| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 69th | Fair |
| Demographics | 43rd | Poor |
| Amenities | 57th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 8600 Research Blvd, Austin, TX, 78758, US |
| Region / Metro | Austin |
| Year of Construction | 1972 |
| Units | 40 |
| Transaction Date | 2006-02-08 |
| Transaction Price | $2,156,300 |
| Buyer | DORAKVANDI ROSHANAK |
| Seller | WELLS FARGO BANK NA |
8600 Research Blvd Austin Multifamily Investment
Neighborhood occupancy and renter demand appear resilient relative to national benchmarks, according to WDSuite’s CRE market data, with pricing influenced by a high-cost ownership landscape that supports sustained apartment reliance.
Located in Austin’s Inner Suburb fabric, the neighborhood scores a B overall and ranks 251 out of 527 metro neighborhoods, indicating competitive positioning among Austin options without being top tier. For renters, day-to-day convenience is supported by strong dining access (restaurant density sits in the top quartile nationally) and park availability that also rates in the top quartile nationwide, while grocery access trends above average. Café and pharmacy density are thinner locally, which may slightly temper lifestyle appeal for some residents.
From a housing performance standpoint, the area’s occupancy trends are solid compared with national norms, and median contract rents benchmark in the upper third nationally. The share of housing units that are renter-occupied within the neighborhood skews higher than most U.S. areas, pointing to a deeper tenant base and generally steadier leasing velocity for multifamily assets.
Within a 3-mile radius, demographics show modest population growth alongside a larger increase in households, reflecting smaller household sizes and a gradual renter pool expansion. This combination typically supports occupancy stability and diversified demand across unit types. Median home values rate well above national benchmarks, and the value-to-income ratio sits in the top decile nationally—conditions that tend to reinforce reliance on rental housing and support pricing power. At the same time, rent-to-income levels trend manageable by national comparison, which can aid retention and reduce turnover risk.
School performance signals in the immediate area trail national benchmarks. For multifamily investors, school quality is typically a secondary driver versus employment access and rents, but it can influence resident mix and longer-term retention for select unit types.
Safety indicators are mixed and warrant standard underwriting diligence. The neighborhood’s crime profile ranks 383 out of 527 Austin metro neighborhoods, indicating weaker conditions than many parts of the metro. Nationally, both violent and property offense measures sit in lower safety percentiles; however, property offense trends have improved year over year, suggesting some easing in incident rates. Investors should underwrite security practices and lighting, and evaluate recent trendlines at the submarket level rather than relying on block-level impressions.
The surrounding employment base includes corporate offices in beverages, industrial gases, software, insurance, and grocery retail. Proximity to these employers supports commute convenience and helps sustain renter demand and retention for workforce-oriented units.
- Coca-Cola — beverage corporate offices (1.5 miles)
- Airgas — industrial gases corporate offices (2.3 miles)
- Adobe — software corporate offices (2.7 miles)
- New York Life — insurance corporate offices (4.9 miles)
- Whole Foods Market — grocery corporate offices (6.6 miles) — HQ
This Austin Inner Suburb location benefits from steady neighborhood occupancy, a renter-leaning housing mix, and a household base that is growing within a 3-mile radius even as average household size trends smaller. Elevated ownership costs relative to income support continued reliance on multifamily housing, while restaurant, park, and grocery access bolster day-to-day livability and leasing appeal. According to CRE market data from WDSuite, median rents trend in the upper tier nationally for comparable neighborhoods, aligning with the area’s high-cost ownership environment and supporting revenue durability when managed against affordability pressure.
Nearby corporate offices across software, insurance, and consumer sectors provide a diversified employment backdrop that helps sustain demand for workforce and market-rate units. Key underwriting considerations include local safety metrics that trail metro averages; investors should emphasize property-level security, lighting, and resident engagement to support retention.
- Renter-leaning housing landscape supports a deeper tenant base and occupancy stability
- High home values and strong value-to-income ratios reinforce rental demand and pricing power
- 3-mile household growth and smaller household sizes expand the renter pool over time
- Proximity to diverse employers supports leasing and reduces commute-related turnover risk
- Risk: Safety indicators lag many Austin neighborhoods; underwrite security and trendlines