George Wang, Agent Photo
George Wang
Broker/ Realtor®


Texas Fortune Realty
P O Box 160371
Austin, TX 78716

Phone: (512)694-6060
WeChat: GeorgeWangAustin
Email: GeorgeWang3@gmail.com
TREC #605970

From the numbers: Buy or Rent?

The decision to buy or rent a house depends on various factors, and there isn’t a one-size-fits-all answer. However, numbers won’t lie, in this blog, we will take a close look from the financial/number side, because building equity is one of most important aspects of house ownership, besides living quality, stability and security.

The spreadsheet I created is to determine the required annual appreciation in house value to offset the cost difference between buying and renting. In the provided example, the annual appreciation in house value must be 3.72% over the five-year ownership period to cover the additional expenses associated with purchasing and owning the house. The spreadsheet is based on assumptions of a $500,000 house price, a 6.25% interest rate on a 15-year fixed mortgage, a 20% downpayment, and approximately 2.25% property tax. These figures were typical for the Austin area at the time this blog was

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2023 LASA High School College Admission Data

As a selective public magnet high school, Liberal Arts & Science Academy (LASA) is one of the best high schools in Austin area, it offers rigorous, interdisciplinary curriculum and hands-on learning opportunities. In this post, I will share the college placement data of LASA High School between 2021 and 2023. The table below summarizes the enrollment statistics.

Check out my other posts on central texas high schools.

Table One: Austin LASA High School College EnrollmentGraduation Year202320222021Total Graduates321295308Brown University003CalTech102Columbia University101Cornell University211Dartmouth University010Duke University001Harvard University311MIT113University of Pennsylvania101Princeton University101Rice University242Stanford University412Yale University101Berkeley302CMU221UT-Austin385241Texas A&M493142

While LASA is open to all Austin ISD residents, admission is competitive and contingent on application, academic record and test scores. LASA focuses on STEM fields and provides excellent opportunities to students. Every year, about 95% of LSAS graduates will enroll at 4 year institutions, and about 50% will attend Texas colleges. Many of the LASA’s top students went

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2023 Westwood High School College Admission Data

If you are looking for top high schools in Austin area, Westwood high school will be among the best. In this post, I will share the college placement of Westwood High School for the year 2002 and the year 2023 graduates. The table below summarizes the enrollment statistics.

Check out my other posts on central texas high schools.

Table one: Westwood High School College EnrollmentGraduation Year2023202220212020201920182017Total Graduates672634707644600641620Brown University0100001Columbia University0100001Cornell University2220300Dartmouth University2010320Duke University1123020Harvard University3021142MIT1351200University of Pennsylvania1111010Princeton University0101110Rice University54421311Stanford University0111212Tufts University0000110Yale University1110000Berkeley6334332CMU7142310UT-Austin7772891019211287Texas A&M79747348353335

In summary, about 93% of Westwood high school graduates will attend college, and more than 60% will spend their college life in the great state of Texas. Many of them will have the opportunity of going to top elite universities thanks to the excellent academic education from Westwood High School.

As a real estate agent with 10+ years of experience, almost all my buyers consider school district

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2023 Westlake High School College Admission Data

If you are looking for top high schools in Austin area, Westlake high school will be among the best. In this post, I will share the college placement of Westlake High School for the year of 2002 and the year of 2023 graduates. The table below summarizes the admission and enrollment statistics.

Check out my other posts on central texas high schools.

Westlake High School College Admission for 2022 and 20232022 (717 Graduates)2023 (695 Graduates)CollegeAppliedAdmittedAdmitted %AttendingAppliedAdmittedAdmitted %AttendingBrown University4112.44%15024.00%1Columbia University4000.00%05036.00%1Cornell University6134.92%250612.00%4Dartmouth University2600.00%03313.03%1Duke University5235.77%153611.32%4Harvard University40410.00%05511.82%1MIT34514.71%54312.33%1University of Pennsylvania5400.00%05946.78%3Princeton University3213.13%14224.76%2Rice University8866.82%4891112.36%6Stanford University5535.45%36722.99%2Yale University3625.56%15111.96%1UT-Austin35929782.73%8640727968.54%88Texas A&M29921371.24%5932721766.41%74

Some Key Points:

In 2023, there was an overall increase in the number of applications to most elite colleges, but the admission percentages varied.Some colleges, such as Columbia, Duke, and Princeton, saw a rise in their admission percentages from 2022 to 2023.More than 70% of applicants got admitted to the University of Texas at Austin or Texas

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College Admission Comparison Between Westlake and Westwood High Schools

If you are looking for best high schools in Austin area, Westlake and Westwood high schools are among the top. In this post, I will share more details on both schools, since many of home buyers are interested in these schools.

Check out my other posts on central texas high schools.

