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Renovated Multifamily Portfolio
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Pending

1211 W 8th St, Austin, TX 78703

Four renovated communities offer studio, one- and two-bedroom units with pools, laundry facilities, covered parking, and a playground.

Property Size99,368 SF
Days on Market555

Property Features for 1211 W 8th St

General Information

Standard status Pending
Size 99,368 SF
Property subtype Multifamily
Occupancy 75%
Investment Type Value Add

Amenities

pool
laundry facilities
covered parking
playground

Building Details

Year Renovated 2020
Units 164
Listing Agency: EDGE Realty Partners Dallas / Fort Worth
Listed By: Mart Martindale · License #487949
Source: Crexi
Added: Feb 25, 2025 Changed: Aug 31 Last Checked: Aug 31 at 3:32AM

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 EDGE Realty Partners Dallas / Fort Worth

Investment Insights

Based on property information with market context.

This Austin multifamily portfolio includes four apartment communities totaling 164 units. The Chateau on West 8th contains 30 units averaging 523 SF, with studio and one-bedroom layouts, in-unit laundry, stainless steel appliances, granite countertops, updated cabinetry, vinyl flooring, and exterior improvements completed during its 2020 renovation. Hyde Park Square contributes 48 units averaging 746 SF across one- and two-bedroom floor plans on 1.11 acres, with renovated interiors, select in-unit laundry, a pool, and community laundry facilities. It was built in 1963 and renovated in 2020.

The Highlander adds 50 one- and two-bedroom units averaging 601 SF on 0.5394 acres. The community was constructed in 1962 and renovated in 2020, with updated kitchens and bathrooms, covered parking, a playground, and laundry facilities. Sunset Palms includes 36 one-bedroom units, each approximately 495 SF, on 0.8130 acres. Built in 1971 and renovated in 2020, the property features quartz countertops, custom cabinetry, vinyl flooring, stainless steel appliances, and ceramic tile. Reported occupancy is 100% at The Chateau, 62.5% at Hyde Park Square, 86% at The Highlander, and 55.6% at Sunset Palms.

Key Highlights

  • 164‑unit Austin multifamily portfolio comprising four apartment communities
  • The Chateau on West 8th: 30 units, 100% occupied, and renovated in 2020
  • Hyde Park Square: 48 units on 1.11 acres with pool and laundry facilities

Property Analytics

Current Use

The Chateau by ARIUM Apartment Complex

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Fish Market Adult Day Care Supermarket Home Appliance 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

3,951
Businesses Nearby

Demographics for 78703, TX

22,194
Population
12,237
Households
1.8
Avg Household Size
38
Median Age
84%
College-Educated
99%
High-School Grad
5.6 sq mi
ZIP Area
3,963
Density / Sq Mi
$144,637
Median Household Income
$80,622
Median Earnings
$2,217
Median Rent
$1,353,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Four renovated communities offer studio, one- and two-bedroom units with pools, laundry facilities, covered parking, and a playground.
Where is this apartment building located?
The property is located at 1211 W 8th St Austin, TX.
What are key features of this property?
This property features: 164‑unit Austin multifamily portfolio comprising four apartment communities; The Chateau on West 8th: 30 units, 100% occupied, and renovated in 2020; Hyde Park Square: 48 units on 1.11 acres with pool and laundry facilities
(214) 545-6917 Call to check price and availability
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