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Waterloo Flats 1 of 8

Waterloo Flats

$850 – $1,325/mo

  • Studio–2 bedrooms
  • 1 bath
  • 388–925 sq ft
  • 7 units available
  • Pet friendly
1300 S Pleasant Valley Rd, Austin, TX, 78741

As of October 13, 2026, Waterloo Flats in Austin, TX has 7 apartments for rent from $850 to $1,325/mo. Studios start at $850, one-bedrooms at $1,015, and two-bedrooms at $1,300. The average asking rent has fallen 11.7% since March 25, 2026, from $1,222 to $1,079.

Floor plans

4 floor plans · 7 available units · Prices checked October 13, 2026

B2

925 Sq Ft

Starting at $1,325/mo

1 available unitPriceSq ftAvailableOpen unit
250$1,325925Sep 23

0A Studio

Studio • 1 Bath • 388 Sq Ft

Starting at $850/mo

1 available unitPriceSq ftAvailableOpen unit
WE-219A$850388Oct 9

A2

1 Bedroom • 1 Bath • 625 Sq Ft

Starting at $1,015/mo

2 available unitsPriceSq ftAvailableOpen unit
204$1,015625Oct 9
127$1,015625Nov 30

B1

2 Bedrooms • 1 Bath • 825 Sq Ft

Starting at $1,300/mo

3 available unitsPriceSq ftAvailableOpen unit
172$1,300825Oct 2
145$1,300825Oct 29
281$1,300825Oct 31

See all 72 units listed at Waterloo Flats, including ones no longer available.


Cost to rent here

$1,131/mo

All-in for 0A Studio, the cheapest unit at $850

Estimates are local averages, not quotes from the property.

Rent history

Over the past year, the average asking rent at Waterloo Flats has ranged from $850 to $1,329. The current average is $1,079, down $143 (11.7%) from $1,222 at the start.

Prices reflect the average advertised rent across units listed as available each day (166 days observed).

Fees & lease terms

  • Rent

    $850 – $1,325/mo
  • Earliest move-in

    Sep 23

Monthly fees

Package Services

$12/mo

Pest Control Services

$5/mo

Pet Rent

$15/mo

Positive Credit Reporting Services

$4.95/mo

Trash Administrative Fee

$3/mo

Utility - Gas Administrative Fee

$3/mo

Utility - Stormwater/Drainage Admin Fee

$3/mo

Due at signing

Application Fee

$250

Express Move Out

$50

Pet Fee

$250

Pet Management - Third Party

$25/yr

Security Deposit (Refundable)

$200

Can you afford it?

Choose an apartment size

Total monthly housing cost

Rent plus utilities, insurance, and fees

$1,131/mo

Income to afford it comfortably

Housing at 35% of take-home pay

$45,600/yr

Income to qualify

Most landlords ask for about 3× the monthly rent

$30,600/yr

Your estimated budget

Suggested rent budget, Studio

$ —/mo

See what you can afford here

Add your income and debts for a rent budget at this building.

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Amenities

  • Air Conditioning

  • Community Courtyards

  • Dishwasher

  • Easy Access To Hike & Bike Trails

  • Fitness Center

  • Grilling Stations & Picnic Areas

  • Laundry Facilities

  • Onsite Coffee Bar

  • Patio/Balcony

  • Pet Friendly

  • Smoke Free

  • Storage Units

  • Swimming Pool

  • Walk-In Closets

  • Walk To Lady Bird Lake


Amenity photos

  • Pool
    4 photos

Location

1300 S Pleasant Valley Rd, Austin, TX, 78741


Resident reviews

3.2 · 100+ reviews
Overall rating
Positive
Mixed
Neutral
Negative
Management3.8
Maintenance3.8
Amenities and Shared Spaces3.1
Location4.7
Building Quality2.1

Waterloo Flats offers an affordable location near downtown and Lady Bird Lake with generally responsive maintenance and friendly leasing staff, though residents report significant concerns about pest control, air conditioning responsiveness, security access, and communication consistency. The property has experienced management transitions that have affected service quality, with recent staff changes receiving positive feedback, but persistent issues with maintenance response times, facility upkeep, and safety protocols remain recurring complaints.

Management responsiveness and communication quality vary significantly at this property. Positive reviews highlight helpful leasing staff, quick maintenance response times, and professional service, particularly under recent management changes. However, negative reviews cite persistent issues including unresponsive office staff, delayed maintenance requests, unclear communication about policies and fees, and inadequate follow-up on resident concerns.