Westlake high school is the only high school in Eanes ISD, while Westwood high school belongs to Round Rock ISD. They are very similar in school size, each grade has around 700 students. The student-teacher ratio is 14 to 1 in Westlake vs 16 to 1 for Westwood. Both schools provide many challenging advanced placement(AP) courses, and Westwood also offers the International Baccalaureate(IB) program. The average SAT score is 1350 for both schools according to the latest Niche data.

Not only an excellent academic reputation, Westlake is also known for its sports championship, it won the 2021,

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Austin and Central Texas High School Overview for Home Buyer

According to a Trulia survey, 19% of Americans said that they would like to have their dream home in a great school district. Among parents of children under 18, the percentage of Americans who want to live in a great school district jumps to 35%.

There are many benefits when purchasing houses in a good school district. Homes in good school districts tend to sell faster than homes in low-quality school districts. During tougher economic times, homes in better school districts normally hold their value more than lower-quality district homes. On the other side, homes in better school districts also tend to be more expensive. This is understandable, since buyers are paying the premium for the better learning experience, better resources for the children, and most importantly better college admission opportunities.

Some of the top high schools in the great Austin area will be discussed in this article

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Addie at Westlake Home Features

Builders for new construction homes at Addie at Westlake/Eanes have published the home features list:

EXTERIOR: • Roof – Synthetic Slate Roof in Slate Gray • Brick – Old Texas Brick, Paint Color – Mid Century White • Stucco – Sherwin Williams Snowbound SW7004 • Windows – Black/Black Clad Exterior / Pine Interior, Low E High Performance SmartSun / Insulated (Energy Star) • Front Door – Custom Iron Door with Chrome Handle set • Garage Door – 8’ Tall Modern Steel, Color – Black, 2 openers • Front Porch Lighting – Black Sconce Light (per plan) • Back Porch Lighting – LED Recessed Can Lights • Professionally Designed Landscape Package

PAINT: • Manufacturer – Sherwin Williams • Wall Texture – Light Orange Peel • Low VOC paints with Flat Finish INTERIOR TRIM: • Baseboards – 1 x 4” Painted • Door Casing – 1x 2” Painted • Solid

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Eanes New Homes Now Available at the Addie at Westlake

Resting in the heart of Westlake, Legacy Communities presents The Addie — a collection of 46 new peak performance lifestyle homes in a gated lock-and-leave neighborhood close enough to downtown Austin, yet far enough away in a residential oasis surrounded by the Texas Hill Country.

The Addie is revolutionizing this well sought-after area with thoughtfully designed home offerings, masterfully crafted for functionality and minimal maintenance. Diverse architecture rests behind the gates of the only new neighborhood in Westlake offering luxury homes enveloped by breathtaking views at an enticing price point. Experience a new way of life at The Addie.

INCLUDED FEATURES: Quartz countertopsSlate RoofSolid Core DoorsFrameless ShowersPre-wired for Solar EnergyEnergy Star Black Framed WindowsModern Freestanding Master Bath TubStainless Steel Wolf Appliances

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New Eanes Homes Now Selling at Addie West Lake

Good news for home buyer who is looking for new construction homes at Westlake high school/Eanes ISD. Westlake’s newest gated community, The Addie, has officially launched and is now selling two and three story luxury homes boasting Modern-European style architecture, designer finishes & scenic Hill Country views. While there are only 46 homes in this boutique community, The Addie is surrounded by 12 acres of open space to explore. New construction in the renowned City of Westlake is rare. Call today to be a part of this unique opportunity to own a new home at The Addie at Westlake!

Builders are experiencing significant interest based on The Addie’s proximity to downtown Austin and natural surroundings of the Texas Hill Country. Upon completion, The Addie will be a private neighborhood with gated entry, featuring lock & leave access, ensuring peace of mind with nominal maintenance.  At this time builders are just taking reservations with a fully refundable $10K deposit held with

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Eanes ISD Lakes Edge Community Tax Rate and Utilities Info

The Lakes edge community info details as of July 2017:

Community Utilities Austin Energy (Electric)     512-494-9400 Alliant                                     877-532-5427 W. Travis Co. Public Utility Agency 512-263-0125 Septic Managed by HOA (wastewater) Time Warner Cable /Spectrum    512-485-5555 AT&T                                      800-288-2020

  Property Tax Rate Travis County    0.383800 Eanes ISD           1.212500 Travis Hlth Dist   0.110541 Travis ESD #10   0.10000 City Bee Cave      0.0200 Total Tax Rate   1.826841%

  Schools Eanes Independent School District https://www.eanesisd.net Barton Creek Elementary School 1314 Patterson Rd, Austin TX 78733 West Ridge Middle School 9201 Scenic Bluff Dr, Austin TX 78733 Westlake High School 4100 Westbank Dr, Austin TX 78746

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