The Austin City Limits Music Festival just announced their line up and it’s going to be good! So we thought it only fitting to dedicate this week’s Splurge vs. Steal to homes near Zilker Park.

New to the fest? No problem! The Austin City Limits Music Festival is an annual music festival held in Zilker Park in Austin, Texas. It takes place on two consecutive, three-day weekends, and is inspired by the KLRU/PBS music series of the same name. The festival is produced by Austin-based company C3 Presents, which also produces Lollapalooza. In a nut shell, it’s one of the most epic outdoor music fests in Texas. And this year they have Guns N’ Roses, Childish Gambino, The Cure, and Cardi B, y’all!

Living near the park is a great idea, regardless of the show. Homes near Zilker Park run the gamut too, from swanky condos to eclectic moderns to updated farmhouses. And we found two that put you right near the action. All you have to do is snag tickets and stroll into Zilker park like you own the joint. Plus, the income potential could be massive for those who want to lease their home during the festival. Just check out the rates on some nearby properties on Airbnb!

Splurge: Geometric Modern With A Pool For $1.995M

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3107 Brass Buttons Trail Austin, TX is listed for $999,900 by Jacque Krenek with Austin Area Properties. 

A little birdie told me that a recent networking event in Austin was a huge hit, drawing top producers from all over the country who are raving about the city’s culture, cuisine, and nightlife in their Instagram feeds. Seeing all my real estate friends living it up in the state capitol got me thinking. What can I get for a million in Austin? From a lakefront darling on Brass Buttons Trail, to a Travis Heights stunner oozing flawless modern design, what I found may surprise you.

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Where do you find a 1972 Palm Springs modern, erected by original owner and international opera singer Willa Stewart, that is both relevant and alluring in 2017 with an “Elvis meets Kuwait” styling and hosted the likes of American musical and cultural icon Frank Zappa? Only in Austin.

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3148 Above Stratford Place is listed for $11.5 million by Cord Shiflet of Moreland Properties. (Photo Credit: Moreland Properties)

Live large on Lady Bird Lake in this elegant cliffside retreat overlooking Red Bud Island. These are the most enviable views in all of Austin!

Nestled on a prominent cliff with lake views that go on for miles, stands this dramatic Mediterranean-style retreat, boasting 9,990 square feet, six bedrooms, seven full and two partial bathrooms, incredible infinity edge pool, and sprawling mature acreage – rare for the area — with close proximity to  the bustling capital’s city center.

“This is a one of a kind property for Austin,” says listing agent, Cord Shiflet, of Moreland Properties. “More than half of the value is in the land. Five-acres hanging above Lady Bird Lake with eye-level views of downtown and miles of water.”

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