Madison at Stone Creek Built in 1995, Madison at Stone Creek is located at 6800 McNeil Dr.

AUSTIN, TX—Waterton recently acquired a three-property residential portfolio totaling 950 units formerly owned by Northland Investment Corporation. The acquisition marks a re-entry into the Austin real estate market for Waterton, having sold its last local asset in March 2015.

Built in 1995, 1996 and 1997 respectively, the properties are located approximately 14 miles north of the central business district and include Madison at Stone Creek (6800 McNeil Dr.), Madison at Wells Branch (3201 Century Park Blvd.) and Madison at Scofield Farms (13401 Metric Blvd.).


➤➤ Join the GlobeSt.APARTMENTS (formerly RealShare) conference October 29-30 in Los Angeles. The event will analyze the opportunity in the emerging trends and conditions of the multifamily market. Don’t miss out on joining the 1,000+ of the industry’s top owners, investors, developers, brokers and financiers as they gather for THE MULTIFAMILY EVENT OF THE YEAR! Click here to register and view the agenda.


NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.