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East St Elmo

Census Tract 24.11 Comprises The East St Elmo Opportunity Zone

East St Elmo 24.11

The East St Elmo census tract is in Austin, Texas, and has a population of 2,663 people. It is located in the eastern part of the city, and is bordered by the Colorado River to the west, East Cesar Chavez Street to the north, E 12th Street to the east, and S 1st Street to the south. The tract is home to a variety of businesses and residential developments, including the East St Elmo Historic District, the East Austin Cultural Center, and the Mueller development.

The population of the East St Elmo census tract is diverse, with a large Hispanic population. In 2020, the racial makeup of the tract was 56.1% Hispanic, 29.3% White, 9.7% Black or African American, and 4.9% Asian. The median household income for the tract was $52,667, and the poverty rate was 18.8%.

The East St Elmo census tract is a growing and vibrant area of Austin. It is home to a diverse population, and is a great place to live, work, and raise a family.

Demographics of East St Elmo

MEDIAN HOUSEHOLD INCOME

The East St Elmo OZ has a median household income of approximately $42,000, which is 34% lower than the median household income for the state of Texas of $64,000.

POVERTY RATE

The East St Elmo OZ has a median household income of approximately $42,000, which is 34% lower than the median household income for the state of Texas of $64,000.

MEDIAN HOME VALUE

East St Elmo has a median home value of approximately $110,000, which is 45% lower than the median home value for the state of Texas of $200,000.

EDUCATION

The East St Elmo neighborhood has a percentage of population with high school diploma of approximately 61%, which is 24% lower than the rate for the state of Texas of 85%.

MEDIAN AGE

The East St Elmo census tract has a median age of approximately 31, which is 11% lower than the median age for the state of Texas of 35.

Community

The East St. Elmo neighborhood in Austin, Texas, has a rich history that dates back to the early 1900s. The area was originally home to a variety of industries, including manufacturing, warehousing, and light industry. In the 1960s, the area began to decline as businesses and residents moved to other parts of the city. However, in recent years, the East St. Elmo neighborhood has undergone a major transformation. New businesses have opened, and there has been a surge in residential development. Today, the East St. Elmo neighborhood is a vibrant and diverse community that is home to a wide range of people and businesses.

The early history of the East St. Elmo neighborhood is closely tied to the development of Austin as a city. In the early 1900s, Austin was a growing city, and the East St. Elmo neighborhood was home to a variety of industries. The area was served by the Austin and Northwestern Railroad, which made it a convenient location for businesses. In addition, the area was close to the Colorado River, which provided a source of water for industrial use.

As the city of Austin grew, the East St. Elmo neighborhood continued to develop. In the 1920s, the area became home to a number of warehouses and light industrial businesses. The neighborhood also became home to a number of working-class families.

However, in the 1960s, the East St. Elmo neighborhood began to decline. Businesses and residents moved to other parts of the city, and the area became increasingly neglected. By the 1980s, the East St. Elmo neighborhood was a largely abandoned area.

In recent years, the East St. Elmo neighborhood has undergone a major transformation. A number of new businesses have opened in the area, and there has been a surge in residential development. The neighborhood is now home to a wide range of people and businesses, including artists, musicians, entrepreneurs, and families.

One of the most significant changes in the East St. Elmo neighborhood has been the development of the St. Elmo Public Market. The St. Elmo Public Market is a mixed-use development that includes retail, office, and residential space. The market is located in the heart of the East St. Elmo neighborhood, and it has helped to revitalize the area.

The East St. Elmo neighborhood is a vibrant and diverse community that is home to a wide range of people and businesses. The neighborhood is located in a central location in Austin, and it is close to a number of major attractions, including the University of Texas at Austin, the Austin Convention Center, and the Texas State Capitol.

The East St. Elmo neighborhood is a great place to live, work, and play. The neighborhood is full of life, and it is a great place to experience the best of Austin. 

BUSINESSES

Neighborhoods with a diverse range of services attract potential tenants and tend to be make retaining tenants much easier for the property manager. Given the lack of local development, East St Elmo is home to a greater number of industrial, trades and innovative technology companies than areas like the South Congress OZ which has a greater density of restaurants and bars. The East St Elmo neighborhood is home to many unique and/or culturally important businesses, including but limited to:

Texas Pool Supply is a leading provider of pool and outdoor living supplies in the Austin area. They offer a wide selection of products from top brands, including chemicals, equipment, furniture, and more. Whether you’re a homeowner or a business owner, they have everything you need to keep your pool sparkling clean and your outdoor space looking its best.

