| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 36th | Poor |
| Demographics | 40th | Poor |
| Amenities | 37th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 333 Highland Ave, Dublin, TX, 76446, US |
| Region / Metro | Dublin |
| Year of Construction | 1993 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
333 Highland Ave Dublin Multifamily Investment, 24 Units
Renter demand is shaped by a predominantly owner-occupied area and rural amenities, with pricing headroom suggested by low rent-to-income levels, according to WDSuite’s CRE market data. Neighborhood occupancy trends should be evaluated alongside property operations to gauge stability over a full leasing cycle.
This rural neighborhood in the Stephenville, TX metro carries a C rating and shows balanced day-to-day amenities for its scale: grocery access and parks sit near the metro middle, while cafes and pharmacies are sparse. Average school ratings are competitive for the region (ranked 1 out of 19 metro neighborhoods and top quartile nationally), which can support family-oriented renter retention.
Neighborhood occupancy is below the metro median (ranked 16 of 19), so underwriting should emphasize leasing velocity and renewal patterns rather than assuming uniform stability. At the same time, a very low neighborhood rent-to-income ratio (ranked 1 of 19; top national percentile) suggests rents consume a modest share of household income, which can support pricing power and reduce turnover sensitivity when managed thoughtfully.
Within a 3-mile radius, demographic statistics indicate a smaller renter-occupied share and a larger owner base, pointing to a shallower but potentially steady tenant pool. Looking ahead, WDSuite data signals population and household growth in the 3-mile area, which would expand the renter pool and support occupancy over time if realized. Investors should tie these shifts to product positioning and unit mix rather than relying on headline growth alone.
Home values sit on the lower end nationally, which means ownership is comparatively accessible in this area; that can create competition with multifamily. For investors, this dynamic argues for attention to finishes, service, and value-oriented pricing to maintain leasing momentum while leveraging the neighborhood’s favorable rent-to-income footing.
Comparable crime metrics for this neighborhood are not available in the current WDSuite release. Investors often supplement with local law enforcement reports and municipal open-data portals to assess patterns around the asset and along primary commute routes. Any conclusions should focus on multi-year trends and neighborhood-level context rather than block-level snapshots.
Local employment is distributed across small businesses and regional services typical of rural markets, supporting workforce housing demand through commute convenience; however, no verified nearby corporate headquarters with distance data are available in this dataset.
Built in 1993, this 24-unit property is newer than much of the area’s housing stock, which can reduce immediate capital needs and provide light value-add optionality to sharpen competitiveness against older product. Based on CRE market data from WDSuite, neighborhood occupancy trends lag the metro median, so the investment case rests on disciplined leasing, resident retention, and capturing measured rent growth supported by low rent-to-income levels.
Within a 3-mile radius, projections indicate population and household growth, implying a larger tenant base and support for occupancy stability if those trends materialize. Because ownership remains relatively accessible locally, maintaining a value-forward offering—clean operations, responsive management, and targeted unit upgrades—can help sustain leasing velocity while preserving pricing power.
- 1993 vintage offers relative competitiveness versus older neighborhood stock with selective value-add potential
- Low rent-to-income levels support prudent pricing and renewal strategies
- 3-mile projections point to renter pool expansion, aiding occupancy stability
- Rural amenity mix and strong school ratings can support family-oriented retention
- Risk: Below-metro occupancy and accessible homeownership require tight leasing and competitive positioning