| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 43rd | Good |
| Demographics | 21st | Poor |
| Amenities | 38th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1500 Davis Ln, Brownwood, TX, 76801, US |
| Region / Metro | Brownwood |
| Year of Construction | 2005 |
| Units | 76 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1500 Davis Ln Brownwood Multifamily with Stable Renter Base
Neighborhood-level occupancy has improved and renter concentration is elevated, according to WDSuite’s CRE market data, supporting consistent tenant demand relative to the Brownwood metro.
This Inner Suburb neighborhood carries a B rating and ranks 9 out of 21 within the Brownwood, TX metro—above the metro median—suggesting comparatively solid fundamentals for a working-class renter base. Neighborhood occupancy is 88.6% and has risen over the past five years; at rank 5 of 21, it sits in the top quartile among Brownwood neighborhoods, indicating relative stability for lease-up and renewals.
Renter-occupied housing accounts for a high share of units in the neighborhood (ranked 1 of 21; top quartile nationally by percentile), which points to a deep tenant pool for multifamily assets and supports ongoing leasing velocity. Median contract rents in the neighborhood remain on the lower side versus national norms (national percentile 29), which can aid retention while allowing room for measured rent optimization where unit quality and amenities justify it.
Amenity access is mixed. Restaurants and cafes are comparatively dense for the metro (restaurant density ranked 2 of 21; cafes ranked 2 of 21) and grocery access is also strong (ranked 4 of 21; high national percentile). However, parks, pharmacies, and childcare options are limited locally (each ranked 21 of 21), which may temper appeal for some households and should be considered in positioning and resident services.
Within a 3-mile radius, households have increased even as total population edged down in recent years, implying smaller household sizes and a gradual shift in housing demand toward rentals. Looking ahead, WDSuite projections indicate growth in both population and households through 2028, alongside a modest increase in the renter share—factors that support renter pool expansion and occupancy stability.
Home values in the neighborhood are low relative to national levels (very low national percentile), which can create some competition from entry-level ownership. For investors, this dynamic argues for careful pricing and amenity strategy to sustain lease retention while maintaining a value proposition versus local ownership costs.
Comparable, block-level crime metrics were not available from WDSuite for this neighborhood. Investors should benchmark safety using multiple sources—city reports, insurer data, and property history—focusing on multi-year trends and how the area compares with the broader Brownwood region rather than single-year snapshots.
WDSuite does not currently provide verified nearby anchor employers with distance data for this address. Investors may consider the broader Brownwood employment base when assessing commute convenience and workforce housing demand.
This 76-unit asset is positioned in a Brownwood neighborhood that is above the metro median, with neighborhood occupancy in the top quartile locally and a high share of renter-occupied housing. Together, these indicators suggest depth of demand and support for steady leasing and renewals, while the area’s comparatively low rent levels can underpin retention with disciplined revenue management. Based on commercial real estate analysis from WDSuite, forward-looking demographics within 3 miles point to increases in households and a slightly larger renter pool, which should reinforce occupancy stability.
Amenity access favors daily needs—restaurants, cafes, and groceries—though limited parks, pharmacies, and childcare nearby warrant consideration for resident services and marketing. Low local home values can introduce competition from ownership; consequently, asset strategy should emphasize unit quality, management, and convenience to sustain pricing power within the submarket context.
- Neighborhood occupancy ranks top quartile among 21 Brownwood neighborhoods, supporting stable leasing.
- High renter-occupied share indicates a deep tenant base and demand resilience.
- 3-mile outlook shows growth in households and renter share, reinforcing future renter pool expansion.
- Daily-needs access (restaurants, cafes, grocery) supports livability and retention.
- Risk: limited parks/childcare and low ownership costs nearby may temper pricing power—plan positioning and capex accordingly.