heat warning or heat advisory through July 23, the operator of Texas’ independent power grid is projecting record-breaking electric demand this week.

What's happening: As of 3 p.m. July 22, there were 90,027 megawatts of demand on the grid with 113,543 megawatts of power available, according to the Electric Reliability Council of Texas' real-time supply and demand dashboard. One megawatt of electricity can power about 250 homes during peak times.

This would break ERCOT’s current demand record of 85.5 gigawatts, which was set during an August 2023 heat wave. ERCOT spokesperson Trudi Webster cautioned that this week’s demand records are preliminary.

What it means: Texans should not expect a grid emergency during this week’s extreme heat.

ERCOT previously projected that demand would surpass 92,000 megawatts this summer, due to high temperatures, moderate rainfall and the growth of data centers.

This week's triple-digit temperatures come during the sunniest parts of the day, allowing the state to rely in part on solar energy to power the grid.

 

Your local team

Grant Crawford
Editor

Taylor Stover
General Manager

Email [email protected] for story ideas, tips or questions.

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