| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 85th | Best |
| Demographics | 97th | Best |
| Amenities | 64th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1200 Treadwell St, Austin, TX, 78704, US |
| Region / Metro | Austin |
| Year of Construction | 1983 |
| Units | 77 |
| Transaction Date | 2014-02-14 |
| Transaction Price | $9,779,000 |
| Buyer | Confidential |
| Seller | BEI-SPVEF, LP |
1200 Treadwell St Austin Multifamily Investment, 77 Units
Positioned in Austin’s A+ urban core, the neighborhood’s high renter concentration supports durable leasing dynamics, according to WDSuite’s CRE market data. Expect steady demand from nearby employers and amenities, with pricing power tied to strong local incomes.
The property sits within an A+ rated Urban Core pocket of Austin, ranked among the top performers in the metro (3 of 527). Amenity access is a clear advantage: the area is in the top national percentiles for restaurants, pharmacies, parks, and groceries, providing daily-life convenience that supports resident retention and lease stability. Cafés are also abundant relative to most neighborhoods nationwide, while childcare options are thinner and may influence certain resident segments.
Neighborhood housing is relatively new on average (2000), while the asset’s 1983 vintage is older. For investors, that creates a practical value-add angle: targeted renovations and system upgrades can improve competitive positioning against newer stock while planning for ongoing capital needs typical of 1980s construction.
Tenure data indicates depth in the renter pool: the neighborhood shows a high share of renter-occupied housing units (62%+), reinforcing multifamily demand and providing a broad base for leasing. Occupancy across the neighborhood tracks near the national middle, suggesting stable absorption without signs of chronic oversupply.
Demographics aggregated within a 3-mile radius point to a large, growing renter base. Households increased over the past five years and are projected to expand by more than 50% by 2028, with a sizable 18–34 cohort that tends to rent near employment and amenities. Higher local incomes and elevated home values versus national norms suggest a high-cost ownership market, which typically sustains reliance on multifamily housing and supports rent collections and renewal prospects.
Safety indicators for the broader neighborhood trend below the national median, reflecting higher reported offense rates than many U.S. neighborhoods. Within that context, recent data shows property offenses declined modestly year over year, a constructive sign to monitor alongside standard asset-level security measures and leasing practices.
Investors should evaluate trends at the submarket and property level over time rather than relying on a single snapshot, and consider how professional management, lighting, access control, and resident screening can help support on-site outcomes relative to area conditions.
Proximity to major employment nodes supports weekday occupancy and renewal potential, with access to grocery retail headquarters, technology offices, and insurance companies that draw a steady professional renter base.
- Whole Foods Market — grocery retail HQ (1.1 miles) — HQ
- Oracle Waterfront — technology offices (2.5 miles)
- New York Life — insurance (7.2 miles)
- State Farm Insurance — insurance (7.9 miles)
- Coca-Cola — consumer beverages (8.8 miles)
1200 Treadwell St brings 77 units to one of Austin’s highest-performing urban neighborhoods, where amenity access and a high share of renter-occupied housing support durable demand. The 1983 construction is older than nearby stock, creating a straightforward value-add path through interior upgrades and selective building systems improvements. Elevated local incomes and a high-cost ownership environment reinforce the appeal of quality rentals, while neighborhood occupancy sits around the national middle, pointing to steady, sustainable leasing rather than late-cycle overheating.
Demographic trends aggregated within a 3-mile radius show a growing household base and strong representation of working-age renters, which aligns with the property’s average unit size and location near major employers. According to CRE market data from WDSuite, this submarket’s fundamentals and renter depth have historically supported pricing resilience through cycles, though execution will depend on renovation scope, asset management, and positioning versus newer competition.
- A+ Austin Urban Core location with top-tier amenity access that supports leasing velocity and renewals
- High renter-occupied share in the neighborhood provides depth in tenant demand
- 1983 vintage offers value-add potential via targeted renovations and system upgrades
- Elevated home values and strong incomes in the area underpin rental demand and pricing power
- Risks: below-median safety indicators and newer competitive supply require disciplined capital planning and management