| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 49th | Good |
| Demographics | 22nd | Fair |
| Amenities | 40th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5565 E Ruben M Torres Sr Blvd, Brownsville, TX, 78526, US |
| Region / Metro | Brownsville |
| Year of Construction | 1973 |
| Units | 44 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
5565 E Ruben M Torres Sr Blvd Brownsville Multifamily Investment
Neighborhood occupancy is strong and renter demand appears durable, according to WDSuite’s CRE market data, positioning this 44-unit asset for stable operations. Older vintage points to value-add potential alongside steady fundamentals.
Located in Brownsville’s inner-suburban corridor, the neighborhood shows a balanced mix of daily conveniences and steady multifamily fundamentals. Neighborhood occupancy is reported at 97.8% (measured at the neighborhood level), ranking 14 out of 133 metro neighborhoods—an above-median standing locally and in the top quartile nationally by percentile—supporting lease-up and retention. Renter-occupied housing comprises 37.2% of units in the neighborhood, indicating a moderate renter concentration and a sufficiently deep tenant base for workforce-oriented properties.
Amenity access is serviceable for essentials: grocery density is competitive among Brownsville-Harlingen neighborhoods (ranked 39 of 133), and restaurants are in the top quartile locally (ranked 23 of 133). However, cafes, parks, and pharmacies are sparse within the neighborhood, which may reduce lifestyle appeal versus amenity-rich submarkets. Average school ratings trend below national norms (2.0 average; competitive within the metro at rank 50 of 133), which investors should consider for family-oriented leasing strategies.
Within a 3-mile radius, demographics indicate a larger near-term renter pool: households increased by 13.4% over the past five years, while average household size declined, and population posted modest growth. Looking ahead, forecasts through 2028 point to continued population growth and a notable increase in households alongside a projected rise in median contract rent—factors that typically support occupancy stability and measured pricing power. These dynamics align with commercial real estate analysis pointing to gradual demand expansion in infill Brownsville locations.
Home values in the neighborhood are lower relative to national norms, which can introduce some competition from ownership options. Counterbalancing that, neighborhood rents sit at a relatively low rent-to-income ratio, which supports lease retention and reduces affordability pressure from an investor perspective. The property’s 1973 construction is older than the neighborhood average year built (1998), suggesting potential renovation upside and the need for targeted capital planning to keep the asset competitive against newer stock.
Safety indicators present a mixed profile. Compared with neighborhoods nationwide, both violent and property offense measures score in higher national percentiles (safer relative standing). At the metro level, however, the neighborhood’s crime rank sits in the lower tier (ranked 14 of 133, where a lower rank indicates more crime than many local peers). Recent one-year changes show volatility in reported offense rates, which investors should translate into prudent security, lighting, and resident-engagement measures rather than assume a stable trend.
Investor takeaway: on a national basis the neighborhood compares favorably, but within the Brownsville-Harlingen metro it trails stronger-ranked areas. Monitoring trend direction and incorporating practical on-site measures can help support resident satisfaction and retention.
Regional employment access is driven more by corridor connectivity than immediate walk-to offices; proximity to larger corporate nodes can still support commuting residents and leasing stability.
- Dish Network — corporate offices (23.1 miles)
This 44-unit, 1973-vintage property sits in a neighborhood with high reported occupancy at the neighborhood level and a moderate renter concentration, supporting day-one demand and retention potential. The older construction relative to the area’s newer average year built suggests clear value-add and capital planning opportunities to sharpen competitive positioning against newer stock.
Within a 3-mile radius, recent household growth and a forecasted increase in both households and median contract rent point to a gradually expanding tenant base and support for rent growth over time, according to CRE market data from WDSuite. Lower home values locally can create some competition from ownership, but relatively modest rent-to-income levels help sustain leasing depth and reduce near-term affordability pressure from an operator’s perspective.
- High neighborhood occupancy supports lease-up and retention
- 1973 vintage offers renovation and value-add upside with targeted capex
- 3-mile household growth and projected rent gains point to sustained demand
- Moderate renter concentration provides a stable tenant base
- Risks: amenity gaps vs. denser submarkets, metro-level safety rank, and potential competition from ownership