| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 64th | Best |
| Demographics | 59th | Best |
| Amenities | 40th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 187 S Lhs Dr, Lumberton, TX, 77657, US |
| Region / Metro | Lumberton |
| Year of Construction | 2004 |
| Units | 102 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
187 S Lhs Dr, Lumberton TX Multifamily Investment
Neighborhood occupancy is reported at full capacity and renter affordability appears manageable, according to WDSuite’s CRE market data. For investors, the area’s stable tenancy backdrop points to steady leasing conditions rather than outsized volatility.
The property sits in an A-rated, suburban neighborhood that is competitive among Beaumont-Port Arthur neighborhoods (ranked 8 out of 139 in the metro). Neighborhood-level occupancy is reported at 100%, and this refers to the broader area, not the property itself—an indicator of tight local leasing conditions that can support rent collections and retention.
Local amenities skew practical over trendy. Parks and outdoor access track in the top quartile nationally, and pharmacies are above the metro median, while restaurants and cafes are thinner relative to denser urban submarkets. Schools test slightly above the metro median as well. Taken together, these elements align with stable, suburban renter demand rather than lifestyle-driven turnover, based on commercial real estate analysis from WDSuite.
At the neighborhood level, renter-occupied housing comprises roughly one-quarter of units, suggesting a predominantly owner-occupied area with a defined but not oversized renter pool. For multifamily investors, that typically translates to steadier household profiles and potential lease duration stability, though marketing may need to be targeted to capture the available renter segment.
Ownership costs are elevated locally relative to many U.S. neighborhoods, which can sustain reliance on rental options and support pricing power without pushing rent-to-income ratios into excessive affordability pressure. Within a 3-mile radius, population and households have grown over the past five years and are projected to continue increasing, indicating a larger tenant base that can help support occupancy and leasing velocity going forward.
Neighborhood-level crime metrics for this area are not available in WDSuite s current dataset. Investors typically evaluate safety by benchmarking city and county trends, touring at different times of day, and reviewing any available third-party reports. Use a comparative lens—contrast conditions with nearby Beaumont-Port Arthur neighborhoods—when assessing potential impacts on leasing, insurance, and operating expenses.
This 102-unit asset is positioned in a suburban, A-rated neighborhood with tight area occupancy and solid household fundamentals. The area s rent-to-income profile suggests manageable affordability pressure, supporting tenant retention. According to CRE market data from WDSuite, local amenities favor parks and daily needs over lifestyle density, which can underpin stable, needs-based renter demand.
Demand drivers are reinforced by a predominantly owner-occupied landscape at the neighborhood level and expanding 3-mile demographics, pointing to a growing renter base even as lifestyle amenities remain modest. Investors should underwrite to steady occupancy with measured rent growth, recognizing that NOI performance locally trends below national levels.
- Tight neighborhood occupancy supports leasing stability (neighborhood metric, not property-specific).
- Rent-to-income levels indicate manageable affordability pressure, aiding retention.
- Parks/pharmacy access and suburban setting favor needs-based, stickier tenancy.
- 3-mile population and household growth expand the tenant base and support occupancy.
- Risk: Renter share is modest and local NOI per unit trails national averages; amenities are less dense than urban cores.