| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 69th | Fair |
| Demographics | 80th | Best |
| Amenities | 54th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4310 Avenue B, Austin, TX, 78751, US |
| Region / Metro | Austin |
| Year of Construction | 1972 |
| Units | 29 |
| Transaction Date | 1995-11-02 |
| Transaction Price | $560,000 |
| Buyer | WAUGH PROPERTIES INC |
| Seller | RTC MTG TRUST 1994-S6 |
4310 Avenue B Austin Multifamily Investment Outlook
Neighborhood fundamentals point to durable renter demand and supportive occupancy in the low‑90s for the surrounding area, according to WDSuite’s CRE market data. This asset’s Austin urban-core setting offers depth of tenants and steady leasing drivers without relying on speculative growth.
The property sits in Austin’s Urban Core and the surrounding neighborhood ranks 107 out of 527 metro neighborhoods (A- rating), placing it in the top quartile among the Austin–Round Rock–Georgetown metro. For investors, that positioning indicates competitive fundamentals relative to other in-city locations rather than an outlier bet.
Daily-needs access is a clear strength: grocery, park, and pharmacy density sits in the upper national percentiles, supporting walkable convenience that helps with retention and lease velocity. By contrast, cafes and childcare are thinner locally, suggesting residents lean on nearby districts for certain lifestyle services.
Renter concentration in the neighborhood is high, with roughly three-quarters of housing units renter-occupied (rank 46 of 527; very high nationally). That depth of rental households typically supports multifamily demand stability and a broader tenant base across unit types. Neighborhood occupancy is in the low‑90s and has trended higher over the past five years, reinforcing expectations for steady lease-up and renewal potential at the submarket level.
Within a 3-mile radius, population has expanded in recent years and households have grown at a faster clip, pointing to smaller household sizes and a larger pool of renters entering the market. Elevated ownership costs locally — reflected in high home values and a value-to-income ratio near the top of national comparisons — tend to sustain reliance on multifamily housing and can support pricing power while keeping an eye on retention.
Safety indicators should be evaluated with standard caution. Relative to the Austin metro, the neighborhood’s crime rank is 380 out of 527, which is below the metro median and signals that safety outcomes trail stronger in-city peers. Nationally, the area sits in lower percentiles for both property and violent offenses, so underwriting should incorporate prudent assumptions around security, insurance, and operating practices.
One constructive signal: estimated property offense rates show a recent year-over-year decline, suggesting some improvement in trend. Investors typically mitigate remaining risk with enhanced site lighting, access controls, and community engagement programs while monitoring changes at the neighborhood level rather than block-by-block readings.
- Whole Foods Market — grocery HQ & corporate (2.9 miles) — HQ
- Oracle Waterfront — technology offices (4.6 miles)
- Coca-Cola — beverage offices (5.0 miles)
- New York Life — insurance offices (5.1 miles)
- Airgas — industrial gases offices (5.6 miles)
This Austin Urban Core location offers a deep renter pool, supported by high neighborhood renter-occupied share and steady occupancy trends that have improved over the past five years. Elevated ownership costs in the area reinforce reliance on rentals, while strong access to groceries, parks, and pharmacies supports day-to-day livability and leasing performance. Within a 3-mile radius, recent population growth and a faster rise in households point to a larger tenant base and support for occupancy stability and renewals, according to CRE market data from WDSuite.
Risk management remains important: neighborhood safety sits below metro averages and operating results should be underwritten with appropriate expense and security assumptions. Overall, the combination of urban convenience, strong renter concentration, and healthy household growth trends underpins a durable long-term thesis for multifamily demand at this address.
- Deep renter base and steady neighborhood occupancy support leasing stability
- High-cost ownership market sustains multifamily demand and pricing power
- 3-mile growth in population and households expands the tenant pool
- Walkable access to groceries, parks, and pharmacies aids retention
- Risk: below-metro safety metrics warrant prudent security and expense planning