1 Day Ago
Location
703 Sparks Avenue, Austin, Texas 78705, United States|Hancock
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Property Overview
703 Sparks Ave offers a strong Zumper Expert Rating, indicating its overall appeal. Key advantages include excellent transit options and a walkable neighborhood, making it an ideal location for those seeking a vibrant social life. Additionally, with numerous mixed-use spaces and restaurants nearby, it provides a diverse and engaging living experience.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Middle school nearby- Elementary school nearby
Great for
Social life
Floor plans
| 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. |
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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Building details
Property details
| Units | 2 |
|---|
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About 703 Sparks Ave
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.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
7.5
/10
Very Good703 Sparks Ave is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
Price·7A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
While the monthly rent is more than the median price per bedroom of nearby properties, 703 Sparks Ave has other amenities and features that might compensate for the increased price. The higher monthly rent potentially reflects a higher quality of living that renters might find here, compared to other properties in the area.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 703 Sparks Ave is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
703 Sparks Ave is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 703 Sparks Ave does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
703 Sparks Ave is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 703 Sparks Ave compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 2 miles away
- Elementary school nearby
- There is an elementary school 0.3 mile away
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Rent trends in Hancock
4-bedroom apartments at 703 Sparks Ave cost about 40% more than the average rent price for 4-bedroom apartments in Hancock.
Median rents as of Dec 6 2025.
Hancock
Austin
| Month | Median Rent |
|---|---|
| December 2023 | $1,444 |
| January 2024 | $1,445 |
| 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 | $1,592 |
| Month | Median Rent |
|---|---|
| December 2023 | $1,462 |
| January 2024 | $1,424 |
| 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 | $1,502 |
Affordability calculator
Can I afford to live at 703 Sparks Avenue?
Bedrooms
4+ bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$240,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $240,000 annually to afford this 4-bedrooms monthly rent price of $6,000.
For more information on rent affordability, visit our rent calculator.
Schools near 703 Sparks Ave
Lee Elementary School
3308 hampton rd
austin, TX, 78705
K-6Public
A-
Rosedale School
7505 silvercrest dr
austin, TX, 78757
PK, K-12Public
Padron Elementary School
2011 w rundberg ln
austin, TX, 78758
PK, K-5Public
C
Uphaus Early Childhood Center
5200 freidrich ln
austin, TX, 78744
PK, KPublic
B
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Internet available near 703 Sparks Ave
Neighborhood
Hancock | Austin, TX
NEIGHBORHOOD VIBE
Green oasis
A botanical paradise blooming with foliage.
Getting around Austin near 703 Sparks Avenue
Walking
8/10
No car? No problem. Everything you need is within a few blocks.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
8/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.
Transit
6/10
Popular public transit options are just a short walk from this location.
Points of interest for 703 Sparks Avenue, Austin
Groceries
9/10
At least one supermarket within a 10-minute walk
Shopping
7/10
Several shops within a few minutes’ walk
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
8/10
Variety of restaurants within a few minutes' walk
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
6/10
At least one high school within a 20-minute walk
Parks
9/10
Very large amount of park space within a few minutes' walk
Nightlife
6/10
Several bars within a few minutes’ walk
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