Cameron Road Apartments

The Cameron Road Apartments project, proposed by the NRP Group, is a planned 336-unit mixed-income community in East Austin. Located near the Parmer Business Park and East Village mixed-use development, the project aims to provide quality housing for working families and individuals.  The proposed development represents a $60+ million investment and will feature amenities such as a fitness center, private yards, garages, a dog park, and a resort-style pool.  The unit mix includes one- and two-bedroom apartments, with a portion designated for residents earning 60% and 80% of the Area Median Income (AMI).  The project is conveniently located near major employers like Applied Materials, Dell, and Samsung Semiconductor, as well as various highways and retail options.

Details

Address
4915 E. Yager Lane
Program
Workforce
Type
Affordable Housing
Status
IN DISCUSSION
Units
336
UNITS

Documents

Resolution No. TCFC-2024-18 (Tabled)

November 7, 2024

To approve inducing the Cameron Road Apartments, in partnership with an affiliate of the NRP Group, to be located at approximately 4915 E. Yager Lane; authorize the negotiation and execution of a term sheet; and address other related matters, subject to the terms outlined in the resolution.

Affordability

30% AMI
0
UNITS
38% AMI
0
UNITS
40% AMI
0
UNITS
46.25% AMI
0
UNITS
60% AMI
68
UNITS
70% AMI
0
UNITS
80% AMI
102
UNITS
Market
166
UNITS
Total
336
UNITS