Rosewood Austin Texas

Rosewood Real Estate

Located in the central-east part of Austin’s Urban Core, the boundaries for the Rosewood Planning neighborhood are Manor Road on the north, Airport Boulevard to the east, Oak Springs to Webberville Road on the south and Northwestern to Rosewood to Chicon to 12th Street north along Austin NW Railroad to Martin Luther King Boulevard to Stafford to Rogers to Walnut. The Rosewood Neighborhood is a combination of several smaller associations and includes Rosewood Village-Glen Oaks, historic Foster, Homewood Heights, Pandora-Oak Springs, McKinley Heights, Clifford-Sanchez, and Austin Heights-Lower Boggy Creek.

Adopted by the City of Austin in 2002, this area is experiencing an exciting change as development guidelines are being implemented throughout the area.  These new guildelines include garage apartments (secondary units) being permitted as an accessory use on residentially zoned lots. In addition, single-family uses will be permitted on existing lots of 2,500 square feet or greater (small lot amnesty).  Other considerations are to allow Neighborhood Urban Center site development and a conditional overlay to be applied to Manor Rd , East 12th Street, Rosewood Ave. and Martin Luther King Blvd. to limit certain commercial uses.

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Homes in Rosewood

The diverse mix of single-family homes, condominiums, commercial and mixed used projects, green spaces, and transit oriented development make for a vibrant inner city community that is poised to integrate its past into the 21st century. While this area provides an excellent opportunity for investors and first-time buyers, the range in home prices is enormous.  Small fixer-uppers can cost $100,000 while larger historical homes have fetched prices close to $1,000,000.   The area is bustling with the recent construction of multi-use condos, and the vertical/mixed use (VMU) policies adopted by the city are allowing for lively walking streets with living spaces above.

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