Search
139-Unit Apartment Community
For Sale
Contact for pricing
Pending

3501 S 1st St, Austin, TX 78704

Urban Austin apartment property with completed exterior and amenity improvements.

Property SizeContact for details
Days on Market143

Property Features for 3501 S 1st St

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Walker & Dunlop, Inc.
Listed By: Spencer Roy · License #TX 738683
Source: Crexi
Added: Apr 10 Changed: Aug 30 Last Checked: Aug 30 at 12:14PM

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.

This apartment community contains 139 units at 3501 S 1st St in Austin’s 78704 area. The property has received capital investment directed toward exterior elements and amenity improvements, supporting a refreshed community presentation.

The property is positioned 2.5 miles south of Downtown Austin, between the South Congress and South Lamar districts. Access to HWY 290/71, IH-35, MoPac, and Loop 360 connects the community with employment centers and destinations throughout the urban core.

A comprehensive unit upgrade program has been identified as a potential next phase of property investment, complementing the improvements already made to the exterior and amenities.

Key Highlights

  • 139‑unit apartment community
  • Located 2.5 miles south of Downtown Austin
  • 3501 S 1st St in Austin’s 78704 area

Property Analytics

Current Use

Establishment Real Estate Agency Cypress Hill Apartments Apartment Complex Let's Walk Austin Dog Walker

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Butcher Computer & Electronic Repair Pet Grooming Service Wine and Liquor Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,976
Businesses Nearby

Demographics for 78704, TX

49,197
Population
29,959
Households
1.6
Avg Household Size
34
Median Age
70%
College-Educated
94%
High-School Grad
8.8 sq mi
ZIP Area
5,591
Density / Sq Mi
$97,160
Median Household Income
$67,527
Median Earnings
$1,755
Median Rent
$862,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Urban Austin apartment property with completed exterior and amenity improvements.
Where is this apartment building located?
The property is located at 3501 S 1st St Austin, TX.
What are key features of this property?
This property features: 139‑unit apartment community; Located 2.5 miles south of Downtown Austin; 3501 S 1st St in Austin’s 78704 area
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message