| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 37th | Fair |
| Demographics | 10th | Poor |
| Amenities | 52nd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 101 Trinity Ct, Palestine, TX, 75801, US |
| Region / Metro | Palestine |
| Year of Construction | 1996 |
| Units | 37 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
101 Trinity Ct Palestine Multifamily Investment
Neighborhood-level NOI per unit ranks among the stronger performers relative to peers, according to WDSuite’s CRE market data, signaling potential for stable income if operations are well-managed. Focused execution around tenant retention and leasing should align with steady renter demand in this Inner Suburb pocket.
This Inner Suburb neighborhood is competitive among Palestine metro neighborhoods (9 of 26; B+ rating), with everyday convenience supported by strong food access and park proximity. Restaurants rank at the top of the metro and test high nationally, while grocery and café density are also comparatively strong. Childcare and pharmacy options are thinner, which may modestly affect family-oriented renter appeal.
For investors, operating context is mixed but workable. The neighborhood’s median contract rent sits on the lower side for the metro, and rent-to-income trends point to some affordability pressure that warrants attentive lease management and renewal strategies. At the same time, NOI per unit performance sits in the top quartile nationally, indicating that well-run assets in this area can translate occupancy and expense control into durable cash flow.
Vintage matters here. With an average neighborhood construction year from the early 20th century, a 1996 asset stands newer than much of the local stock, supporting competitive positioning on unit quality and systems. Investors should still underwrite selective modernization and replacement planning to maintain an edge against older comparables.
Demographic signals are aggregated within a 3-mile radius and show population and household growth over the past five years, with further household expansion forecast. The renter-occupied share is roughly on par with ownership in the nearby area, supporting a meaningful tenant base; continued household growth suggests a larger renter pool over time, which can support occupancy stability and leasing velocity if pricing remains disciplined.
Neighborhood-level crime data suitable for a reliable comparison is not available in WDSuite for this specific area. Investors typically benchmark assets against city and county trend sources and review property-level security practices to contextualize risk. Where data is available across the metro, outcomes vary by block and corridor, so underwriting should emphasize on-site controls, lighting, and resident screening rather than broad regional assumptions.
Nearby employment centers in the Palestine area contribute to commute convenience and renter demand, but distance-qualified anchor employer records are not available in WDSuite for this address. Investors may supplement with local employer audits to quantify proximity-driven leasing support.
101 Trinity Ct offers a 1996-vintage, 37-unit footprint that is newer than much of the surrounding stock, positioning the property to compete on unit quality while leaving room for targeted upgrades. Neighborhood-level NOI per unit trends are robust and, according to CRE market data from WDSuite, compare favorably at a national level—an encouraging signal for income durability when paired with disciplined expense control and focused operations.
Within a 3-mile radius, population and households have expanded and are projected to continue growing, increasing the local renter pool and supporting leasing momentum. Amenity access is strong for daily living (restaurants, groceries, parks), while thinner childcare and pharmacy options and lower neighborhood occupancy benchmarks argue for conservative lease-up and renewal assumptions. Overall, the market context supports steady demand for well-maintained workforce housing with pragmatic asset management.
- Newer 1996 vintage versus older neighborhood stock supports competitive positioning and lighter near-term capex
- Strong neighborhood-level NOI per unit performance indicates potential for stable cash flow with disciplined operations
- 3-mile radius growth in population and households expands the tenant base and supports occupancy stability
- Everyday convenience via restaurants, groceries, and parks can aid retention and leasing velocity
- Risk: Lower neighborhood occupancy benchmarks and thinner childcare/pharmacy access warrant conservative underwriting and active lease management