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701 Sparks Ave is a highly rated property with a Zumper expert rating of 7.7, indicating it is a compelling option for renters. It features quality construction, modern luxury, and an open-concept layout, complemented by off-street parking and premium materials. Additionally, the property's excellent amenities and central location, coupled with a strong trustworthiness rating, make it a standout choice in the market while offering convenient access to nearby schools and key points of interest.
Things you’ll love
Middle school nearbyElementary school nearby| 4BR/4.0BA | 4 bed | 4 bath | $6,000 /mo | 2 units available | Now pre-leasing for an August 2026 move-in, this brand-new 4-bedroom, 4-bathroom home is currently under construction and will offer modern luxury just a short walk from The University of Texas. Designed with elevated finishes and thoughtful architecture, this rare new-build near campus provides a fresh, upscale leasing opportunity in one of Austin’s most desirable neighborhoods. The home will feature an open-concept layout with abundant natural light, a high-end kitchen with premium materials and fixtures, and four well-sized bedrooms served by four beautifully finished bathrooms. The design is ideal for roommates, professionals, or anyone seeking a brand-new residence close to UT. Off-street parking will be included—an exceptional convenience in this central location. With its walkable proximity to campus, quality construction, and anticipated August 2026 completion, this home offers the chance to secure newly built luxury housing well ahead of schedule. |
Let's explore this property.
Apartment Amenities
| Dryer |
Appliances
| Dishwasher | In-Unit Laundry |
| Range | Refrigerator |
One-time.
One-time. Refundable.
| Units | 2 |
|---|
Now pre-leasing for an August 2026 move-in, this brand-new 4-bedroom, 4-bathroom home is currently under construction and will offer modern luxury just a short walk from The University of Texas. Designed with elevated finishes and thoughtful architecture, this rare new-build near campus provides a fresh, upscale leasing opportunity in one of Austin’s most desirable neighborhoods. The home will feature an open-concept layout with abundant natural light, a high-end kitchen with premium materials and fixtures, and four well-sized bedrooms served by four beautifully finished bathrooms. The design is ideal for roommates, professionals, or anyone seeking a brand-new residence close to UT. Off-street parking will be included—an exceptional convenience in this central location. With its walkable proximity to campus, quality construction, and anticipated August 2026 completion, this home offers the chance to secure newly built luxury housing well ahead of schedule.
How 701 Sparks Ave compares to other nearby properties.
Positives
4-bedroom apartments at 701 Sparks Ave cost about 54% more than the average rent price for 4-bedroom apartments in Hancock.
| Month | Median Rent |
|---|---|
| February 2024 | $1,438 |
| March 2024 | $1,495 |
| April 2024 | $1,500 |
| May 2024 | $1,504 |
| June 2024 | $1,520 |
| July 2024 | $1,502 |
| August 2024 | $1,521 |
| September 2024 | $1,582 |
| October 2024 | $1,596 |
| November 2024 | $1,576 |
| December 2024 | $1,569 |
| January 2025 | $1,582 |
| February 2025 | $1,576 |
| March 2025 | $1,582 |
| April 2025 | $1,601 |
| May 2025 | $1,583 |
| June 2025 | $1,582 |
| July 2025 | $1,574 |
| August 2025 | $1,579 |
| September 2025 | $1,582 |
| October 2025 | $1,582 |
| November 2025 | $1,584 |
| December 2025 | $1,585 |
| January 2026 | $1,583 |
| Month | Median Rent |
|---|---|
| February 2024 | $1,300 |
| March 2024 | $1,371 |
| April 2024 | $1,477 |
| May 2024 | $1,502 |
| June 2024 | $1,505 |
| July 2024 | $1,519 |
| August 2024 | $1,501 |
| September 2024 | $1,511 |
| October 2024 | $1,516 |
| November 2024 | $1,498 |
| December 2024 | $1,496 |
| January 2025 | $1,504 |
| February 2025 | $1,514 |
| March 2025 | $1,514 |
| April 2025 | $1,504 |
| May 2025 | $1,493 |
| June 2025 | $1,504 |
| July 2025 | $1,531 |
| August 2025 | $1,414 |
| September 2025 | $1,566 |
| October 2025 | $1,567 |
| November 2025 | $1,503 |
| December 2025 | $1,375 |
| January 2026 | $1,400 |
Can I afford to live at 701 Sparks Ave?
Bedrooms
4+ bedroomsRent-to-income ratio
30%
$240,000/yr
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