B2
925 Sq Ft
Starting at $1,325/mo
| 1 available unit | Price | Sq ft | Available | Open unit |
|---|---|---|---|---|
| 250 | $1,325 | 925 | Sep 23 |
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$850 – $1,325/mo
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.
4 floor plans · 7 available units · Prices checked October 13, 2026
925 Sq Ft
Starting at $1,325/mo
| 1 available unit | Price | Sq ft | Available | Open unit |
|---|---|---|---|---|
| 250 | $1,325 | 925 | Sep 23 |
Studio • 1 Bath • 388 Sq Ft
Starting at $850/mo
| 1 available unit | Price | Sq ft | Available | Open unit |
|---|---|---|---|---|
| WE-219A | $850 | 388 | Oct 9 |
1 Bedroom • 1 Bath • 625 Sq Ft
Starting at $1,015/mo
See all 72 units listed at Waterloo Flats, including ones no longer available.
$1,131/mo
All-in for 0A Studio, the cheapest unit at $850
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.
Rent
$850 – $1,325/moEarliest move-in
Sep 23Package 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 |
Application Fee | $250 |
Express Move Out | $50 |
Pet Fee | $250 |
Pet Management - Third Party | $25/yr |
Security Deposit (Refundable) | $200 |
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
$ —/mo
See what you can afford here
Add your income and debts for a rent budget at this building.
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
1300 S Pleasant Valley Rd, Austin, TX, 78741
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.
Waterloo Flats is somewhat walkable and very bikeable, and transit is minimal.
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.
257 good-air days
of the past 365: Good, AQI 30
99° / 42°
average August high / January low: 94° high, 79° low
| Month | Average high | Average low | Average AQI | Good-air days |
|---|---|---|---|---|
| January | 63°F | 42°F | 45 (good) | 20 of 31 |
| February | 74°F | 51°F | 48 (good) | 16 of 28 |
| March | 81°F | 58°F | 43 (good) | 25 of 31 |
| April | 79°F | 64°F | 43 (good) | 24 of 30 |
| May | 84°F | 66°F | 48 (good) | 20 of 31 |
| June | 91°F | 75°F | 44 (good) | 22 of 30 |
| July | 94°F | 76°F | 49 (good) | 13 of 31 |
| August | 99°F | 77°F | 46 (good) | 18 of 31 |
| September | 97°F | 76°F | 46 (good) | 21 of 30 |
| October | 86°F | 65°F | 42 (good) | 25 of 31 |
| November | 77°F | 56°F | 37 (good) | 27 of 30 |
| December | 67°F | 48°F | 41 (good) | 26 of 31 |
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 · GardenTotal units
252| School | Type | Level | Distance |
|---|---|---|---|
Extend A Care-Baty Private · Preschool | Private | Preschool | 0.9 mi |
Baty Elementary School Public · Elementary | Public | Elementary | 1.0 mi |
Linder Elementary School Public · Elementary | Public | Elementary | 1.4 mi |
Escuela Montessori De Montopol Private · Preschool | Private | Preschool | 1.5 mi |
Montopolis Friendship Center Private · Elementary | Private | Elementary | 1.5 mi |
IDEA Montopolis Academy Charter · Elementary | Charter | Elementary | 1.5 mi |
IDEA Montopolis College Preparatory Charter · High | Charter | High | 1.5 mi |
Allison Elementary School Public · Elementary | Public | Elementary | 1.6 mi |
Future Stars Child Development Center Private · Preschool | Private | Preschool | 2.3 mi |
The Excel Center for Adults - South Austin Charter · High | Charter | High | 2.4 mi |
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