What sets Texas Pool Supply apart from other pool supply stores is their commitment to customer service. Their team of experts is available to answer your questions and help you find the right products for your needs. They also offer delivery and installation services, so you can have peace of mind knowing that your pool and outdoor living space is in good hands.

In addition to their wide selection of products and excellent customer service, Texas Pool Supply also offers competitive prices. They regularly run sales and promotions, so you can save money on the products you need.

If you’re looking for a reliable and trustworthy source for pool and outdoor living supplies, Texas Pool Supply is the place to go. They have everything you need to keep your pool sparkling clean and your outdoor space looking its best.

Here are some additional reasons to shop with Texas Pool Supply:

  • Competitive prices
  • Wide selection of products
  • Expert customer service
  • Delivery and installation services
  • Regular sales and promotions

Visit Texas Pool Supply today and see why they’re the best in pool and outdoor living supplies. txpoolsupply.com

Hideaway Kitchen & Bar is a hidden gem in Austin, Texas. This casual restaurant serves up delicious Southern comfort food with a Texan twist. The menu features all your favorites, like chicken fried steak, waffles, and fried catfish, but with a modern twist.

The atmosphere at Hideaway is warm and inviting. The restaurant is decorated in a rustic style, with exposed brick walls and wooden beams. There’s a large outdoor patio that’s perfect for dining al fresco on a warm day.

The service at Hideaway is top-notch. The staff is friendly and attentive, and they’re always happy to make recommendations. If you’re looking for a delicious meal in a casual setting, Hideaway Kitchen & Bar is the perfect place for you. The food is amazing, the service is great, and the atmosphere is inviting.

Here are some additional reasons to visit Hideaway Kitchen & Bar:

  • Delicious Southern comfort food with a Texan twist
  • Warm and inviting atmosphere
  • Large outdoor patio
  • Friendly and attentive staff
  • Competitive prices

Visit Hideaway Kitchen & Bar today and see why it’s a hidden gem in Austin hideawayatx.com

Freedom Solar Power is a leading provider of solar energy solutions in Texas. They offer a wide range of services, including solar panel installation, battery backup systems, and solar leasing.

Freedom Solar Power is committed to providing their customers with the best possible service. They have a team of experienced and knowledgeable solar installers who can help you choose the right solar system for your needs. They also offer financing options to make solar energy more affordable.

If you’re looking for a way to reduce your energy bills and go green, Freedom Solar Power is the perfect choice. They offer a variety of solar solutions to fit your budget and needs.

Here are some additional reasons to choose Freedom Solar Power:

  • Experienced and knowledgeable solar installers
  • Financing options available
  • Wide range of solar solutions to choose from
  • Commitment to customer satisfaction

Contact Freedom Solar Power today to learn more about how they can help you save money and go green freedomsolarpower.com

Sterling Acura of Austin is a leading Acura dealership in the Austin area. They offer a wide selection of new and used Acura vehicles, as well as a full range of Acura services. Whether you’re looking for a new car, a used car, or service for your Acura, Sterling Acura of Austin is the place to go.

What sets Sterling Acura of Austin apart from other Acura dealerships is their commitment to customer service. Their team of experts is available to answer your questions and help you find the right Acura for your needs. They also offer a variety of financing options, so you can find a payment plan that fits your budget.

In addition to their excellent customer service, Sterling Acura of Austin also offers competitive prices on all of their vehicles. They regularly run sales and promotions, so you can save money on the Acura of your dreams.

If you’re looking for a reliable and trustworthy source for Acura vehicles, Sterling Acura of Austin is the place to go. They have everything you need to find the perfect Acura for your lifestyle.

Here are some additional reasons to buy from Sterling Acura of Austin:

  • Wide selection of new and used Acura vehicles
  • Full range of Acura services
  • Expert customer service
  • Competitive prices
  • Regular sales and promotions

Visit Sterling Acura of Austin today and see why they’re the best place to buy an Acura sterlingacura.com.

