| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 75th | Good |
| Demographics | 71st | Good |
| Amenities | 74th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 9601 Dalewood Dr, Austin, TX, 78729, US |
| Region / Metro | Austin |
| Year of Construction | 1986 |
| Units | 50 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
9601 Dalewood Dr Austin Multifamily Opportunity
Neighborhood renter concentration and steady occupancy provide a deep tenant base, according to WDSuite’s CRE market data, supporting durable cash flow at the submarket level rather than at the property specifically.
Situated in Austin’s inner suburbs, the neighborhood ranks in the top quartile among 527 metro neighborhoods, reflecting balanced livability and income fundamentals that are favorable for multifamily demand. Neighborhood occupancy is stable and has edged up in recent years, indicating consistent leasing conditions rather than volatility.
Amenity access is a strength: cafes and restaurants are dense for the metro and land in the top quartile nationally, while groceries and parks are also strong relative to national benchmarks. Pharmacy access is limited locally, which may influence some resident preferences but does not materially offset the broader amenity depth.
Renter-occupied housing makes up a sizeable share of neighborhood units (near 60%), signaling a broad tenant pool and reinforcing demand stability for workforce and mid-market assets. Median contract rents and home values sit above national medians, and a high-cost ownership market (elevated value-to-income ratios) tends to sustain reliance on rental housing and support pricing power when managed carefully.
Within a 3-mile radius, population and household counts have grown meaningfully over the past five years, with household growth outpacing population growth as average household size eased. This dynamic typically expands the renter pool and supports occupancy stability and lease-up velocity for well-located properties.
The property’s 1986 vintage is older than the neighborhood’s average construction year, pointing to potential value-add and capital planning opportunities to enhance competitiveness versus newer stock, particularly in unit interiors and building systems.
Safety conditions in the surrounding neighborhood track near the metro median among 527 Austin-area neighborhoods and below the national median for safety. According to CRE market data from WDSuite, property offenses are trending downward year over year, which is a constructive sign, while violent crime compares weaker than national norms. For investors, this suggests underwriting that emphasizes resident experience, lighting and access control, and partnership with professional management to support retention.
Proximity to a diversified employment base supports renter demand and retention, with nearby roles spanning software, beverages, technology hardware, financial services, and industrial gases.
- Adobe — software (5.4 miles)
- Coca-Cola — beverages (6.3 miles)
- Dell Technologies — technology hardware (6.9 miles) — HQ
- New York Life — financial services (7.2 miles)
- Airgas — industrial gases (8.0 miles)
This 50-unit, 1986-vintage asset sits in an inner-suburban Austin neighborhood that performs in the top quartile locally, with stable neighborhood occupancy and a sizable renter-occupied share that supports depth of demand. Elevated home values relative to incomes in the area reinforce sustained reliance on rental housing, while nearby employment nodes broaden the tenant base and aid retention. According to CRE market data from WDSuite, neighborhood rents and amenities trend above national medians, aligning with steady leasing conditions.
The vintage creates clear value-add angles through interior modernization and targeted building system upgrades to stay competitive with newer product. Within a 3-mile radius, population and household growth, coupled with smaller average household sizes, point to a larger renter pool over time. Key underwriting considerations include resident experience given safety readings below national norms and thoughtful rent-setting to balance affordability pressure with occupancy stability.
- Inner-suburban Austin location with strong amenities and steady neighborhood occupancy
- Large renter-occupied share indicates durable tenant demand
- 1986 vintage offers value-add potential to compete with newer stock
- Nearby employers across tech, finance, and industrial support leasing and retention
- Risks: safety metrics below national median and affordability pressure require prudent management