| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 47th | Good |
| Demographics | 22nd | Fair |
| Amenities | 13th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2200 S Indiana Ave, Brownsville, TX, 78521, US |
| Region / Metro | Brownsville |
| Year of Construction | 2002 |
| Units | 20 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2200 S Indiana Ave Brownsville Multifamily Investment
Neighborhood occupancy is elevated and supports stable rent rolls, according to WDSuites CRE market data, with the signal measured at the neighborhood level rather than the property.
The property sits in a suburban Brownsville neighborhood where parks access is a relative strength (park density rates in the higher national percentiles) while retail and daily conveniences are thinner locally. Average school ratings trend around mid-range (about 3 out of 5), suggesting family appeal without commanding premium school-driven pricing. These dynamics point to workforce-oriented renter demand rather than amenity-driven premiums.
Occupancy at the neighborhood level is strong and competitive, placing in the top quartile nationally and above the metro median among 133 Brownsville-Harlingen neighborhoods, based on CRE market data from WDSuite. That backdrop supports leasing stability for well-managed assets, though limited nearby cafes, groceries, and pharmacies may temper walkable amenity appeal and require management to emphasize on-site livability and convenient access to major corridors.
With a neighborhood average construction year around 2018, this 2002-vintage asset is older than much of the local stock. For investors, that typically means planning for selective capital projects and interiors refresh to remain competitive, while also creating potential value-add upside versus newer comps.
Within a 3-mile radius, demographics show households have grown even as average household size trends lower, and forward-looking projections indicate population and household increases over the next five years. A smaller average household size and more households generally support a larger tenant base and steadier absorption of multifamily units. At the same time, neighborhood home values are relatively accessible in market context, which can create some competition from ownership; pricing strategy and product positioning should focus on convenience, professional management, and predictable monthly housing costs to sustain retention.
Safety signals are mixed when comparing local and national lenses. Within the Brownsville-Harlingen metro, this neighborhood ranks closer to the higher-crime end (lower rank values out of 133 indicate more reported crime), so investors should underwrite with cautious operating assumptions and consider lighting, access control, and community engagement. Nationally, however, both property and violent offense indicators compare favorably, landing in the higher percentiles versus neighborhoods across the U.S., which suggests comparatively better conditions in a broader context, according to WDSuites CRE market data.
Recent year-over-year movements show some upticks in estimated offense rates at the neighborhood level. Rather than rely on a single period, investors should review multi-year trends and align security measures with resident expectations to support leasing and renewal outcomes.
2200 S Indiana Ave offers a 2002-vintage, smaller-scale multifamily asset positioned in a Brownsville neighborhood with strong neighborhood-level occupancy and workforce-oriented demand. According to CRE market data from WDSuite, local occupancy trends rank above the metro median and in the top quartile nationally, supporting income stability for well-operated properties. The neighborhoods newer average stock (around 2018) implies this asset may benefit from targeted upgrades to remain competitive, creating value-add potential without the cost profile of ground-up development.
Within a 3-mile radius, projections point to population and household growth with smaller household sizes over the next five years, which typically expands the renter pool and supports occupancy. While ownership costs in the area are relatively accessible, which can introduce competition from entry-level ownership, professional management, unit quality, and operational consistency can sustain leasing velocity and renewals.
- Neighborhood occupancy trends in the top national quartile support rent roll stability.
- 2002 vintage relative to a newer local stock creates clear value-add and modernization angles.
- 3-mile projections show more households and a smaller average household size, expanding the renter base.
- Workforce-oriented positioning fits mid-range school quality and limited walkable amenities.
- Risks: metro-relative crime positioning, limited nearby retail, and competition from accessible ownership options.