| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 72nd | Good |
| Demographics | 81st | Best |
| Amenities | 64th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2200 Panther Trl, Austin, TX, 78704, US |
| Region / Metro | Austin |
| Year of Construction | 1995 |
| Units | 102 |
| Transaction Date | 2005-12-02 |
| Transaction Price | $9,250,000 |
| Buyer | RED HAWK APTS LTD |
| Seller | BS HAMILTON GP LLC |
2200 Panther Trl Austin 78704 Multifamily Opportunity
Strong renter concentration and amenity density in this 78704 Urban Core location point to durable multifamily demand, according to WDSuite’s CRE market data. Investors evaluating occupancy stability can benchmark neighborhood trends against the broader Austin metro to gauge leasing resilience.
Located in Austin’s Urban Core, 2200 Panther Trl benefits from a dense amenity base that supports renter convenience and lease retention. Neighborhood measures show cafes, restaurants, groceries, and pharmacies performing in the top quartile nationally, while schools score strongly as well. According to WDSuite’s CRE market data, the neighborhood’s overall rating is A and ranks 60th among 527 Austin metro neighborhoods, signaling competitive positioning for daily-needs access and tenant appeal.
The area’s housing stock skews older than the property: the neighborhood’s average construction year is 1984, while the asset was built in 1995. That vintage position offers relative competitiveness versus older product; however, investors should still plan for targeted modernization and systems updates typical for late-1990s multifamily.
Renter-occupied housing is prevalent locally, with a high renter concentration that indicates a deep tenant base for multifamily. Neighborhood occupancy rates are above national medians, and a high share of renter-occupied units supports demand depth and potential leasing velocity. Median contract rents in the neighborhood sit above many national peers, reinforcing the need for thoughtful lease management and positioning.
Within a 3-mile radius, population is broadly stable, while households have increased and are projected to expand further, implying smaller household sizes and continued renter pool support. Rising incomes in this radius, alongside elevated ownership costs in the neighborhood relative to national norms, can sustain interest in professionally managed rentals. These dynamics, based on commercial real estate analysis from WDSuite, suggest demand support but call for close monitoring of rent-to-income ratios for retention risk.
Two factors to watch: park access and childcare density are limited in the immediate neighborhood, which may influence appeal for some family renters. Balancing these constraints with the strong food, grocery, and pharmacy access can help maintain competitive positioning within the Austin-Round Rock-Georgetown metro.
Safety indicators for the neighborhood trend below national medians, with crime measures placing the area below many U.S. neighborhoods on a comparative basis. In metro context, the neighborhood is not among the safer cohorts of Austin’s 527 neighborhoods.
Recent trends are mixed: property-related offenses show modest improvement year over year, while violent offense indicators have increased. For investors, this typically argues for proactive security planning, lighting and access control, and attentive onsite management to support retention and asset performance. These statements reflect neighborhood-level patterns rather than property-specific conditions.
Nearby employers provide a diverse white-collar base that can support renter demand and commute convenience, including Whole Foods Market, Oracle Waterfront, State Farm, New York Life, and Coca-Cola.
- Whole Foods Market — corporate offices (3.1 miles) — HQ
- Oracle Waterfront — corporate offices (4.0 miles)
- State Farm Insurance — insurance (5.9 miles)
- New York Life — insurance (8.1 miles)
- Coca-Cola — consumer goods offices (10.4 miles)
This 102-unit asset built in 1995 is positioned in an amenity-rich 78704 neighborhood where renter concentration and daily-needs access underpin demand. The property’s vintage is newer than the neighborhood average, suggesting relative competitiveness versus older stock, with value-add potential through common-area refreshes, unit modernization, and energy-efficiency upgrades typical for late-1990s buildings.
Within a 3-mile radius, households have grown and are forecast to expand further even as household sizes trend smaller, supporting a larger tenant base and leasing depth. Elevated neighborhood ownership costs relative to national norms reinforce reliance on multifamily housing, while a rent-to-income ratio near 32% highlights affordability pressure and the need for disciplined revenue management. According to CRE market data from WDSuite, neighborhood occupancy trends sit above national medians, but safety indicators trail national benchmarks—pointing to active property management and security planning as important risk mitigants.
- Amenity-dense Urban Core location with top-quartile dining, grocery, and pharmacy access supporting renter retention.
- 1995 vintage is newer than neighborhood average, enabling competitive positioning with targeted renovations for upside.
- 3-mile radius shows household growth and smaller household sizes, expanding the renter pool and supporting occupancy stability.
- Elevated ownership costs versus national norms support multifamily demand; monitor rent-to-income and retention strategies.
- Risk: neighborhood safety lags national medians, warranting proactive security, lighting, and onsite management focus.