| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 69th | Fair |
| Demographics | 75th | Good |
| Amenities | 72nd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2422 Western Trails Blvd, Austin, TX, 78745, US |
| Region / Metro | Austin |
| Year of Construction | 1978 |
| Units | 99 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2422 Western Trails Blvd Austin Value-Add Multifamily
Inner-suburb location with steady neighborhood occupancy and strong daily-needs access supports renter demand, according to WDSuite’s CRE market data.
This Inner Suburb neighborhood ranks in the top quartile among 527 Austin metro neighborhoods (A rating), signaling durable fundamentals for multifamily. Amenity access is notably strong: grocery options rank among the best locally, with restaurant and cafe density competitive at the metro level and above national medians. These convenience drivers typically aid leasing velocity and retention.
Neighborhood occupancy is above the national median, indicating relatively stable rent rolls through cycles. The area’s median school rating trends modestly above national norms, which can support family-oriented renter segments while not being the primary demand driver.
Within a 3-mile radius, demographic statistics show a near-flat population alongside a meaningful increase in households over the past five years, with forecasts pointing to further household gains and smaller average household sizes. For investors, that dynamic expands the potential tenant base and can support occupancy stability as more, smaller households enter the rental market.
Ownership costs in the neighborhood are elevated compared with national benchmarks, while rent-to-income levels are relatively manageable. For multifamily owners, this combination tends to sustain reliance on rental housing and can support lease retention, though pricing power should still be balanced against affordability pressure. Renter-occupied share within a 3-mile radius is substantial, indicating depth in the tenant pool rather than reliance on a narrow demand segment.
Safety metrics trend below both national and metro averages, suggesting investors should underwrite prudent security and operating practices. The neighborhood’s crime profile sits in lower national percentiles for safety, and ranks in the less competitive half among 527 Austin metro neighborhoods, indicating comparatively higher reported incidents.
Recent directional data show estimated year-over-year increases in both violent and property offenses (violent up 10.2% and property up 12.5%). While block-level conditions can vary, framing and resident communications, lighting, and access controls may help mitigate perception and retention risk. Comparisons should be made against peer submarkets during underwriting to calibrate expected operating costs and tenant experience.
Proximity to established employers supports a broad commuter tenant base and leasing durability, led by Whole Foods Market, Oracle, State Farm, New York Life, and Coca-Cola within typical urban commuting distances.
- Whole Foods Market — corporate offices (3.8 miles) — HQ
- Oracle Waterfront — corporate offices (4.6 miles)
- State Farm Insurance — corporate offices (5.2 miles)
- New York Life — corporate offices (8.6 miles)
- Coca-Cola — corporate offices (11.1 miles)
This 99-unit asset benefits from an A-rated Inner Suburb location with amenity density that outperforms most Austin neighborhoods and national medians. Neighborhood occupancy trends above the national median, supporting income stability, while elevated ownership costs help sustain reliance on rental housing. Within a 3-mile radius, household growth and smaller household sizes point to a larger renter pool over time, aiding leasing and retention.
According to CRE market data from WDSuite, local grocery, pharmacy, park, and cafe access rank competitively in the metro, reinforcing daily convenience that can support rent rolls. Owners should balance these demand strengths against below-average safety metrics by budgeting for security, lighting, and resident-experience investments that protect retention and asset performance.
- A-rated Inner Suburb with top-quartile standing among 527 Austin neighborhoods
- Above-national-median neighborhood occupancy supports income stability
- Elevated ownership costs and strong amenity access reinforce multifamily demand
- 3-mile household growth and smaller household sizes expand the renter base
- Risk: safety metrics trend below metro and national norms—plan security and OpEx accordingly