Anderson Square

Located just off Anderson Lane, Gardens at Anderson Square is a boutique 16-unit multifamily community in the heart of north central Austin. Spanning a quiet micro-pocket experiencing a wave of investor-driven revitalization, this low-rise, Class C property offers significant upside potential. Current ownership has renovated 63% of the units, delivering chic interior updates that command rental premiums exceeding $500 over classic units.

Built in 1969 and thoughtfully upgraded in 2023, the property sits on a 0.39-acre lot with a building footprint of 10,432 square feet. With a strong 89% average occupancy rate and a favorable parking ratio, Gardens at Anderson Square caters to today’s urban renters seeking style, access, and convenience. Its location places residents within a 10-minute commute to Austin’s top employment hubs—including Downtown, the Domain, Mueller, and the University of Texas. Proximity to I-35, Mopac, and Highway 183 ensures seamless connectivity across the metro, making this a strategic opportunity for multifamily investors capitalizing on Austin’s ongoing growth.