| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 43rd | Good |
| Demographics | 53rd | Best |
| Amenities | 39th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3292 Coffee Port Rd, Brownsville, TX, 78521, US |
| Region / Metro | Brownsville |
| Year of Construction | 1993 |
| Units | 21 |
| Transaction Date | 2000-02-24 |
| Transaction Price | $287,500 |
| Buyer | NOVILLO PROPERTIES LTD |
| Seller | CADRIEL JOSE |
3292 Coffee Port Rd Brownsville Multifamily Investment
Neighborhood occupancy sits in the top quartile among 133 Brownsville–Harlingen metro neighborhoods, supporting stable rent rolls, according to WDSuite’s CRE market data. Steady renter demand and balanced pricing dynamics position this 21-unit asset for consistent performance.
This Inner Suburb neighborhood carries an A- rating and ranks 25th of 133 metro neighborhoods, indicating competitive fundamentals within Brownsville–Harlingen. Neighborhood occupancy is 96.3% and ranks 26th of 133, placing it in the top quartile locally and suggesting resilient leasing conditions relative to the metro.
Amenity access is mixed: grocery availability ranks 35th of 133 with a national percentile of 81, and childcare density ranks 9th of 133 with a national percentile of 91 — both supportive for day‑to‑day convenience and family renters. Cafés, parks, and pharmacies rank 133rd of 133, signaling limited lifestyle amenities nearby; investors should underwrite accordingly for on‑site features that can offset these gaps. Average school ratings are strong at 4.0 (7th of 133, top quartile nationally at the 84th percentile), a potential driver of tenant retention for family households.
Rents in the neighborhood track toward the lower half of national comparisons (median contract rent rank 33rd of 133; 35th national percentile), while the rent‑to‑income ratio is favorable at 0.11 (15th of 133; 74th national percentile), supporting lease retention and measured pricing power. Median home values sit in the 24th national percentile, so ownership is relatively more accessible than in high‑cost markets; for multifamily, this implies attention to product differentiation and value positioning to compete effectively with entry‑level ownership.
Demographic statistics aggregated within a 3‑mile radius show modest population growth over the last five years alongside a 9.4% increase in households, indicating smaller household sizes and a broader renter pool. Looking ahead, forecasts point to continued population expansion and a sizable increase in household counts, which can enlarge the tenant base and support occupancy stability if supply additions remain measured.
Safety indicators are nuanced. Within the metro, the neighborhood’s crime rank is 2nd of 133, indicating higher reported incidents relative to many local neighborhoods. Yet nationally, the area scores in the top quartile for safety — crime sits around the 80th percentile, with violent‑offense indicators near the 91st percentile and property‑offense indicators near the 88th percentile compared with neighborhoods nationwide.
Recent trend data is directionally positive: estimated violent‑offense rates declined markedly year over year, and property‑offense rates eased as well. For underwriting, this mix suggests monitoring local trends while recognizing that, in a national context, current readings compare favorably.
Employment access is diversified at the regional scale, with commutable corporate offices that can support renter demand and retention; the list below reflects the nearest named employer in this data cut.
- Dish Network — corporate offices (22.0 miles)
The property benefits from a neighborhood that ranks in the top fifth of the Brownsville–Harlingen metro, with occupancy around 96% and rent levels that remain accessible versus national benchmarks. This combination points to durable leasing with room for operational improvements through amenities and management, based on CRE market data from WDSuite.
Household growth within a 3‑mile radius and strong school ratings support depth of demand for smaller units and family renters. Amenity constraints (limited parks, pharmacies, and cafés) and relatively accessible ownership options locally warrant attention to positioning and on‑site offerings to sustain retention and pricing power.
- Top‑quartile neighborhood occupancy and competitive metro ranking support stable cash flows.
- 3‑mile household growth expands the renter base and underpins leasing stability.
- Favorable rent‑to‑income dynamics enhance retention and measured pricing power.
- Strong school ratings (top quartile nationally) bolster family‑oriented demand.
- Risks: limited nearby lifestyle amenities and competition from relatively accessible ownership require careful product differentiation.