| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 33rd | Poor |
| Demographics | 9th | Poor |
| Amenities | 18th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 402 Hinojosa Dr, Edcouch, TX, 78538, US |
| Region / Metro | Edcouch |
| Year of Construction | 2001 |
| Units | 34 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
402 Hinojosa Dr, Edcouch TX Multifamily Investment
Neighborhood occupancy is steady and renter-occupied housing sits at roughly one-third of units, supporting a stable tenant base according to WDSuite’s CRE market data.
The property sits in a rural pocket of the McAllen–Edinburg–Mission metro where day-to-day conveniences are limited within the immediate neighborhood but accessible by short drives. Amenity density ranks 133rd among 205 metro neighborhoods, indicating fewer nearby retail and leisure options; investors should underwrite for commute-to-amenity patterns rather than walkability.
From an operations standpoint, the neighborhood’s occupancy performance is above the metro median (rank 96 of 205), suggesting comparatively stable leasing conditions versus many local peers. Renter-occupied share at the neighborhood level is about one-third, which points to a meaningful, if modest, renter base for small and mid-size multifamily assets. Rent-to-income sits in a higher national percentile, implying relatively manageable rent burdens that can aid retention and reduce turnover risk.
Demographic indicators aggregated within a 3-mile radius show population has contracted in recent years, with forecasts pointing to fewer people but more households and smaller average household sizes. For multifamily, this often translates into a broader count of households competing for units even as overall headcount declines, a dynamic that can support occupancy stability for efficient floor plans.
Home values in the neighborhood are low in national context, which can introduce competition from ownership alternatives; however, elevated rent affordability (relative to incomes) supports lease retention for renters prioritizing lower monthly payments. Average school ratings track below national medians, which family-oriented demand should factor into leasing mix assumptions and marketing strategy.
Vintage matters locally: the neighborhood’s average construction year is 1986, while this asset was built in 2001. The newer vintage enhances competitiveness versus older stock, though investors should still plan for targeted systems updates and light modernization to maintain positioning.
WDSuite does not report comparable crime ranks or national percentiles for this neighborhood at this time. Investors typically benchmark safety by reviewing multi-year trends at the neighborhood and city levels and comparing them with metro-wide patterns to understand whether conditions are improving or diverging from regional norms.
Given the rural setting, on-the-ground diligence (e.g., drive-bys at different times, property management feedback, and local public safety reports) can help contextualize resident experience and leasing risk without over-reliance on single-year snapshots.
Regional employment is diversified across logistics and communications, providing commute-accessible jobs that support renter demand and renewal prospects for workforce-oriented units. Notable employers within driving distance include United Parcel Service, Dish Network, and R R Donnelley & Sons.
- United Parcel Service — logistics (16.6 miles)
- Dish Network — telecommunications services (18.6 miles)
- R R Donnelley & Sons — printing & business services (22.35 miles)
Built in 2001 with 34 units averaging efficient layouts, the property competes favorably against an older neighborhood baseline while still benefiting from pragmatic upgrades to sustain rentability. Neighborhood occupancy trends sit above the metro median, and rent-to-income positioning suggests manageable affordability pressure that can support lease retention and operational stability, based on CRE market data from WDSuite.
Investor underwriting should account for a rural amenity context, lower school ratings, and ownership alternatives that are more attainable than in high-cost markets. At the same time, a measurable renter concentration, a diversified regional employment base within commuting range, and smaller projected household sizes (3-mile radius) point to ongoing demand for compact, value-oriented units.
- 2001 vintage outcompetes older local stock; plan targeted systems and interior updates for continued positioning.
- Neighborhood occupancy above metro median supports steady leasing and revenue visibility.
- Rent-to-income profile indicates manageable affordability pressure that can aid retention.
- Commute-accessible employers in logistics and communications help sustain workforce renter demand.
- Risks: limited nearby amenities, below-average school ratings, and competition from lower-cost ownership options.