| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 53rd | Poor |
| Demographics | 49th | Poor |
| Amenities | 31st | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 100 Carter Cir, Luling, TX, 78648, US |
| Region / Metro | Luling |
| Year of Construction | 1983 |
| Units | 20 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
100 Carter Cir Luling Multifamily Value-Add Potential
Neighborhood occupancy trends are steady and renter demand is supported by a smaller, workforce-oriented tenant base, according to WDSuite’s CRE market data. This asset’s scale suits the local market while offering operational efficiency for a 20-unit property.
Located in Luling within the Austin-Round Rock-Georgetown metro, the neighborhood carries a C rating and a rural profile. Amenity access is mixed: grocery options index above the national median while café and pharmacy density are limited, pointing to a quieter, drive-to-amenities location that typically supports longer average tenancy rather than lifestyle-driven turnover.
For investors, occupancy in the surrounding neighborhood sits above the national median, which supports income stability for small multifamily. Neighborhood renter-occupied share is below half, indicating a modest but active tenant base; in parallel, within a 3-mile radius, the renter-occupied share is roughly one-third, which aligns with workforce housing dynamics and supports lease-up for 1–2 bedroom product.
Homeownership costs benchmark in the upper-third nationally by value-to-income ratio, a profile that tends to reinforce reliance on rental housing and supports pricing power when managed carefully. Average school ratings in the area are near the national midpoint, a neutral factor for retention that neither disproportionately attracts nor deters family renters.
The property was built in 1983, newer than the neighborhood s average construction year. That newer vintage versus local stock can help competitive positioning against older assets, while investors should still underwrite routine modernization of interiors and systems to sustain rentability over the hold.
Safety indicators compare favorably at the metro and national levels. The neighborhood is competitive among Austin-Round Rock-Georgetown neighborhoods (81 of 527), and nationally it trends in the top decile for lower violent and property offense rates, suggesting comparatively stable operating conditions for a small-scale multifamily asset.
Recent year-over-year data show an uptick in property offenses locally; prudent asset management would incorporate lighting, access control, and resident engagement to maintain conditions. Overall, the broader trend remains favorable compared with many neighborhoods nationwide, but monitoring is warranted.
Regional employment access is anchored by corporate offices in Greater Austin, supporting commuter households and helping retention for workforce-oriented rentals. Employers below reflect the primary white-collar drivers within reasonable reach of the property.
- State Farm Insurance — insurance (38.9 miles)
- Oracle Waterfront — technology offices (39.6 miles)
- Whole Foods Market — corporate offices (41.8 miles) — HQ
100 Carter Cir offers small-scale multifamily exposure in a rural Austin metro neighborhood where occupancy trends run above the national median and the renter pool remains active, albeit modest. The 1983 vintage is newer than much of the surrounding housing stock, which can enhance competitiveness versus older assets; investors should still budget for targeted upgrades to sustain rentability. According to CRE market data from WDSuite, homeownership costs rank in the upper-third nationally relative to incomes, a backdrop that can support renter retention and measured pricing power.
Within a 3-mile radius, recent population growth and an increase in households point to a gradually expanding tenant base, with smaller household sizes over time reinforcing demand for rental units. Counterpoints include a limited neighborhood amenity base and signs of a recent uptick in property offenses, both manageable with focused operations and resident experience initiatives.
- Occupancy above national median supports income stability for a 20-unit asset
- 1983 vintage is newer than local average, offering competitive positioning with room for modernization
- Elevated ownership costs versus incomes reinforce renter reliance and pricing discipline
- 3-mile population and household growth expand the tenant base and support lease-up
- Risks: small rural market, limited amenity density, and a recent uptick in property offenses