| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 37th | Fair |
| Demographics | 22nd | Poor |
| Amenities | 50th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 103 Shady Bend Dr, Lufkin, TX, 75901, US |
| Region / Metro | Lufkin |
| Year of Construction | 1981 |
| Units | 45 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
103 Shady Bend Dr Lufkin Multifamily Investment
Neighborhood-level data indicates steady renter demand and manageable affordability in Lufkin, according to WDSuite’s CRE market data, supporting a pragmatic case for occupancy stability at the submarket level. Metrics cited below reflect the neighborhood rather than the property and point to a renter base that can underpin leasing consistency.
Positioned in a suburban pocket of Lufkin, the property benefits from neighborhood fundamentals that skew toward stable workforce housing. Neighborhood occupancy sits near the metro middle of the pack (22 of 41 Lufkin, TX neighborhoods), suggesting leasing conditions that are neither overheated nor soft, while renter-occupied units account for a meaningful share of housing stock (ranked 12 of 41), indicating a solid tenant base for multifamily operators.
Local amenity access is mixed. Grocery and pharmacy access are competitive among Lufkin, TX neighborhoods (ranks 10 and 2 of 41, respectively), with parks also competitive locally (rank 3 of 41) and in the top quartile nationally by park access. Café density is limited (rank 41 of 41), so day-to-day convenience favors essentials over specialty options. These dynamics typically align with workforce-oriented renter profiles and steady, utility-driven demand.
Rents are modest versus national norms (neighborhood median contract rent trails national medians), and the neighborhood rent-to-income ratio sits in the teens, which can support retention and reduce turnover risk for well-managed assets. Home values are lower relative to national benchmarks, meaning ownership is more accessible than in high-cost markets; for investors, this can introduce some competition with entry-level ownership, but it also tends to anchor a value-seeking renter segment and support lease stability.
The 1981 vintage is slightly newer than the area’s average construction year (1975). That positioning can offer a competitive edge versus older stock, though investors should plan for aging systems, targeted modernization, and value-add renovations to reinforce leasing and optimize rents.
Demographic statistics aggregated within a 3-mile radius show recent population softness over the past five years but WDSuite’s projections point to population growth and a notable increase in households over the next five years, implying a larger tenant base and renter pool expansion. Average household size is expected to trend lower, which can support sustained demand for rental units even if total population gains are moderate.
School ratings in the neighborhood score below national averages, which can influence family renter mix and marketing strategy. Even so, essentials-oriented amenities, competitive park access, and a meaningful renter concentration provide a practical foundation for occupancy and lease retention.
Neighborhood-specific crime data for this area is not available in WDSuite for the current period. Investors typically benchmark safety perceptions using city and county trend reviews, property-level incident history, and professional management feedback. Comparative due diligence at the neighborhood scale—alongside daytime/nighttime site visits—can clarify resident sentiment and any implications for leasing or insurance.
This 45-unit, 1981-vintage asset aligns with a workforce-oriented pocket of Lufkin where renter-occupied housing is meaningful and neighborhood occupancy trends are around the metro median—conditions that can support predictable leasing. According to CRE market data from WDSuite, modest neighborhood rents relative to national norms and a rent-to-income profile in the teens point to manageable affordability, aiding retention. The property’s slightly newer-than-area-average vintage provides a platform for targeted value-add to enhance competitiveness versus older local stock.
Looking ahead, demographic statistics aggregated within a 3-mile radius indicate a projected increase in households, signaling renter pool expansion and support for occupancy stability. While accessible ownership options can create some competition and school quality trails national benchmarks, the combination of essential amenity access, steady renter concentration, and value-oriented positioning presents a straightforward, operations-focused investment thesis.
- Neighborhood occupancy near the metro middle supports stable, operations-driven performance potential.
- Renter-occupied housing share indicates depth of tenant base and steady multifamily demand.
- Modest neighborhood rents and rent-to-income in the teens support retention and lease management.
- 1981 vintage enables targeted value-add and system upgrades to sharpen competitive positioning.
- Risks: accessible ownership may compete with rentals; below-average school ratings; limited café amenities.