| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 38th | Fair |
| Demographics | 49th | Good |
| Amenities | 50th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 400 Pine Burr Ln, Kilgore, TX, 75662, US |
| Region / Metro | Kilgore |
| Year of Construction | 1985 |
| Units | 52 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
400 Pine Burr Ln, Kilgore TX Multifamily Investment
Positioned in a rural pocket of the Longview metro with stable renter demand supported by affordability, according to WDSuite’s CRE market data. The area’s tenant cost burden is comparatively light, which can aid retention even as leasing conditions ebb and flow.
The property sits within a rural neighborhood of the Longview, TX metro that ranks 10 out of 130 neighborhoods overall (A rating), placing it in the top quartile locally. Amenity access is competitive for a low-density area, with grocery, parks, childcare, and pharmacies accessible by short drives; cafes are limited, and restaurants are modestly represented. Based on CRE market data from WDSuite, the neighborhood s amenity profile is competitive among Longview neighborhoods while tracking near national midrange.
Neighborhood occupancy is below the metro median and trails the national midrange, indicating some leasing friction at the neighborhood level rather than at this specific property. However, rent-to-income sits in a favorable range locally, supporting pricing resilience and lease retention. Median home values are moderate for Texas, which can create some competition from ownership options, but rental living remains a more accessible path for many households, helping sustain the renter pool.
Tenure patterns point to a smaller renter base: within a 3-mile radius, roughly one-fifth of housing units are renter-occupied. For investors, that implies a more targeted tenant pool rather than broad urban-style depth; leasing strategies often center on value, convenience, and service to retain residents over longer terms.
Demographics aggregated within 3 miles show a recently flat population with fewer households than five years ago, but forecasts indicate notable population growth and a meaningful increase in household counts over the next five years. A larger household size is also expected, which can translate into a bigger renter pool and support for occupancy stability if property positioning and unit mix align with family-oriented demand.
Comparable neighborhood-level crime data are limited for this location in the Longview metro, and WDSuite does not provide a definitive rank among the 130 metro neighborhoods or a national percentile for this area. Investors typically triangulate safety conditions using multiple sources, including city reports and onsite observations, and consider their impact on leasing velocity, resident retention, and operating practices.
Practical measures such as lighting, access control, and community engagement can help mitigate risk and support resident satisfaction. As with any submarket, monitoring trend direction over time is more informative for underwriting than any single data point.
Employment in the broader Longview-Kilgore area skews toward distribution, energy services, and regional corporate functions that support steady commuter traffic and workforce housing demand. Nearby, Sysco represents a distribution-oriented employer that can underpin day-to-day renter demand.
- Sysco corporate offices & distribution (7.4 miles)
This Kilgore asset benefits from a rural location that ranks in the top quartile among 130 Longview metro neighborhoods, paired with a renter cost profile that is comparatively light relative to incomes. According to CRE market data from WDSuite, neighborhood occupancy trends sit below the metro median, but affordability and moderate home values point to durable, value-driven renter demand for well-managed product.
Within a 3-mile radius, the renter base is smaller than in dense urban cores, which concentrates leasing on workforce households and families. Forward-looking demographics indicate rising population and household counts, suggesting potential renter pool expansion that can support occupancy stability and measured rent growth for competitively positioned units.
- Top-quartile neighborhood standing in the Longview metro supports location fundamentals
- Favorable rent-to-income dynamics reinforce retention and pricing flexibility
- Forecast population and household growth within 3 miles expands the tenant base
- Moderate ownership costs sustain reliance on rentals among value-seeking households
- Risk: Neighborhood occupancy trends below metro median require hands-on leasing and asset positioning