| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 43rd | Fair |
| Demographics | 26th | Fair |
| Amenities | 35th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 500 Omar St, Anthony, TX, 79821, US |
| Region / Metro | Anthony |
| Year of Construction | 2004 |
| Units | 37 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
500 Omar St, Anthony TX Multifamily Investment
Neighborhood fundamentals suggest steady renter demand and manageable turnover, with moderate occupancy and a smaller renter base supported by accessible rents, according to WDSuite’s CRE market data.
Anthony’s rural neighborhood context offers a practical mix of value and stability for small multifamily assets. The area rates C+ among 189 El Paso neighborhoods, placing it above the metro median on overall amenities but with limited cafés and parks; restaurants and pharmacies are comparatively more available. School ratings trend modest, which can influence family-oriented leasing strategies.
The property’s 2004 vintage is newer than the neighborhood’s average 1986 construction year. That positions the asset as relatively competitive versus older stock while still warranting routine modernization planning for systems and finishes. Median contract rents in the neighborhood sit below national norms, which supports retention but tempers near-term pricing power.
Renter-occupied share is roughly one-third of housing units both in the neighborhood and within the 3-mile radius, indicating a smaller but durable tenant base. For investors, that means demand is present but may rely on disciplined lease management and targeted marketing to maintain occupancy.
Within a 3-mile radius, recent population trends show contraction, yet households have inched higher and are projected to rise further over the next five years. That shift toward more, slightly smaller households suggests incremental renter pool expansion that can support occupancy stability. Home values in the neighborhood are comparatively low versus national benchmarks, which can introduce some competition from ownership, but the rent-to-income profile indicates manageable affordability pressure that supports lease retention.
Neighborhood safety compares favorably in a national context. Overall crime indicators sit in the top quartile nationally, while violent incidents trend better than average and property offenses are around the national midpoint. Importantly, both violent and property offenses show strong year-over-year improvement, signaling a constructive trajectory rather than a single-year anomaly.
At the metro level, this area is competitive among El Paso neighborhoods for safety. For investors, the combination of comparatively better national positioning and improving trends can aid resident retention and reduce operational friction, though continued monitoring is prudent.
Proximity to regional employers supports a commuter renter base and can aid retention. Key nodes include financial services, energy, and mining offices within a manageable drive.
- Charles Schwab — financial services (15.0 miles)
- Western Refining — energy (17.9 miles) — HQ
- Freeport Mcmoran-El Paso — mining (21.0 miles)
This 37-unit, 2004-vintage asset offers relative competitiveness versus older neighborhood stock while benefiting from accessible rents that underpin resident retention. The renter concentration is smaller than in dense urban submarkets, but household counts within a 3-mile radius are expected to increase, pointing to a gradually expanding tenant base that can support occupancy stability. Home values are lower versus national benchmarks, introducing some competition from ownership, yet the rent-to-income profile suggests manageable affordability pressure for renters.
Based on CRE market data from WDSuite, neighborhood-level occupancy and amenity access are serviceable, with restaurants and pharmacies more available than cafés and parks. Near-term performance hinges on disciplined leasing and cost control, while medium-term upside centers on value-add improvements and capturing incremental demand from projected household growth.
- 2004 vintage competes well versus older local stock; modernization can focus on targeted systems and finish updates.
- Accessible rents support retention and stable collections, with pricing power developing via selective upgrades.
- Projected growth in households within 3 miles expands the renter pool and supports occupancy stability.
- Employment access to regional financial services, energy, and mining offices provides a commuter renter base.
- Risks: smaller renter concentration and modest school ratings; amenity scarcity (parks/cafés) requires active resident programming and retention efforts.