Creekview

5001 Crainway, Austin, TX 78724

  • For Sale TBD by Market
  • Property Type Multi-Family
  • Property Size 251,064 SF
  • Units 264
  • Year Built 2018
  • Date Updated Aug 19, 2025
Discover the vibrant surroundings of Creekview, located in the heart of Austin, TX. This thriving neighborhood offers a dynamic blend of urban conveniences and natural beauty, with easy access to major highways, local shops, and recreational parks. Residents can enjoy the eclectic dining scene, live music venues, and exciting cultural attractions that Austin is renowned for. The area's proximity to esteemed educational institutions and healthcare facilities ensures convenience for families and professionals alike. With a variety of nearby points of interest, including the stunning Walnut Creek Metropolitan Park and vibrant Mueller Lake Park, Creekview presents an attractive opportunity for multifamily/low-rise/garden investors seeking a desirable location with endless potential.Creekview Apartment Homes was built in 2018 utilizing Low-Income Housing Tax Credits. There is an assortment of floorplans ranging from studios to three-bedroom units. The spacious, open-concept units are well equipped to meet the needs of families of all sizes. The construction of the community includes high-end finishes like granite countertops, stainless steel appliances, and in-unit washer and dryers. Every apartment home has a private entrance from a common outdoor walkway as well as an attached balcony/patio. Amenities at Creekview are state-of-the-art. The large clubhouse includes amenities for all tenants and multiple rooms for lounging or entertaining. The modern features combined with ample outdoor space and full-sized pool offer the latest conveniences while providing a family-friendly and peaceful environment. There are schools and parks within walking distance of the community and easy access to public transportation. Occupancy at Creekview has consistently been trending upward. There are many voucher holder tenants from several local agencies residing at the community with the ability to receive above max LIHTC rents. Standard voucher payments are in line with market rents. Current tenant rents, however, are well below max LIHTC and market rents in the area.
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Highlights

  • 251,064 SF building
  • 264 units
  • Ample parking for residents
  • Built in 2018
  • High-demand area for multifamily investments
  • Modern and well-maintained property
  • On-site amenities and communal spaces
  • Prime location in Austin
  • Strong rental market in the vicinity

Contacts

broker

Performance Real Estate Advisors

Location

Getting Around

  • Walk Score ®

    32/100 Car-Dependent
  • Transit Score ®

    38/100 Some Transit
  • Bike Score ®

    31/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Austin, TX
  • Neighborhood North Point
  • Zip Code 78724
  • Market Austin

Points of Interest

  • Highland

    3.53 miles

  • Crestview

    3.91 miles

  • MLK Jr.

    4.07 miles

  • McKalla

    5.95 miles

  • Downtown

    6.08 miles

  • Kramer

    6.18 miles

  • Zilker Eagle

    7.68 miles

  • Shell

    0.48 miles

  • Chevron

    0.71 miles

  • SLEEP INN 1

    0.79 miles

  • Valero

    0.96 miles

  • INTBIO EV CHGR INTBIO EV CHGR 1

    1.05 miles

  • INTBIO EV CHGR INTBIO EV CHGR 2

    1.05 miles

  • Exxon

    1.09 miles

  • QuikTrip

    1.16 miles

  • PIE AE PUBACCSVSCTRST 1

    1.37 miles

  • PIE AE PUBACCSVSCTRST 2

    1.39 miles

  • Highland Campus South Garage

    3.22 miles

  • Parking Building

    3.41 miles

  • North Lamar Park & Ride

    3.86 miles

  • Olden customer parking

    3.95 miles

  • Parking - North Park Shopping Center

    3.99 miles

  • The Vortex Parking Lot

    4.28 miles

  • Winters North Parking

    4.28 miles

  • Winters East Parking

    4.29 miles

  • Winters Service Delivery Parking

    4.33 miles

  • Parking - Chinatown Center

    4.44 miles

  • Sleep Inn & Suites Austin - Northeast

    0.79 miles

  • WoodSpring

    0.81 miles

  • Candlewood Suites Austin North 290 & I 35

    0.87 miles

  • Patton Courts Motel

    1.51 miles

  • Extended Stay America - Austin - Metro

    2.55 miles

  • Uptown Suites Austin Downtown

    2.62 miles

  • Rodeway Inn & Suites Downtown North

    2.65 miles

  • Studio 6 Austin Midtown

    2.73 miles

  • Hampton Inn Austin North at I-35 and Hwy 183

    2.77 miles

  • Orangewood Suites

    2.77 miles

  • KFC

    0.44 miles

  • Sonic

    0.47 miles

  • Waffle House

    0.72 miles

  • Jack in the Box

    0.72 miles

  • Bill Miller Bar-B-Q

    0.72 miles

  • McDonald's

    0.72 miles

  • Pepe's Mexican Restaurant

    0.78 miles

  • Tres Amigos Restaurant

    1.05 miles

  • Mr Gatti's Pizza

    1.08 miles

  • La Yaquesita

    1.38 miles

  • Magnolia Montessori For All

    0.15 miles

  • LBJ Early College High School

    0.42 miles

  • Winn Elementary School

    0.52 miles

  • Texas Preparatory School - Austin

    0.93 miles

  • Andrews Elementary School

    1.04 miles

  • Gus Garcia Young Men's Leadership Academy

    1.12 miles

  • Austin AchievePublic Schools

    1.28 miles

  • Sacred Heart School

    1.41 miles

  • Barbara Jordan Elementary School

    1.41 miles

  • ITT Technical Institute

    2.47 miles

  • The Rise School of Austin

    2.55 miles

  • Primrose School

    2.94 miles

  • The Children's Courtyard on Harris Branch Parkway

    3.18 miles

  • Green Sprout Preschool

    3.25 miles

  • Grace Garden Child Development Center

    5.07 miles

  • Sammy's House

    5.15 miles

  • University United Methodist Church Early Childhood Center

    5.39 miles

  • Ebenezer Baptist Church Child Development Center

    5.53 miles

  • Capitol Complex Child Development Center

    5.58 miles

  • Little Munchkins Learning Center

    5.65 miles

Frequently Asked Questions

How much does Creekview cost?

The sale price for Creekview is available upon request. Contact the listing broker for more information.

What is the total square footage of Creekview?

Creekview totals 251,064 square feet.

When was this property built?

Creekview was built in 2018.

Looking for more in-depth information on this property?

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Performance Real Estate Advisors

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