| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 45th | Poor |
| Demographics | 34th | Poor |
| Amenities | 60th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 200 Windwood Dr, Kingsland, TX, 78639, US |
| Region / Metro | Kingsland |
| Year of Construction | 1994 |
| Units | 36 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
200 Windwood Dr, Kingsland TX Multifamily Investment
Positioned in a rural Llano County submarket where neighborhood occupancy trends run below national norms, this 36-unit asset leans on renter affordability and operational execution to drive returns, according to CRE market data from WDSuite.
Kingsland’s neighborhood profile rates C+ and sits 7th among 11 Llano County neighborhoods, indicating a mid-pack performance with selective strengths for workforce-oriented rentals. Amenity access is competitive locally: parks and pharmacies score in the top quartile nationally, and cafes are above the U.S. midpoint, supporting day-to-day livability that can aid retention.
The renter concentration is measured as the share of housing units that are renter-occupied at roughly a quarter of the stock, suggesting a thinner tenant base than more urban Texas locations. For multifamily owners, that means leasing success depends more on property-level appeal and targeted marketing than overflow renter demand. Neighborhood occupancy runs below national averages, so underwriting should prioritize leasing velocity and renewal management rather than aggressive rent-ups.
Within a 3-mile radius, demographics indicate a modest household size and income levels near the lower middle of national ranges. Home values sit below the national midpoint, and the value-to-income profile suggests ownership is comparatively accessible; for investors, this implies some competition from for-sale options. At the same time, rent-to-income is comfortably positioned, supporting lease retention and payment consistency even if it moderates near-term pricing power.
Vintage also matters: the property was built in 1994, while the neighborhood’s stock skews newer (mid-2000s on average). That age gap can create value-add potential via exterior refresh, unit modernization, and system updates to better compete with newer supply, provided capital plans align with achievable rents in this rural setting.
Comparable neighborhood safety benchmarking is not available in the current dataset for this location. Without metro rank or national percentile indicators, investors should rely on third-party crime trend reviews and property-level incident history to contextualize risk alongside standard insurance and security planning.
A practical approach is to assess multi-year trends at the neighborhood and surrounding submarket level, consider visibility and lighting, and weigh any on-site measures that can support resident comfort and retention.
Regional employment access is primarily driven by larger corporate offices within commuting range, which can still support tenant demand for stable workforce housing. Notable among these is New York Life.
- New York Life — insurance (43.6 miles)
This 36-unit asset offers an attainable-entry rural Texas exposure where tenant affordability supports steady renewals, while neighborhood occupancy trends below national norms argue for disciplined leasing and asset management. Built in 1994, the property trails the area’s generally newer stock, creating a clear pathway for targeted value-add to close the competitive gap. According to CRE market data from WDSuite, the local renter-occupied share is modest and homeownership is comparatively accessible, signaling a need to differentiate via renovated interiors, curb appeal, and reliable operations rather than pure rent push.
The investment case rests on durable affordability, measured rent burdens that favor retention, and selective modernization to attract and keep renters in a smaller tenant pool. Risks include thinner demand depth relative to urban cores and school ratings that may weigh on family-driven leasing; underwriting should reflect conservative lease-up timelines and reserves for ongoing capital.
- Renter affordability supports retention and consistent collections.
- 1994 vintage offers value-add upside versus newer neighborhood stock.
- Rural setting with manageable commutes underpins workforce housing demand.
- Conservative underwriting prudent given below-average neighborhood occupancy.
- Risk: smaller renter pool and lower school ratings may temper lease-up and rent growth.