The Apartment With Two Price Tags For Sale

  • $1238–$3080

The Markson Apartments Austin Review: Mixed-Income Pricing in a 2023 Build | Oak Hill Apartments for Rent


The Markson starts at $1,238 for a one bedroom. For a property built in 2023 with quartz counters, a rooftop skydeck, and a Southwest Parkway address, that number looks too good to be true. I track Austin rental pricing daily across 1,000+ properties, and when I see rents that far below what nearby properties charge, I ask the question listing sites never answer: why?

Here’s the answer no listing site explains clearly: The Markson is a mixed-income property. Over half the 330 units are reserved for residents earning at or below 80% of Austin’s area median income. That’s through a partnership between the NRP Group and the Housing Authority of the City of Austin (HACA). The other units are market rate. Same building. Same finishes. Same amenities. Two totally different ways in.

That distinction matters. It changes who can rent here, what you’ll pay, and how the application works. This review covers all of it. What 205 Google reviews say about daily life here. The elevator and gate problems nobody at the leasing office brings up first. And whether the current concessions (up to 4 weeks free plus a $1,000 bonus if you lease within 48 hours) make the math work for you.


Quick Facts: The Markson Apartments

Detail Info
Address 5313 Vega Ave, Austin, TX 78735
Year Built 2023
Total Units 330
Management NRP Group
Rent Range $1,238–$3,080/month
Income Restriction 50%+ of units reserved for households earning ≤80% AMI
Pet Policy 2 pets max, 100 lbs first floor / 60 lbs upper floors, breed restrictions
Current Special Up to 4 weeks free + $1,000 bonus if you sign within 48 hrs (expires 7/15/2026)
Application Fee $75 per person
Admin Fee $200
Parking Free surface lot, assigned spots $75/month
Google Rating 3.8 stars (205 reviews)
Yelp Rating 1.0 stars (3 reviews)
VeryApt Rating 8.0/10 (1 review)

That 3.8 Google rating tells part of the story. What it doesn’t show: roughly 30 of those 205 reviews mention leasing staff by name (Kenyatta and Alexandra get called out constantly). But when the negative reviews come? They’re detailed. And intense. I’ll break down what’s behind those numbers below.


Best For / Skip If

This property works well if:

You qualify for the below-market pricing and want new construction. Over half the units at The Markson are priced below market through the Essential Worker Living Program. If your household income is at or below 80% of the Austin area median income, you could land a 2023 apartment with quartz counters, vinyl plank floors, and stainless appliances. Same unit your neighbor has, at a much lower rent. Teachers, healthcare workers, first responders, and service industry workers are who these units were built for.

You need quick MoPac access and work in Southwest Austin. The Markson sits right off Southwest Parkway, which connects directly to MoPac. If you work near the Yeti headquarters, AMD, SolarWinds, or any of the corporate campuses out here, your commute is under 10 minutes. Downtown Austin is about 8 miles and 12–15 minutes off-peak.

You want a Hill Country setting without going full suburban. The property backs up to protected wilderness and Barton Creek Greenbelt access. You’re surrounded by trees, not strip malls. Lantana Place (restaurants, Moviehouse & Eatery, Black Rock Coffee) is about 1.2 miles away. It feels far from the noise, but downtown is a short drive.

You have pets under 100 lbs and want a ground level unit. Units on the first floor allow pets up to 100 lbs. Pet deposit is $0 (just a $350 non-refundable fee for one pet, $600 for two), and monthly pet rent is $25 per pet. That’s cheaper than most newer properties in this area.

Skip this property if:

You need walkability. Walk Score is 10. That’s not a typo. Ten out of 100. You’re driving to everything: groceries, restaurants, errands, coffee. There’s no H-E-B within walking distance. The nearest grocery option is Marigold Market at Lantana Place, which is a small specialty market, not a full grocery run.

