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Property Description
Urban Oaks is a partnership between Ryan Companies, Capella Capital Partners and the Austin Affordable Housing Corporation (AAHC), a non-profit subsidiary of the Housing Authority of the City of Austin (HACA). Urban Oaks is a workforce housing development on an eight-acre property located in south Austin near the intersection of Circle S Road and William Cannon Drive which completed Spring of 2017. Urban Oaks is comprised of 69 one-bedroom, 115 two-bedroom, and 10 three-bedroom units (a total of 194 Units) for Austin residents at 60% Area Mean Income. The construction of the project provided jobs for approximately 200 local tradespeople and required in excess of approximately 225,000 labor hours. Sitting on eight acres, Urban Oaks is energy, water and materials-efficient under Austin Energy’s Green Building Program. Amenities for these garden-style apartments includes a playscape, pool, community room, fitness center, BBQ grills, and fenced dog park. There are conveniently five transit stops within 0.25 miles and seven transit stops within 0.5 miles. Urban Oaks is professionally managed by Lincoln Property Company.