
Lincoln Property Company and Kairoi Residential
98 Red River Street, Austin, TX, Texas
Waterline is a mixed-use development taking shape at 98 Red River Street in downtown Austin, bringing together residential and hotel uses in a single tower. The project pairs 352 luxury apartments with hotel space in the city's central district.
Developed by Lincoln Property Company and Kairoi Residential, the building is moving toward an estimated opening in fall 2026, adding a new residential option to one of Texas's fastest-growing downtowns.
Downtown Austin places residents within reach of the city's dining, entertainment, and cultural offerings, from the Red River district to the broader central business district. As a mixed-use building, Waterline itself combines residential suites with hotel accommodation on-site.
Specific nearby businesses, parks, and services will be confirmed as the project progresses. For now, its downtown Austin address places it among the walkable streets and waterfront amenities that define the city's core.
The downtown Austin location puts residents close to the city's central street grid and its network of transit options. Major routes such as Interstate 35, which runs along the eastern edge of downtown, provide connections across the region, while the walkable downtown core makes many destinations reachable on foot. Additional transit details can be confirmed as the development nears opening.
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Waterline is a joint effort between Lincoln Property Company and Kairoi Residential. Lincoln Property Company is a national real estate firm with a long history in commercial and residential development, while Kairoi Residential is a multifamily developer and operator active across the U.S. Together they bring experience in large-scale, mixed-use projects to this downtown Austin address.
Because Waterline is located in Texas, purchase and process details differ from Canadian pre-construction rules. Buyers interested in early access typically register their interest to be notified as pricing, floor plans, and availability are released, often ahead of a wider public launch.
In a new development, deposits are commonly structured in stages over the course of construction, and buyers should review the developer's specific terms carefully before committing. Registering early in a release can matter because the most sought-after layouts and views in a limited-inventory building are often spoken for first.
Texas does not have the statutory rescission or cooling-off periods that apply to new condominiums in Ontario, British Columbia, or Florida, so it is important to understand the specific purchase agreement and consult a local real estate professional. Final details will be confirmed by the developer.
Waterline is a mixed-use development at 98 Red River Street in downtown Austin, Texas. It combines 352 luxury apartments with hotel space in a single tower.
The project is being developed by Lincoln Property Company and Kairoi Residential, two firms with experience in large-scale residential and mixed-use development.
Waterline is located at 98 Red River Street in downtown Austin, TX, within the city's central district.
The development includes 352 luxury apartments alongside hotel accommodation as part of its mixed-use program.
The hotel and residential units are estimated to open in fall 2026. Timing can shift, so final dates will be confirmed by the developer.
Waterline offers luxury apartment residences. Specific floor plans, sizes, and pricing will be confirmed by the developer.
You can register your interest through LIQWD to receive updates as more details, including pricing and availability, are released by the developer.
Information last updated July 3, 2026. Details are provided by the builder and may change without notice.
First access to pricing, floorplans, and availability — before the public.