| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 59th | Poor |
| Demographics | 39th | Poor |
| Amenities | 92nd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1525 E Palm Valley Blvd, Round Rock, TX, 78664, US |
| Region / Metro | Round Rock |
| Year of Construction | 1985 |
| Units | 72 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1525 E Palm Valley Blvd Round Rock Multifamily
Investor positioning centers on a deep renter base and amenity-dense surroundings that support steady occupancy, according to WDSuite’s CRE market data. The neighborhood’s rent levels and ownership costs indicate durable demand for well-managed units.
Round Rock’s Inner Suburb setting delivers everyday convenience that supports leasing velocity. Amenity access ranks 3rd among 527 Austin–Round Rock–Georgetown neighborhoods and sits in the top quartile nationally, with strong restaurant, café, park, and pharmacy density. This concentration of services typically underpins resident retention and reduces friction during turns.
Neighborhood occupancy is above the national median and has trended higher over the last five years, based on CRE market data from WDSuite. The share of housing units that are renter-occupied is elevated (97th percentile nationally), signaling a deep tenant base and consistent multifamily demand. Median contract rents sit above national medians while rent-to-income remains manageable locally, supporting pricing power without overextending residents.
Within a 3-mile radius, household counts have increased while average household size edged lower, expanding the pool of potential renters. Forward-looking estimates point to additional household growth over the next five years, which generally supports occupancy stability and absorption for well-located assets.
The property’s 1985 vintage is newer than the neighborhood’s older housing stock. That positioning can enhance competitiveness versus nearby 1960s-era buildings, while still warranting targeted capital plans for systems modernization and value-add finishes to capture demand from renters seeking updated product.
Safety indicators for the neighborhood track below the national median, with both violent and property offense rates sitting in lower national percentiles. Recent year-over-year readings show declines in estimated offense rates, suggesting incremental improvement rather than a structural shift. Compared with the Austin–Round Rock–Georgetown metro, the area is roughly middle-of-the-pack, and owners should plan for standard lighting, access control, and community programming to support resident comfort.
Nearby corporate employment anchors help sustain renter demand and short commutes, led by technology and diversified corporate offices.
- Dell Technologies — technology (2.2 miles) — HQ
- Arconic — industrial & materials (5.5 miles) — HQ
- Farmers Insurance - Doug Gaul — insurance office (7.3 miles)
- Raymond James — financial services (8.4 miles)
- Adobe — software offices (8.7 miles)
This 72-unit, 1985-vintage asset sits in an amenity-rich Inner Suburb where renter concentration is high and neighborhood occupancy trends have improved, supporting income stability. The vintage is newer than much of the surrounding stock, creating a practical platform for targeted renovations that can widen the demand funnel without competing head-to-head with brand-new deliveries. Home values are elevated relative to local incomes, which tends to reinforce sustained reliance on multifamily housing and bolsters retention for well-run properties.
According to CRE market data from WDSuite, the area’s amenity density ranks among the best in the metro and household growth within a 3-mile radius is expected to continue, expanding the tenant base. Proximity to major employers further supports day-one leasing, while measured rent-to-income levels point to room for disciplined revenue management rather than aggressive pushes.
- High renter-occupied share and improving neighborhood occupancy support steady demand
- 1985 vintage offers value-add and systems modernization opportunities versus older local stock
- Amenity-dense location and nearby employers enhance retention and leasing velocity
- Ownership costs remain elevated locally, reinforcing reliance on multifamily housing
- Risks: school ratings lag national medians and safety metrics are below national median; plan for community enhancements and prudent underwriting