by Cassie McKee
One of the downsides of Austin’s hot housing market is that it can be difficult for families in lower income brackets to find a house. Fortunately there are several new affordable housing developments expected to open within the next two years. Here are five new developments to watch for.
Cardinal Point
Cardinal Point opened just recently in 2017 in the Four Points community of west Austin. The apartments feature 140 units and are a great place for families as it is located in the highly-rated Leander Independent School District. Families living at the property have access to free education financial stability and health programs right where they live. There is also a Community Learning Center with after-school and summer learning programs ESL classes and fitness classes like Zumba and yoga. 11015 Four Points Drive Austin. For more information contact Foundation Communities at 512-381-4599.
Lakeline Station Apartments
Lakeline Station is an affordable and environmentally-friendly apartment complex located in North Austin. They offer floor plans in 1 2 and 3 bedroom options and even have accessible units available. Rent prices vary and can run anywhere from $705 per month to $1220 per month. Lakeline Station also facilitates At-Risk/Homeless families as part of their Children’s Home Initiative Program. Contact Lakeline Station Apartments at 512-615-4750 located at 13635 Rutledge Spur Austin TX 78717.
Windy Ridge
Windy Ridge Apartments is another great affordable option in the Austin area. This apartment complex was recently taken over by Dominium Management Services LLC. The property features 120 units with one- through three-bedroom options. Also in Leander ISD amenities include a clubhouse pool dog park covered parking and energy-efficient appliances. 10910 Ranch Road 620 N. Austin. For more information contact Windy Ridge at 512-973-9900.
Tuckaway Apartments
This 17.5-acre site is brand new to the Cedar Park area. Tuckaway Apartments feature a number of amenities including a swimming pool splash pad fitness center business center dog park two playgrounds and masonry exteriors. While the site’s current zoning allows for 20 units per acre or 340 units Tuckaway only has 256 units which would allows for a two-acre public park more green space and a buffer along Bagdad Road. It is also located in Leander ISD. 1700 Bagdad Rd. Cedar Park. For more information contact Pedcor Investments at 512-379-0343.
Aldrich 51
Located in the heart of Austin Aldrich 51 is located in the highly desirable Mueller community a mixed-use community featuring shopping restaurants and walking trails. Of the development’s 240 units 85 percent are delegated to those in need in the community. Working adults can choose from a studio one two and three bedroom unit. The only qualification is that the families earn 30 to 60 percent of the median family incomes in Austin a range between $32000 and $41250 for a family of four. . Units will range from $620 to $1200 per month. Located at 2604 Aldrich Street Austin. For more information contact Aldrich 51 at 512-904-0501.
