Highland Flats presents a compelling opportunity for investors seeking a stabilized, value-add asset in Austin’s rapidly developing Highland neighborhood. This fully renovated property offers studio units ranging from 400 to 500 square feet, with current rents between $995 and $1,195 per month. Recent renovations include modernized interiors and updated amenities, positioning the property to attract a diverse tenant base seeking affordability and convenience.
Strategically located near major thoroughfares such as I-35 and Highway 183, Highland Flats provides residents with easy access to downtown Austin, the University of Texas, and the Mueller development. The property’s proximity to public transportation and a variety of retail and dining options enhances its appeal to renters. With its stabilized occupancy and potential for rent growth through modest unit upgrades, this asset offers investors a strategic foothold in one of Austin’s most dynamic submarkets.
Myria Free | REALTOR® Texas License # 742017
Vice President Sales and Acquisitions | Ragland Realty and Management, LLC
(512) 537-3399