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5313 Vega Ave
Austin, TX 78735
The Markson Austin

The Markson Austin is a 330-unit market rate/mixed income apartment community in Southwest Austin. The unique public-private partnership with the Austin Affordable Housing Corporation that financed the Markson Austin guarantees that half of the apartment homes are reserved for residents earning at or below 80% of the area median income. The site is five miles southwest of the Central Business District of Austin, in one of the City’s most desirable residential submarkets. Residents can quickly access Downtown Austin in under 10 minutes Via Southwest Parkway. Due to significant environmental restrictions and permanent wilderness reserves off Southwest Parkway, this community is unique for the suburbs of Austin. The property is close to several of Austin’s largest corporate campuses and one of Austin’s newest mixed-use retail centers. The Markson Austin features one of the best suburban locations in Austin and unparalleled views of downtown that all residents can enjoy from the fourth-floor sky deck, among the other best-in-class building amenities NRP brings to its communities.

Visit Leasing Site
Product Type
Market Rate/Mixed Income
Building Type
Elevator
Apartment Homes/Units
330
Construction Duration
35 months
Lifestyle Type
Multi Family
Status
Lease-Up
Our Involvement
development
construction
management
The Markson Great Room

NRP is again excited to partner with the Housing Authority City of Austin to bring true workforce housing to Southwest Austin, a location historically developed with only luxury single family homes. The project is minutes from the AMD, Yeti, and NXP campuses providing residents a quick commute to some of Austin’s major employers.

Alastair Jenkin, Developer, The NRP Group
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