| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 45th | Fair |
| Demographics | 15th | Poor |
| Amenities | 48th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 520 Laredo St, Navasota, TX, 77868, US |
| Region / Metro | Navasota |
| Year of Construction | 1985 |
| Units | 40 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
520 Laredo St, Navasota TX Multifamily Investment
Neighborhood fundamentals point to steady renter demand and improving occupancy, according to WDSuite’s CRE market data, with a renter-occupied presence that supports a consistent tenant base.
Located in Navasota’s Inner Suburb setting, the property benefits from a neighborhood that is competitive among Grimes County neighborhoods (ranked 5 out of 18) with an A- rating. For investors, this positioning suggests solid livability and demand drivers relative to nearby areas without paying core pricing.
Daily-needs access is a local strength: grocery options and parks score above national norms, and childcare availability is comparatively strong. By contrast, the immediate area has fewer cafes and pharmacies, which may modestly limit lifestyle convenience but also aligns the submarket with workforce housing dynamics and cost-sensitive renters.
For rental performance, neighborhood occupancy has trended upward over the past five years, supporting stability, while a meaningful share of housing units are renter-occupied—an indicator of tenant base depth rather than individual preference. Median asking rents and home values sit below national norms, which can underpin retention and lease-up velocity, though more accessible ownership options may create some competition at certain price points.
Demographic indicators (aggregated within a 3-mile radius) point to a predominantly workforce profile with lower median household incomes and a rising average household size. These patterns typically favor demand for practical, smaller-format rentals and can support occupancy consistency through economic cycles, based on commercial real estate analysis trends seen in similar markets.
Comparable neighborhood-level crime statistics were not available in the dataset provided. Investors should benchmark local safety conditions against Grimes County and nearby metros, assessing multi-year trends and property-level measures to contextualize resident experience and potential retention impacts.
Regional employment centers within commuting distance underpin renter demand, with energy, healthcare distribution, and enterprise technology offices offering diversified job bases for workforce tenants.
- National Oilwell Varco — energy equipment (40.0 miles)
- Hewlett Packard Enterprise Customer Engagement Center — enterprise technology (41.4 miles)
- McKesson Specialty Health — healthcare distribution (41.5 miles)
- Anadarko Petroleum — energy exploration (41.5 miles) — HQ
Built in 1985, the asset offers potential value-add and capital planning opportunities typical of mid-1980s construction, including modernization of interiors and selective systems upgrades to improve competitive positioning versus older stock. The neighborhood shows upward-trending occupancy and a meaningful renter-occupied presence, supporting leasing stability for smaller-format units geared to workforce tenants. According to CRE market data from WDSuite, local amenity access skews toward daily needs (groceries, parks, childcare), which can reinforce retention even as lifestyle amenities remain limited.
Relative affordability—reflected in below-national rent and home value benchmarks—can help sustain demand and pricing resiliency, though more accessible ownership options may cap rent growth in certain vintages and unit sizes. With regional employers accessible by car, the location can serve tenants seeking value within commuting reach, provided management strategies account for household budgets and lease retention.
- 1985 vintage offers clear renovation and operational upside to enhance competitiveness
- Upward-trending neighborhood occupancy supports stable leasing and retention
- Workforce-oriented demand profile aligns with smaller-format units and value positioning
- Daily-needs amenities (groceries, parks, childcare) support resident stickiness
- Risks: below-average school ratings and some competition from accessible ownership may temper rent growth