500 Elmwood
500 Elmwood Apartments, Austin
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500 Elmwood Overview and Highlights
Overview
500 Elmwood: A Distinctive Apartment Community in Austin
Prime Location Near University of Texas
500 Elmwood is a quaint apartment complex situated directly across the street from the University of Texas at Austin campus, making it an ideal residence for those wanting proximity to campus life. Nestled in the Hancock neighborhood, this community places residents within a short walking distance to campus and close to downtown Austin, providing convenient access to the city's vibrant offerings.
Diverse Unit Options and Comfortable Living
This 16-unit community features studio and one-bathroom apartments ranging from approximately 300 to 625 square feet. The interior spaces boast modern updates such as new appliances, fixtures, individual HVAC systems, ceiling fans, and concrete or hardwood floors, creating an environment that balances comfort with contemporary style.
Amenities and Features
Residents at 500 Elmwood benefit from several thoughtful community and apartment amenities including:
- Permit parking available in nearby lots
- 24-hour emergency maintenance
- Recycling services
- Updated kitchen appliances and fixtures
- Ceiling fans for enhanced air circulation
The building itself is a two-story structure built in 1965, offering a walk-up style entry with a close-knit community feel.
Nearby Dining and Lifestyle Options
The 500 Elmwood location places residents in a vibrant neighborhood with a variety of dining options, such as Posse East, Crown & Anchor, Trudy’s, and Subway, all within easy reach. Additionally, convenient shopping destinations like Central Market further enhance daily living.
Outdoor and Recreational Opportunities
Situated in the Hancock neighborhood, residents have access to tree-lined streets, parks, and walking trails. This setting provides a calming, park-like atmosphere while being within minutes of energetic urban life. The close proximity to the University of Texas also offers many opportunities for attending sporting events and cultural activities downtown.
Community Overview
The Hancock area blends peaceful residential living with urban convenience. With supermarkets, fitness centers, and a large golf course nearby, it appeals to those seeking both nature and city amenities. The community's location supports a balanced lifestyle that is just a short distance from Austin’s dynamic downtown district.
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500 Elmwood stands out as a well-positioned, well-appointed apartment community, perfectly suited for individuals who want to enjoy Austin’s cultural vibrancy and academic environment without sacrificing comfort or convenience.
Address
500 Elmwood Pl, Austin, TX
Building Type
Rental
Year Built
1965
Amenities
Frequently Asked Questions
Location & Neighborhood
Central Austin

When you hit Central Austin, you’ll know right away you landed in Longhorn territory. From the massive football stadium, which packs in crowds of tailgaters every fall, to the burnt orange glow of the UT Tower, the University of Texas at Austin dominates this area just north of Downtown. And, with its close proximity to all academic buildings — not to mention, the infamous strip of bars and restaurants known as “The Drag” — there’s no doubt it attracts a collegiate population.
However, the gorgeous, historic houses in this area would be perfect for small, growing families as well, especially in the section known as Hyde Park. The architecture there spans the gamut from peaked-roof Victorian classics, to hip, quaint bungalows. Yet, despite the different styles, a love of greenery mixed with a modern attitude abounds, creating a place where old magnolia trees line the blocks alongside progressive political banners and signs.
From The Blog
Disclaimer
Pricing, availability, and concessions are subject to change at any time and without notice. Photos may be of various model units and apartment availability and lease terms may vary. Information is believed to be accurate, however is subject to errors and omissions. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.