Constructed in 2007, this two-story, single-family home in one of Austin’s best neighborhoods is now on the market for rent. A spacious shared apartment with huge rooms and a fenced-in backyard, this 5-bedroom, 2.5-bathroom home is perfect for couples moving into Cherrywood. At 2000-square-feet, this pristine home features central heating and air conditioning, french doors, a fully-applianced gourmet kitchen, freshly painted walls, high ceilings, large windows, modern lighting fixtures, new carpeting, and a washer and dryer. Additional property features include a detached two-car garage and a front porch. You have the option of renting a single room or this entire home if you are planning to move in with friends. If you are new to the area, June can fully furnish this unit for an additional fee.
Large, sunlit bedrooms provide ample space for relaxation and privacy. Each room can accommodate a queen-size bed, nightstands, personal workspace, and a dresser or armoire. All bedrooms include walk-in closets, pendant lights, and windows with window coverings. One bedroom includes a private bathroom with a double-sink vanity, large mirror, jacuzzi bathtub, and walk-in shower. The second full-bathroom upstairs offers a large, single-sink vanity with lots of underneath cabinet space and a bathtub shower combination. All bathrooms feature brushed nickel fixtures, eco-friendly dual-flush toilets, modern lighting, and tile floors. The eat-in kitchen features custom cabinets, a double-bowl sink, granite countertops, and stainless steel appliances, including a dishwasher and an over-the-range microwave. A kitchen island and breakfast bar that seats three turns this space into a casual hangout and convenient place to eat and socialize. The kitchen offers enough space for a large, six-person dining table. An expansive living room with large windows provides the perfect setting for hosting and entertaining guests. This room is perfect for a large, sectional couch, multiple chairs, tables, and a TV stand or entertainment console.
Cherrywood is a charming residential neighborhood located less than three miles northeast of Downtown Austin. One of East Austin’s most desirable neighborhoods to live in, Cherrywood is one of the last areas to be fully developed. A diverse area that offers an eclectic mix of affordable single-family bungalows and two-story duplexes, Cherrywood’s proximity to nearby attractions and the University of Texas makes this an appealing neighborhood for both college students and working professionals. Quiet, pedestrian and bicycle-friendly streets attract families with kids that enjoy the small offering of public parks that can be found in this suburban area.
Located near the main commercial thoroughfare of Airport Boulevard, this lovely Cherrywood home is a short drive from nearby public parks and Interstate 35. An ideal home for those that commute by car, there are numerous bus stops within walking distance for those looking to take advantage of public transportation. Book a tour of this home today and ask about short-term leasing options if you are unsure how long you plan to stay in Cherrywood.
Explore the property through a virtual walkthrough and discover a variety of in house amenities all at highly affordable rents.
1. To book a room with the property, you need to pay either:
(a) A refundable security deposit equal to one month of rent, or
(b) A one time move-in fee of $500 (per room).
2. Your upfront costs are determined by your move-in date and length of stay.
(a) If your move-in is before the 10th of the month and your stay is more than a month, your upfront costs will be:
1. Security Deposit.
2. First month's pro-rated or full charges.
(b) If your move-in is on or after the 10th of the month and your stay is less than two months, your upfront costs will be:
1. Security Deposit.
2. First month's prorated charges.
3. Full second month's charges.
(c) If your move-in is before the 15th of the month and your stay is more than two months, your upfront costs will be:
1. Security Deposit.
2. First month's pro-rated or full charges.
(d) If your move-in is on or after the 15th of the month and your stay is more than two months, your upfront costs will be:
1. Security Deposit.
2. First month's prorated charges.
3. Full second month's charges.
(e) If your stay is for one month, regardless of your move-in date, the property will require your full stay to be charged upfront, including your security deposit (if applicable).
Please note: All upfront payments are due within 3 days of your signature date.
1. Upfront Payment
2. Payment in monthly payments.
The rent payments can be made through PropertyWare, Stripe & Flex. Please note that these payment methods charge transaction fees for different payment methods, over which they have no control. Payments made through checks or third-party platforms other than PropertyWare, Stripe or Flex will not be accepted.
Below are the requirements you'll need to meet in order to qualify as a resident:
1. Proof that your monthly income is 3x the monthly rent or proof that you have 60x the monthly fee in cash assets. You can prove cash assets by providing banking statements
2. An above 650 credit score
If you don’t meet the resident requirements to qualify for a home on your own, you will need to apply for a home with a guarantor who will co-sign your lease. The guarantor must provide:
1. Proof that their monthly income is 5x the monthly fee or proof that they have 80x the monthly fee in cash assets
2. A credit score of at least 650
Please note: If you can’t find anyone to act as a guarantor, you can use the services of "TheGuarantor" and they will act as your guarantor by co-signing your lease for a fee, helping you qualify.
1. The Membership Fee varies based on the apartment and room type, averaging around $169 for an entire apartment and $126 for a private room.
2. Couples need to pay an additional $350 per month.
3. For pets an additional monthly fee of $50 for a cat and $100 for a dog will be charged.
4. There is a $6 utility management fee which is charged monthly, by the property, to take care of the utility bills.
5. Lock-out fee: $100.
6. $20/month home essentials stipend for tenants in shared multi-bedroom apartments that you can use to buy home essentials for you and your roommates (e.g. toilet paper, hand soap, dishwasher pods, paper towels, etc.)
7. Parking is an additional service and charges can go from $150 to $250 per month depending on the city.
8. Utilities are divided amongst the tenants in a household and are based 100% on consumption except for the Internet. The Internet has a stable monthly fee. Utilities can depend on cities but they can use these as ballpark estimates:
Electricity: $40 - $80 depending on seasonality
Gas: $20 - $50 depending on seasonality
Water: $50 - $100 depending on seasonality
The property does not offer any cooling-off periods, all contracts are legal and binding.
1. If you'd like to terminate early, the property requires a 60 days minimum notice.
2. The notice is considered effective from the 1st day of the next rental period. For example, if you submit your 60 days notice on May 15th, it will count as 60 days from June 1st.
3. If you wish to exercise the option to terminate your lease prior to the agreed-upon end date, the property requires a surrender fee equal to 1 month's rent if your requested new lease end date is between June 1st & August 31st.
4. For requests with new lease end dates between September 1st & April 30th, the termination fee is 1.5 months' rent. The fee is paid upfront at the date of the notice.