| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 60th | Good |
| Demographics | 63rd | Good |
| Amenities | 39th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 534 Southwest Pkwy, College Station, TX, 77840, US |
| Region / Metro | College Station |
| Year of Construction | 1994 |
| Units | 60 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
534 Southwest Pkwy, College Station Multifamily Investment
Renter-occupied housing is concentrated in this neighborhood, supporting depth of demand even as neighborhood occupancy trends sit closer to the metro middle, according to WDSuite’s CRE market data. Location fundamentals and a large student-age cohort nearby point to durable leasing interest with prudent asset management.
This Inner Suburb neighborhood carries an A- rating and ranks 16 out of 93 metro neighborhoods, placing it above the metro median and competitive within College Station-Bryan. For investors, that positioning signals balanced fundamentals rather than outsized volatility.
Livability features are mixed: restaurants are relatively accessible (ranked 27 of 93), while parks score strong access (ranked 9 of 93, top quartile nationally). Daily-needs amenities such as grocery, cafes, and pharmacies are thinner within the neighborhood boundaries, which may modestly influence walkable appeal but is typical for many suburban student-oriented areas.
Schools average roughly 4 out of 5 (ranked 5 of 93 and in the top quartile nationally), which can support leasing to households seeking education options. Demographic statistics aggregated within a 3-mile radius show population and household growth over the last five years, with further gains projected, implying a larger tenant base and sustained renter pool expansion over the medium term.
The share of renter-occupied units is high versus metro and national norms, indicating a deep multifamily user base and potential for steady absorption. Neighborhood occupancy is closer to the national middle, suggesting leasing stability with ongoing competition; disciplined lease management should preserve performance. Median home values sit in a higher-cost ownership context for the area, and the value-to-income ratio measures in the top decile nationally, which tends to reinforce reliance on multifamily housing and supports pricing power when managed carefully. At the same time, rent-to-income signals warrant attention to affordability pressure and renewal retention strategy.
The property’s 1994 vintage is older than the neighborhood’s average construction year (2003). That age profile points to tangible value-add opportunities through modernization and systems upgrades, which can enhance competitive positioning against newer stock while requiring thoughtful capital planning.
Neighborhood safety indicators are mixed but generally compare favorably in broader contexts. Overall crime ranks 35 out of 93 metro neighborhoods, making it competitive among College Station-Bryan neighborhoods. Nationally, violent incidents benchmark above average (around the 65th percentile), and property incidents benchmark stronger (around the 76th percentile), indicating comparatively safer outcomes versus many U.S. neighborhoods.
Recent trends diverge: estimated violent incidents declined year over year (above-average improvement nationally), while estimated property incidents increased (weaker national positioning on the short-term trend). For investors, this argues for standard security measures and lighting/visibility improvements as part of routine operations, without implying block-level conclusions.
This 60-unit, 1994-vintage asset in College Station sits in a renter-heavy neighborhood where household and population growth within a 3-mile radius point to ongoing renter pool expansion. Based on CRE market data from WDSuite, occupancy at the neighborhood level is closer to the middle of metro and national ranges, implying steady leasing with normal competitive pressure rather than outsized softness or tightness.
Higher relative ownership costs locally support multifamily demand durability, while rent-to-income levels call for attentive renewal and pricing strategies. The vintage creates a straightforward value-add path through renovations and systems upgrades to sharpen competitiveness versus 2000s-era product. Operationally, safety metrics compare favorably nationally, though mixed short-term trends justify pragmatic property-level measures.
- Renter concentration and projected household gains (3-mile radius) support tenant base depth and occupancy stability.
- Ownership costs benchmark high for local incomes, reinforcing reliance on rental housing and aiding pricing power with careful management.
- 1994 vintage offers clear value-add/modernization upside versus newer neighborhood stock.
- Safety benchmarks compare favorably nationally; routine security and visibility measures remain prudent.
- Risks: amenity gaps nearby, mid-range neighborhood occupancy, and affordability pressure require disciplined leasing and renewal strategy.