| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 49th | Good |
| Demographics | 22nd | Fair |
| Amenities | 40th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5570 Ruben Torres Sr Blvd, Brownsville, TX, 78526, US |
| Region / Metro | Brownsville |
| Year of Construction | 1984 |
| Units | 32 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
5570 Ruben Torres Sr Blvd, Brownsville TX — Multifamily Investment
Neighborhood occupancy is strong and renter demand is supported by steady household growth in the surrounding 3-mile area, according to WDSuite’s CRE market data. With smaller floor plans and an inner-suburban location, this asset caters to value-oriented tenants while offering potential operational upside.
The property sits in an Inner Suburb neighborhood (rating B) within the Brownsville–Harlingen metro, where neighborhood occupancy is high and stable. The neighborhood’s occupancy rate ranks 14 out of 133 metro neighborhoods and is in the top quartile nationally, signaling durable leasing fundamentals and supporting income stability for multifamily operators.
Livability drivers are balanced: restaurant density is comparatively strong among local peers, and grocery access is competitive versus many neighborhoods nationwide. By contrast, the immediate area shows limited parks, pharmacies, and cafes, which may modestly cap lifestyle appeal for some renters but typically has limited impact on workforce housing performance.
Schools in the neighborhood average around 2 out of 5, which investors should factor into renter profile and marketing strategy. Median contract rents in the neighborhood track at the lower end of national comparisons, and the rent-to-income ratio is measured at about 0.12, indicating comparatively low affordability pressure that can aid retention and reduce turnover risk.
Within a 3-mile radius, population has grown recently and households have expanded at a faster pace, with smaller average household sizes over time. These dynamics point to a larger tenant base and more renters entering the market, which supports occupancy stability. Forward-looking projections indicate additional household growth by 2028, a constructive backdrop for leasing and renewal performance based on WDSuite’s commercial real estate analysis.
The neighborhood’s housing stock skews newer than the subject’s 1984 vintage (neighborhood average year built is 1998). This positions the asset for value-add through targeted upgrades and systems modernization to improve competitive standing against newer inventory.
Ownership costs locally are relatively accessible (low value-to-income measures), which can introduce competition from entry-level homeownership. Even so, the area’s strong occupancy and expanding household counts suggest sufficient depth in the renter pool to sustain demand, with pricing power best achieved through quality improvements and service execution rather than aggressive rent setting.
Safety indicators for the neighborhood are mixed. Compared with the Brownsville–Harlingen metro, the neighborhood’s crime rank (14 out of 133) indicates higher crime exposure than many local areas. Nationally, the overall crime position is around the mid-range (approximately the 45th percentile versus neighborhoods nationwide). Investors should underwrite with prudent security measures and monitor recent trend volatility, using property-level controls and lighting to support resident experience.
The location draws from a regional employment base typical of the Brownsville–Harlingen area, with commuting access to corporate offices that can support renter demand and lease retention. Nearby representation includes the following employer:
- Dish Network — corporate offices (23.1 miles)
This 32-unit, 1984-vintage asset offers a defensible workforce housing thesis supported by high neighborhood occupancy and a growing 3-mile household base. Smaller floor plans position the property for value-conscious renters, while targeted upgrades can enhance competitiveness against newer local stock. According to CRE market data from WDSuite, the neighborhood’s occupancy trends sit above metro medians and in the top quartile nationally, reinforcing a case for steady leasing. With relatively low rent-to-income levels, there is room to manage rents alongside improvements while maintaining retention.
Key considerations include modest school ratings and a local ownership market that is more accessible than many U.S. areas, which can temper pricing power. Underwriting should prioritize operational execution and selective capital improvements to capture value-add upside and sustain occupancy in line with neighborhood performance.
- High neighborhood occupancy supports income stability and renewal potential
- Smaller floor plans align with value-oriented demand and efficient lease-up
- 1984 vintage offers value-add and systems modernization opportunities versus newer stock
- 3-mile household growth expands the tenant base and supports sustained demand
- Risks: below-metro safety ranking, modest school ratings, and potential competition from entry-level ownership