An old axiom in the real estate world declares the three biggest attributes of a great piece of property are location, location and location. So what happens when a community adds elegance, convenience, low maintenance and superior construction to its outstanding setting? The result is unbeatable value and charm, and freedom to enjoy life and all it offers.

Those benefits and more await you at the Bluffs at Balcones, a luxury gated townhome community designed and developed by Austin-based Spicewood Communities. At the Bluffs at Balcones; set on a hill near the intersection of RR 2222 and Balcones Lane in Austin's Northwest Hills; you can be on a nearby lake, shopping at the Domain or the Arboretum or dining at a restaurant downtown in a matter of minutes. And there are parks and local hot spots within easy walking distance.

However, you might find yourself more apt to stay in your luxury townhome than venture outside the community's gates.

The townhomes at the Bluffs feature lavish custom interiors with wood floors, Kitchen-Aid appliances, granite and Caesarstone countertops, a wide variety of splashes and spa-inspired master showers with frameless glass enclosures.

And each of the community's three-story homes has a private elevator and presents panoramic views of Austin.

In addition to their top-end finish out appearance, the townhomes at the Bluffs are very soundly constructed and achieved a 4-Star Green Building Certification from Austin Energy.

Thanks to the inclusion of highly energy-efficient features, such as low-e windows, blown-in insulation, Rinnai tankless water heaters, Energy Star compliant light fixtures and appliances and metal roofs, residents can expect combined gas/electric utility bills of less than $150 a month for a 2,400-square foot unit.

This incredible combination of benefits would more than suffice, but the Bluffs also provides the essential comforts that make a house a home, such as an individual two-car garage, ample storage and a fenced dog yard.

After more than 30 years in the development business in Austin, Spicewood Communities understands that it does more than build houses " it creates lasting communities."

The firm knows that protecting quality and value and providing first-class customer service are as important as a bottom line.

"We have taken every stride to make sure these luxury townhomes exceed expectations and have unparalleled construction," said Randy Ziehe, president of Spicewood Communities.

"These residences are designed to create comfort and a level of living that eases the pressures of the daily grind. Our residents are always happy to get home."

Act now to enjoy the great opportunities this singular community has to offer. There are just two move-in-ready townhomes left, and with jumbo loan rates at an incredible 4.5 percent for 15 years or 5 percent for 30 years with as little as 10 percent down, there will not be a more affordable time to make a change.

Construction has started on the last five two-story townhomes, and with one already sold, there are now only four opportunities left to live at the Bluffs for under $400K. Those who buy early in the construction process can hand-pick from thousands of custom selections. Prices at the Bluffs start from the high $300s to the high $500s.

The Bluffs at Balcones is located at 6533 East Hill Drive. Take MoPac to 2222 and head west, then take a right at the light on Balcones Drive, a left on Hart Lane and an immediate right on East Hill Drive. Our Sales Center and furnished models are open this weekend, so call 512-343-6533, or explore www.bluffsatbalcones.com.