Shonda Novak

Real estate reporter

Shonda Novak has covered residential and commercial real estate for the Austin American-Statesman for the past 12 years. Her beat includes the housing, retail, office, apartment and hotel markets in Central Texas, along with downtown’s high-rise residential building boom of the past decade and the region’s overall growth and development. A University of Texas graduate and Houston native, Novak has covered a variety of beats in her 30-year journalism career at newspapers including the Albuquerque Tribune, the Santa Fe New Mexican and the Beaumont Enterprise. 

Latest from Shonda Novak

Owner’s plan for Lake Austin site: elevator tower, restaurant, marina
 It’s an often photographed, picturesque spot synonymous with Austin: a scenic bluff that gives way to an expansive ridge with views of Lake Austin, the Pennybacker Bridge and the downtown skyline. Now imagine the pristine, wooded tract on Shepherd Mountain with an array of development: an elevator ascending 180 feet from the lake to...

Posted: 2 days ago

It’s an often photographed, picturesque spot synonymous with Austin: a scenic bluff that gives way to an expansive ridge with views of Lake Austin, the Pennybacker Bridge and the downtown skyline. Now imagine the pristine, wooded tract on Shepherd Mountain with an array of development: an elevator ascending 180 feet from the lake to...
Big Ass Fans founder buys Lance Armstrong’s Austin home
 Carey Smith, founder of Big Ass Fans manufacturing company, is the new owner of  cyclist Lance Armstrong’s Windsor Road home,  which Smith and his wife, Nancy, will remodel and make their primary residence. The purchase price of the house, which Armstrong bought in 2013 in the Old Enfield neighborhood, was not disclosed. Most...

Posted: 3 days ago

Carey Smith, founder of Big Ass Fans manufacturing company, is the new owner of  cyclist Lance Armstrong’s Windsor Road home,  which Smith and his wife, Nancy, will remodel and make their primary residence. The purchase price of the house, which Armstrong bought in 2013 in the Old Enfield neighborhood, was not disclosed. Most...
Austin-area home sales, median price climb in May
 Central Texas single-family home sales — and the median price buyers paid for those homes — both continued their climbs in May, the Austin Board of Realtors said Thursday. The median price of the homes sold within Austin’s city limits was $389,000 in May, a 3.7 percent over May 2017 and an all-time high for any May on record...

Posted: 3 days ago

Central Texas single-family home sales — and the median price buyers paid for those homes — both continued their climbs in May, the Austin Board of Realtors said Thursday. The median price of the homes sold within Austin’s city limits was $389,000 in May, a 3.7 percent over May 2017 and an all-time high for any May on record...
Austin-area home sales, median price climb in May
 Central Texas single-family home sales — and the median price buyers paid for those homes — both continued their climbs in May, the Austin Board of Realtors said Thursday. The median price of the homes sold within Austin’s city limits was $389,000 in May, a 3.7 percent over May 2017 and an all-time high for any May on record...

Posted: 3 days ago

Central Texas single-family home sales — and the median price buyers paid for those homes — both continued their climbs in May, the Austin Board of Realtors said Thursday. The median price of the homes sold within Austin’s city limits was $389,000 in May, a 3.7 percent over May 2017 and an all-time high for any May on record...
34-story downtown Austin tower hits milestone
 A 34-story residential tower under construction in Austin’s Rainey Street district has reached its highest point of construction, a milestone referred to as “topping out.” Called 70 Rainey, the building on downtown’s southeastern edge will have 164 luxury condominiums ranging in price from the $400,000s to $5 million...

Posted: 4 days ago

A 34-story residential tower under construction in Austin’s Rainey Street district has reached its highest point of construction, a milestone referred to as “topping out.” Called 70 Rainey, the building on downtown’s southeastern edge will have 164 luxury condominiums ranging in price from the $400,000s to $5 million...
Where can you still afford the ‘American dream’ in Austin?
 New cottage-style homes priced from the low $200,000s to the $280,000s in Northeast Austin. Just-finished contemporary duplexes starting at $247,990, just 8 miles southeast of downtown Austin. Older homes with brick or stone facades priced below $300,000 in an established Northwest Austin neighborhood and near major tech employers, including...

Posted: 16 days ago

New cottage-style homes priced from the low $200,000s to the $280,000s in Northeast Austin. Just-finished contemporary duplexes starting at $247,990, just 8 miles southeast of downtown Austin. Older homes with brick or stone facades priced below $300,000 in an established Northwest Austin neighborhood and near major tech employers, including...
$250 million apartment, office project planned near Domain
 Plans are in the works for a $250 million project — a 14-story apartment tower and a six-story office building — that is expected to break ground early next year in North Austin near the Domain. Capella Capital Partners, an Austin-based commercial real estate development company, said Friday that North Gateway Plaza will be built...

Posted: 23 days ago

Plans are in the works for a $250 million project — a 14-story apartment tower and a six-story office building — that is expected to break ground early next year in North Austin near the Domain. Capella Capital Partners, an Austin-based commercial real estate development company, said Friday that North Gateway Plaza will be built...
Downtown Austin’s ‘Jenga tower’ marks milestone
 The Independent, a residential high-rise under construction in downtown Austin, has reached its peak height — a milestone for the 58-story building nicknamed the “Jenga tower.” Now standing at its full height of 685 feet, a topping-out ceremony Sunday marks the Independent’s official debut as the tallest building in...

Posted: 28 days ago

The Independent, a residential high-rise under construction in downtown Austin, has reached its peak height — a milestone for the 58-story building nicknamed the “Jenga tower.” Now standing at its full height of 685 feet, a topping-out ceremony Sunday marks the Independent’s official debut as the tallest building in...
Historical downtown Austin estate, home to a Victorian mansion, has a new owner
 The Hirshfeld-Moore property, an historical estate in downtown Austin, has a new owner. Austin-based World Class Holdings last week bought the three-building property for an undisclosed price from the Texas A&M Development Foundation. At West Ninth Street between Lavaca and Guadalupe, the half block is home to a Victorian mansion, an...

8:58 PM Thursday, May. 17, 2018

The Hirshfeld-Moore property, an historical estate in downtown Austin, has a new owner. Austin-based World Class Holdings last week bought the three-building property for an undisclosed price from the Texas A&M Development Foundation. At West Ninth Street between Lavaca and Guadalupe, the half block is home to a Victorian mansion, an...