You have a large dog and can’t get a ground level unit. Upper floors cap pet weight at 60 lbs. If you have a Lab, Husky, or Golden Retriever and can’t get a ground level apartment, this property won’t work. Breed restrictions also apply: Pit Bulls, Rottweilers, German Shepherds, Huskies, Dobermans, and several other breeds aren’t allowed.

Elevator reliability is a dealbreaker for you. The elevator goes down for weeks to months at a time. Third or fourth floor? You’re hauling groceries up stairs. That’s the reality.

You want the leasing office to communicate proactively. People find out about problems (fire alarms, parking enforcement, gate outages) only after they happen. If you want a management team that gets ahead of things instead of reacting after the fact, this will frustrate you.


Wondering if The Markson fits your situation?

Fill out a quick form and I’ll reach out to go over your specifics: income, credit, pets, timeline. I can check whether you’ll likely qualify before you spend $75 on an application, and I’ll share any current specials that might not be listed online. You’ll hear from a real person (me), not an automated system.

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Location Deep Dive

What’s Actually Nearby

The Markson sits on Vega Avenue, just south of Southwest Parkway in Austin’s East Oak Hill area. The 78735 zip is suburban with a Hill Country feel. You’re not walking to much of anything from here.

Within a 5-minute drive: Lantana Place (1.2 miles) is the closest spot for food and shopping. It has Moviehouse & Eatery, CARVE American Grille, La Popular, Ling Wu Asian, Black Rock Coffee, Playa Bowls, and Marigold Market. There’s also an AC Hotel by Marriott, Orangetheory Fitness, and several salons and medical offices.

Within a 10-minute drive: Dick Nichols Park (2.5 miles), H-E-B on William Cannon (about 3 miles), and a few Barton Creek Greenbelt trailheads (3–5 miles). Austin Community College Pinnacle Campus is 2.5 miles away.

You’ll need to drive for: Full grocery shopping, pharmacies, most errands. The Walk Score of 10 isn’t a fluke. You need a car here, and there’s no getting around that. If you’re used to walking or biking to things, this will be an adjustment.

The Commute Math

Destination Distance Off-Peak Rush Hour Notes
Downtown Austin 8.7 mi 12–15 min 25–40 min Via Southwest Pkwy to MoPac
Yeti HQ / SW Pkwy Corridor 2–3 mi 5–8 min 8–12 min Straight shot on SW Pkwy
Barton Creek Mall 5 mi 10 min 15–20 min Via MoPac
The Domain 16 mi 22–28 min 45–60+ min MoPac north, heavy traffic
Austin-Bergstrom Airport 15 mi 22–28 min 30–40 min Via 71/290 or MoPac to 71
St. Edward’s University 7 mi 12–15 min 20–30 min Via S. Congress or MoPac

Route notes: MoPac is your main artery for everything north of here. The variable toll lanes (MoPac Express) can save 10–15 minutes during rush hour, but you’ll pay $3–$8 each way. Southwest Parkway is fast when it’s empty and slow when it’s not, and there aren’t many alternative routes.

Neighborhood Vibe

East Oak Hill is quiet, wooded, and suburban. No nightlife, no coffee shop culture, no walkable retail corridors. What you get is space, nature access, and calm. Barton Creek wilderness surrounds the property, and the Hill Country views from the skydeck are a genuine highlight.

The trade-off is isolation. You’re choosing scenery over convenience. If being close to restaurants or urban energy matters, look at South Austin apartments closer to 78704 or the South Lamar corridor instead.


