| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 72nd | Good |
| Demographics | 75th | Good |
| Amenities | 65th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 310 Chisholm Trail Rd, Round Rock, TX, 78681, US |
| Region / Metro | Round Rock |
| Year of Construction | 2007 |
| Units | 117 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
310 Chisholm Trail Rd Round Rock Multifamily Investment
Neighborhood occupancy is at the top of the Austin–Round Rock–Georgetown metro, supporting stable leasing dynamics for nearby assets, according to WDSuite’s CRE market data. Strong household incomes and proximity to major employers underpin renter demand in this suburban Round Rock location.
This suburban Round Rock location offers daily-life convenience with steady access to groceries, parks, pharmacies, and childcare. Amenity depth ranks competitively in the metro (115th among 527 neighborhoods), while cafes are lighter relative to urban cores. Average public school ratings are strong for families and workforce renters, sitting in the top quartile nationally (average 4.0 out of 5).
The neighborhood s apartment stock trends older than this asset (average construction year 1994). Built in 2007, the property is newer than much of the surrounding inventory, which can support competitive positioning versus older comparables; investors should still plan for mid-life system upgrades and targeted renovations.
Within a 3-mile radius, demographics point to a growing, higher-income renter base: population and households have expanded over the past five years, with additional increases projected, indicating a larger tenant pool ahead. Median household income is high relative to many U.S. neighborhoods, and the renter-occupied share around 49% signals depth for multifamily demand and supports occupancy stability.
Home values in the neighborhood are elevated versus national norms, which tends to sustain reliance on multifamily options for flexibility and location access. Median contract rents within 3 miles have trended upward and are forecast to rise further, reinforcing the case for professional lease management and renewal strategies rather than aggressive near-term rent pushes.
Safety indicators compare favorably at the national level, with this neighborhood sitting above the U.S. median (59th percentile), while metro positioning is mixed relative to nearby Austin–Round Rock–Georgetown neighborhoods. Recent data shows meaningful year-over-year declines in both violent and property offense estimates, according to WDSuite s CRE market data, which supports a cautiously positive view on trend direction.
As always, investors should evaluate submarket and micro-location patterns over time rather than relying on a single reading, and incorporate on-the-ground diligence for block-by-block dynamics and property-level security considerations.
Proximity to major corporate employers supports leasing durability and commuter convenience for a broad workforce renter base. Nearby demand drivers include Dell Technologies, Arconic, Adobe, Raymond James, and Airgas.
- Dell Technologies corporate offices (1.9 miles) HQ
- Arconic corporate offices (5.6 miles) HQ
- Adobe corporate offices (7.8 miles)
- Raymond James corporate offices (8.8 miles)
- Airgas corporate offices (8.9 miles)
The 117-unit, 2007-vintage property benefits from neighborhood fundamentals that favor stable occupancy and steady leasing: neighborhood occupancy measures at the top of the metro, nearby schools are well-rated nationally, and the surrounding inventory skews older, supporting relative competitiveness. Within a 3-mile radius, population and household growth, rising incomes, and a sizable renter base point to a larger tenant pool and sustained demand for quality rentals. According to CRE market data from WDSuite, ownership costs are elevated versus national norms, which tends to reinforce renter reliance on professionally managed multifamily housing.
For operations, proximity to major employers broadens the demand catchment while upward rent trends suggest room for disciplined revenue management. Given the asset s mid-2000s vintage, investors should plan for targeted capital to refresh interiors and address mid-life systems, positioning the property to compete effectively against both new deliveries and older stock.
- Neighborhood occupancy sits at the top of the metro, supporting leasing stability.
- 2007 vintage offers competitive positioning versus older local stock with manageable value-add scope.
- 3-mile demographics show growing households and high incomes, expanding the renter pool.
- Corporate employment nearby (e.g., Dell, Adobe) supports tenant demand and retention.
- Risks: competition from accessible ownership options in parts of the metro and the need for mid-life capex; maintain conservative underwriting and renewal strategies.