In the second post in our series of 3 covering Austin's newest apartment offerings, Owner + Broker Drew Johnson talks about the new kids on the block...unique and exciting apartment buildings that are soon to be the hottest modern mid-rises in Austin.
While we know more about some than others at the moment, the fact of the matter is that developers are trying to build as quickly as possible--or as quickly as the draconian city permitting process will allow them to--in order to satiate the incredible demand for Austin apartment living. These are the buildings that are nearing completion, and many of them are already leasing up...quickly.
Green: Now open and leasing up
Yellow: Nearing completion as of October
Red: Planned or began construction
4711 E. Riverside Dr.
The newest Austin apartment community addition to the Riverside Revolution is Edison Apartments. Developed by Presidium Group and perched atop a hill on the northern end of E. Riverside just east of Pleasant Valley rd, this smoke-free community will boast spectacular Downtown views due to its elevation. Greystar, the largest apartment management company in the nation, will take the mgmt helm.
Edison Apartments will feature the following amenities: Pool overlooking downtown Austin, dog park and dog washing station, electric car charging stations, Luxor One package room with refrigerated storage, a washer/dryer included in every home, private yards in select homes, and Dwelo Smart home automation technology where you can control your home via the app: https://www.dwelo.com/
4811 Burnet Rd.
Only 52 units are available in this boutique apartment community located right on the bustling Burnet Road, or BuRo if you wanna get all fancy pants about it. Built by the outstanding local firm Mid-City Development, who specializes in high-end luxury condos, this ain’t your average nationally-funded cookie cutter Austin apartment building.
The Braxton, which is set to open its doors in January 2019, is already 30% leased up! With a rooftop pool boasting a Downtown view and a dog washing station, units won’t last long.
The location is prime, too. We don’t just love how it’s steps from local favorite hotspots like Picnik and Pinthouse Pizza, but we also love that the construction on this quaint community mirrors the visual aesthetic of the super popular South Congress Hotel. Call us for more info on The Braxton if you’re looking to snag one of these coveted Burnet Road apartments in Austin!
Currentleasing special is 1st month free if you lease by the end ofOctober. 1/1s with 525 sq ft start at $1500 before factoring in the special,and 2/2s start at $2350 for 1075 sq ft.
3218 Gonzales St.
Right down the road from the Austin Craft Realty World Headquarters here on Austin’s vibrant Eastside rises a brand new luxury building in the Govalle neighborhood. Visible off E. 7th St, The Guthrie gives you the convenience of being within two miles from Downtown Austin while maintaining the quaintness of quiet residential surroundings. Since all the newer Eastside apartment developments—and most new modern mid-rises in Austin’s urban core while we’re on the subject—are on bustling streets like E. 6th and E. Manor, The Guthrie is perfect for those who like a little more peace and quiet.
While pre-leasing has already began, they are still a month or two out from their first move-ins. The Guthrie has an abundance of unique multi-level Townhome units that come complete with private 2-car garages!
Rents start at $1,225 for a studio, $1,505 for a 1/1, and$2,465 for a 2/2…these are before their current special of one month free kicks in!
E. 6th near Comal
While not much is known about this smaller 115 unit community currently being built by Transwestern Development Co, what we do know is that it’s a fantastic location right in the middle of all the action on the bustling E. 6th corridor on Austin’s Eastside right across the street from The Arnold Apartments and a couple blocks away from the Austin Craft Realty office. One thing that’s for sure is Austin Craft Realty will have the lowdown on this exciting community as it nears its completion on Austin's fastest-developing corridor.
10727 Domain dr.
Modeled after the world-famous Flatiron building located at 5th & Broadway in Manhattan, this amenity-rich Austin apartment complex places you in the middle of the action in The Domain, which is considered Austin’s uptown or second downtown. With huge companies like Facebook, Indeed, and Homeaway leasing up entire office towers near The Domain that haven’t even been built yet, you can bet that Flatiron Apartments will be in high demand.
Broadstone Burnet Apartments
10301 Burnet rd.
Featuring an uncommon yet extremely classy amenity that the city of Austin hasn't seen yet--a wine corking room--this traditionally styled building located catty-corner from The Domain's south entrance is on the cusp of opening. Broadstone Burnet appeals most to those who want to be close to the shopping and entertainment of The Domain, but not to live right in the middle of the consumerist storm...sometimes you gotta take a break from the madness! With the upcoming FC Austin soccer stadium close by at McKalla Place, Broadstone Burnet is the perfect new home for soccer fans seeking style and sophistication.
1/1s start at $1337 and 2/2s at $2025. Current special is a $500 gift card.
There you have it...the new kids on the block. The shiniest diamonds in the crown of Austin's ever-expanding apartment portfolio. Are these the best deals in town?? Maybe so, maybe no. The fastest way to find out is by calling up an Austin Craft Realty agent at 512-649-1010 for your uber-personalized assessment of the market. We do the research so you don't have to!