601 Athol Ln, Pearsall, TX Multifamily Investment Snapshot

Pearsall is a rural market where day-to-day conveniences are present but limited relative to larger metros. The neighborhood ranks above the metro median (3 of 7 neighborhoods) and sits in the lower national percentiles for overall amenities, though cafes and restaurants show comparatively better density than other local categories. Investors should underwrite modest walkable amenity draw and reliance on driving for most services.

Neighborhood occupancy is reported at 85.9%, which suggests room to capture additional leasing with focused operations; note that this is a neighborhood metric, not the propertys performance. Median asking rents in the area are modest, reinforcing affordability and potential retention but also implying measured revenue growth unless value-add improvements support premium positioning.

The propertys 1992 vintage is older than the neighborhoods average construction year (2002). That age gap points to pragmatic capital planning needs and an opportunity for targeted renovations or systems modernization to improve competitiveness against newer stock.

Within a 3-mile radius, demographics indicate population and household growth, which can expand the tenant base and support occupancy stability. Renter-occupied housing comprises a meaningful share of units (over half within 3 miles), signaling depth for multifamily demand even as ownership options remain accessible in this market.

Home values in the neighborhood are comparatively low versus national norms, which means ownership is more attainable than in high-cost markets; for investors, that can create competition with entry-level ownership while also supporting steady multifamily demand among residents prioritizing flexibility or near-term affordability. School ratings trend below national averages, which may affect family-driven leasing strategies but is less critical for workforce-oriented demand.