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Platform apartments in Austin, TX

Updated

Platform

2823 E. MLK St., Austin, TX 78702

Live pricing, refreshed

39
Units Listed
$1,218
Starting at
$1,941
Average
$2,480
Highest
$2.31
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Govalle rent trends

Beds

Pricing by Bedroom

Studio
$1,218
from $1,218 · 2 units
~463 sqft avg
1 Bed
$1,787
from $1,522 · 25 units
~728 sqft avg
2 Bed
$2,382
from $2,184 · 12 units
~1,135 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (28)

Largest 8 movers of 28

Last 15 days

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: stated by the property itself
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: high (building size is reported).

Est. Monthly Revenue

$937K

$11M annual run rate

Est. Occupancy

93%

of about 560 units (reported building size)

Effective Rent on New Leases

$1,798

vs $1,941 current asking ($143 negotiation gap)

Recent Lease Activity

127 units tracked; 88 assumed leased, 39 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

39

Very high availability

13 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Available Units

39 units
Studio / 1 Bath E0* - Phase II
$1,218/mo
463 ft² · $2.63/ft² · #213
Studio / 1 Bath E0* - Phase II
$1,218/mo
463 ft² · $2.63/ft² · #217
1 Bed / 1 Bath A1
$1,522/mo
591 ft² · $2.58/ft² · #2104
Down $15 since Aug 9 (was $1,537)
1 Bed / 1 Bath A1
$1,532/mo
591 ft² · $2.59/ft² · #1349
Down $15 since Aug 9 (was $1,547)
1 Bed / 1 Bath A1
$1,532/mo
591 ft² · $2.59/ft² · #4323
1 Bed / 1 Bath A1
$1,537/mo
591 ft² · $2.60/ft² · #4119
1 Bed / 1 Bath A1
$1,564/mo
591 ft² · $2.65/ft² · #4107
Down $15 since Aug 20 (was $1,579)
1 Bed / 1 Bath A1
$1,564/mo
591 ft² · $2.65/ft² · #4111
Down $1 since Aug 24 (was $1,565)
1 Bed / 1 Bath A1
$1,568/mo
633 ft² · $2.48/ft² · #1205
Down $15 since Aug 9 (was $1,583)
1 Bed / 1 Bath A1
$1,582/mo
633 ft² · $2.50/ft² · #1307
Down $15 since Aug 9 (was $1,597)

Fees, Parking & True Monthly Cost

Monthly Fees

$78/mo

Added to base rent automatically

True Monthly Cost

$1,297

Starting price + fees

Train activity

Loud train activity

Passenger line 415 ft away · 39 trains/day

  • 33 daytime, 6 overnight
  • Quiet zone. Horns are silenced at the nearest crossing.
  • Operator: CMTY

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Austin, TX notes

No resident notes for this property yet.

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