| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 40th | Fair |
| Demographics | 35th | Good |
| Amenities | 26th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 525 Wildrose Ln, Brownsville, TX, 78520, US |
| Region / Metro | Brownsville |
| Year of Construction | 2013 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
525 Wildrose Ln Brownsville 24-Unit Multifamily Investment
Built in 2013 with larger floor plans, this asset targets a renter base supported by steady household growth and a meaningful renter-occupied share in the surrounding neighborhood, according to WDSuite’s CRE market data. The location offers everyday convenience and a value-oriented rent context that can support leasing stability.
The property sits in an inner-suburb neighborhood of Brownsville-Harlingen that rates B overall and places 62nd of 133 metro neighborhoods, indicating performance around the metro middle with a balanced mix of fundamentals. Grocery access is a relative strength — ranked 20th of 133 locally and in the top quartile nationally — which supports day-to-day livability and retention. By contrast, café, park, and pharmacy density is limited in the immediate area, so resident convenience leans more toward practical retail than lifestyle options.
Neighborhood occupancy is below the metro median (ranked 102nd of 133), but the share of housing units that are renter-occupied is comparatively high (ranked 30th of 133), pointing to a deeper tenant pool and demand for multifamily. Median contract rents in the neighborhood track near the metro middle, which can aid absorption for well-managed properties without relying on premium positioning.
Within a 3-mile radius, population and household counts have increased over the last five years, and forecasts call for further gains alongside a modest reduction in average household size. This trend generally expands the tenant base and can support occupancy stability for appropriately sized units. Mean and median household incomes are rising from a lower base, so rent setting benefits from affordability awareness and disciplined lease management rather than top-of-market pricing.
Home values in the neighborhood are lower than many U.S. areas, which means some households can weigh ownership alternatives; however, a sizable renter-occupied share and increasing households suggest continued reliance on rental options. For investors, this dynamic points to steady demand at value-oriented price points rather than outsized pricing power.
Safety indicators are mixed and warrant monitoring. The neighborhood ranks 34th out of 133 metro neighborhoods for crime, indicating higher reported crime than much of the Brownsville-Harlingen metro. At the national level, current violent-offense measures sit around the 61st percentile and property-offense measures around the 72nd percentile, which compare more favorably to many neighborhoods nationwide. Recent one-year changes point to increases in reported incidents, so ongoing trend tracking and standard security measures remain prudent.
Regional employment access is diversified, with commuting reach to corporate offices that can help support renter demand and retention for workforce households, including roles in telecommunications.
- Dish Network — corporate offices (20.7 miles)
Constructed in 2013, the asset is newer than the neighborhood’s average vintage, offering competitive positioning versus older local stock while leaving room for targeted modernization to drive rent premiums and operating efficiency. The surrounding neighborhood shows a meaningful renter-occupied share and expanding 3-mile household counts, supporting a stable tenant base even as neighborhood occupancy sits below the metro median. According to CRE market data from WDSuite, day-to-day convenience is underpinned by strong grocery access, and rent levels align with value-oriented demand rather than luxury segmentation.
With 24 units and floor plans around 1,000 square feet, the property can appeal to family and roommate households in a market where ownership is relatively accessible but many households still rely on rental housing. Execution priorities include disciplined lease management, cost-controlled turns, and modest value-add improvements consistent with a 2010s vintage. Key risks to underwrite are neighborhood crime trends and competition from ownership alternatives.
- Newer 2013 vintage versus local average, supporting competitive positioning
- Expanding 3-mile population and households strengthen the tenant base
- Strong grocery access and value-oriented rents aid retention and absorption
- Larger floor plans (~1,000 sf) align with family and roommate demand
- Risks: below-metro occupancy, mixed safety trends, and competition from ownership