Why Should I Work With a Real Estate Agent in Austin?

Working with a local Austin real estate agent can help you better understand neighborhoods, pricing, market trends, property taxes, contract terms, and the buying or selling process. Austin’s market can vary significantly from one area to another, so having an experienced agent can make it easier to compare homes, negotiate effectively, and move through the transaction with more confidence.

Is Austin a Buyer’s Market Right Now?

As of July 2026, Austin has about 6.05 months of inventory, which generally indicates a buyer’s market. With more available homes and less pressure than the peak years of the market, buyers may have more room to compare options, negotiate, and take their time making a decision.

What Is the Median Home Price in Austin?

Austin’s median sold home price is $475,000 as of July 2026. While prices can vary widely by neighborhood, property type, size, and condition, this gives buyers and sellers a general benchmark for the local market.

Are Austin Home Prices Going Down?

Austin home prices are currently 13.6% below their May 2022 peak. The market is still finding its footing in 2026, with pricing conditions depending heavily on the neighborhood, home type, and buyer demand in each area.

How Many Homes Are Currently Listed for Sale in Austin?

There are currently 17,573 active listings in the Austin area, which is slightly down from last year. This gives buyers a wider range of options to consider while still requiring a smart search strategy to find the right property.

What Austin Neighborhoods Does Pauly Presley Realty Serve?

Pauly Presley Realty helps buyers, sellers, renters, and tenants throughout Austin and Central Texas, including West Austin, Central Austin, East Austin, Downtown Austin, and surrounding communities. Each area offers a different lifestyle, price range, and mix of homes, so working with a local agent can help you narrow your options.

Can a Real Estate Agent Help Me Rent an Apartment in Austin?

Yes. Pauly Presley Realty works with tenants as well as buyers and sellers. Whether you are looking for an apartment in Downtown Austin, a home in the suburbs, or a rental near work, school, or entertainment, an Austin real estate agent can help you compare listings and find options that fit your needs.

Can Pauly Presley Realty Help Me Sell My Austin Home?

Yes. Pauly Presley Realty assists Austin homeowners with selling their properties by helping with pricing, marketing, listing strategy, negotiations, and transaction guidance. An experienced Austin Realtor can help you understand current market conditions and position your home for the right buyers.

What Makes Pauly Presley Realty Different From Other Austin Real Estate Agents?

Pauly Presley Realty has served the Austin real estate market since 2005 and brings local knowledge, responsive service, daily-updated listing tools, and experience with buyers, sellers, tenants, and residential or mixed-use projects. The team understands Austin’s neighborhoods and helps clients make decisions based on their goals, budget, and timeline.

Can an Austin Real Estate Agent Help With Off-Market Properties?

Yes. Pauly Presley Realty has local connections throughout Austin and may be able to help clients learn about select off-market opportunities before they appear on the MLS. Availability depends on the market, property type, and client needs.

What Should I Look for in an Austin Real Estate Agent?

Look for an Austin real estate agent with local market knowledge, a valid real estate license, strong communication skills, neighborhood experience, negotiation ability, and a clear understanding of the buying, selling, or renting process. A good agent should also help explain terms, timelines, property details, and next steps in a way that feels easy to understand.

How Can I Start Searching for Homes in Austin?

You can start by using Pauly Presley Realty’s Austin property search tools to browse current listings, compare neighborhoods, narrow homes by price and features, and save custom searches. Once you have a clearer idea of what you want, an Austin Realtor can help you tour homes, evaluate options, and move forward with the right property.

Is Downtown Austin a Good Place to Live?

Downtown Austin can be a great fit for buyers or renters who want an active urban lifestyle close to restaurants, nightlife, entertainment, employers, and cultural attractions. It may not be the right fit for everyone, so comparing Downtown Austin with areas like West Austin, Central Austin, and East Austin can help you decide what works best.

Is West Austin a Good Area to Buy a Home?

West Austin is often considered one of the city’s most desirable regions, with access to top schools, shopping, golf courses, and scenic residential areas. Homes in West Austin can vary in price and style, so working with an Austin real estate agent can help you find options that match your lifestyle and budget.

