1308 Jacksonville Square Dr Jacksonville TX Multifamily Investment

The immediate neighborhood in Jacksonville ranks among the top quartile within the metro (1 out of 27 neighborhoods) with an A+ neighborhood rating, indicating competitive location fundamentals relative to local peers. Amenity access is mixed: grocery, restaurants, childcare, parks, and pharmacies index around or modestly above national midpoints, while café density is limited. For investors, this supports everyday convenience for residents without relying on destination retail.

Rents in the neighborhood benchmark below national medians (low national percentile), which can enhance perceived affordability and support leasing velocity. Neighborhood occupancy trends sit around the metro middle, suggesting demand is present but requires disciplined leasing and renewal execution to maintain stability. The share of housing units that are renter-occupied is above national midpoints, signaling a viable tenant base for multifamily.

Within a 3-mile radius, demographics show a broad mix of age cohorts and family households. Recent years reflect softer population and household counts, yet projections indicate potential population growth and an increase in households, which would expand the renter pool and support occupancy if realized. Household incomes have moved higher historically and are projected to continue rising, which can underpin rent collections and reduce turnover risk when managed prudently.

Ownership costs in the area are comparatively accessible versus national benchmarks, which may create some competition from for-sale options; however, this also positions multifamily as a more convenient path for residents prioritizing flexibility. Average school ratings trail national averages, a consideration for family-oriented leasing; investors may benefit from emphasizing convenience, value, and unit features over school-district positioning in marketing.