| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 69th | Fair |
| Demographics | 58th | Fair |
| Amenities | 40th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2317 S Pleasant Valley Rd, Austin, TX, 78741, US |
| Region / Metro | Austin |
| Year of Construction | 1985 |
| Units | 96 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2317 S Pleasant Valley Rd Austin Multifamily Investment
Renter demand is deep in this Inner Suburb of Austin, with neighborhood occupancy around the national median and a notably high share of renter-occupied units, according to WDSuite’s CRE market data. Location near major employment nodes supports leasing stability while leaving room for operational upside.
Situated in Austin’s Inner Suburb corridor, the neighborhood carries a B- rating and sits near the metro midpoint (competitive among 527 Austin neighborhoods). For investors, the headline is demand depth: renter-occupied share is in the top quartile nationally, signaling a large, durable tenant base that can support absorption and retention across cycles, per WDSuite’s commercial real estate analysis.
Daily-needs access is a relative strength. Grocery and pharmacy availability track above national averages, while childcare density is also strong. By contrast, restaurant and café density is limited and park access is thin, suggesting lifestyle amenities are more utilitarian than experiential — a fit for workforce-oriented leasing, but with fewer placemaking tailwinds.
Neighborhood occupancy trends remain around the national median and slightly above several peer areas in the metro, which supports baseline income stability. Median contract rents and home values are above many U.S. neighborhoods; in practice this high-cost ownership context helps sustain reliance on rentals and can support pricing power when renewal risk is managed thoughtfully.
Demographic statistics aggregated within a 3-mile radius show households have grown in recent years and are projected to expand further, even as average household size trends lower. This points to a larger renter pool over time and steady demand for multifamily units, especially practical floor plans that serve singles and smaller households.
Vintage context matters: the property’s 1985 construction is slightly older than the neighborhood average stock (1990). That age gap often translates to value-add potential through targeted interior updates and systems modernization, while remaining competitive on rents relative to newer deliveries.
Safety conditions in the neighborhood trail national benchmarks (overall crime sits below the national median, around the lower third by percentile). However, recent year-over-year trends show improving directionality in both property and violent offense rates, according to WDSuite’s CRE market data. Investors typically underwrite to on-site security, lighting, and resident screening to support retention and asset performance.
At the metro level, the area performs below many Austin submarkets on safety, so pro forma assumptions should reflect ongoing operational attention. The improving trajectory is a constructive signal, but risk-adjusted planning remains prudent.
Proximity to established employers underpins workforce housing demand and commute convenience. Nearby anchors include Oracle, Whole Foods Market, State Farm, New York Life, and Coca-Cola, supporting a diversified white-collar and operations employment base.
- Oracle Waterfront — technology offices (1.0 miles)
- Whole Foods Market — grocery corporate offices (3.3 miles) — HQ
- State Farm Insurance — insurance (9.2 miles)
- New York Life — insurance (9.7 miles)
- Coca-Cola — consumer beverages offices (10.4 miles)
This 96-unit asset (built 1985) offers scale in an Inner Suburb location where renter concentration is among the highest nationally and neighborhood occupancy sits around the national median. The vintage positions the property for targeted value-add — interiors, common areas, and select building systems — to compete effectively against newer stock while capturing steady demand from a sizable tenant base. Based on CRE market data from WDSuite, elevated ownership costs in the area continue to support reliance on rentals, and proximity to major employers reinforces leasing durability.
Within a 3-mile radius, households have increased and are projected to expand further alongside smaller average household sizes — a dynamic that typically enlarges the renter pool and supports occupancy stability. Rents have risen over recent years, suggesting pricing power when paired with active lease management; balanced against this are safety metrics below national medians and limited park/restaurant density, which argue for prudent underwriting and resident-experience investments.
- High renter concentration and around-median occupancy support demand depth and income stability
- 1985 vintage enables value-add through interior upgrades and systems modernization
- Elevated ownership costs and nearby employers bolster leasing resilience
- 3-mile household growth and smaller household sizes point to a larger renter pool
- Risks: below-median safety and thinner lifestyle amenities require operational focus and conservative underwriting