Maintenance response times and follow-through are inconsistent, with some residents reporting quick, professional service while others experienced multi-week delays on critical issues like HVAC and plumbing. Common problems include unresolved work orders, inadequate initial diagnostics, and communication gaps between emergency lines and on-site maintenance. Positive experiences highlight responsive staff and same-day repairs, but negative reviews cite repeated service failures, temporary solutions instead of permanent fixes, and difficulty reaching accountability.

Amenities at this property include a pool, gym, and on-site laundry, with parking separated for residents and guests. However, residents report significant maintenance issues: laundry machines have been out of service for extended periods, the pool frequently closes or appears poorly maintained, and the gym is described as outdated with broken equipment. Common concerns include water shutoffs for maintenance with minimal notice, package theft despite a package delivery service fee, and inconsistent upkeep of shared spaces including grounds, dog waste areas, and mailboxes.

Residents consistently praise the property's location near downtown Austin, Town Lake trail, restaurants, and transit access, with most noting excellent value for the price compared to nearby alternatives. The location offers convenient access to grocery stores, medical facilities, and ride-share options with short commute times. Parking is well-organized with gated resident parking and designated guest spaces. One long-term resident reported significant concerns about parking lot security, maintenance responsiveness, and management communication, though this represents a minority perspective among the selected reviews.

Residents report significant building maintenance and condition issues, including persistent pest infestations (roaches and rodents), water damage from roof leaks, and deteriorating finishes. Common complaints include slow or incomplete maintenance response, poor upkeep of common areas, and aging infrastructure. One positive review noted friendly staff and well-maintained amenities, though the property is acknowledged as older.

Summaries are written by AI from reviews residents posted on public review sites such as Google and ApartmentRatings. Each topic shows how many of those reviews discuss it.

Getting around

Waterloo Flats is somewhat walkable and very bikeable, and transit is minimal.

Walking
Somewhat walkable
Grade D
Transit
Minimal
Grade F
Biking
Very bikeable
Grade B+

Climate and air quality

Air quality near Waterloo Flats was good on 257 of the past 365 days, and at its worst in July (average AQI 49, good). Daily highs averaged 99°F in August, the warmest month, and lows averaged 42°F in January, the coldest.

Air quality

257 good-air days

of the past 365

: Good, AQI 30

Temperature

99° / 42°

average August high / January low

: 94° high, 79° low

MonthAverage highAverage lowAverage AQIGood-air days
January63°F42°F45 (good)20 of 31
February74°F51°F48 (good)16 of 28
March81°F58°F43 (good)25 of 31
April79°F64°F43 (good)24 of 30
May84°F66°F48 (good)20 of 31
June91°F75°F44 (good)22 of 30
July94°F76°F49 (good)13 of 31
August99°F77°F46 (good)18 of 31
September97°F76°F46 (good)21 of 30
October86°F65°F42 (good)25 of 31
November77°F56°F37 (good)27 of 30
December67°F48°F41 (good)26 of 31
Daily readings from Oct 14, 2025 to Oct 13, 2026.

About this property

Waterloo Flats is comfortably located in East Central Austin in close proximity to downtown, Interstate IH 35, Lady Bird Lake recreational area, and Austin International Airport. We are also near the University of Texas bus line and less than 2 minutes from the Austin Community College, Riverside Campus. HEB is a fourth a mile away from our property. Our community features spacious 1 & 2 bedroom renovated apartment homes.

  • Building

    Apartment · Garden
  • Total units

    252

Nearby schools

SchoolTypeLevelDistance

Extend A Care-Baty

Private · Preschool
PrivatePreschool0.9 mi

Baty Elementary School

Public · Elementary
PublicElementary1.0 mi

Linder Elementary School

Public · Elementary
PublicElementary1.4 mi

Escuela Montessori De Montopol

Private · Preschool
PrivatePreschool1.5 mi

Montopolis Friendship Center

Private · Elementary
PrivateElementary1.5 mi

IDEA Montopolis Academy

Charter · Elementary
CharterElementary1.5 mi

IDEA Montopolis College Preparatory

Charter · High
CharterHigh1.5 mi

Allison Elementary School

Public · Elementary
PublicElementary1.6 mi

Future Stars Child Development Center

Private · Preschool
PrivatePreschool2.3 mi

The Excel Center for Adults - South Austin

Charter · High
CharterHigh2.4 mi

Contact & management


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