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The Mercury apartments in Austin, TX

Updated

The Mercury

601 Cardinal Ln, Austin, TX 78704, USA

Live pricing, refreshed

21
Units Listed
$1,277
Starting at
$2,641
Average
$3,950
Highest
$2.63
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View South Lamar rent trends

Beds

Pricing by Bedroom

1 Bed
$2,167
from $1,277 · 11 units
~768 sqft avg
2 Bed
$3,095
from $2,660 · 9 units
~1,242 sqft avg
3 Bed
$3,765
from $3,765 · 1 units
~1,489 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

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

$51K

$612K annual run rate

Modeled estimate

Est. Occupancy

56%

of about 48 units (modeled from leasing activity)

Effective Rent on New Leases

$1,889

vs $2,641 current asking ($752 negotiation gap)

Recent Lease Activity

48 units tracked; 27 assumed leased, 21 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

21

Good availability

21 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

21 units

Select a unit to see its larger layout, price history, and link to the rental site.

Filter by unit features

Match all selected features. Layout filters use this unit’s matched floor plan. Missing details do not mean a feature is absent.

Unit features
Accessibility listedPro

Counts show listed matches. Accessibility labels do not describe every access need. Confirm specific features with leasing.

1 Bed Unit 10
$1,277/mo
540 ft² · $2.36/ft²

Available: Contact for availability

1 Bed Unit 11
$1,595/mo
556 ft² · $2.87/ft²

Available: Contact for availability

1 Bed Unit 3
$1,785/mo
690 ft² · $2.59/ft²

Available: Contact for availability

1 Bed Unit 1 Bedroom 11'-6" x 9'-5"BalconyWalk-in closet
$2,116/mo
632 ft² · $3.35/ft²

Available: Contact for availability

1 Bed Unit 4 Bedroom 11'-7" x 11'-5"BalconyWalk-in closet
$2,136/mo
750 ft² · $2.85/ft²

Available: Contact for availability

1 Bed Unit 2
$2,221/mo
683 ft² · $3.25/ft²

Available: Contact for availability

1 Bed Unit 7
$2,275/mo
927 ft² · $2.45/ft²

Available: Contact for availability

1 Bed Unit 5
$2,306/mo
862 ft² · $2.68/ft²

Available: Contact for availability

1 Bed Unit 6
$2,506/mo
890 ft² · $2.82/ft²

Available: Contact for availability

1 Bed Unit 9
$2,620/mo
852 ft² · $3.08/ft²

Available: Contact for availability

Full floor plan catalog

Review all 5 floor plans with Pro, including plans with no listed units.

Unlock catalog with Pro

Garages and parking

Parking, wellness and pet policy details for this building are available to Pro members: garage type and any monthly fee, bike storage, EV charging, amenities such as a sauna or cold plunge, and stated pet rent and weight limits.

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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

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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