| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 35th | Poor |
| Demographics | 16th | Poor |
| Amenities | 21st | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4506 Ellen Trout Dr, Lufkin, TX, 75904, US |
| Region / Metro | Lufkin |
| Year of Construction | 2007 |
| Units | 49 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
4506 Ellen Trout Dr, Lufkin TX Multifamily Investment
2007 vintage with strong renter concentration nearby points to steady tenant demand, according to WDSuite’s CRE market data, while pricing remains anchored by a high-cost ownership gap for many households in the metro context.
Situated in an Inner Suburb pocket of Lufkin, the property benefits from a renter-occupied housing concentration in the neighborhood (above metro norms), which supports a deeper tenant base and more consistent leasing. Neighborhood occupancy is closer to the lower half of metro peers (ranked 28 among 41 neighborhoods), suggesting investors should underwrite to moderate lease-up velocity and focus on retention.
Grocery and park access are relative strengths locally (each competitive among Lufkin neighborhoods, both ranked 6 out of 41), while cafes, restaurants, and pharmacies are sparse—an operating consideration for marketing and amenity programming. The neighborhood’s overall rating is C, indicating middle-of-the-pack fundamentals within the metro.
The 2007 construction year is newer than the neighborhood’s average 1995 vintage, positioning the asset competitively versus older stock. Investors can still plan for mid-life system updates and selective renovations to sharpen positioning against comparable Class B product.
Within a 3-mile radius, population has been broadly stable with a slight increase over the last five years, households have inched higher, and forecasts point to more households even as average household size trends lower—conditions that can expand the renter pool and support occupancy stability. Median contract rents in the area have risen over the last cycle from a low base, and neighborhood rent-to-income remains manageable, which favors retention while limiting near-term pricing power.
Home values in the neighborhood are lower than many national peers, which can introduce some competition from ownership for higher-earning households; however, the elevated share of renter-occupied units locally helps sustain multifamily demand. These dynamics, based on commercial real estate analysis from WDSuite, suggest a practical value proposition oriented around affordability and durable occupancy rather than outsized rent growth.
Safety indicators are mixed and should be underwritten with care. Within the Lufkin metro, the neighborhood’s crime rank is toward the higher-incident side (ranked 3 among 41 neighborhoods), yet nationally it compares better than average (around the 64th percentile versus neighborhoods nationwide). This means local relative risk is higher than nearby areas, but the broader national context is closer to mid-to-better tier.
Recent trends diverge by category: estimated property offenses show a year-over-year decline, while violent offense estimates increased over the same period. Investors may consider standard security measures and lighting, resident screening, and partnership with local patrols as part of the operating playbook, while monitoring trend direction rather than relying on any single-year reading.
This 49-unit, 2007-built asset offers a defensive renter-demand profile in a neighborhood with a high share of renter-occupied housing and grocery/park access that is competitive within the Lufkin metro. According to CRE market data from WDSuite, neighborhood occupancy sits below the metro median but has been generally stable, and area rents have risen from a low base—favoring retention and steady cash flow over outsized growth assumptions.
Three-mile demographics point to steady population, a gradual rise in households, and a forecast shift toward smaller household sizes, all supportive of a larger tenant base over time. The newer vintage relative to the neighborhood average can reduce immediate capital exposure versus older comparables, while selective upgrades and mid-life system planning can unlock value-add potential. Key underwriting considerations include modest amenity density and mixed safety signals relative to the metro.
- 2007 vintage out-positions older local stock with targeted value-add potential
- High renter-occupied share nearby supports demand depth and leasing stability
- Three-mile area shows steady households and a trend toward smaller sizes, expanding the renter pool
- Affordability profile supports retention; underwrite moderated rent growth from a low base
- Risks: below-median neighborhood occupancy, limited amenity density, and mixed safety trends vs. metro