| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 65th | Fair |
| Demographics | 72nd | Good |
| Amenities | 76th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 8801 McCann Dr, Austin, TX, 78757, US |
| Region / Metro | Austin |
| Year of Construction | 1973 |
| Units | 92 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
8801 McCann Dr Austin Multifamily Investment
Neighborhood occupancy remains firm and amenity access is strong, according to WDSuite’s CRE market data, supporting steady renter demand for this Austin location.
Situated in Austin’s Inner Suburb fabric, the neighborhood places in the top quartile among 527 metro neighborhoods (A rating). Dining, cafés, childcare, groceries, and pharmacies score above national medians, with especially dense restaurant and café options that bolster day-to-day convenience. Limited dedicated park space, however, means residents often rely on private/community amenities and nearby greenbelts.
At the neighborhood level, multifamily fundamentals point to demand stability: occupancy trends sit above national norms, and WDSuite’s commercial real estate analysis indicates competitive performance within the metro. The share of housing units that are renter-occupied reflects a balanced tenure mix, and, combined with amenity depth, supports leasing velocity across price points.
Demographic indicators aggregated within a 3-mile radius show recent population growth and a notable increase in household counts alongside smaller average household sizes. For investors, this expands the tenant base and can favor efficient floor plans and one-bedroom absorption, helping support occupancy stability and renewals.
Ownership costs in this submarket trend high for the metro. In practice, that environment sustains reliance on multifamily housing, which can aid tenant retention and measured pricing power when aligned with quality operations and unit finishes.
Safety metrics trend below national averages for comparable neighborhoods. Based on WDSuite’s data, the neighborhood ranks in the lower portion of the Austin metro on crime (out of 527 neighborhoods) and sits in low national percentiles, indicating comparatively higher reported property and violent offenses versus many U.S. neighborhoods. Recent readings also show upticks, so investors often underwrite for enhanced lighting, access control, and visibility, and align operations to support retention.
Proximity to a diverse employment base—including beverage, software, industrial gases, financial services, and engineered materials—supports renter demand and commute convenience. The nearest anchors include Coca-Cola, Adobe, Airgas, New York Life, and Arconic.
- Coca-Cola — beverage (0.55 miles)
- Adobe — software (1.99 miles)
- Airgas — industrial gases (2.60 miles)
- New York Life — financial services (4.38 miles)
- Arconic — engineered materials (6.71 miles) — HQ
This 92-unit asset benefits from an amenity-rich Austin submarket where neighborhood occupancy trends are strong and renter demand is reinforced by high ownership costs. Household growth within a 3-mile radius and smaller average household sizes expand the tenant base for efficient unit mixes, supporting leasing stability and renewals. According to CRE market data from WDSuite, the neighborhood’s occupancy and amenity access outperform national medians, positioning well-managed properties to compete on convenience and value.
Key considerations include below-average safety readings—suggesting prudent investment in security and visibility—and limited dedicated park space, elevating the importance of on-site amenities and connectivity to private/community green space. With thoughtful capital planning and professional management, the location fundamentals provide a durable backdrop for long-term operations.
- Top-quartile neighborhood standing among 527 Austin metro areas supports competitive positioning
- Strong neighborhood occupancy and a growing 3-mile household base support stable leasing
- Elevated ownership costs reinforce multifamily demand, aiding retention and pricing power
- Risk: below-average safety metrics warrant enhanced security and visibility planning