Multifamily Apartment
For Sale
Contact for pricing
Pending
1614 Wheless Lane, Austin, TX 78723
18,596 SF apartment community with studio, 1-, and 2-bedroom units, offering upgrades and upside through further value creation.
Property Size18,596 SF
Lot Size0.95 Acres
Days on Market84
Property Features for 1614 Wheless Lane
General Information
Standard status
Pending
Size
18,596 SF
Lot size
0.95 Acres
Property subtype
Multifamily
Zoning
MF 3
Investment Type
Value Add
Additional Details
Highway Access
Yes
Building Details
Units
22
Tenancy
Multi
Listing Agency:
Keller Williams Realty Austin
(512) 800-4886
Listed By:
Jeffrey Slanker · License #TX 617990
Source:
Crexi
Added: Jun 9
Changed: Aug 31
Last Checked: Aug 29 at 9:43PM
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 Keller Williams Realty Austin
Investment Insights
Based on property information with market context.
Maple Arms is an 18,596 SF multifamily property on 0.95 acres in Austin’s established Windsor Park submarket. The community offers a mix of studio, one-bedroom, and two-bedroom units designed for Austin’s renter population. The property includes recent property improvements and selective unit upgrades, creating a baseline for continued ownership and potential future enhancements.
Located at 1614 Wheless Lane, the property benefits from convenient access to major employment centers and everyday destinations. It is described as being near Mueller, Downtown Austin, the University of Texas, and major regional roadways including US 290, IH 35, and Highway 183. The surrounding area is characterized as an established infill submarket with connectivity throughout the Austin metropolitan area.
For investors and operators seeking a stabilized multifamily platform, Maple Arms provides an apartment mix spanning studios through two-bedrooms. Recent improvements and unit upgrades may support day-to-day operations, while the offering also notes additional opportunities to further enhance value and operating performance. The asset’s location within a mature, renter-populated submarket and proximity to employment, retail, healthcare, and education support broad tenant appeal.
Located at 1614 Wheless Lane, the property benefits from convenient access to major employment centers and everyday destinations. It is described as being near Mueller, Downtown Austin, the University of Texas, and major regional roadways including US 290, IH 35, and Highway 183. The surrounding area is characterized as an established infill submarket with connectivity throughout the Austin metropolitan area.
For investors and operators seeking a stabilized multifamily platform, Maple Arms provides an apartment mix spanning studios through two-bedrooms. Recent improvements and unit upgrades may support day-to-day operations, while the offering also notes additional opportunities to further enhance value and operating performance. The asset’s location within a mature, renter-populated submarket and proximity to employment, retail, healthcare, and education support broad tenant appeal.
Key Highlights
- Maple Arms is a 18,596 SF multifamily apartment community on 0.95 acres in Austin’s Windsor Park submarket
- Unit mix includes studio, 1‑bedroom, and 2‑bedroom apartments
- Recent property improvements and selective unit upgrades provide a foundation for future ownership
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,194
Businesses Nearby
Explore this area
Business Placement
Demographics for 78723, TX
34,522
Population
17,065
Households
2
Avg Household Size
35
Median Age
56%
College-Educated
91%
High-School Grad
7.1 sq mi
ZIP Area
4,862
Density / Sq Mi
$87,978
Median Household Income
$54,769
Median Earnings
$1,478
Median Rent
$513,500
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 - 18,596 SF apartment community with studio, 1-, and 2-bedroom units, offering upgrades and upside through further value creation.
Where is this apartment building located?
The property is located at 1614 Wheless Lane Austin, TX.
What are key features of this property?
This property features: Maple Arms is a 18,596 SF multifamily apartment community on 0.95 acres in Austin’s Windsor Park submarket; Unit mix includes studio, 1‑bedroom, and 2‑bedroom apartments; Recent property improvements and selective unit upgrades provide a foundation for future ownership
