| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 78th | Best |
| Demographics | 83rd | Best |
| Amenities | 79th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5317 William Holland Ave, Austin, TX, 78756, US |
| Region / Metro | Austin |
| Year of Construction | 1972 |
| Units | 40 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
5317 William Holland Ave Austin Multifamily Investment
Positioned in an A+ Urban Core pocket of Austin, the asset benefits from strong neighborhood occupancy and deep renter demand, according to WDSuite’s CRE market data. Stability in the local renter base and sustained rent levels support predictable operations for a 40-unit property.
This Urban Core neighborhood ranks 16 out of 527 metro neighborhoods, placing it among the top quartile locally with an A+ rating. Amenities are a clear strength, with dense restaurant, cafe, grocery, and pharmacy options that help drive renter convenience and retention. Average school ratings around 4.0 are also above many areas nationally, supporting broader livability for a diverse tenant mix.
Multifamily fundamentals are favorable: neighborhood occupancy is about 96.6% and has improved over the past five years, indicating resilient demand. The share of housing units that are renter-occupied is high at roughly 76.9%, signaling a large tenant base and potential for stable leasing across cycles.
Within a 3-mile radius, demographics show population growth in recent years alongside a notable increase in households and smaller average household sizes. These shifts point to a larger renter pool and continued demand for professionally managed apartments, particularly formats that serve singles and couples. Median contract rents in the area have risen over the past five years, while rent-to-income levels remain manageable for many segments, which can support occupancy stability and disciplined pricing.
Home values in the neighborhood are elevated relative to national norms, which tends to sustain reliance on rental housing and underpins lease retention for well-located assets. Relative to the metro, this location is competitive for amenities and access to employment nodes, factors that matter for both day-to-day convenience and long-term renter stickiness.
Safety metrics for this neighborhood trend below national averages, with ranks in the lower half among 527 Austin metro neighborhoods. That said, recent year-over-year readings indicate modest improvement in both property and violent offense categories, suggesting some directional progress.
For investors, the takeaway is risk management rather than avoidance: emphasize professional onsite operations, lighting, and coordination with local resources. Framed against the broader Austin-Round Rock-Georgetown metro, this area is not a top performer on safety but shows signs of incremental improvement over the last year.
Proximity to established employers supports workforce housing demand and commute convenience for tenants, with a cluster of corporate offices within six miles including Coca-Cola, Whole Foods Market, New York Life, Airgas, Adobe, and Oracle Waterfront.
- Coca-Cola — corporate offices (3.8 miles)
- Whole Foods Market — corporate offices (3.9 miles) — HQ
- New York Life — insurance (4.1 miles)
- Airgas — industrial gases & supplies (4.8 miles)
- Adobe — software (5.2 miles)
- Oracle Waterfront — corporate offices (5.8 miles)
This 40-unit, 1972-vintage asset sits in one of Austin’s stronger Urban Core neighborhoods, where renter-occupied housing share is high and neighborhood occupancy hovers in the mid‑90s. Elevated home values in the immediate area reinforce reliance on multifamily, supporting steady tenant demand and potential lease retention. Based on CRE market data from WDSuite, the neighborhood’s amenity density and A+ local rank position the property competitively versus many metro peers.
The 1972 vintage suggests near- to medium-term capital planning and value-add opportunities, particularly for unit interiors and building systems, to maintain competitiveness against 1980s-and-newer stock nearby. Within a 3‑mile radius, recent population growth, a larger household count, and smaller household sizes point to a growing renter pool that can support occupancy stability. Risks to underwrite include below-average safety metrics and limited park access, which place a premium on operations, curb appeal, and resident experience.
- A+ Urban Core location with strong amenity access and high neighborhood occupancy
- High renter-occupied share indicates depth of tenant base and leasing durability
- 1972 vintage provides value-add potential with targeted capex and modernization
- Elevated ownership costs locally support sustained rental demand and lease retention
- Risks: below-average safety metrics and scarce park access require strong onsite management