1220 W Anderson Ln., Austin, TX 78757

EXTENSIVELY RENOVATED ASSET IN NORTH CENTRAL AUSTIN

Anderson Flats is a 32-unit multifamily community in the Wooten neighborhood of North Central Austin, positioned near the eastern side of the district with quick access to MoPac, Highway 183, and I-35. Built in 1969, the two-story property offers a balanced mix of one- and two-bedroom units that cater to a diverse tenant base. Located within a pocket of upgraded assets, Anderson Flats benefits from strong rental demand supported by proximity to Downtown, The Domain, and other major employment hubs.

WELL-POSITIONED WITH AREA GROWTH AND DEVELOPMENT MOMENTUM

The property has undergone substantial renovations, including comprehensive exterior upgrades and significant interior improvements across most units featuring modern finishes, updated appliances, and contemporary lighting. Residents enjoy convenient walkability to retail, dining, and daily services along the North Lamar corridor, and are less than a mile from the North Lamar Transit Center. Surrounding investment activity—including the planned 16-acre Anderson Square mixed-use redevelopment, the Wheatsville Food Co-op expansion, and new luxury residential projects such as The Ander—continues to elevate neighborhood amenities, visibility, and long-term rental appeal. With strong in place condition and light operational upside, Anderson Flats offers investors a well-positioned asset in a proven, high-demand submarket.