If you're looking for the most high-end apartment living in Austin, there's one name that should be at the top of your list: Waterline. This brand-new luxury high-rise is currently under construction and set to redefine downtown living in 2025. Once complete, it will be the tallest building in Texas—and the crown jewel of Austin’s skyline.
From sweeping city views to white-glove amenities, Waterline is built for renters who want next-level lifestyle perks in the heart of the action. Let’s break it all down.
🌍 Where Is Waterline Located?
Waterline is located at 98 Red River Street, nestled right on the edge of Lady Bird Lake in downtown Austin. This prime location puts you steps from:
- The Ann and Roy Butler Hike-and-Bike Trail
- Rainey Street nightlife
- The Austin Convention Center
- Dozens of restaurants, bars, and coffee shops
- Google, Meta, and other major employers
It doesn't get more central than this.
🏡 Features + Amenities at Waterline
Expect over-the-top luxury. The building is designed with both residential and hotel space, and renters will benefit from shared hotel-level services and amenities. Here’s what to expect:
- Resort-style rooftop pool with panoramic city + lake views
- Private club lounge
- Co-working space with meeting rooms
- Fitness center + yoga studio
- Dog park + pet spa
- Concierge + valet services
- Smart home features in every unit
- Private balconies with glass railings
- Floor-to-ceiling windows
- Built-in wine refrigerators and designer appliances
The tower is being developed by Lincoln Property Company and Kairoi Residential, in partnership with the luxury 1 Hotel brand—so you know it’s going to be stunning.
💸 What Will Rent Cost at Waterline?
Pricing hasn't officially launched for Waterline's apartment units yet, but based on similar high-end towers nearby (like The Independent, 44 East, and The Austonian), here’s what renters can likely expect:
Unit Type |
Est. Monthly Rent (2025) |
Studio |
$2,400 - $3,000 |
1 Bedroom |
$3,100 - $4,500 |
2 Bedroom |
$5,000 - $6,800+ |
Penthouse |
$10,000+ |
These are premium rents, but Waterline is positioning itself as the most exclusive rental tower in Austin.
🌆 Nearby Hot Spots
Want to know what life will look like living here? You’ll be within walking distance of:
- Rainey Street – Known for food trucks, outdoor patios, and nightlife
- Easy Tiger – Baked goods + beer garden
- The Line Hotel + P6 Rooftop
- ATX Cocina and Lakeside Paddle Rentals
- The Hike-and-Bike Trail for early morning runs or sunset walks
It’s not just about luxury inside your unit—the lifestyle outside matters, too.
🧱 Should You Wait for Waterline?
If you’re looking for ultra-high-end rentals with unmatched views and full hotel-style service, Waterline will be worth the wait.
If you’re ready to move sooner and still want downtown access, there are plenty of incredible options available now. Check out this related post: Best Walkable Luxury Apartments in Austin
✉️ Want Help Finding Something Similar?
You don’t have to wait around for construction to finish. We’ll help you find a unit with the right mix of location, luxury, and availability—fast.
Whether you're looking at Waterline or just want a better view of Austin's best options, we’re here to help. Our service is 100% free to you.
Contact us here and let us know what you're looking for. We'll match you with hand-picked listings that actually fit.
Related Blog Posts
- The Ultimate 2025 Guide to Finding Your Austin Apartment
- Bishop Momo: The South Congress Standout
- Austin's Top Luxury Skyrises - Where Style Meets Skyline Views
Need more help apartment hunting in Austin? Let’s make this easy. Tap below to get started: