| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 55th | Best |
| Demographics | 44th | Fair |
| Amenities | 51st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2000 Highway 82 W, Whitesboro, TX, 76273, US |
| Region / Metro | Whitesboro |
| Year of Construction | 1985 |
| Units | 40 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2000 Highway 82 W, Whitesboro TX Multifamily Position
Neighborhood occupancy is strong and renter demand appears durable relative to the Sherman–Denison metro, according to WDSuite’s CRE market data, supporting a steady income thesis for a 40‑unit asset in a suburban setting.
The property sits in a suburban neighborhood rated A and ranked 6 out of 50 in the Sherman–Denison metro, indicating performance in the top quartile among 50 metro neighborhoods. Neighborhood occupancy is high and ranked 5 of 50, also placing it in the top quartile locally and the top quartile nationally by percentile, a constructive setup for lease-up and retention. These are neighborhood-level metrics, not property-specific performance.
Daily-needs access is a relative strength: grocery, pharmacy, and park availability all rank within the top quartile among the metro’s 50 neighborhoods, while cafe density trails the region. For investors, this mix supports convenience for residents without relying on destination retail. School ratings are competitive among Sherman–Denison neighborhoods, aligning with a family-friendly renter profile.
Within a 3‑mile radius, the current renter concentration at the neighborhood level is moderate, indicating depth for workforce housing. WDSuite’s multifamily property research shows the local rent-to-income relationship sits near national medians, which can aid lease retention and limit turnover risk management needs. Median home values are comparatively accessible for the region, which can introduce competition from ownership options, but also helps sustain steady in-migration as the area grows.
Demographic data aggregated within 3 miles points to a larger tenant base over the next five years, with projections for population growth and an increase in households by 2028. A rising share of younger adults alongside expanding household counts typically supports renter pool expansion and helps stabilize occupancy through cycles.
Comparable crime statistics for this neighborhood are not available in WDSuite’s current release, so we avoid block-level conclusions. Investors should benchmark property operations and security practices against broader Sherman–Denison suburban norms and track city and county reporting for trend confirmation.
- Raytheon Company — defense & aerospace offices (34.7 miles)
- J.C. Penney — retail corporate (40.7 miles) — HQ
- Alliance Data Systems — marketing & fintech (40.7 miles) — HQ
- Yum China Holdings — restaurant group corporate (41.1 miles) — HQ
- Dr Pepper Snapple Group — beverages corporate (41.3 miles) — HQ
Regional employers within commuting distance support renter demand for workforce housing, including defense/aerospace, retail headquarters, and consumer brands with corporate offices noted below.
This 40‑unit asset benefits from neighborhood fundamentals that rank in the top quartile among 50 metro neighborhoods for overall performance and occupancy, providing a favorable backdrop for income stability. Within a 3‑mile radius, projections indicate population growth and more households by 2028, expanding the tenant base and supporting steady leasing. According to CRE market data from WDSuite, neighborhood rent levels and rent-to-income positioning are near national medians, reinforcing retention while allowing disciplined revenue management.
Local daily-needs access (grocery, pharmacy, parks) outperforms metro peers, a practical advantage for workforce renters. While comparatively accessible home values can create ownership competition, anticipated household growth and a moderate renter concentration point to sustained demand for well-managed multifamily. Investors should underwrite to typical suburban velocity and monitor shifts in household income mix as rents trend with regional growth.
- Top-quartile neighborhood occupancy supports lease stability (neighborhood metric, not property-specific).
- 3‑mile projections show population and household growth, enlarging the renter pool by 2028.
- Rent-to-income positioning near national medians aids pricing power with measured retention risk.
- Strong access to daily-needs amenities (grocery, pharmacy, parks) supports resident convenience and retention.
- Risk: accessible ownership options may compete with rentals; maintain value proposition via operations and finishes.