| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 84th | Best |
| Demographics | 87th | Best |
| Amenities | 38th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1221 Barton Hills Dr, Austin, TX, 78704, US |
| Region / Metro | Austin |
| Year of Construction | 1973 |
| Units | 42 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1221 Barton Hills Dr, Austin Multifamily Opportunity
Neighborhood occupancy is notably high and renter demand is deep for this Barton Hills address, according to WDSuite's CRE market data. The combination supports income durability in a high-cost ownership pocket of Austin.
Barton Hills offers a livable inner-suburb setting with demand drivers relevant to multifamily investors. The neighborhood carries an A- rating and is competitive among Austin-Round Rock-Georgetown neighborhoods, placing in the top quartile among 527 metro neighborhoods. A majority of housing units are renter-occupied at the neighborhood level, indicating a sizable tenant base and supporting leasing stability.
Neighborhood occupancy is elevated (top quartile nationally), which typically supports steadier cash flows and reduces downtime between turns. Median contract rents benchmark above national norms, while the neighborhood rent-to-income positioning suggests manageable affordability pressure relative to higher-cost gateway submarkets, aiding retention and disciplined pricing.
Within a 3-mile radius, demographics point to a growing renter pool: population has expanded in recent years and households have increased meaningfully, with forecasts calling for further household growth alongside smaller average household sizes. For investors, that trend translates to more one- and two-person households seeking professionally managed rental options, which can support occupancy stability and absorption.
Local fundamentals are reinforced by elevated home values versus national benchmarks. In practice, the high-cost ownership environment sustains reliance on rental housing and can enhance lease-up velocity and renewal capture for well-operated assets. Daily-need amenities are accessible, with grocery presence comparing well to national averages and restaurant density solid for the metro, while average school ratings are strong (around 4 out of 5). These factors, based on commercial real estate analysis from WDSuite, underscore durable neighborhood demand characteristics.
Safety indicators for the neighborhood are below the national median, with violent and property offense measures tracking weaker than many U.S. neighborhoods. Relative to the Austin metro, the area sits below the metro median among 527 neighborhoods. Recent trend data shows modest year-over-year declines in estimated offense rates, which is a constructive directional signal, though investors should still underwrite appropriate security measures and operating practices.
From an investment perspective, below-median safety paired with gradual improvement suggests that thoughtful lighting, access controls, and professional management can help support retention and protect NOI.
Proximity to major employers supports renter demand and commute convenience, particularly for professionals tied to Whole Foods Market, Oracle, New York Life, State Farm, and Coca-Cola.
- Whole Foods Market — grocery retail (1.4 miles) — HQ
- Oracle Waterfront — technology (3.4 miles)
- New York Life — insurance (6.6 miles)
- State Farm Insurance — insurance (7.4 miles)
- Coca-Cola — beverage (8.6 miles)
This 42-unit Barton Hills asset benefits from neighborhood-level occupancy strength, a high concentration of renter-occupied housing, and proximity to major employers. Elevated home values in the area reinforce reliance on rental housing, supporting tenant retention and pricing power in professionally managed communities.
Within a 3-mile radius, recent population gains and a pronounced increase in households point to a larger tenant base ahead, with projections indicating continued household growth and smaller average household sizes. According to CRE market data from WDSuite, local rent benchmarks sit above national norms while rent-to-income positioning remains manageable for many professional renters, aligning with steady demand dynamics rather than speculative rent spikes.
- Strong neighborhood occupancy and renter concentration support income stability
- High-cost ownership market reinforces rental demand and renewal capture
- Growing 3-mile household base and smaller household sizes expand the renter pool
- Proximity to major employers supports leasing velocity among professionals
- Risk: below-median safety metrics warrant prudent security and operating practices