Central & Downtown Austin real estate is booming. The central Austin real estate market has seen considerable appreciation after the market rebounded in 2004. And with good reason - central Austin is the cultural hub of central Texas, downtown Austin offers fantastic restaurants & nightlife, & Austin's music scene is firmly anchored in Central Austin. Central Austin's real estate offers historic, remodeled, & new single family residences. The recent condo boom has helped add much needed housing in downtown & Central Austin. Condos typically start in the $150's & single family homes begin in the $350's.