600 Village Rd, Port Lavaca Multifamily Investment Opportunity

The property sits in a suburban neighborhood that ranks 1 out of 11 within the Port Lavaca metro for overall neighborhood rating, with everyday amenities relatively accessible (grocery, parks, and pharmacies each performing in the low-70s national percentiles). This convenience profile helps support day-to-day livability for residents and can aid renewal rates.

Multifamily fundamentals show the neighborhood’s occupancy is competitive among Port Lavaca neighborhoods (ranked 3 of 11), a constructive sign for maintaining stable tenancy over the hold period. Median contract rents in the neighborhood remain manageable relative to incomes (rent-to-income ratio at a high national percentile), which can underpin retention and reduce move-out pressure even as landlords pursue measured rent increases.

Tenure patterns indicate a low renter concentration (roughly one-quarter renter-occupied units in neighborhood measures), signaling a thinner but steady tenant base. For investors, this suggests focusing on workforce-oriented positioning and tenant experience to capture consistent demand rather than relying on large-scale influxes. Median home values in the area sit well below national medians, which means ownership is more accessible; this can introduce some competition with for-sale housing, but also reinforces the value proposition of quality rental options with convenience and professional management.

Within a 3-mile radius, demographics show recent softness in population counts but projections point to population growth and a notable increase in households by the mid-term, alongside smaller average household sizes. This shift typically expands the renter pool and supports occupancy stability for well-managed properties. Average school ratings trail national norms, which may influence some family renters; however, the neighborhood’s amenity access and commuting convenience can still support leasing for a broad renter profile.