| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 32nd | Poor |
| Demographics | 5th | Poor |
| Amenities | 0th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1301 S Salinas St, Donna, TX, 78537, US |
| Region / Metro | Donna |
| Year of Construction | 2007 |
| Units | 76 |
| Transaction Date | 2019-05-24 |
| Transaction Price | $51,900 |
| Buyer | GONZALEZ GONZALO |
| Seller | BON VIEJO ESTATES II LP |
1301 S Salinas St Donna Multifamily Opportunity
2007-vintage, 76-unit asset positioned for stable renter demand in a rural Hidalgo County location where neighborhood occupancy trends sit in the mid‑80s, according to WDSuite’s CRE market data. Newer construction relative to local stock supports competitive positioning while keeping capital planning focused on targeted upgrades rather than full repositioning.
This Donna, Texas location is a rural submarket with limited neighborhood amenities, so residents typically rely on auto access for daily needs. The property’s 2007 vintage is newer than the area’s average 1990s construction, which can help leasing versus older comparables while still warranting periodic system upgrades over a long hold.
Neighborhood occupancy is measured at the neighborhood level (not the property) and trends around the mid‑80s, signaling workable demand but with leasing that may require proactive management. Rent-to-income readings indicate relatively low affordability pressure, which can aid retention and reduce delinquency risk, though it may also temper near-term pricing power.
Within a 3‑mile radius, households have grown in recent years and are projected to increase further alongside rising incomes, expanding the renter pool and supporting occupancy stability. WDSuite’s commercial real estate analysis places this neighborhood among the lower-ranked areas in the McAllen‑Edinburg‑Mission metro out of 205 neighborhoods, underscoring the importance of underwriting conservative lease-up and renewal assumptions.
Owner-occupied housing remains prevalent today, but WDSuite data indicates the share of renter-occupied units is expected to rise locally by 2028. For investors, that shift suggests a deeper tenant base for workforce housing even as homeownership remains relatively accessible in the area, which can introduce competition with entry-level ownership options.
Neighborhood-level safety metrics for this area are limited in the available WDSuite dataset, and crime can vary by block. Investors should benchmark this location against broader Hidalgo County and McAllen‑Edinburg‑Mission trends and confirm on-the-ground conditions with local law enforcement reports and insurance quotes as part of diligence.
Employment nearby is anchored by logistics, printing services, and telecommunications operations, which can support renter demand through commute convenience for hourly and shift-based workers.
- United Parcel Service — logistics (10.8 miles)
- R R Donnelley & Sons — printing services (13.9 miles)
- Dish Network — telecommunications (23.7 miles)
Built in 2007 with 76 units averaging roughly 940 square feet, the asset offers a newer profile than much of the local stock, supporting competitive leasing with targeted modernization rather than heavy renovation. Neighborhood occupancy trends in the mid‑80s and a rising share of renter-occupied units point to a durable tenant base, while relatively low rent-to-income levels can aid renewal retention. According to CRE market data from WDSuite, the surrounding neighborhood scores lower within the metro, so conservative underwriting on concessions and lease-up velocity remains prudent.
Demographic statistics aggregated within a 3‑mile radius show recent household growth with projections for further increases and higher incomes by 2028, indicating renter pool expansion that can support long-term occupancy and cash flow consistency. The rural setting and more accessible ownership costs suggest steady workforce demand, balanced by potential competition from entry-level ownership options.
- 2007 construction provides competitive positioning versus older local stock with manageable capex and selective upgrade upside
- Neighborhood-level occupancy in the mid‑80s supports stable leasing with active management focus
- 3‑mile area shows household and income growth, supporting renter pool expansion and retention
- Workforce-oriented location with proximity to logistics and services employers for commute convenience
- Risks: rural amenity depth, lower metro neighborhood ranking, and potential competition with entry-level ownership