Comptroveby RentSpire

The Banks of Springdale is a pet

5521 Springdale Road, Austin, TX, 78723

Market rate 1,410 units (unit count basis: listing-reported) Hazard/risk read: not observed

Asking & effective rent by bedroom

Average asking rent across observed units: $1,695. Average effective rent: $1,695.

TypeAsking rentEffective rentAvg sqftObservations
Studio$1,312$1,3126161
1 bedroom$1,581$1,5818144
2 bedroom$2,114$2,1141,1302

HUD Fair Market Rent gap

HUD area: Austin-Round Rock-San Marcos, TX MSA.

FMR comparison not observed for this property.

Amenities

24-hour fitness studio with cardio and strength equipmentBlinds for window coveringsClubroom with TVs, kitchen, coffee bar, and billiardsCommunity bike storage and repair stationContemporary kitchen cabinetryDirect access to the Little Walnut Creek GreenbeltFull-size washers and dryersGranite countertops and undermount sinksGrill out in the courtyard and take in the scenic viewGroom your four-legged friend in the pet spaModern workspaces and conference room accessNine-foot or higher ceilingsPackage concierge for your deliveriesParking with electric vehicle charge portsPlank flooringPrivate balconies or patiosResident app with exclusive perksResident events and happy hoursResort-style pool with private cabanasStainless steel Whirlpool® appliancesUSB outletsWalk-in closets

Operator

not observed

Nearby comparable properties

Comparable apartments with rent data within 3 miles, ranked by the same similarity model used in the product.

PropertyLocationDistanceAvg askingSimilarity
Citizen House MLK Austin, TX 1.19 mi $1,854 71%
Broadstone East End Austin, TX 2.51 mi $1,819 53%
Luxury Apartments in Austin, TX 1.51 mi $2,700 51%
Miller Square & Spanish Trails Austin, TX 2.78 mi $1,109 32%

Sources & provenance

Sourced from https://banksofspringdale.com/floorplans/ — 7 observation(s), last observed Aug 4, 2026.

Data age: 13 days. Last observed: Aug 4, 2026.

Market intelligence and decision support only. Not an appraisal, and not a recommendation to set any particular rent. Income-restricted product is never presented as a market-rate comparable — program type above reflects the governed affordability classification, not free-text asset labels.

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