How Do I Contact Pauly Presley Realty?

If you are interested in buying, selling, or renting in Austin, you can contact Pauly Presley Realty by phone or through the website to connect with an experienced Austin Realtor and get started.

1 of 30 - 5 Tournament Way 12, The Hills, TX

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5 Tournament Way 12, The Hills, TX

$259,900

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Bed

Bath

630

Square feet

0.05

Acres

Overview
Facts & Features
Map & Directions
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About 5 Tournament Way 12

Excellent property located in The Hills of Lakeway, Academy Place, Tournament Way Condominiums. The condos are rare to come on the market, so do not miss showing this condo. This well maintained and updated 1 bedroom, 1 bath, 2nd floor corner unit, with balcony is a must see! Recently remodeled with brand new double pane windows, modern tile in laundry closet, brand new water heater, and ceiling fan on balcony (just installed) when seller purchased a year ago. The condo is freshly painted and ready for you to move in full time or have this as your "lock and leave" vacation home. At 630 square feet, this condo gives you the ability to live in The Hills of Lakeway with the championship golf courses, walk to the clubhouse for dinner and drinks, enjoy the live music out at Crossroads at clubhouse, enjoy the multitude of activities that the club has monthly for members, walk dogs to the neighborhood dog park or even enjoy the stroll over with the grandkids to the amazing kid playground all within the 24 hour guard gate of The Hills of Lakeway. All owners are required to pay an additional $155/month for a social membership to The Invited Club which gives you access not only to your country club but 3 others as well, and you can upgrade your membership to add tennis, pickleball and golf. Ask for details!!! Conveniently located minutes from Hill Country Galleria and zoned to highly rated Lake Travis ISD schools. Approximately 20 miles to Austin Downtown and 25 miles to the airport. THIS IS A MUST SEE..

Features of 5 Tournament Way 12

MLS® #	1640233
Price	$259,900
Bedrooms	1
Bathrooms	1.00
Full Baths	1
Square Footage	630
Acres	0.05
Year Built	1982
Type	Residential
Sub-Type	Condominium
Status	Pending

Community Information

Address	5 Tournament Way 12
Area	LS
Subdivision	Guest Quarters Of Academy Place
City	The Hills
County	Travis
State	TX
Zip Code	78738

Amenities

Utilities	Cable Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected, Underground Utilities
Features	Common Grounds/Area, Clubhouse, Community Mailbox, Dog Park, Fishing, Golf, Gated, Playground, Park, Planned Social Activities, Restaurant, Sidewalks, Trails/Paths, Curbs
Parking	Additional Parking, Assigned, Carport, Covered
Garage Spaces	0.00
View	Hills, Trees/Woods
Is Waterfront	No
Waterfront	None
Has Pool	No

Interior

Interior	Carpet, Tile
Interior Features	Ceiling Fan(s), High Ceilings, Quartz Counters, Walk-In Closet(s)
Appliances	Washer/Dryer Stacked, Dishwasher, Exhaust Fan, Electric Oven, Electric Range, Electric Water Heater, Free-Standing Range, Microwave, Refrigerator, Stainless Steel Appliance(s), Vented Exhaust Fan
Heating	Electric, Fireplace(s), Hot Water, Wood
Fireplace	Yes
# of Fireplaces	1
Fireplaces	Living Room
# of Stories	1
Stories	One

Exterior

Exterior Features	Balcony, Exterior Steps
Lot Description	Close to Clubhouse, Near Golf Course, Landscaped
Roof	Flat Tile
Construction	Brick, Clapboard
Foundation	Slab

School Information

District	Lake Travis ISD
Elementary	Lakeway
Middle	Hudson Bend
High	Lake Travis

Additional Information

Date Listed	February 14th, 2026
Days on Market	209
Foreclosure	No
Short Sale	No
RE / Bank Owned	No

Listing Details

Office	Simply Real Estate
Contact Info	(512) 289-4233

Listing Map

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