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Lost Canyon Condos Work Moves Ahead for Summer Completion

AUSTIN-A 30-unit project kicks off construction for an 11-unit first-phase delivery this summer. The Villas of Lost Canyon is a high-end development tucked in an out-of-the-way corner just a few blocks from the CBD.

By Tim Green | Updated on March 25, 2002

AUSTIN-A condominium project is underway in an out-of-the-way corner of a busy part of South Austin. The first phase of the Villas of Lost Canyon is to open this summer with the second phase ready a year later.

The project, which has a total of 30 units, is situated on 3.45 acres at the intersection of Barton Springs Road and Kinney Avenue. The site is tucked into a small canyon below the hills of a residential neighborhood and away from the streets behind a gas station. Several popular restaurants line the stretch of Barton Springs Road in front of the condos including Chuy’s, Shady Grove and Baby Acapulco. The CBD is just a few blocks away and across Town Lake.

Austin-based Heiser Development Corp. is building the project and Harris Properties, also of Austin, is the marketer, according to Harris’ Renee Schwartz. The first phase consists of 11 condos in three buildings. The first-phase condos, 2,165 sf or 2,133, have three bedrooms, three baths and attached two-car garages. Prices run from $515,000 to $533,000. Schwartz says some units can be expanded for more living or storage space for the condo or for turning the two-car garage into a three-car garage.

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