| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 43rd | Good |
| Demographics | 11th | Poor |
| Amenities | 19th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 300 Cross Crk, Dilley, TX, 78017, US |
| Region / Metro | Dilley |
| Year of Construction | 1994 |
| Units | 40 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
300 Cross Crk, Dilley TX Multifamily Investment
Renter concentration in the immediate neighborhood supports a stable tenant base, while low rent-to-income levels point to manageable affordability, according to WDSuite s commercial real estate analysis.
Located in Dilley within the Pearsall, TX metro, the property sits in a suburban neighborhood with a C- rating (ranked 6th among 7 metro neighborhoods). Neighborhood occupancy is measured at the neighborhood level—not the property—and recent readings indicate some leasing slack (occupancy below stronger metro submarkets), suggesting an operational focus on resident retention and leasing velocity could be important.
The local housing stock skews renter-occupied at the neighborhood level (renter concentration above most U.S. neighborhoods), which typically supports depth of demand for multifamily product. However, within a 3-mile radius, WDSuite s CRE market data indicates a predominantly owner-occupied housing base today, with projections pointing to a higher share of renter households over the next five years. For investors, this mix implies current demand anchored by local renters, with potential for a gradually expanding renter pool.
Affordability appears favorable for tenants: neighborhood rent-to-income is modest, and median contract rents track well below national levels. While this can aid occupancy stability and collections, it may also temper near-term pricing power. Home values in the neighborhood are comparatively low versus national norms, which can create some competition from ownership options; underwriting should reflect realistic rent growth and renewal strategies.
Amenities are limited locally (few cafes, pharmacies, and restaurants per square mile), and average school ratings are low for the neighborhood, which can influence household preferences. Park access is roughly in line with national mid-percentiles, and grocery access exists but is not dense. Demographic statistics aggregated within a 3-mile radius show a younger-skewed population and larger household sizes, which may favor larger unit types; forecasts point to population and household growth that would expand the tenant base if realized.
Vintage is an investor consideration: the neighborhood s average construction year trends newer (mid-2000s) than this asset s 1994 build, indicating potential value-add positioning through targeted renovations and systems updates to compete with newer stock.
Comparable crime benchmarks for this neighborhood are not available in WDSuite s dataset for Pearsall, TX at this time. Without a verified metro rank or national percentile, investors should rely on third-party data and property-level history, and benchmark against regional averages when such data becomes available. Statements here refer to neighborhood-level trends, not to property-specific safety conditions.
Major employer proximity data with measured distances is not available from WDSuite for this address. Investors typically evaluate commuting corridors and workforce anchors to gauge leasing depth and retention.
This 40-unit 1994-vintage asset in Dilley is positioned as workforce housing with renter demand supported by a high renter concentration at the neighborhood level and modest rent-to-income ratios. According to CRE market data from WDSuite, neighborhood occupancy trends indicate some leasing slack, pointing to a focus on retention and marketing to sustain stabilized performance. The older vintage versus the area s mid-2000s average suggests actionable value-add and capital planning opportunities to sharpen competitiveness.
Neighborhood-level home values and rents sit well below national norms, which can support collections and lease retention but may limit near-term rent growth. Demographic statistics aggregated within a 3-mile radius indicate large households and a younger population mix today, with forecasts referencing growth in population and households that would expand the renter pool if realized. Amenity density and school performance are limited locally, so conservative underwriting on lease-up pace and concessions is prudent.
- Renter demand: high neighborhood renter concentration supports a deeper tenant base.
- Affordability: low rents and modest rent-to-income aid occupancy stability and collections.
- Value-add potential: 1994 vintage versus newer neighborhood stock enables targeted renovations and systems upgrades.
- Forward demand: 3-mile demographic forecasts point to potential renter pool expansion if growth materializes.
- Risks: amenity-light setting, low school ratings, and ownership alternatives may temper rent growth and leasing pace.