| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 43rd | Good |
| Demographics | 23rd | Poor |
| Amenities | 60th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3301 Lotus Ln, Lufkin, TX, 75904, US |
| Region / Metro | Lufkin |
| Year of Construction | 1976 |
| Units | 101 |
| Transaction Date | 2016-11-09 |
| Transaction Price | $3,125,000 |
| Buyer | WBS PARTNERS LLC |
| Seller | ZOE REALTY INVESTMENT GROUP LLC |
3301 Lotus Ln Lufkin Multifamily Investment
Renter demand is supported by a solid neighborhood amenity mix and a meaningful share of renter-occupied units, according to WDSuite’s CRE market data, while occupancy has trended upward over the past five years. Investors should underwrite for steady leasing with attention to competitive positioning in the Lufkin submarket.
This Inner Suburb location in Lufkin offers practical livability drivers for workforce households. Neighborhood retail and services are accessible: pharmacy access is particularly strong (top quartile nationally), with groceries and restaurants also testing above national midpoints. While café density is limited locally, the area shows competitive childcare and park access, supporting day-to-day convenience for tenants.
Against the 41 neighborhoods in the Lufkin metro, amenity access is competitive among peers: pharmacy availability ranks near the very top, with groceries and restaurants also above the metro median. These factors can help sustain leasing interest even as renters comparison-shop across nearby submarkets.
Tenure dynamics point to a deep renter base: the neighborhood’s share of renter-occupied housing units is elevated relative to many Lufkin areas, indicating broader depth for multifamily leasing and renewal activity. At the same time, neighborhood occupancy has been on the softer side locally but has improved over the last five years, suggesting room for value creation through targeted operations, unit turns, and amenities.
Within a 3-mile radius, household counts have risen modestly while population has been roughly flat, implying smaller average household sizes and a gradual expansion of the renter pool. Forecasts in WDSuite indicate continued growth in households over the next five years, which can support occupancy stability and absorption for well-positioned assets.
Ownership costs in the neighborhood are relatively elevated compared with local incomes (value-to-income metrics sit above national midpoints), which tends to reinforce reliance on rental housing. Meanwhile, rent-to-income is nearer the national low side, which can support lease retention and measured pricing power, particularly for well-maintained units.
The property’s 1976 vintage is slightly older than the neighborhood average year of construction. Investors should plan for ongoing capital needs and may find value-add upside through interior upgrades, energy-efficiency improvements, and exterior refreshes to sharpen competitiveness against newer stock.
Neighborhood-level crime data for this area is not available in WDSuite for the current period, so investors typically benchmark safety using city and county trend sources and on-the-ground diligence. A practical approach is to compare recent trends to broader Lufkin and Angelina County patterns and assess property-level measures (lighting, access control, and visibility) as part of underwriting.
The investment case centers on durable renter demand supported by convenient neighborhood services, a sizable share of renter-occupied units, and projected household growth within a 3-mile radius. Based on CRE market data from WDSuite, neighborhood occupancy has strengthened over five years yet remains competitive, suggesting well-executed operations and targeted upgrades can capture further leasing stability.
With a 1976 vintage and 101 units, the asset suits a programmatic value-add plan focused on interiors and systems to improve positioning against newer properties. Ownership costs in the area skew relatively high versus incomes, reinforcing renter reliance on multifamily housing, while rent-to-income sits nearer national lows—favorable for retention and steady rent management. Key risks include softer neighborhood occupancy relative to stronger Lufkin pockets and the capital planning required for an older asset.
- Amenity access (pharmacy, grocery, restaurants) supports day-to-day convenience and leasing appeal.
- Elevated renter-occupied share indicates depth of tenant base for multifamily demand.
- Household growth within 3 miles points to a larger renter pool and occupancy stability.
- 1976 vintage presents value-add and systems modernization opportunities to improve competitiveness.
- Risk: neighborhood occupancy has been softer locally; success depends on execution and capital planning.