| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 54th | Best |
| Demographics | 17th | Poor |
| Amenities | 15th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 400 Rolling Oaks Dr, Giddings, TX, 78942, US |
| Region / Metro | Giddings |
| Year of Construction | 1982 |
| Units | 72 |
| Transaction Date | 2017-05-22 |
| Transaction Price | $90,000 |
| Buyer | CROSS BRADY G |
| Seller | CENTER MILDRED ANN |
400 Rolling Oaks Dr, Giddings TX Multifamily Investment
Neighborhood occupancy has trended stable and sits competitive locally, supporting predictable renter demand according to WDSuite’s CRE market data.
Giddings is a suburban pocket of Lee County where day-to-day convenience is anchored more by regional retail and services than dense urban amenities. Grocery access is comparatively stronger within the local peer set, while cafes, parks, and childcare are sparse, which investors should factor into marketing and tenant-experience programming.
Neighborhood occupancy ranks competitive among Lee County neighborhoods (5th of 14) and is slightly above the national midpoint, suggesting steady absorption and reasonable leasing velocity relative to similar small-metro locations. Median asking rents for the area track below national levels (37th percentile), a positioning that can support lease-up and retention while still allowing measured rent growth when paired with unit upgrades.
Ownership costs are near-to-moderately elevated versus incomes (value-to-income around the 67th national percentile), which tends to reinforce reliance on rental housing and supports depth in the tenant base. The share of renter-occupied housing units is higher than most neighborhoods nationally (74th percentile), indicating a meaningful renter concentration that can underpin multifamily demand.
Amenity access and household characteristics place the neighborhood in the C+ range locally. For investors, the combination of competitive occupancy, moderate rent levels, and a solid renter-occupied share points to steady fundamentals, with property-level improvements and professional management as levers to enhance performance against metro and national comparables based on CRE market data from WDSuite.
Comparable neighborhood-level safety data is not available in WDSuite for this location, so investors typically benchmark conditions against county and metro trends and emphasize on-site practices (lighting, access control, and management presence). Absent ranked metrics, underwriting should incorporate local knowledge and recent leasing experience to gauge resident comfort and turnover risk.
Regional employment centers within commuting range provide diversified job access that can support leasing stability; key examples referenced below are representative of nearby corporate offices.
- Farmers Insurance - Doug Gaul — insurance services (43.0 miles)
The property benefits from a neighborhood with competitive occupancy relative to local peers and rent levels positioned below national medians, supporting lease-up and retention. A higher share of renter-occupied housing units in the area indicates a deeper tenant pool, while ownership costs relative to incomes suggest sustained reliance on rentals. According to CRE market data from WDSuite, these dynamics place the neighborhood slightly above national midpoints for occupancy, with room to capture value through targeted renovations and consistent management.
Risks to underwrite include a thinner amenity base and the small-metro scale of Giddings, which can limit spillover demand from major job nodes. Even so, the renter concentration and steady local occupancy provide a foundation for stable cash flow, with operational execution and selective capex as primary levers for outperformance.
- Competitive neighborhood occupancy supports leasing stability
- Rent levels below national median aid retention and measured rent growth
- Higher renter-occupied share indicates deeper tenant base
- Value capture via targeted renovations and professional management
- Risks: lean amenity base and smaller employment footprint in the immediate area