Apartment and Townhome
For Sale
Contact for pricing
Pending
1212 Westheimer Dr., Austin, TX 78752
Fee simple opportunity featuring 199 units across 26 buildings, including 17% townhome units, with recent exterior improvements.
Property SizeContact for details
Lot Size7.13 Acres
Days on Market126
Property Features for 1212 Westheimer Dr.
General Information
Standard status
Pending
Lot size
7.13 Acres
Property subtype
Multifamily
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Multifamily Units
199
Listing Agency:
Walker & Dunlop, Inc.
Listed By:
Spencer Roy · License #TX 738683
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Aug 13 at 7:34AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Walker & Dunlop, Inc.
Investment Insights
Based on property information with market context.
Azure Apartments & Townhomes offers a fee simple investment in a 7.13-acre apartment and townhome community with 199 total units dispersed across 26 well-maintained buildings. Seventeen percent of the units are townhome-style homes.
The property is located in Austin’s Northeast Central submarket near Cameron Road, just off U.S. 290, with access to U.S. 183 and Interstate 35.
Recent ownership invested approximately $2,000,000 in exterior improvements, including strategic modernization and rebranding designed to enhance curb appeal. The property was also a nominee for the Austin Apartment Association 2019 Property of the Year Award.
The property is located in Austin’s Northeast Central submarket near Cameron Road, just off U.S. 290, with access to U.S. 183 and Interstate 35.
Recent ownership invested approximately $2,000,000 in exterior improvements, including strategic modernization and rebranding designed to enhance curb appeal. The property was also a nominee for the Austin Apartment Association 2019 Property of the Year Award.
Key Highlights
- 7.13‑acre multifamily community with 199 units across 26 buildings
- Unit mix includes 17% townhome units
- Fee simple interest offered for Azure Apartments & Townhomes
Property Analytics
Property Profile
Current Use
Lease Details
199
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,454
Businesses Nearby
Explore this area
Business Placement
Demographics for 78752, TX
19,289
Population
10,929
Households
1.8
Avg Household Size
33
Median Age
45%
College-Educated
87%
High-School Grad
3.3 sq mi
ZIP Area
5,845
Density / Sq Mi
$66,404
Median Household Income
$38,805
Median Earnings
$1,445
Median Rent
$361,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fee simple opportunity featuring 199 units across 26 buildings, including 17% townhome units, with recent exterior improvements.
Where is this apartment building located?
The property is located at 1212 Westheimer Dr. Austin, TX.
What are key features of this property?
This property features: 7.13‑acre multifamily community with 199 units across 26 buildings; Unit mix includes 17% townhome units; Fee simple interest offered for Azure Apartments & Townhomes
