| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 56th | Best |
| Demographics | 44th | Good |
| Amenities | 51st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 100 Temple Blvd, Lufkin, TX, 75901, US |
| Region / Metro | Lufkin |
| Year of Construction | 1973 |
| Units | 88 |
| Transaction Date | 2010-12-15 |
| Transaction Price | $62,400 |
| Buyer | MILLER JONATHAN M |
| Seller | PATTERSON DARRELL |
100 Temple Blvd Lufkin Multifamily Value-Add Opportunity
High renter concentration in the surrounding neighborhood supports a deep tenant base and steady leasing potential, according to WDSuite’s CRE market data. Neighborhood occupancy trends are below the metro median, suggesting investors should underwrite conservative lease-up while targeting operational and renovation-driven uplift.
Situated in an inner-suburb pocket of Lufkin, the property benefits from a renter-leaning neighborhood profile. The share of renter-occupied housing is among the highest locally (ranked 1 out of 41 metro neighborhoods), placing the area in the top quartile nationally for renter concentration. For multifamily owners, this indicates depth in the tenant pool and supports ongoing demand, even as lease management remains important.
Everyday amenities are reasonably accessible for a smaller Texas metro: grocery access ranks 2 of 41 locally (86th percentile nationally), restaurants rank 3 of 41 (73rd percentile nationally), and cafés are competitive within the metro as well. Parks and pharmacies are limited within the immediate neighborhood, which may slightly reduce lifestyle convenience and should be weighed against the area’s strengths in daily needs retail.
Neighborhood occupancy is ranked 30 of 41 in the Lufkin metro, indicating below-median stabilization. Owners should plan for hands-on marketing and retention strategies, though the strong renter concentration provides a counterbalance. Median school ratings in the neighborhood are lower (ranked 8 of 41; 15th percentile nationally), which can influence demand from family renters; positioning toward workforce housing and value-driven offerings may be prudent.
The local housing stock skews newer than this asset (average neighborhood vintage 1992), while the subject was built in 1973. That age gap points to clear value-add and capital planning opportunities—modernizing interiors, exteriors, and building systems can improve competitive standing versus newer comparables. Within the metro, net operating income per unit ranks 2 of 41, signaling competitive performance locally even if the national percentile is lower; disciplined expense control and targeted upgrades can help defend pricing power.
Demographic statistics within a 3-mile radius show a slight population dip in recent years alongside a modest increase in households, implying smaller household sizes and a steady renter pool. Forward-looking data from WDSuite points to growth in households and incomes by 2028, which would expand the tenant base and support occupancy stability and measured rent growth if realized.
Ownership costs in the neighborhood are relatively elevated compared with incomes (value-to-income ratio ranked 2 of 41; 80th percentile nationally). This high-cost ownership market tends to sustain reliance on rentals, while the neighborhood’s rent-to-income levels are comparatively manageable, aiding retention and reducing turnover pressure for operators.
Neighborhood-level crime metrics for this area are not available in WDSuite’s dataset at this time. Investors should supplement market diligence with local public safety sources, property-level incident histories, and insurer guidance to benchmark risk and confirm any trend alignment with broader regional patterns.
This 1973, 88-unit community in Lufkin sits in a neighborhood with one of the metro’s highest renter concentrations, providing a broad tenant base and reinforcing demand for workforce-oriented product. While neighborhood occupancy ranks below the metro median, everyday retail access is strong for the market, and the asset’s older vintage creates clear value-add angles through modernization and operational execution.
According to CRE market data from WDSuite, the neighborhood competes well within the Lufkin metro on income performance metrics while trailing national benchmarks—an environment where disciplined expense control, targeted renovations, and careful leasing strategy can drive relative outperformance. Forward projections within a 3-mile radius indicate growth in households and incomes, supporting a larger renter pool and potential for steady absorption if forecasts materialize.
- High renter concentration (top quartile nationally) supports a deep tenant base and leasing stability.
- Value-add potential from 1973 vintage through unit/interior upgrades and systems modernization.
- Strong daily-needs retail access (groceries, restaurants) relative to Lufkin neighborhoods aids livability and retention.
- Household and income growth within 3 miles expands the future renter pool and supports absorption.
- Risks: below-metro-median neighborhood occupancy, limited parks/pharmacies, and weaker school ratings may require sharper leasing and amenity positioning.