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Community Summary
View or download the new Brochure pdf The Environs Lakeline Square is a proposed community of 68 new townhomes situated on a 5-acre parcel in the desirable section of northwest Austin. Conveniently located adjacent to the intersection of Highway 183 & Highway 620, and just minutes to downtown Austin, the campus of UT and Dell headquarters. Nearby there is shopping available at the Lakeline Mall and two other shopping centers. Also, nearby is the new 100,000sf Fitness World for the best in fitness and yoga. Directly next door to Lakeline Square is the Springwoods Park Swim & Tennis center. Picnic tables and BBQ grill will be located in the common green with 2 acres of open space, and a doggie park. About Austin The city of Austin is the capital of Texas and ranks 16th in the nation in population. On several occasions national business magazines have ranked Austin as one of the Five Best Cities to do business. And in May of 2005 “Forbes” ranked Austin as the No.01 city to do business and advance your career. There are no state or local taxes for corporations or individuals. Austin is ranked as “Best City for Relocating Families” and the “Live Music Capital of the World”. Austin is also the home of the University of Texas (UT), one of the largest universities in America. Historically Austin’s pro-business climate, supportive city government and industry partnerships make it a perfect place for new businesses and ensured its’ growth. Currently, Samsung is building a $4 Billion dollar chip manufacturing plant in north Austin that is scheduled to be completed in 2007. Dell, Inc. the world’s largest personal computer company is headquartered along the northern edge of Austin. The Austin Independent School District is on of the states best, with several Blue Ribbon Schools. Lakeline Square Town Homes are nestled amidst a residential area and the elementary school is just across Lyndhurst Street. Within one-half mile is the Lakeline Mall, Home Depot, Lowes, HEB supermarket, Big Lots and a new stadium style movie complex.
We believe this is one of the most desirable locations for a townhome rental community within the Austin MSA. In 2006, sales of single-family homes pumped $6.36 billion into the local economy, a 20 percent increase over 2005. In Austin the median home sales price increased 6 percent to $174,500, and some neighborhoods are experiencing double digit appreciation. Currently, the Austin housing market is one of the strongest in the country.
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