| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 43rd | Good |
| Demographics | 49th | Best |
| Amenities | 35th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5565 Ruben Torres Sr Blvd, Brownsville, TX, 78526, US |
| Region / Metro | Brownsville |
| Year of Construction | 1984 |
| Units | 40 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
5565 Ruben Torres Sr Blvd Brownsville Multifamily Investment
Positioned in an inner-suburb corridor with steady renter demand and value-add potential, the 1984-vintage asset competes against a neighborhood stock that skews newer. According to WDSuite’s CRE market data, local fundamentals indicate room for operational upside with prudent capital planning.
The property sits in an Inner Suburb of Brownsville-Harlingen with a neighborhood rating of A-. Amenity access is competitive among Brownsville-Harlingen neighborhoods (rank 50 of 133), led by grocery and park coverage that outperforms many peer areas, while cafes, childcare, and pharmacies are comparatively limited. For investors, this mix supports daily convenience while signaling selective retail/medical gaps that may shape resident preferences.
Neighborhood occupancy is measured for the neighborhood, not the property, and currently tracks below the metro median (rank 117 of 133). In parallel, renter concentration stands at 43.1% of housing units, indicating a meaningful base of renter-occupied stock that can support leasing, particularly for workforce-oriented units. Median contract rent levels sit near the national midpoint for similar neighborhoods, suggesting balanced pricing relative to incomes.
Within a 3-mile radius, households have expanded over the last five years with further increases projected, alongside a modest decline in average household size. This points to a larger tenant base and more renters entering the market over time, which can support occupancy stability and lease-up velocity for well-positioned units.
Home values in the neighborhood are lower than many U.S. areas (national percentile near the bottom), which can make ownership more accessible and introduce competition with rentals. For multifamily investors, that typically means calibrating pricing and amenities to sustain retention, while leveraging the area’s renter pool and the relative affordability of apartments to maintain absorption.
Safety indicators are mixed when viewed across geographies. Compared with Brownsville-Harlingen neighborhoods, the area ranks closer to the higher-incident end (rank 17 of 133), warranting active property-level security and resident engagement. Nationally, however, percentiles indicate comparatively better positioning on several measures, suggesting outcomes that are stronger than many neighborhoods nationwide. Investors should underwrite with conservative assumptions and align operations to local patterns rather than block-level anecdotes.
- Dish Network — corporate offices (22.4 miles)
Nearby employment is distributed across the metro, supporting commuter demand to Brownsville-Harlingen job nodes, with corporate services accessible by regional highways.
This 40-unit, 1984-vintage property offers a straightforward value-add and operations thesis in an Inner Suburb location. The building’s older vintage relative to the neighborhood’s newer average points to targeted capital needs and renovation upside to improve competitive positioning. Renter concentration in the neighborhood supports depth of demand, while neighborhood-level occupancy sits below the metro median—an underwriting consideration that rewards disciplined leasing and resident retention tactics. Based on commercial real estate analysis from WDSuite, local rent levels align with incomes, supporting steady collections when paired with thoughtful affordability management.
Within a 3-mile radius, projections call for increases in households and a slightly smaller average household size—dynamics that expand the tenant base and can sustain occupancy over time. Lower neighborhood home values mean ownership is relatively accessible, which may temper pricing power; however, well-executed renovations and resident services can differentiate the asset and support durable leasing.
- Value-add path: 1984 construction suggests targeted upgrades and repositioning potential versus newer neighborhood stock.
- Demand depth: meaningful renter-occupied share underpins a stable tenant base for workforce housing.
- Demographic support: 3-mile household growth and smaller household sizes expand the renter pool and support occupancy stability.
- Pricing alignment: rents near local income levels can aid collections and lease retention with disciplined management.
- Key risks: neighborhood occupancy below metro median and accessible homeownership require competitive positioning and conservative leasing assumptions.