| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 68th | Fair |
| Demographics | 70th | Good |
| Amenities | 46th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1101 Sam Bass Cir, Round Rock, TX, 78681, US |
| Region / Metro | Round Rock |
| Year of Construction | 1983 |
| Units | 112 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1101 Sam Bass Cir Round Rock Value-Add Multifamily
Neighborhood occupancy runs above the national median and proximity to major employers supports steady renter demand, according to WDSuite’s CRE market data. A 1983 vintage points to operational upside through targeted renovations and modernization.
Situated in Round Rock within the Austin–Round Rock–Georgetown metro, the property sits in an A- rated suburban neighborhood where rent levels and incomes trend above national medians, according to WDSuite. Neighborhood occupancy is above the national median, which supports leasing stability for multifamily assets. With a median rent level in the upper tier nationally, owners should monitor affordability pressure while leveraging resident incomes that also skew high for the region.
Local amenities are competitive among the 527 metro neighborhoods, with dining, groceries, and cafes comparing favorably, and school ratings in the top quartile nationally. These fundamentals typically help with resident retention and broaden the appeal to working households. Notably, park and pharmacy density are limited in this micro-area, which may modestly affect convenience expectations and should be weighed in marketing and amenity strategy.
The asset’s 1983 construction is older than the neighborhood’s average vintage (1997), suggesting potential for value-add through interiors, common-area updates, and systems upgrades. This age profile can enhance relative competitiveness versus newer stock when capex is deployed intentionally and paired with disciplined lease management.
Tenure patterns indicate a lower renter concentration within the immediate neighborhood (about one-fifth of housing units are renter-occupied), while demographics aggregated within a 3-mile radius show a larger renter base at roughly 46.5%. Together, this points to a deeper regional tenant pool than the immediate block suggests, which can support occupancy and broaden the leasing funnel.
Within a 3-mile radius, recent population growth has been modest while household counts increased, and projections indicate further household growth alongside smaller average household sizes. This typically expands the renter pool and supports demand for rental units even if population trends level off. Elevated home values in the vicinity reinforce renter reliance on multifamily housing, which can aid lease retention and pricing power when operators maintain a balanced affordability profile.
Safety trends should be considered in context. The neighborhood’s overall crime positioning sits near the national middle but is competitive among the 527 Austin–Round Rock–Georgetown neighborhoods. According to WDSuite, estimated property and violent offense rates have improved year over year, with notable declines that indicate a favorable recent trend rather than a guarantee.
Investors should track ongoing trends and property-level measures that support resident comfort, such as lighting, controlled access, and coordination with local patrols, recognizing that conditions can vary block to block and over time.
Nearby corporate offices anchor a broad employment base that supports renter demand and commute convenience for workforce and professional households, including technology, aerospace, financial services, and insurance employers listed below.
- Dell Technologies — technology HQ (2.4 miles) — HQ
- Arconic — aerospace & metals (6.1 miles) — HQ
- Adobe — software (8.2 miles)
- Raymond James — financial services (8.3 miles)
- Farmers Insurance - Doug Gaul — insurance (9.1 miles)
This 112-unit, 1983-vintage asset in Round Rock offers a clear value-add path in a suburban submarket where neighborhood occupancy is above the national median and incomes are strong. Rents benchmark in the upper national tiers while the rent-to-income picture remains manageable, supporting retention when paired with disciplined renewal strategy. Household growth within a 3-mile radius and smaller projected household sizes point to a larger tenant base over time, which generally supports occupancy stability.
According to CRE market data from WDSuite, local amenities and schools are competitive to strong for the metro, and employment depth is reinforced by nearby technology and services employers. Given its older vintage relative to neighborhood stock, targeted renovations and system upgrades can reposition the property against newer assets, while careful attention to pricing and affordability can sustain leasing velocity.
- Occupancy above the national median supports leasing stability in a high-income suburban neighborhood.
- 1983 vintage creates value-add potential via unit upgrades, common-area refreshes, and system improvements.
- Amenity access and strong school ratings enhance resident retention and broaden appeal to professional households.
- Employment anchors nearby (technology, aerospace, finance, insurance) deepen the renter pool and support demand.
- Risks: older building systems require capex planning; limited park/pharmacy density and an owner-leaning micro-area may temper immediate walk-up demand.