Austin-area homeowners should expect lower property tax bills, county office says "According to an analysis by the local tax office, the average property tax bill for Travis County homeowners who live in their homes is $658 less than the year before." (Audrey McGlinchy, KUT 90.5)

Nate Paul's legal fight with developers nears end — maybe "A long-simmering legal battle between Nate Paul's World Class Holdings and the real estate firms that wrestled away prime land from the embattled investor may be nearing a close. A hearing is scheduled for Dec. 21 in which the legal teams of both Karlin Real Estate LLC and Pennybacker Capital LLC are seeking roughly $1.4 million in legal fees from World Class." ( Cody Baird, Austin Business Journal)

$515M plan to reduce homelessness in Austin, Travis County set to recalibrate with 'urgency' in 2024 "More than two years after Austin-area elected officials and community leaders convened to chart a new course for local homeless strategy, their $515 million plan to house thousands of people is set to readjust next year with an aim of eventually meeting its sweeping goals." (Ben Thompson, Community Impact)

Elon Musk has opened the Boring Bodega in Bastrop "[T]he always-active Elon Musk has chosen bodegas as his next entrepreneurial challenge as he opened the Boring Bodega in the Hyperloop Plaza — the built-from-scratch town that Musk has envisioned in Bastrop County." (Beck Andrew Salgado,Austin American-Statesman)

Burnet Road’s Tallest Apartment Tower Moving Forward Near the Domain "Despite a general slowdown in construction starts across the city, things look sunnier than ever for new multifamily development in the area of North Austin near the Domain and Q2 Stadium." (James Rambin, Towers)

ACL Music Festival brings in $205K for Austin parks "Each year, a portion of the music festival's ticket sales and other revenue goes to the Austin Parks Foundation. This year, park facilities across the city are getting a total of about $205,000 in grants." (Jeff Bell, Lauren Petterson, KVUE-ABC)

Affordable housing complex The Loretta now leasing in Austin "The Loretta began leasing to families making 30%-60% of the area’s median family income in the fall. The community offers 137 units from one to three bedrooms. Additionally, the complex offers supportive services, such as a learning center and food pantry." (Grace Dickens, Community Impact)