| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 80th | Best |
| Demographics | 69th | Good |
| Amenities | 63rd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 130 Cumberland Rd, Austin, TX, 78704, US |
| Region / Metro | Austin |
| Year of Construction | 1973 |
| Units | 100 |
| Transaction Date | 1998-09-04 |
| Transaction Price | $2,296,900 |
| Buyer | SOUTH AUSTIN OAKS LLC |
| Seller | OLIVA MARILYN |
130 Cumberland Rd Austin Multifamily Investment Opportunity
Positioned in Austin’s 78704 inner-suburb, the asset benefits from strong renter demand and elevated neighborhood occupancy, according to WDSuite’s CRE market data, supporting durable income while offering value-add potential.
This Inner Suburb neighborhood (A-rated) is competitive among Austin neighborhoods and shows resilient renter demand. Neighborhood occupancy trends sit above national medians, helping support income stability and lease retention for well-managed multifamily.
Daily conveniences are a core strength: grocery and pharmacy access rank among the top percentiles nationally, while restaurants are abundant relative to peers. Park and cafe density are thinner within the neighborhood boundaries, so residents may rely more on nearby districts for green space or third-space gathering.
Ownership costs are high for the neighborhood compared with national norms, which generally sustains reliance on rental housing and can support pricing power. Median contract rents in the neighborhood are also elevated versus the nation, but the rent-to-income relationship indicates manageable affordability pressure for many renters, which can aid renewals and reduce turnover risk.
Unit tenure patterns point to a deep renter base: renter-occupied housing makes up a clear majority in the neighborhood, supporting steady leasing for multifamily operators. Within a 3-mile radius, demographics point to modest population growth and a pronounced increase in households alongside smaller household sizes over the next few years; that combination expands the tenant base and tends to favor smaller formats. The property’s compact average unit size suggests alignment with this demand profile, based on commercial real estate analysis from WDSuite.
The building’s 1973 vintage is older than the neighborhood’s newer average stock, implying near- to medium-term capital planning for systems and interiors. For investors, that also creates optionality for targeted renovations and repositioning to strengthen competitive standing against 2000s-era product.
Safety metrics for the neighborhood trend below national medians, indicating comparatively higher reported crime than many U.S. neighborhoods. Within the Austin metro (527 neighborhoods), this area performs below the metro average. For investors, this typically warrants prudent underwriting for on-site security, lighting, access control, and experienced property management.
Recent year-over-year indicators reflect increases in both violent and property offenses at the neighborhood level. While patterns can be cyclical and vary by block, operations that emphasize prevention and resident engagement can help support retention and stabilize performance relative to nearby submarkets.
Proximity to major corporate offices supports a broad renter base and commute convenience for professionals, reinforcing leasing depth for workforce and market-rate units. The anchors below reflect nearby employers most likely to influence tenant demand.
- Oracle Waterfront — corporate offices (2.3 miles)
- Whole Foods Market — corporate offices (2.4 miles) — HQ
- State Farm Insurance — insurance offices (7.5 miles)
- New York Life — insurance offices (8.5 miles)
- Coca-Cola — beverage corporate offices (10.1 miles)
130 Cumberland Rd is a 100-unit asset in Austin’s 78704 with durable renter demand supported by neighborhood fundamentals: elevated occupancy versus national norms, high-cost ownership conditions that reinforce reliance on rentals, and strong daily-needs access. According to CRE market data from WDSuite, the neighborhood shows a majority share of renter-occupied housing, which deepens the tenant pool and supports leasing stability.
The 1973 vintage is older than the neighborhood’s average, pointing to capital planning and a clear path for selective value-add to improve competitive positioning against newer stock. Within a 3-mile radius, households are expected to expand and average household size to decline, which typically favors smaller-format units and supports absorption for compact layouts like those present at the property.
- Elevated neighborhood occupancy and deep renter base support income durability
- High-cost ownership market sustains reliance on rentals and pricing power potential
- Household growth and smaller household sizes within 3 miles expand the tenant pool
- 1973 vintage offers value-add and modernization upside relative to newer competitors
- Risks: below-median safety metrics and older systems require prudent underwriting and capex