When it comes to apartments in Downtown Austin (you can search for properties here), most people think that they simply aren’t affordable. There are countless new projects, many of them high-profile, that offer one bedrooms for more than $2500 per month, or two bedrooms for more than $3500 per month. While this may be perfect for high rollers with no budget, most of us just can’t afford a downtown Austin apartment that expensive - we’re just looking for a quality apartment at an affordable price that puts us in the middle of the action. If you’ve been looking for a great one or two bedroom apartment downtown and have been finding outrageous prices at every turn, the Robertson Hill Apartments - located just east of IH-35 on San Marcos at 11th Street - may be just what you’ve been searching for. Recently built just a few years ago at the historic Robertson Hill site in east Austin, these apartments offer countless upscale amenities, an outstanding clubhouse and pool, and more. Read on to learn more about Robertson Hill apartments in downtown Austin and how to reserve your unit today!
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According to the Austin American Statesman and the Real Estate Center at Texan A&M (boo Aggies!), after two years of steady decline in occupancy rate and pricing in the Austin apartment market, the end of the 2009 saw improvement and 2010 looks to be a strong recovery year for the Austin market. The uptick in prices and occupancy can be partially attributed to the generally strong and steadily-recovering local economy, the fact that Austin has had fewer layoffs than most other major cities, and the general desirability of relocating to Austin. The fact that fewer buyers were purchasing new homes also leads more people to choose apartment living as an alternative, and this probably won’t change much into 2010, although the most recent data suggests that Austin actually had a massive year-over-year increase in home sales in December as well (over 57% according to the Austin Board of Realtors). The major takeaway from all of this: despite the fact that over 4000 apartments were added to the Austin market from June-December alone, more units were actually leased in that period than were built, which is a perfect example of the resiliency and singular nature of the Austin market for rental property and and even better reason to invest in multifamily property in Austin, TX!
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A recent Austin Towers article points out the fact that the huge number of top ten lists, shout-outs in business magazines, positive press coverage, and explosive growth rate in Austin all point to an undeniable fact: Austin, TX is no longer a sleep college town, but rather a thriving top-tier city that is going to continue to attract huge new residents in the coming years. Austin has grown rapidly during the last decade (as have the surrounding areas such a Pflugerville and Round Rock which have both been among the fastest growing cities in the US in the past five years), and people coming to Austin are eager to take advantage of the fantastic job market, stable real estate prices, quality of life, and more. How does this relate to the UT real estate market? Investing in UT real estate isn’t an excellent idea just because of steady appreciation, consistently high occupancy, and unparalleled location, but also because as Austin continues to grow and true central city density develops, property is going to be at an even greater premium that’s closer to Downtown, parks, major thoroughfares, and retail/dining. Sound familiar? That’s UT Austin, specifically the North Campus and West Campus areas (you can search for properties here or learn more about the neighborhoods here), and West Campus Living is here to help you make the smart move today. Read on to learn more about some of the recent attention Austin has received and some of the ways in which it’s going to be one of the most important American cities of the next two decades.
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Just a few years back amidst considerable controversy, the Triangle apartments and mixed used development was created right in the heart of Central Austin at 47th and Guadalupe. And now, after a few years of retail development, marketing, and a few hundred satisfied tenants later, The Triangle has emerged as precisely what its designers had in mind: a vibrant mixed-use development close to everything that offers quality residences, excellent restaurants, and a perfect location. The Triangle consists of several large apartment buildings as well as the recently opened Triangle Lofts (upscale residences offering more modern finishes and larger floor plans), retail, condos (coming soon), and green spaces for a total of 120,000 square feet across a 22-acre development site. If you’re looking for a new place you should definitely check out The Triangle apartments!
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For those looking to leave near Downtown Austin as well as many UT students looking to branch out beyond the narrow confines of north and west campus, the recently built Robertson Hill apartment complexes are rapidly becoming one of the hot places to be. Though it took them some time to get established, Robertson Hill is now over 95% leased for August, a feat they accomplished on the strength of their excellent pricing, well-designed floor plans, nice finishes, and friendly customer service. West Campus Living has helped students and young professionals alike find their new home at Robertson Hill, so read on to learn more about this exciting new apartment in Austin, TX!
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Clarksville is unquestionably one of Austin’s hottest and hippest neighborhoods. Bounded by MoPac on the west and Lamar Boulevard on the east, it retains a remarkable historic charm despite its amazing proximity to Downtown. Because of its historical significance, the city has protected Clarksville from growth, but the adjacent West End area (and the Central Design District at Lamar and Sixth) means Clarksville residents can have it all: hip, urban lifestyles with quaint, old-Austin feel.
Clarksville’s long history begins with former Texas Gov. Elisha Pease, who divided a portion of his plantation and sold it to slaves to build their homes. Charles Clark, a freed slave, started the community ten years later, and the neighborhood still bears his name. As Austin continued to grow into the 20th century, the area developed and became part of the city. Now, residents include young families, quiet professional types, and anyone who wants to live close to downtown but prefers old-style Austin to modern urban living. It’s the best of what Austin real estate has to offer - hip, close to everything, and affordable by national standards!
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Downtown is where Austin goes to have fun. Sixth Street, the Warehouse District, the Convention Center, the Second Street District, and countless hotels and restaurants ensure that the party doesn’t stop until the wee hours of the morning. But Downtown is more than just a place to party – it’s the epicenter for dining, culture, and life in Austin, TX.
The entertainment districts are their own entity, separated from the nearby residential areas to the extent necessary to keep the noise down for those who prefer the other side of Downtown. There are actually plenty of places Downtown to lay low, and galleries, shops, and lounges offer an alternative to the rowdy party scene. Earlier in the evening, you’ll find friends out to a nice dinner or couples taking a walk, and as the morning draws closer, the party begins.
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