| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 38th | Fair |
| Demographics | 49th | Good |
| Amenities | 50th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2610 Houston St, Kilgore, TX, 75662, US |
| Region / Metro | Kilgore |
| Year of Construction | 2003 |
| Units | 32 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2610 Houston St Kilgore Multifamily Investment Opportunity
Neighborhood occupancy has held in the mid‑80% range, supporting steady renter demand according to WDSuite’s CRE market data, while rents remain comparatively manageable for local incomes. Positioning focuses on durable cash flow with downside managed by fundamentals rather than momentum.
Rated A and ranked 10 out of 130 within the Longview, TX metro, the neighborhood sits in the top quartile among metro neighborhoods, per commercial real estate analysis from WDSuite. Amenity access trends near the national middle overall, with childcare, parks, pharmacies, and grocery options testing above national medians, while café density is limited—an expected pattern for a rural setting.
Renter affordability looks favorable: neighborhood rent-to-income sits in a stronger national position (top quartile), which can support retention and pricing discipline even as macro conditions fluctuate. By contrast, neighborhood occupancy trends are softer versus national norms, suggesting an emphasis on leasing execution and asset-level amenities to capture demand that exists but is more selective.
Within a 3-mile radius, household incomes have risen, and WDSuite’s data shows a projected increase in households and population over the next five years. That expansion implies a larger tenant base and supports occupancy stability, even with changing household sizes. At the same time, the area’s renter concentration—about one-quarter of housing units being renter-occupied—indicates a moderate but reliable pool for multifamily demand.
Median contract rents in the neighborhood sit around the national mid-range, while home values are lower than many U.S. markets. In practice, this creates a landscape where ownership is comparatively accessible for some households, yet multifamily remains relevant due to renter affordability and convenience—factors that tend to underpin lease retention in workforce-oriented submarkets.
Comparable neighborhood-level crime metrics are not available in WDSuite’s dataset for this location. Investors typically benchmark safety using city and county trends and rely on on-the-ground diligence to understand micro‑location dynamics and how they may influence tenant retention and leasing velocity.
The employment base nearby includes distribution and corporate office roles that can support steady renter demand and commute convenience for workforce tenants, specifically the employer listed below.
- Sysco — corporate offices (8.5 miles)
Built in 2003, the asset is newer than much of the surrounding housing stock and should compete well against older properties while leaving room for targeted modernization as systems age. According to CRE market data from WDSuite, neighborhood rent-to-income levels are comparatively favorable, a supportive backdrop for lease retention, while occupancy trends are softer than national norms—making asset-level operations and leasing strategy important value drivers.
Neighborhood fundamentals test above the metro median with balanced amenity access. Within a 3-mile radius, WDSuite projects growth in population and households, implying renter pool expansion that can aid occupancy stability and long-term cash flow, provided underwriting accounts for measured lease-up and ongoing demand capture.
- 2003 vintage competes well versus older local stock; selective upgrades can enhance positioning
- Favorable rent-to-income dynamics support retention and disciplined rent setting
- Projected growth in 3-mile population and households expands the tenant base over time
- Balanced amenity access (childcare, parks, grocery, pharmacy) supports daily living for renters
- Risk: neighborhood occupancy trails national norms, requiring focused leasing and asset management