| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 45th | Poor |
| Demographics | 34th | Poor |
| Amenities | 60th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 100 Windwood Dr, Kingsland, TX, 78639, US |
| Region / Metro | Kingsland |
| Year of Construction | 1988 |
| Units | 35 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
100 Windwood Dr, Kingsland TX Multifamily Investment
Positioned in a rural pocket of Llano County with steady everyday amenities, this 35-unit asset offers value-add potential in a submarket where renter demand is supported by accessible rents, according to WDSuite’s CRE market data.
Kingsland’s neighborhood setting scores competitively on everyday convenience within Llano County—amenities, parks, pharmacies, and cafes rank near the top among 11 metro neighborhoods—placing it above the metro median while landing around the middle of national comparisons. For investors, this supports day-to-day livability that can aid leasing and retention without relying on destination retail.
Neighborhood housing stock skews newer than much of the nation (average construction year 2007, competitive among Llano County neighborhoods), which sets a modernizing competitive set for older assets. Median contract rents trend on the lower side nationally, and the rent-to-income ratio sits in a healthier range for lease management, indicating relatively lower affordability pressure and potential room for measured rent increases as value is added.
The share of housing units that are renter-occupied is 26.5%, signaling a smaller renter concentration. For multifamily investors, that typically means a more targeted tenant base and the need for focused marketing, but it can also support stability among long-term renters. Neighborhood occupancy is below many national and metro peers, which suggests underwriting should account for potentially longer lease-up or turnover periods and active management to sustain occupancy.
Home values in this area are relatively accessible compared with many U.S. markets, which can introduce some competition from ownership; however, the combination of moderate rents and everyday amenities can preserve the appeal of rental living. Average school ratings trend lower locally, an important consideration for family-oriented leasing strategies. Overall, based on multifamily property research from WDSuite, the submarket’s livability and cost profile can support workforce housing positioning, with upside tied to thoughtful renovations and disciplined operations.
Neighborhood-level crime metrics were not available in WDSuite for this location. Investors typically benchmark safety using multiple sources, including county reports, local law enforcement briefings, property management feedback, and touring at different times of day, to understand relative conditions and trend direction.
Given the rural context, it’s prudent to compare patterns with nearby Llano County neighborhoods and to incorporate security, lighting, and access control into capital plans as appropriate. This approach supports tenant retention and risk management without relying on unverified block-level statistics.
Regional corporate employment within commuting reach can supplement the tenant base, particularly for workforce renters tied to steady office and services roles. The following reflects a notable nearby employer that can influence leasing demand.
- New York Life — insurance (43.6 miles)
Built in 1988, the property is older than the neighborhood’s predominantly 2000s-era housing stock, pointing to value-add potential through interior updates, system upgrades, and exterior improvements that can lift positioning against newer comparables. Lower median rents and a favorable rent-to-income profile indicate manageable affordability pressure—supporting retention and measured rent growth where renovations improve livability—while the smaller renter concentration suggests targeted marketing and hands-on management will be important to sustain occupancy.
According to CRE market data from WDSuite, local amenities are competitive within Llano County, reinforcing day-to-day convenience for residents. Underwriting should reflect neighborhood occupancy levels that trail many peers, balancing the upside from renovations with prudent lease-up timelines and reserves. Overall, the thesis centers on disciplined execution of a workforce housing strategy in a rural setting, with returns driven by operational improvement and selective capital investment rather than speculative rent growth.
- 1988 vintage supports value-add through interior, system, and curb appeal upgrades versus newer local stock
- Competitive everyday amenities in Llano County aid leasing and retention
- Lower rent levels and moderate rent-to-income dynamics support measured rent growth with renovations
- Targeted marketing required given a smaller renter-occupied share, with focus on workforce renters
- Risk: neighborhood occupancy trends lag peers—underwrite longer lease-up and maintain operating reserves