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 33 - 5135 Lookout Ridge Drive, Marble Falls, TX

2 of 33 - 5135 Lookout Ridge Drive, Marble Falls, TX

3 of 33 - 5135 Lookout Ridge Drive, Marble Falls, TX

4 of 33 - 5135 Lookout Ridge Drive, Marble Falls, TX

5 of 33 - 5135 Lookout Ridge Drive, Marble Falls, TX

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5135 Lookout Ridge Drive, Marble Falls, TX

$700,000

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1,760

Square feet

4.42

Acres

Overview
Facts & Features
Map & Directions
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About 5135 Lookout Ridge Drive

Barn with planned upstairs garage apartment on 4.42-Acres at Lake Travis which allows horses. The building is at the southwest corner along street. The best Lakeview site was saved for future main house if you prefer to build new. Scenic views of Muleshoe Bend of Lake Travis and panoramic hill country. Covered side patio. Indoor stairs to the unfinished proposed 800 sq ft apartment with plumbing rough for bathroom and kitchen. 4-car deep garage with both front and side overhead doors. Front yard acreage is level for pasture with bluebonnets, homesite, or space for a variety of outdoor activity, fun & games, or sport court. Neighbor has putting green. Lovely scenic canyon through right side of Lot with stonewall lined paved driveway down to lower yard, patios, and pathway to Lake Travis cove. In the process of re-platting Lot-12 into two Lots. Welcome home, make it yours..!!!

Features of 5135 Lookout Ridge Drive

MLS® #	2573373
Price	$700,000
Bathrooms	0.00
Square Footage	1,760
Acres	4.42
Year Built	2007
Type	Residential
Sub-Type	Single Family Residence
Status	Active

Community Information

Address	5135 Lookout Ridge Drive
Area	LN
Subdivision	Lookout Ridge
City	Marble Falls
County	Travis
State	TX
Zip Code	78654

Amenities

Utilities	Electricity Connected, Phone Available, Fiber Optic Available, Sewer Not Available, Water Available
Features	None
Parking	Attached, Door-Multi, Driveway, Garage Faces Front, Garage, Detached, Workshop in Garage
Garage Spaces	4
View	Hills, Lake, Trees/Woods, Water
Is Waterfront	Yes
Waterfront	Lake Front, Waterfront
Has Pool	No

Interior

Interior	Concrete, Wood
Interior Features	High Speed Internet, Interior Steps
Heating	None
Fireplace	No
Fireplaces	None
# of Stories	2
Stories	Two

Exterior

Exterior Features	Lighting, No Exterior Steps, Private Yard, Rain Gutters
Lot Description	Sloped Down, Many Trees, Views, Cleared, Garden
Roof	Metal
Construction	Stone Veneer
Foundation	Slab

School Information

District	Marble Falls ISD
Elementary	Colt
Middle	Marble Falls
High	Marble Falls

Additional Information

Date Listed	May 20th, 2026
Days on Market	110
Foreclosure	No
Short Sale	No
RE / Bank Owned	No

Listing Details

Office	Coldwell Banker S.G. Billings
Contact Info	(512)963-1130

Listing Map

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