Pricing & True Cost

Floor Plan Breakdown

Floor Plan Bed/Bath Sq Ft Base Rent Net Effective* Status
A1p 1/1 633 $1,238–$1,491 $1,143–$1,377 Available
A2p 1/1 725 $1,288–$1,499 $1,189–$1,384 Available
A4p 1/1 797 $1,373–$1,743 $1,268–$1,609 Available
A5P 1/1 852 $1,608–$1,914 $1,485–$1,767 Available
A7D 1/1+Den 917 $1,827–$4,092 $1,687–$3,778 Available
A6 1/1 897 $1,962–$4,381 $1,812–$4,045 Available
B1 2/2 1,093 $1,856–$3,279 $1,714–$3,027 Available
B2 2/2 1,161 $1,885–$3,544 $1,740–$3,272 Available
B3 2/2 1,216 $2,094–$3,804 $1,933–$3,512 Available
B4D 2/2 1,308 $2,276–$3,959 $2,101–$3,655 Available
C1 3/2 1,438 $2,847–$7,707 $2,629–$7,115 Available

*Net effective with 4 weeks free on a 12-month lease

So why is the rent range so wide? The low end of each floor plan is likely the below-market pricing for people who qualify. The high end is market rate. Two people can live in the same floor plan, same building, same amenities, and pay very different rents depending on whether they meet the income limit. Listing sites show you that range and leave you guessing. I’m telling you why the spread exists.

Net Effective Rent Calculation

Here’s the math on the most common floor plan, the A1p one bedroom at $1,238:

Current special: Up to 4 weeks free on a 12-month lease

Base rent: $1,238/month
Lease term: 12 months (365 days)
Free rent: 4 weeks (28 days)

Daily multiplier: (365 - 28) ÷ 365 = 0.9233

Net effective rent: $1,238 × 0.9233 = $1,143/month
Monthly savings: $1,238 - $1,143 = $95/month
Total savings over lease: $95 × 12 = $1,140

If you also get the $1,000 bonus for signing within 48 hours of touring:

Total lease cost: ($1,238 × 12) - ($1,238 × 28/30.42) - $1,000
= $14,856 - $1,139 - $1,000 = $12,717
Monthly: $12,717 ÷ 12 = $1,060/month

That's $178/month less than the listed price.

For a one bedroom built in 2023 in Southwest Austin, $1,060/month net effective is well below what nearby properties charge. Pearl Lantana starts at $1,428 just 0.22 miles away. Windsor Lantana Hills starts at $1,164, and that’s a 2017 build.

All the Fees

Fee Amount Required?
Application fee $75/person Yes
Admin fee $200 Yes
Security deposit Not published Yes (varies by screening)
Pet fee (one pet) $350 (you don’t get it back) If applicable
Pet fee (two pets) $600 (you don’t get it back) If applicable
Monthly pet rent $25/pet If applicable
Valet trash $30/month Required
Parking (assigned/reserved) $75/month Optional (free surface parking available)

Data gap: Water/sewer (RUBS) and pest control fees aren’t published anywhere. These can add $30–$50 to your monthly total. Ask the leasing office for the full fee breakdown before you apply. The security deposit also varies by screening and isn’t listed.

True Monthly Cost Scenario

Here’s what a realistic month looks like for someone renting the A1p one bedroom with one dog:

Net effective rent (with 4 weeks free): $1,143
Valet trash: $30
Monthly pet rent: $25
-------------------------------------------------------
Estimated true monthly cost: $1,198

Move-in costs:

Application fee: $75
Admin fee: $200
Security deposit: Varies by screening (not published)
Pet fee: $350
First month's rent (prorated): Varies
-------------------------------------------------------
Estimated move-in: $625 + security deposit + prorated rent

Specials change. What I’ve listed was accurate as of July 2026. I talk to leasing teams weekly. If you’re reading this after 7/15/2026, reach out and I’ll tell you what’s currently available.


Want to know what specials are actually available right now?

I track concessions across Southwest Austin weekly. Fill out the form and I’ll send you what’s live at The Markson and nearby properties, with the net effective math already done.

Get Help Now →


Screening Criteria

Income Requirements

The Markson doesn’t publish a specific income multiplier. Based on NRP Group’s typical screening, expect 3x rent for market-rate units. The affordable units flip the script: instead of a minimum income, there’s a maximum. Your household has to earn at or below 80% of the area median income.

