| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 33rd | Poor |
| Demographics | 17th | Fair |
| Amenities | 59th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 301 Silver Ave, Donna, TX, 78537, US |
| Region / Metro | Donna |
| Year of Construction | 1976 |
| Units | 59 |
| Transaction Date | 2017-01-23 |
| Transaction Price | $53,100 |
| Buyer | VILLARREAL GABRIEL LEE |
| Seller | SOUTHERN VIBE ENTERPRISES L P |
301 Silver Ave Donna, TX Multifamily Investment
Neighborhood renter concentration and everyday amenities suggest a durable tenant base even as local occupancy trends run below the metro median, according to WDSuite’s CRE market data.
Located in Donna’s Inner Suburb, the neighborhood is rated B and ranks 88 out of 205 metro neighborhoods—above the McAllen-Edinburg-Mission median. Household amenities skew practical: grocery access ranks 21 of 205 and restaurants 28 of 205, while parks and cafes are limited. Average school ratings sit near the national midpoint and are competitive among metro peers (rank 62 of 205), which helps support family-oriented leasing.
The property’s 1976 vintage is older than the neighborhood’s average 1988 construction year. Investors should plan for capital projects and targeted renovations; in return, refreshed interiors and systems can help the asset compete against newer stock and support rent growth upon turnover.
Renter-occupied housing accounts for 41.4% of neighborhood units (top quartile among 205 metro neighborhoods and above the national median), indicating depth in the local tenant pool and potential leasing stability for a 59‑unit asset. Neighborhood occupancy is below the metro median, so disciplined marketing and renewal management remain important to sustain performance.
Within a 3‑mile radius, recent population and family counts edged down, but WDSuite data indicates a forward inflection with projected population growth and a sizable increase in households over the next five years. A rising share of renter households is also forecast, pointing to a larger tenant base and reinforcing multifamily demand. With contract rents in this area positioned at the lower end of the metro and national landscape, lease retention can benefit, though pricing power should be approached market-by-market with careful commercial real estate analysis.
Home values in the neighborhood are comparatively low, which can introduce competition from ownership options. For multifamily investors, this dynamic underscores the importance of value, convenience, and quality-of-life features to sustain renewals and mitigate move-outs to entry-level ownership.
Neighborhood crime metrics are not available for this location in the current WDSuite release. Investors typically benchmark neighborhood safety against metro and national figures when reported; lacking that data, it’s prudent to reference additional public sources and operator experience to contextualize resident retention and leasing risk.
Nearby corporate offices provide a steady regional employment base that supports renter demand and commute convenience, notably in logistics, printing, and telecommunications—specifically United Parcel Service, R R Donnelley & Sons, and Dish Network.
- United Parcel Service — package logistics (9.6 miles)
- R R Donnelley & Sons — commercial printing (13.0 miles)
- Dish Network — telecommunications (24.6 miles)
This 59‑unit, 1976 asset aligns with a renter-heavy neighborhood profile and practical amenity access, supporting day‑to‑day livability for value-seeking tenants. While neighborhood occupancy trends sit below the metro median, the area’s above-median renter concentration, competitive school positioning within the metro, and improving forward demographic outlook within a 3‑mile radius suggest a path to stable absorption with focused operations and selective upgrades—especially where value‑add can close the gap versus 1980s and newer stock.
According to CRE market data from WDSuite, rents in the immediate area are positioned at the lower end of the metro and national range, aiding retention but requiring disciplined revenue management to balance affordability pressure with renovation-driven premiums. Low local home values can increase competition from ownership, making product quality, maintenance, and convenience key levers for demand capture and renewal strength.
- Older 1976 vintage offers value‑add and systems upgrade potential to improve competitive positioning
- Above‑median renter concentration supports a deeper tenant pool and leasing stability
- Practical amenity access (strong groceries/restaurants) and metro‑competitive schools aid retention
- Forward 3‑mile household growth outlook expands the renter base, supporting occupancy over time
- Risks: below‑median neighborhood occupancy and low ownership costs nearby require disciplined leasing, retention, and renovation strategy