Updated
The Mercury
601 Cardinal Ln, Austin, TX 78704, USA
Live pricing, refreshed
How does this compare? View South Lamar rent trends
Rent Distribution
Price Breakdown
Rent by Unit
Price vs. Square Footage
Price History
Property Price Trend
Units with Price Changes (23)
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: modeled from how many distinct units we have observed over time
- 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: moderate (building size is modeled).
Est. Monthly Revenue
$81K
$967K annual run rate
Modeled estimate
Est. Occupancy
81%
of about 42 units (modeled from leasing activity)
Effective Rent on New Leases
$2,371
vs $1,914 current asking
Recent Lease Activity
42 units tracked; 34 assumed leased, 8 listed nowSee which units leased, when they left the market, and the rent they leased at.
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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
8
Moderate availability
4 floor plans
Move-in Specials
0
No active promotions
Negotiation Leverage
High demand property with less room to negotiate on price.
Price vs. South Lamar
NeighborhoodComparing 11 apartments in South Lamar. Click any bar to view that building.
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Available Units
| Unit | Floor Plan | Bed/Bath | Sqft | ↑ Price | $/Sqft | Available | Details |
|---|---|---|---|---|---|---|---|
| 12 | 1BR/1BA – A21 bd | 1 bth | 683 sqft | 1bd / 1ba | 683 | $1,500 | $2.20 | -- | |
| 19 | 1BR/1BA – A41 bd | 1 bth | 750 sqft | 1bd / 1ba | 750 | $1,500 | $2.00 | -- | |
| 26 | 1BR/1BA – A81 bd | 1 bth | 1065 sqft | 1bd / 1ba | 1,065 | $1,500 | $1.41 | -- | |
| 3 | 1BR/1BA – A11 bd | 1 bth | 632 sqft | 1bd / 1ba | 632 | $1,500 | $2.37 | -- | |
| 9 | 1BR/1BA – A11 bd | 1 bth | 632 sqft | 1bd / 1ba | 632 | $2,025 | $3.20 | -- | Up $25 since Aug 13 |
| 23 | 1BR/1BA – A41 bd | 1 bth | 750 sqft | 1bd / 1ba | 750 | $2,060 | $2.75 | -- | |
| 16 | 1BR/1BA – A21 bd | 1 bth | 683 sqft | 1bd / 1ba | 683 | $2,125 | $3.11 | -- | Down $295 since Aug 20 |
| 30 | 1BR/1BA – A81 bd | 1 bth | 1065 sqft | 1bd / 1ba | 1,065 | $3,100 | $2.91 | -- | Down $50 since Aug 20 |
Unit Details
Chart
Train activity
Train activity nearby
Freight line 2,654 ft away · 19 trains/day
- 10 daytime, 9 overnight
- Quiet zone. Horns are silenced at the nearest crossing.
- Operator: UP
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
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South Lamar Rent Trends
See how rent prices are changing in South Lamar and across Austin, TX.