Here’s what the income math looks like at 3x rent for the market-rate side:

Floor Plan Base Rent Monthly Income Needed (3x) Annual Income Hourly Wage (40 hrs)
A1p (1/1) $1,238 $3,714 $44,568 ~$21.43
A2p (1/1) $1,288 $3,864 $46,368 ~$22.29
B1 (2/2) $1,856 $5,568 $66,816 ~$32.12
C1 (3/2) $2,847 $8,541 $102,492 ~$49.28

For the affordable units, it works the other way around. You’ll need to prove your household income is at or below the income cap for your household size. Check the City of Austin’s income and rent limits for current numbers.

Credit Expectations

The Markson doesn’t publish a credit score minimum. Here’s what I’d expect based on NRP Group’s screening and what I’ve seen at similar properties:

  • 650+ credit: You’re fine. Lowest deposit, smooth approval.
  • 600–649: Good chances. Might see a slightly higher deposit, but you should get in.
  • Below 600: Gets tight. Talk to me before you apply so you don’t waste $75.

What Will Get You Denied

Let me be direct about the dealbreakers:

  • Active property debt (money owed to a previous landlord)
  • Eviction filing within the past 2–3 years
  • Felony convictions (lookback period not published, but newer properties like this typically look back 7+ years)
  • Not enough verifiable income
  • Failed identity or rental history check

Fair warning: I don’t have The Markson’s exact screening criteria. What I’ve shared is based on NRP Group properties and similar newer builds in Austin. Before you spend $75, I can help you figure out your odds. That’s one of the main reasons people work with a locator.

The Application Process

  1. Apply online through the property website or Apartments.com ($75/person, you don’t get it back)
  2. Screening runs through NRP Group’s processor (credit, background, rental history)
  3. Approval or denial typically within 2–5 business days
  4. Lease signing if approved, with deposit and admin fee due at signing

If you’re applying for one of the affordable units, expect an extra income check. You’ll need to show pay stubs, tax returns, or a letter from your employer.

Here’s what separates working with a locator from applying blind: I can tell you whether you’re likely to qualify before you spend $75 finding out. If The Markson’s screening looks tight for your situation, I know which nearby properties have more flexibility. Want to know if you’d qualify for the affordable units? I can run those numbers with you. My service is free.


Resident Reviews Decoded

I read through 205 Google reviews and checked Yelp (3 reviews, 1.0 stars), VeryApt (1 review, 8.0), ForRent (2 reviews, both negative), and ApartmentList (1 visible review, negative). ApartmentRatings has no page for this property. One thing worth knowing: Apartments.com says residents can get reward points for posting reviews during their lease. Keep that in mind when you see Google at 3.8 and Yelp at 1.0.

Review Pattern Analysis

Theme Mentions Trend Source
Leasing staff praise (Kenyatta, Alexandra) 30+ of 205 Consistent Google
Location/Hill Country views 8+ Steady Google, VeryApt
Maintenance response time 6+ positive, 5+ negative Mixed Google, ForRent
Elevator breakdowns 5+ Mid-2025 through 2026 Google
Gate malfunctions / security 6+ Recurring Google
Fire alarms going off randomly 3+ Concentrated late 2024–early 2025 Google
Dog waste in hallways / off-leash dogs 3+ Recurring Google
Towing / parking enforcement 2+ Sporadic Google
Application/lease errors 2+ Sporadic Google, ApartmentList
Move-out fee disputes 2+ Sporadic Google

What Residents Consistently Praise

Two names come up over and over: Kenyatta Williams and Alexandra (also listed as Alex). Together, they account for 30+ positive mentions across 205 reviews. That’s not normal. Most properties are lucky to have one leasing agent people remember by name. Residents praise both of them for responsiveness and going beyond the standard leasing office script. One reviewer said Kenyatta helped them through every step over 14 months. Another said Alexandra resolved a maintenance issue that previous management had ignored for two years.

Maintenance is mixed, but Ruben gets called out by name for fast, quality work. Routine work orders typically get handled in 1–2 business days. So the boots-on-the-ground staff seem solid. The problems are above them.

