| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 64th | Best |
| Demographics | 66th | Best |
| Amenities | 52nd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 100 Bluebonnet St, Stephenville, TX, 76401, US |
| Region / Metro | Stephenville |
| Year of Construction | 1982 |
| Units | 80 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
100 Bluebonnet St Stephenville Multifamily Investment
Neighborhood occupancy is in the mid‑90s, supporting steady renter demand in this submarket, according to WDSuite’s CRE market data. Renter-occupied housing accounts for roughly half of neighborhood units, indicating a durable tenant base rather than property-specific performance.
The immediate neighborhood rates A+ and ranks 1 out of 19 Stephenville metro neighborhoods, reflecting balanced livability factors that matter for leasing and retention. Restaurant and grocery density are competitive locally (both rank near the top of 19), with restaurants and pharmacies also in the top quartile nationally, which supports day‑to‑day convenience for residents and reduces friction in lease-up.
Public school quality trends favorably, with the neighborhood’s average school rating ranking 1 of 19 and landing in the top quartile nationally — a supportive signal for family-oriented renter cohorts. Median contract rents sit around the metro middle, and the neighborhood rent-to-income ratio is near 0.18, suggesting manageable affordability pressure that can aid lease retention without overreliance on concessions.
Construction year for the property is 1982, slightly older than the neighborhood average (1989). That vintage often points to value‑add potential through unit renovations and common‑area upgrades; investors should also plan for capital needs related to building systems and exterior refresh to remain competitive against newer stock.
Tenure patterns indicate about 47% of neighborhood housing units are renter‑occupied, which supports a stable multifamily demand pool. Within a 3‑mile radius, households increased over the last five years while overall population edged down slightly — a sign of smaller household sizes and more households entering the market. Forward-looking estimates within 3 miles point to population and household growth by 2028, which would expand the renter pool and help support occupancy stability. Based on commercial real estate analysis from WDSuite, neighborhood occupancy performance ranks above the metro median (4 of 19), reinforcing a baseline of demand for well-positioned assets.
Ownership costs appear moderate for the region, and median home values sit near national mid-range levels. In practice, that can introduce some competition from entry-level ownership, but it also sustains a broad renter segment seeking accessible monthly payments; owners can prioritize unit quality and professional management to maintain pricing power and retention.
Comparable neighborhood safety metrics are not available in WDSuite’s dataset for this location. Investors commonly benchmark against city and county trend sources to understand relative conditions and focus on property-level measures such as lighting, access control, and visibility to support resident comfort and retention.
This 80‑unit, 1982‑vintage asset benefits from an A+‑rated neighborhood with strong amenity access, top‑ranked local schools, and occupancy that performs above the metro median. The renter-occupied share near half of neighborhood units indicates a durable tenant base, while manageable rent-to-income levels support lease stability more than aggressive rent‑through strategies. According to CRE market data from WDSuite, these neighborhood fundamentals compare favorably to broader metro patterns, positioning well‑executed renovations to capture demand without overextending concessions.
Value‑add remains the practical lever: targeted interior modernization and curb‑appeal improvements can enhance competitive standing versus newer product. Near‑term household growth within a 3‑mile radius and projected expansion through 2028 point to a growing renter pool, which, alongside daily‑needs convenience, can support occupancy and retention over a longer hold.
- A+ neighborhood and above‑median occupancy support baseline demand
- Renter concentration near half of units indicates depth for multifamily leasing
- 1982 vintage offers value‑add upside via interiors and building systems
- Amenity and school strengths aid retention and reduce concession risk
- Risks: older asset capital needs; limited nearby parks/childcare may narrow appeal; supplement safety assessment with external benchmarks