| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 47th | Good |
| Demographics | 45th | Good |
| Amenities | 33rd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1514 Copeland St, Lufkin, TX, 75904, US |
| Region / Metro | Lufkin |
| Year of Construction | 1979 |
| Units | 52 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1514 Copeland St, Lufkin TX Multifamily Investment
Positioned in an inner-suburb pocket of Lufkin with a renter base near two-fifths of local housing, the asset offers value-add potential and steady workforce demand, according to WDSuite’s CRE market data.
Neighborhood fundamentals indicate competitive positioning within the Lufkin metro: the area is ranked 5th among 41 neighborhoods (top quartile among 41) on WDSuite’s composite score, while renter-occupied share is about two-fifths of units (ranked 9th of 41; high compared with many neighborhoods nationwide). That renter concentration supports depth of tenant demand for a 52‑unit asset.
Occupancy in the surrounding neighborhood trends below the metro median (ranked 25th of 41), suggesting lease-up and renewal strategies matter for stability. Median contract rents in the neighborhood sit near the regional middle, and the rent-to-income ratio around 0.15 indicates manageable affordability pressure that can aid retention and reduce turnover risk for multifamily operators.
Livability is mixed. Cafes and grocery options are competitive among Lufkin neighborhoods (both ranking inside the top 7 of 41), but park and pharmacy access are limited locally. The average school rating is low for the neighborhood, which may modestly influence family-oriented demand; investors should underwrite accordingly rather than assume broad premium positioning.
Vintage matters: the property was built in 1979, while the neighborhood’s average construction year trends newer (early 1990s). That age gap implies capital planning needs for systems and interiors, but also creates value-add and repositioning upside relative to newer stock with higher in-place standards.
Demographics within a 3‑mile radius show a slight population dip over the last five years alongside growth in household counts, pointing to smaller household sizes and a broader base of renting households. Forward-looking estimates in WDSuite point to growth in both population and households through 2028, which should expand the local renter pool and support occupancy stability for well-managed assets.
Ownership costs are moderate in context (home values near national mid-range and a value-to-income ratio around 3.2). This creates some competition from entry-level ownership, but it also supports leasing resilience, as multifamily remains a more accessible option for many households compared with single-family purchase in the immediate area.
Neighborhood-level crime data are not available in WDSuite for this location, so specific safety comparisons to other Lufkin neighborhoods or national percentiles cannot be made here. Investors should review city and county trend reports and property-level incident histories to contextualize risk and align insurance, security measures, and underwriting assumptions.
Nearby employment draws are relevant to renter demand, but qualified employer distance data are not available in WDSuite for this address. Investors may reference Lufkin’s healthcare, manufacturing, and retail employment clusters when assessing commute convenience and retention.
The combination of a competitive neighborhood rank (top quartile among 41 Lufkin neighborhoods), a sizable renter-occupied base, and manageable rent-to-income metrics points to steady tenant depth with room to enhance performance via active management. Built in 1979, the asset is older than nearby stock on average, creating clear value‑add potential through systems upgrades and interior modernization that can improve leasing velocity and retention.
Looking ahead, 3‑mile demographics signal expansion in both households and incomes through 2028, supporting a larger tenant base and potential pricing power. According to CRE market data from WDSuite, neighborhood occupancy trails the metro median today, so underwriting should emphasize operational execution and capex planning to capture upside while managing near-term stabilization risk.
- Top-quartile neighborhood positioning among 41 Lufkin areas supports leasing fundamentals
- 1979 vintage offers value-add opportunity via renovations and system upgrades
- 3‑mile household growth outlook expands the local renter pool and demand stability
- Rent-to-income near mid-range aids retention and reduces turnover sensitivity
- Risk: neighborhood occupancy below metro median; school quality and limited parks/pharmacies may temper premiums