What Residents Consistently Criticize

Elevator reliability is the number one complaint. The elevator goes down, stays down for weeks, and it’s been happening since at least mid-2025. A reviewer from May 2026 says the pattern is still going. On the fourth floor, that’s not a small deal.

Gate malfunctions come up repeatedly. The access gate is supposed to be a security feature, but it’s been left open for weeks at a time. Management has blamed this on fire department requirements, but the timeline for repairs doesn’t match that excuse. Three people have reported cars with stolen wheels in the parking area.

Fire alarms were a concentrated problem in late 2024 through early 2025. One person described alarms going off multiple times per week, sometimes at 1 AM, 4 AM, and 6 AM in the same night. This doesn’t come up as much in 2026, so it may be fixed. But ask before you sign.

Dog waste and off-leash dogs are a real problem here. The Google review with the most engagement on the page (39 likes) is about exactly this: dog urine and feces in hallways, elevators, and stairwells with no consequences for owners. And someone else was chased by unleashed dogs while walking her own dog. For a property that calls itself pet friendly, the follow-through on enforcement matters just as much as the policy.

Application and lease paperwork errors are a pattern here. People describe getting the runaround during the application process, lease documents showing up late or with mistakes, and feeling like nobody was listening when they flagged problems. The onsite staff (Kenyatta, Alexandra) get praised individually, but the paperwork process behind them gets complaints.

How Management Responds

Management responds to nearly every Google review, positive and negative. That part’s good.

The problem: most negative review responses are clearly copy-pasted templates. Same pattern every time: “Thank you for sharing… we take feedback seriously… please reach out directly.” Several don’t address the specific complaint at all. One resident (Anansa Dameron) says the property deleted a previous review. That’s a red flag.

And then there’s the ratings gap. Google: 3.8. Yelp: 1.0. Yelp’s algorithm filters out reviews it suspects were solicited. That gap is worth thinking about. How a property handles public complaints tells you how they’ll handle your maintenance request.


The Uncomfortable Truth

No listing site will write this section. I’m not trying to kill the deal. I just want you to know exactly what you’re signing up for.

The Elevator Problem Is a Pattern, Not a Fluke

The elevator goes down, and it stays down. This isn’t one breakdown that got fixed. It’s a recurring issue at a three year old building. If you’re on the first or second floor, it probably won’t affect you. Third or fourth floor? You need to decide whether you’re okay hauling groceries up stairs for weeks. Ask the leasing office directly: “How many elevator outages have you had in the past 12 months?” Then ask how long each one lasted. If they can’t give you a specific answer, that tells you something.

Security Gaps Undermine the “Gated Community” Promise

The marketing says gated community. But the gate is frequently broken or left open. Three people have reported cars with stolen wheels in the parking area. One person saw a car on its frame with wheels taken during their tour. The property has added a second courtesy officer, but that doesn’t fix a gate that doesn’t close. If gated security matters to you, verify the current state of the gate before you sign.

You’re Paying New Construction Prices for a Car Dependent Location

Walk Score of 10. You’re driving to everything. That means budgeting for gas, car insurance, and vehicle maintenance on top of rent. You can’t walk to a grocery store, a pharmacy, or a coffee shop from this address. The closest full grocery run is a 3+ mile drive. If you’re relocating from a walkable city, the marketing photos of Hill Country sunsets won’t prepare you for that adjustment.


Ready to move forward, or want to look at alternatives?

You’ve seen the full picture now. If The Markson still fits, I can help you apply. If the elevator issues or car dependency are dealbreakers, I know Southwest Austin apartments that might work better. Either way, it costs you nothing to find out.

Get Help Now →


FAQ

Does The Markson allow pets?

