| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 56th | Poor |
| Demographics | 47th | Poor |
| Amenities | 53rd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2700 Sunny Ln, Taylor, TX, 76574, US |
| Region / Metro | Taylor |
| Year of Construction | 1984 |
| Units | 24 |
| Transaction Date | 2013-10-23 |
| Transaction Price | $875,000 |
| Buyer | DV SUNNY LN MFAP LLC |
| Seller | OLLE PROPERTIES LLC |
2700 Sunny Ln, Taylor TX — Stable Workforce Multifamily with Value‑Add Upside
Neighborhood occupancy is solid and renter demand is supported by growing households, according to WDSuite’s CRE market data. A 1984 vintage positions this 24‑unit asset for operational tuning and targeted renovations to capture durable, needs‑based tenancy.
Located in Taylor within the Austin–Round Rock–Georgetown metro, the neighborhood is rated C+ and functions as an Inner Suburb with steady renter demand. Neighborhood occupancy is around the national upper-middle range (71st percentile), suggesting relatively firm lease-up and renewal potential compared with many U.S. neighborhoods, per WDSuite. Within a 3-mile radius, demographics indicate a diversified age mix and an increase in households, which typically expands the tenant base and supports occupancy stability even as average household size trends smaller.
Amenities skew toward daily-needs convenience rather than destination retail. Cafes and childcare availability rank in the top quartile among 527 metro neighborhoods, and pharmacies are also top quartile; grocery access is competitive among Austin-area neighborhoods. By contrast, parks and full-service restaurants rank at the bottom of the metro distribution, which may limit lifestyle appeal but can also align with workforce housing priorities focused on value and proximity to services.
Renter-occupied housing share in the immediate neighborhood is moderate, indicating a workable depth of tenant demand without overexposure. At the metro context, median contract rents sit around the mid-national range, and the rent-to-income profile (neighborhood-level) is relatively manageable. For investors, this points to balanced pricing power with attention to lease management and retention, rather than aggressive trade-out assumptions.
School ratings in the area trend below national norms (low national percentile), which can be a consideration for family-oriented leasing strategies. However, workforce orientation, commuting access to employment nodes, and above-median occupancy for the neighborhood collectively underpin stable day-to-day operations. The average neighborhood construction year is newer than this asset, reinforcing the case for selective renovations to remain competitive against more recent stock.
Comparable safety metrics at the neighborhood level are not available in WDSuite for this location. Investors typically reference city and county trends, then triangulate with property-level operating history (tenancy duration, after-hours incident logs) for a grounded view of risk.
Given limited neighborhood-specific data, a prudent approach is to benchmark against Austin–Round Rock–Georgetown metro norms and evaluate management practices (lighting, access control, and resident engagement) that can support tenant retention and day-to-day operations.
The employment base draws from financial services, technology, and industrial firms within commuting distance, supporting a steady workforce renter pool and lease retention. Nearby demand drivers include Farmers Insurance, Raymond James, Dell Technologies, Arconic, and Airgas.
- Farmers Insurance - Doug Gaul — insurance services (7.8 miles)
- Raymond James — financial services (15.4 miles)
- Dell Technologies — technology (16.5 miles) — HQ
- Arconic — industrial manufacturing offices (16.8 miles) — HQ
- Airgas — industrial gases (21.2 miles)
The property’s 1984 vintage creates clear value-add pathways relative to a neighborhood average that trends newer, allowing investors to target unit modernization, systems upgrades, and curb appeal to enhance competitiveness while maintaining a workforce price point. Neighborhood occupancy sits above many U.S. areas, and within a 3-mile radius households are expanding alongside income gains, reinforcing a larger tenant base and supporting occupancy stability and renewal prospects, based on commercial real estate analysis from WDSuite.
Operating strategy should emphasize retention and measured rent growth: neighborhood rent-to-income indicators suggest room for disciplined pricing, while home values and a sizable owner cohort imply some competition with ownership. Limited parks and restaurant density, along with lower school ratings, warrant positioning toward value- and commute-oriented renters. Overall, fundamentals point to steady cashflow potential with renovation-driven upside and manageable risk if capex is planned proactively.
- Occupancy above many U.S. neighborhoods supports leasing stability and renewals.
- 1984 vintage offers value-add levers via targeted interior and building systems upgrades.
- Expanding household counts within 3 miles indicate a growing renter pool and demand depth.
- Daily-needs amenities (grocery, pharmacy, childcare) are strong; position as practical workforce housing.
- Risks: lower school ratings, limited parks/dining, and ownership alternatives require disciplined pricing and resident retention focus.