Northwest Hills · First-Time Buyers
First-Time Buyers in Northwest Hills
Plain answers on the Texas contract, the two deposits and what your budget buys, before you're asked to sign anything.
First-Time Buyers in Northwest Hills: what's different here
A first home in Northwest Hills is a lot of new vocabulary at once, and a few local details that matter more than the listing photos. Buying here means choosing among original homes, renovations and new rebuilds side by side, all in Austin ISD, with the Domain a short drive up MoPac.
I'd rather you learn each step before you need it, so nothing at the closing table is a surprise.
Talk about Northwest Hills
Why Northwest Hills buyers work with me
I grew up in Northwest Austin, have lived here since 1976 and have lived on the Mountain in the Spicewood Estates area since 2004. I've worked with several first-time buyers in the past year. The thing I see most often is a first home judged on photos instead of condition, and in Northwest Hills condition matters.
How I handle it in Northwest Hills
- Start with the budget: a local lender I trust, and a look at Texas down payment programs through the Texas State Affordable Housing Corporation and the Texas Department of Housing and Community Affairs.
- Learn the contract first: the option fee, the earnest money and the deadlines. What to know first.
- Look past the photos at roofs, AC, plumbing and the lot.
- After closing, file your Texas homestead exemption to lower the property taxes on your home.
More about Northwest Hills
For the full picture of the neighborhood, see living in Northwest Hills. Questions about first-time buyers here? Call me at (512) 698-3525.
Frequently Asked Questions
How much do I need to buy a first home in Northwest Hills?
It depends on the loan and the home. A lender can give you real numbers, and Texas has state programs that help buyers who qualify.
What's the difference between the option fee and earnest money?
The option fee buys the right to end the contract for any reason during the option period. Earnest money is held at the title company and is what you risk if you back out the wrong way.
Northwest Hills
What first-time buyers looks like in Northwest Hills
Westover Hills, Northwest Hills and Cat Mountain along Mesa Drive: 1960s and 70s homes, steady rebuilding, and big views toward 360.
- The homes
- Locals use "Northwest Hills" for three neighborhoods: Westover Hills, Northwest Hills and Cat Mountain. The first build was the 1960s and 70s, and building has never stopped: older homes that lack space and function are often torn down and rebuilt, and newer homes go onto lots that take more engineering. Renovation is common too, but cast-iron plumbing in many of the original homes often makes starting new the easier path. The result is a wide variety of homes side by side. Value turns on three things: how usable the lot is, the view from the house, and how recent the construction is. Two recent sales of the same size, about 4,200 square feet, show the range: a 2001 home on more than an acre of usable land with a pool, a 180-degree view and the preserve behind it sold for $2.55M, while a home on Mesa Drive with a smaller lot, a downtown view, power lines across the back, a busier street and plumbing to replace sold for $1.45M.
- Schools people ask about
- Austin ISD only. Most of the area feeds Doss or Hill Elementary, then Murchison Middle School and Anderson High School. Toward 2222 the assignments change to Highland Park Elementary, Lamar Middle School and McCallum High School, so check the address.
- Getting around
- Mesa Drive is the main residential road through all three neighborhoods. It is fairly level until it nears 2222, where it drops sharply. The Domain is a short drive north on MoPac.
- Nearby
- The Domain, a short drive up MoPac. Beverly S. Sheffield Northwest Municipal Pool. Canyon and preserve land behind many of the western lots.
- The trade-off
- The main parts of the neighborhood run off Mesa. The farther a street is from Mesa, especially to the west toward 360, the more extreme the topography gets: bigger views and more privacy, but harder lots. Homes on Mesa itself sit on a busier street.
The method
How we do it in Northwest Hills
First-Time Buyers: keep exploring
Ready to make your move with James Brinkman?