| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 38th | Fair |
| Demographics | 18th | Poor |
| Amenities | 38th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1256 Calle Planeta, Brownsville, TX, 78520, US |
| Region / Metro | Brownsville |
| Year of Construction | 1985 |
| Units | 45 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1256 Calle Planeta, Brownsville TX Multifamily Investment
Stabilized neighborhood occupancy and a 1985 vintage position this 45-unit asset for pragmatic value-add and steady tenant retention, according to WDSuite’s CRE market data. The broader trade area’s growing household base supports depth of demand without relying on aggressive rent assumptions.
The property sits in a suburban pocket of Brownsville-Harlingen with a C+ neighborhood rating. Amenity access is competitive among Brownsville-Harlingen neighborhoods (rank 45 of 133), with parks and childcare options comparatively stronger than cafés or dining clusters. Grocery access is solid for the area, while pharmacy, café, and restaurant density are limited, which may slightly temper walkable lifestyle appeal.
Neighborhood occupancy measures are above the metro median (rank 55 of 133), indicating a reasonably steady leasing backdrop rather than a lease-up story. Median rents in the immediate neighborhood trend on the lower side, which can aid lease retention but may cap near-term pricing power relative to higher-cost submarkets, based on CRE market data from WDSuite.
Schools average roughly mid-3 out of 5 and are competitive among Brownsville-Harlingen neighborhoods (rank 26 of 133), a supportive signal for family-oriented renter households. Household sizes in the neighborhood skew larger than national norms, which can bolster demand for 2–3 bedroom product where available.
Tenure patterns show a relatively modest share of renter-occupied housing in the immediate neighborhood, suggesting a thinner local renter base. However, within a 3-mile radius, renter-occupied share is materially higher and households are projected to grow over the next five years, pointing to a larger tenant pool for stabilized occupancy. Elevated ownership accessibility in the area can introduce competition with for-sale options, but it also positions rentals as the more accessible choice for households prioritizing monthly cost and flexibility.
Safety signals are mixed when viewed across geographies. Within the Brownsville-Harlingen metro, the neighborhood’s crime rank places it below the metro median (rank 16 of 133), indicating higher incident exposure versus many local peers. Nationally, however, violent and property offense estimates benchmark in the stronger half of neighborhoods, with violent offense levels sitting in the top quartile nationwide and property offense levels also comparing favorably, according to WDSuite’s CRE market data.
Recent-year data indicate an uptick in estimated property and violent offense rates, so investors should underwrite prudent security measures and monitor trajectories rather than assuming linear improvement. Overall, the picture suggests metro-relative caution with nationally competitive comparisons, supporting a measured approach to risk management and insurance planning.
- Dish Network — telecommunications/services (20.0 miles)
Regional employment is diversified across services and communications, supporting workforce housing demand for residents commuting across Brownsville and into nearby hubs such as Harlingen; the list below highlights a notable employer within commuting range.
This 45-unit asset, built in 1985, is older than the neighborhood’s average vintage, creating a clear value-add path through targeted renovations and systems upgrades. Neighborhood occupancy trends are above the metro median and area rents lean attainable, which can support lease retention while allowing selective upgrades to capture incremental rent. Within a 3-mile radius, population and household counts are projected to expand, indicating a growing tenant base that can help sustain occupancy, based on commercial real estate analysis from WDSuite.
The immediate neighborhood’s lower renter-occupied share and limited café/restaurant cluster suggest positioning as practical workforce housing rather than lifestyle-driven product. Ownership remains relatively accessible locally, which can introduce competition with for-sale options; however, attainable rents and a larger trade-area renter pool provide a cushion for steady demand. Investors should budget for near-term CapEx and maintain conservative rent growth assumptions while prioritizing operational consistency.
- Above-metro-median occupancy supports stable leasing conditions
- 1985 vintage offers actionable value-add and systems modernization upside
- Expanding 3-mile renter pool and household growth support demand durability
- Attainable local rents can aid retention and reduce turnover risk
- Risks: thinner immediate renter concentration, limited amenity density, and rising recent-year offense estimates