Farm to Table Texas is a company that connects local farmers and food artisans with customers throughout the state. They offer a wide variety of products, including fruits, vegetables, meats, dairy, eggs, and more. All of their products are sourced from local farms and food artisans, so you can be sure that you’re getting the freshest, most delicious food possible.

Farm to Table Texas makes it easy to find and purchase local food. You can shop online or through their mobile app. They also offer home delivery service in many areas. If you’re looking for a way to support local farmers and food artisans, or if you’re simply looking for the freshest, most delicious food possible, then Farm to Table Texas is the perfect place for you.

Here are some additional reasons to shop with Farm to Table Texas:

  • Fresh, locally-sourced food
  • Convenient online and mobile shopping
  • Home delivery service
  • Support for local farmers and food artisans

Visit Farm to Table Texas today and see why they’re the leading provider of local food in Texas farmtotabletx.com.

History

Farm to Table Texas was founded in 2009 by two friends who were passionate about supporting local farmers. The company has grown rapidly in recent years, and now serves customers in over 50 cities and towns in Texas.

Farm to Table Texas is committed to providing its customers with the freshest, most delicious food possible. They work directly with local farmers to ensure that their products are always of the highest quality. The company also offers a variety of educational resources to help its customers learn more about where their food comes from.

Fluence is a leading provider of LED lighting solutions for commercial crop production. Their products are designed to optimize plant growth and yield, while also reducing energy consumption and environmental impact.

Fluence’s LED lighting systems are used by growers all over the world, including in the cannabis, vertical farming, and greenhouse industries. They offer a wide range of products to meet the specific needs of different crops and growing environments. Fluence’s LED lighting systems are backed by a strong research and development team. They are constantly working to improve their products and develop new solutions for the future of commercial crop production.

If you are looking for a way to improve your crop production, Fluence is the company to talk to. Their LED lighting systems can help you increase yields, reduce costs, and improve the quality of your products.

Here are some additional benefits of using Fluence LED lighting systems:

  • Increased yields
  • Reduced costs
  • Improved product quality
  • Reduced energy consumption
  • Reduced environmental impact

If you are a grower, contact Fluence today to learn more about how their LED lighting systems can help you improve your crop production fluence.science.

Real Estate Data

RENTAL MARKET

We keep close tabs on the rental markets in all of Austin’s many opportunity zone tracts. This keeps us in touch with the latest trends in vacancy rates, gross rental figures and the potential for rent increases in local sub-markets. 

2 Bedrooms

Figures for 2 bedroom rents in the East St Elmo neighborhood of Austin from our 2023 East St Elmo 2 Bedroom Report

Average

$1,824

Median

$1,706

25th PERCENTILE

$1,613

75th PERCENTILE

$2,035

3 Bedrooms

Figures for 3 bedroom rents in the East St Elmo neighborhood of Austin from our 2023 East St Elmo 3 Bedroom Report

Average

$2,541

Median

$2,395

25th PERCENTILE

$2,089

75th PERCENTILE

$2,993

4 Bedrooms

Figures for 4 bedroom rents in the East St Elmo neighborhood of Austin from our 2023 East St Elmo 4 Bedroom Report

Average

$2,719

Median

$2,625

25th PERCENTILE

$2,435

75th PERCENTILE

$3,002

Short Term Rentals

The short-term rental market in East St. Elmo, Austin is a relatively new one. The area has traditionally been home to industrial businesses and warehouses, but in recent years, there has been a growing trend of developers converting these properties into apartments and short-term rentals.

This shift is due in part to the area’s proximity to Downtown Austin. East St. Elmo is just a few miles from the city center, which is home to a number of popular tourist attractions, including the University of Texas at Austin, the Texas State Capitol, and the Barton Creek Greenbelt. This makes it an ideal location for short-term rentals, which are often used by visitors to Austin. 

The short-term rental market in East St. Elmo is still in its early stages, but it is growing rapidly. In 2021, there were just over 100 short-term rentals in the area. This number has more than doubled in 2022, and it is expected to continue to grow in the coming years.

The high demand for short-term rentals in East St. Elmo is driving up prices. In 2021, the average nightly rate for a short-term rental in the area was $150. This year, the average nightly rate has increased to $200. The high prices and limited availability of short-term rentals in East St. Elmo have made it a popular choice for investors. In 2022, there were over $10 million in investments made in short-term rentals in the area.

East St Elmo short term rental market

Tract Map

Map of OZ Tract 24.11