Yes. Up to 2 pets, with a 100 lb weight limit on first floor units and 60 lbs on upper floors. One-time fee of $350 for one pet or $600 for two (you don’t get this back), plus $25/month pet rent per pet. There’s a breed restriction list that includes Pit Bulls, Rottweilers, German Shepherds, Huskies, and several others.

What credit score do I need for The Markson?

No published minimum. I’d plan on needing 600+ for the best shot. Below that, it depends on the rest of your application: income, rental history, whether you have property debt. If you’re under 600, talk to me first.

Is The Markson income-restricted?

Partially. Over half the units are reserved for households at or below 80% AMI. The rest are market rate. Both share the same building and amenities.

Does The Markson have in-unit washer/dryer?

Most units come with a washer and dryer already in the apartment. Some floor plans only have hookups, though, so ask about your specific unit. And no utilities are included in rent.

What’s the parking situation?

Free surface parking is included. Assigned or reserved spots cost $75/month. Residents say parking enforcement is aggressive, so register your vehicle with the office right away.

How far is The Markson from downtown Austin?

About 8.7 miles. Off-peak, that’s 12–15 minutes via Southwest Parkway to MoPac. During rush hour, expect 25–40 minutes. MoPac Express toll lanes can cut that down, but you’ll pay $3–$8 each way.

What are the biggest complaints from residents?

The big three: elevator outages that last weeks to months, a gate that’s constantly broken (leaving the property unsecured), and fire alarms going off at 2 AM. Recent reviews suggest the fire alarm issue has gotten better, but the elevator and gate problems keep coming up.

When was The Markson built?

  1. Four stories, 330 units, managed by NRP Group through a public-private partnership with the Housing Authority of the City of Austin.

What move-in specials does The Markson offer?

Right now (July 2026): up to 4 weeks free on a 12-month lease, plus $1,000 if you sign within 48 hours of touring. That 48-hour bonus expires 7/15/2026. But specials change constantly. Reach out and I’ll tell you what’s live when you’re ready to move.


The Bottom Line: Is The Markson Worth It?

The Markson offers something unusual for Austin: a property built in 2023 with new construction finishes where over half the units are priced below market for qualifying renters. If you qualify, you’re getting new construction in a Hill Country setting at rents that undercut older properties nearby. And the current concessions (4 weeks free plus the $1,000 signing bonus) push the net effective rent even lower.

The main trade-off: you’re betting on a property still working through infrastructure growing pains (elevators, gates, fire alarms) in a location with a Walk Score of 10.

This property makes sense if:

  • You qualify for the affordable pricing and want new construction finishes
  • You work along the Southwest Parkway corridor and want a short commute
  • You value a quiet, wooded setting over walkability
  • You’re comfortable on a first or second floor (avoids elevator dependence)

This property doesn’t make sense if:

  • You need to walk or bike to daily errands
  • You have a large dog and can only get an upper-floor unit
  • Reliable elevator access is essential for your situation
  • You want proactive communication from your management team

The first-year math works, especially if you qualify for the lower rents. Whether the elevator and gate issues bother you depends on what floor you’re on and how much that stuff matters to your daily life.

If you want help figuring out whether The Markson fits your situation, fill out the form above and I’ll text you within a few hours. If you’d rather look at other Southwest Austin options without the elevator question mark, I can help with that too.


Need Help?

You’ve got everything to decide on The Markson on your own. But if you want help:

Fill out the form above and I’ll text you to answer questions, check your application situation, share current specials, and help with whatever comes next. You’ll talk to me directly, not an automated system. I can also tell you whether you’d likely qualify for the income-restricted units, which the leasing office won’t always explain upfront. My service is free: I’m paid a small referral fee from the property’s marketing budget.

Going solo? Just tell them “Ross Quade from Austin Apartment Team” referred you on your tour and application. Text me at 512-360-0852 when you apply so I can make sure everything’s on track.

Price:
$1238–$3080
Address:
5313 Vega Ave
Austin, TX 78735
Terms:
For Sale
Property Type:
Apartment
Year Built:
2025

Call 512-320-4599 for more details

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