| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 49th | Good |
| Demographics | 30th | Good |
| Amenities | 76th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 48 Rentfro Blvd, Brownsville, TX, 78521, US |
| Region / Metro | Brownsville |
| Year of Construction | 2011 |
| Units | 26 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
48 Rentfro Blvd Brownsville multifamily investment opportunity
Neighborhood occupancy is high and renter demand is deep in this inner-suburb pocket of Brownsville, according to WDSuite’s CRE market data, supporting stable operations for a 26-unit asset.
Located in an Inner Suburb setting of Brownsville-Harlingen, the neighborhood rates in the top quartile among 133 metro neighborhoods (overall A rating, rank 7). For investors, this indicates competitive livability and steady renter interest relative to the broader metro.
Amenity access is a local strength: cafes and restaurants score well above national medians, and grocery and pharmacy density also track high nationwide. While park acreage is limited, daily needs are generally close by, which can support tenant retention and leasing velocity.
The property’s 2011 vintage is newer than the neighborhood’s average construction year (1987). Newer product typically competes well against older stock on curb appeal and systems, though investors should still underwrite routine mid-life updates over the hold to maintain positioning.
Unit tenure skews toward renters: roughly six in ten housing units in the neighborhood are renter-occupied. For multifamily owners, that renter concentration suggests a deeper tenant base and demand continuity, reinforcing occupancy stability through typical cycles.
Within a 3-mile radius, recent years show modest population softening alongside a rise in households and smaller average household size. Looking ahead, WDSuite’s data indicates projected growth in both households and incomes through 2028, which points to a larger tenant base and potential support for rent levels as new renters enter the market.
Home values are lower than many U.S. neighborhoods, and median rents remain comparatively accessible. In investor terms, a more accessible ownership landscape can create some competition for price-sensitive renters, but it also supports broad housing affordability, which can aid lease retention and limit move-outs driven by affordability pressure.
Safety signals are mixed and should be reviewed alongside property-level history and insurance quotes. Compared with neighborhoods nationwide, indicators align above the national median for safety on several measures, but within the Brownsville-Harlingen metro the neighborhood’s crime rank places it in a less favorable cohort versus many local peers (rank 30 of 133).
Recent one-year changes show upticks in both property and violent offense estimates. While single-year swings can reflect reporting dynamics, investors may want to budget for security measures and monitor trend data over the hold period.
Regional corporate employment helps underpin renter demand via commute access to larger job centers. Nearby, the following employer contributes to the area’s employment base.
- Dish Network — telecommunications offices (22.6 miles)
This 26-unit asset benefits from a renter-oriented neighborhood with high occupancy and strong amenity access. The 2011 construction is newer than the area’s average, providing a competitive edge versus older stock while leaving room for targeted updates to sustain positioning. According to CRE market data from WDSuite, neighborhood occupancy is elevated versus national norms, and household growth within a 3-mile radius is expected to expand the tenant base over the next five years.
Investors should weigh strengths against a few considerations: mixed but generally above-median national safety readings paired with recent one-year offense increases, and a local ownership market that is more accessible than many U.S. metros, which can compete for value-seeking households. Prudent capital planning, security enhancements where appropriate, and disciplined lease management can help maintain occupancy stability and pricing power.
- Renter-heavy neighborhood supports depth of tenant demand and occupancy stability.
- 2011 vintage competes well against older local stock, with manageable mid-life capital planning.
- Strong amenity access (food, grocery, pharmacy) aids retention and leasing.
- 3-mile household growth outlook points to a larger renter pool and support for rent levels.
- Risks: mixed metro-relative safety ranking and competition from more accessible ownership options.