Highland Flats

400 Kenniston Dr, Austin TX 78752

Stabilized Studio Asset in Central Austin’s Highland Neighborhood

Fully Renovated Property with Immediate Rent Growth Potential

400 Kenniston Dr, Austin TX 78752

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