| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 44th | Best |
| Demographics | 24th | Poor |
| Amenities | 48th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 336 N Pecan St, Nash, TX, 75569, US |
| Region / Metro | Nash |
| Year of Construction | 2010 |
| Units | 66 |
| Transaction Date | 2021-06-29 |
| Transaction Price | $11,750,000 |
| Buyer | 3M & A DEVELOPMENT I LLC |
| Seller | PECAN HAVEN LLC |
336 N Pecan St, Nash TX Multifamily Investment
Positioned in an inner-suburb corridor with steady renter demand, this 66-unit asset benefits from a strong neighborhood rating and newer construction, according to WDSuite’s CRE market data.
The property sits in an Inner Suburb neighborhood of the Texarkana metro that carries an A- neighborhood rating and ranks 16 out of 76 locally, signaling competitive positioning among area peers. Amenity access is practical for a workforce renter base, with relatively dense grocery and dining options nearby, though park access is limited. Public schools average on the lower side, which may influence household mix and leasing strategies.
Neighborhood occupancy trends are below national norms, while the share of renter-occupied housing units is elevated (near half of units), indicating a broad tenant base and consistent leasing activity for multifamily operators. Contract rents in the neighborhood track at workforce levels and, with a modest rent-to-income profile, support manageable retention and lease management.
Within a 3-mile radius, recent data shows slight population contraction alongside an increase in households and smaller average household sizes. For investors, that combination typically expands the renter pool and supports occupancy stability as more households seek flexible housing options. Looking ahead, projections point to further household growth by 2028, which can underpin steady demand and measured rent growth over time based on commercial real estate analysis from WDSuite.
Ownership costs in the immediate area are comparatively accessible relative to many U.S. markets, which can temper pricing power in some segments. However, competitive renter concentration and sustained household formation in the area provide depth for workforce-oriented product, particularly for well-maintained assets that can differentiate on finishes, management quality, and convenience.
Safety indicators benchmark favorably at the national level, with the neighborhood landing in the top quartile nationwide on composite measures. According to WDSuite’s CRE market data, both violent and property offense rates have posted sharp year-over-year declines, reinforcing an improving trend line that supports renter retention and longer tenancy.
At the metro scale, readings can vary by sub-area, so investors should continue to monitor localized reports and maintain standard operational practices (lighting, access control, resident engagement). The combination of nationally strong standing and recent improvement provides a constructive backdrop for multifamily operations.
Commuting sheds around Nash and the greater Texarkana area draw from diversified services, healthcare, logistics, and public-sector roles, which supports a steady base of workforce renters across shift and office schedules.
Built in 2010, the property is newer than much of the surrounding stock and should remain competitive versus older assets, while still warranting selective updates over the hold to sustain positioning. Renter concentration in the neighborhood is elevated and household counts within 3 miles are rising even as average household size falls—factors that generally enlarge the tenant base and support occupancy stability. According to CRE market data from WDSuite, local rents align with workforce affordability, which can aid lease retention and steady collections.
Key watch items include below-national neighborhood occupancy, lower average school ratings, and proximity to more accessible ownership options that can cap pricing power in certain unit tiers. Execution emphasizing operational quality, convenience, and targeted value-add can help capture demand from a broad renter pool while balancing these risks.
- 2010 vintage offers competitive positioning versus older neighborhood stock with selective modernization potential
- Elevated renter-occupied share and growing household counts within 3 miles support tenant base depth
- Workforce-level rents and manageable rent-to-income profile aid retention and stable collections
- Nationally strong and improving safety trends reinforce leasing durability
- Risks: below-national neighborhood occupancy, lower-rated schools, and competition from accessible ownership may moderate pricing power