1501 Kinney Avenue, Austin, TX 78704 For Sale

TURNKEY ASSET, STRONG IN-PLACE CASH FLOW

Barton Ridge is a 37-unit, garden-style apartment community situated on a 0.93-acre site in the heart of South Austin’s Zilker neighborhood. Originally constructed in 1973, the property has undergone capital improvements including interior renovations to approximately 95% of the units. These updates feature quartz countertops, stainless steel appliances, shaker-style cabinetry, new lighting, and wood-style flooring. The community also offers a resurfaced pool, modern signage, upgraded landscaping, and on-site laundry facilities—creating a turnkey, low-maintenance asset with operational upside. The property has consistently operated at or above 95% occupancy, benefiting from strong in-place demand driven by its walkable location and attainable rents.

CORE SOUTH AUSTIN LOCATION | WALKABLE TO SOLA

Located just one block off South Lamar Boulevard, Barton Ridge benefits from walkable access to some of Austin’s most iconic destinations including Alamo Drafthouse, Uchi, and the Lamar Union mixed-use district. The property sits within minutes of Zilker Park, Barton Springs Pool, and Lady Bird Lake, and offers seamless connectivity to Downtown, SoCo, and the broader metro via Lamar, Oltorf, and Riverside. This highly walkable, infill location is surrounded by new development and million-dollar single-family homes, providing a desirable urban-core lifestyle in one of Austin’s most supply-constrained pockets.

CONDO CONVERSION OR REDEVELOPMENT POTENTIAL

With its low-density site plan and MF-3 zoning, Barton Ridge offers long-term optionality for condo conversion or full-scale redevelopment. The surrounding Zilker and South Lamar neighborhoods have seen a surge in demand for for-sale product. Given the property’s 0.93-acre site, walkable location, and upgraded interiors, Barton Ridge presents a prime covered land opportunity in one of Austin’s most constrained and desirable urban cores.