Zumper
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Updated 8 Hours Ago

Highlights

  • Pet Friendly

Location

605 Masterson Pass, Austin, TX 78753, USA|North Lamar
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Contact

Management

Belco Equities

Leasing office

(844) 243-9986 ext. 2115

Open today 

8:30 am–5:30 pm CT

Property Overview

Arrowhead Park Apartments earns a strong overall impression with excellent value, standout amenities, and a highly convenient location. It also ranks well for pet friendliness and fitness or wellness, with outdoor spaces, an on-site gym, a pool or spa, HVAC, and nearby grocery options contributing to its appeal.

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.

Zumper Expert Rating

8.2
Very Good
With a solid 8.2 out of 10 overall, Arrowhead Park Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Arrowhead Park Apartments has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Less expensive
  • Laundry available on site

Great for

  • Wellness
  • Pet owners

Floor plans

1BD 1BA1 bed1 bath667 sqft$940 /mo2 units available
2BD 1BA2 bed1 bath762 sqft$1,040 /mo3 units available
2BD 2BA2 bed2 bath842 sqft$1,090 /mo2 units available
3BD 2BA3 bed2 bath1,034 sqft$1,300 /mo13 units available

Let's explore this property.

Amenities for Arrowhead Park Apartments

Apartment Amenities

Air ConditioningBalcony
Ceiling FanCentral Heat
Central Heating and Air ConditioningHard Surface Countertops
PantryPatio
Private BalconyWasher/Dryer Hookups

Appliances

DishwasherGarbage Disposal
In-Unit Laundry

Tech

Cable/Satellite AvailableHigh-Speed Internet

Building

Business CenterCats OK
Controlled AccessDogs OK
Fitness CenterLibrary
Onsite LaundrySmoke-free

Grounds

GateOutdoor Space
PlaygroundSwimming Pool

Services

BilingualNight Patrol
On-Site MaintenanceOn-Site Management
Recycling
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Application Fee

Per-applicant. Agent application fee.

Contact Property

REQUIRED FEES

Deposit

One-time. Refund Policy: 100%. Security Deposit.

$150–$300

OPTIONAL FEES

Cat Policy

Allowed
Limit2

Small Dog Policy

Allowed
Limit2

Cat

Cat Fee

One-time. 2 cats max. Refund Policy: Non-refundable.

$100

Cat Deposit

One-time. Refund Policy: $200.00.

$200

Cat Rent

Monthly. Refund Policy: Non-refundable.

$10

Dog

Dog Fee

One-time. 2 dogs max. Refund Policy: Non-refundable.

$100

Dog Deposit

One-time. Refund Policy: $200.00.

$200

Dog Rent

Monthly. Refund Policy: Non-refundable.

$10

Questions about this property’s policies and fees?

Building details

Property details

Units290
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About Arrowhead Park Apartments

HomeApartments in AustinNorth Lamar Arrowhead Park Apartments

Affordable Living In The Heart Of Austin! Arrowhead Park Apartments Is An Affordable Housing Community With Income Restrictions. Please See Below For More Information. *Call And Ask About Our Select Employer Discount And Move In Specials On Select Floorplans!


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.
8.2
/10
Very Good
With a solid 8.2 out of 10 overall, Arrowhead Park Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Arrowhead Park Apartments has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
How we rated Arrowhead Park Apartments
Price·8A 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.
Scoring a 8/10, Arrowhead Park Apartments is a great option for renters looking for apartments in North Lamar. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
Amenities·10A 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.
Arrowhead Park Apartments stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Arrowhead Park Apartments 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 Arrowhead Park Apartments does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A 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.
Arrowhead Park Apartments provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

Arrowhead Park Apartments is great for:

Wellness

  • On-site fitness center or gym
  • HVAC systems available onsite
  • There are 28 grocery stores within 1 mile
  • On-site pool or spa

Pet owners

  • Outdoor spaces are available at this property

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 Arrowhead Park Apartments compares to other nearby properties.

Positives

Less expensive
The 3-bedrooms are cheaper than other similar listings nearby
Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
Laundry available on site
Washers and dryers are available in-building or in-unit

Considerations

Greater distance from middle schools
The nearest middle school is farther than 1 mile away
Greater distance from grade schools
The nearest elementary school is farther than 1 mile away

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Rent trends in North Lamar

1-bedroom apartments here are priced about the same as 1-bedrooms in North Lamar.

If you decide to upgrade your space, you can expect 2-bedrooms at Arrowhead Park Apartments to be 5% less than the average for similarly sized apartments in North Lamar.

3-bedroom apartments at Arrowhead Park Apartments cost about 26% less than the average rent price for 3-bedroom apartments in North Lamar.

Median rents as of Aug 8 2026.
North Lamar
Austin
A table of 1-bedroom apartment rental data trends in Austin
MonthMedian Rent
August 2024$1,528
September 2024$1,520
October 2024$1,496
November 2024$1,477
December 2024$1,473
January 2025$1,468
February 2025$1,458
March 2025$1,465
April 2025$1,491
May 2025$1,498
June 2025$1,532
July 2025$1,520
August 2025$1,529
September 2025$1,504
October 2025$1,465
November 2025$1,503
December 2025$1,486
January 2026$1,503
February 2026$1,527
March 2026$1,436
April 2026$1,491
May 2026$1,398
June 2026$1,297
July 2026$1,264
August 2026$1,260
A table of 1-bedroom apartment rental data trends in North Lamar
MonthMedian Rent
August 2024$1,124
September 2024$1,080
October 2024$1,015
November 2024$1,025
December 2024$1,005
January 2025$1,040
February 2025$1,096
March 2025$1,108
April 2025$1,108
May 2025$1,075
June 2025$1,012
July 2025$1,020
August 2025$1,011
September 2025$999
October 2025$1,005
November 2025$1,002
December 2025$950
January 2026$932
February 2026$949
March 2026$968
April 2026$1,002
May 2026$1,021
June 2026$1,030
July 2026$984
August 2026$940

Affordability calculator

Can I afford to live at 605 Masterson Pass?

Bedrooms

Rent-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

$37,600/yr

With your selected rent-to-income ratio, you'd ideally want to make $37,600 annually to afford this 1-bedroom monthly rent price of $940.
For more information on rent affordability, visit our rent calculator.

Schools near Arrowhead Park Apartments

Walnut Creek Elementary School

401 w braker ln

austin, TX, 78753

PK, K-5Public
C

Padron Elementary School

2011 w rundberg ln

austin, TX, 78758

PK, K-5Public
C

Davis Elementary School

5214 duval rd

austin, TX, 78727

PK, K-5Public
A-

Rosedale School

7505 silvercrest dr

austin, TX, 78757

PK, K-12Public

Texas School for the Blind

1100 w 45th st

austin, TX, 78756

3-12Public
C
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Internet available near Arrowhead Park Apartments

Neighborhood

North Lamar | Austin, TX

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Austin near 605 Masterson Pass

Walking

6/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

8/10
This area is close to freeways and has adequate parking options.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 605 Masterson Pass, Austin

Groceries

9/10
Exceptional variety of groceries within a few minutes' walk

Shopping

6/10
Wide variety of shops within a short drive, including some within walking distance

Cafes

3/10
Some cafés within a short drive

Restaurants

8/10
Wide variety of restaurants within a short drive, including some within walking distance

Primary schools

8/10
At least one elementary school within a 15-minute walk

High schools

4/10
At least one high school within a 30-minute walk

Parks

6/10
Moderate amount of park space nearby

Nightlife

7/10
Wide variety of bars within a short drive, including some within walking distance

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Check availability

This property is intended for those with income restrictions.
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