| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 67th | Best |
| Demographics | 73rd | Best |
| Amenities | 54th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 9010 Holmes Ln, Texarkana, TX, 75503, US |
| Region / Metro | Texarkana |
| Year of Construction | 2013 |
| Units | 33 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
9010 Holmes Ln, Texarkana TX Multifamily Investment
Neighborhood occupancy is strong at 96.9% (neighborhood-level, not the property), suggesting stable leasing and retention according to CRE market data from WDSuite. Rents sit in a middle band for the area, indicating room to compete on operations rather than deep concessions.
This Inner Suburb neighborhood in Texarkana ranks 1st out of 76 metro neighborhoods overall (A+), pointing to balanced fundamentals and steady renter demand at the neighborhood level. Neighborhood occupancy is 96.9%, which is above many U.S. areas and supports a case for stable cash flow at comparable assets, per WDSuite’s CRE market data. Median neighborhood rents benchmark mid-range versus national peers, allowing investors to compete on service and management rather than price alone.
Livability inputs are mixed but practical for workforce households. Restaurant density scores above the national median, and childcare and pharmacy access trend above average nationally, while parks and cafes are less prevalent. Average school ratings track above the national median (about the 70th percentile), which can aid family-oriented retention without positioning the area as a premium school district.
Vintage relevance: the property was built in 2013, newer than the neighborhood’s average 2006 stock. This positioning typically improves competitiveness versus older assets while still warranting routine system updates and selective renovations to sustain rentability over a long hold.
Tenure and demand: the neighborhood’s renter-occupied share is 49.2% of housing units, indicating a meaningful renter base that supports leasing continuity. Within a 3-mile radius, WDSuite’s data shows modest population growth with a notable increase in households and declining average household size, which can expand the renter pool and support occupancy stability. Median household incomes in the 3-mile area have risen, reinforcing the capacity to sustain market-rate rents without overreliance on concessions.
Ownership context: neighborhood home values and the value-to-income profile land near national midpoints, while rent-to-income trends remain moderate. For multifamily investors, that balance suggests steady renter reliance on professionally managed housing, with some competition from ownership options but without the extreme price pressures seen in high-cost metros.
According to WDSuite’s neighborhood benchmarks, this area performs in the higher national percentiles for safety, landing roughly in the top quartile nationally compared to neighborhoods across the U.S. That positioning indicates comparatively lower crime exposure than many peer locations.
At the metro level (76 neighborhoods), the neighborhood is competitive among Texarkana sub-areas. Recent year-over-year data also indicates material declines in both property and violent offense rates, signaling an improving trend rather than a one-off fluctuation. As always, investors should underwrite insurance, lighting, access control, and local policing engagement in line with submarket norms.
Employment in the Texarkana area is diversified across healthcare, retail/services, and public sector roles, which generally supports renter demand through commute convenience and a broad workforce base.
The investment case centers on neighborhood stability, renter demand depth, and competitive positioning versus older product. The 2013 construction delivers a relative edge over the area’s 2006 average vintage, supporting occupancy and rentability while leaving room for targeted upgrades to extend the asset’s lifecycle. Neighborhood occupancy of 96.9% (neighborhood-level) and a near-midpoint rent landscape point to steady leasing with potential to optimize through operations rather than discounting; according to WDSuite’s CRE market data, the area also trends in higher national safety percentiles, which can aid retention.
Within a 3-mile radius, rising household counts and smaller average household sizes imply a larger renter pool over time. Ownership costs track near national midpoints while rent-to-income looks moderate, suggesting a durable tenant base that relies on multifamily housing without the volatility often seen in high-cost metros. Primary risks include limited parks/cafe density and potential competition from ownership options, which call for thoughtful amenity programming and service differentiation.
- Neighborhood occupancy at 96.9% (neighborhood-level) supports stable leasing and cash flow
- 2013 vintage is competitive versus the area’s older stock, with targeted upgrade potential
- 3-mile demographics show rising household counts and smaller household sizes, expanding the renter pool
- Safety benchmarks trend in higher national percentiles, aiding tenant retention
- Risks: limited parks/cafe density and some competition from ownership options