| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 38th | Fair |
| Demographics | 48th | Best |
| Amenities | 45th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2200 Beaumont Ave, McAllen, TX, 78501, US |
| Region / Metro | McAllen |
| Year of Construction | 2010 |
| Units | 36 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2200 Beaumont Ave, McAllen TX Multifamily Investment
Positioned in an Inner Suburb with a high renter-occupied share at the neighborhood level, the asset benefits from a broad tenant base even as neighborhood occupancy trends have been mixed, according to WDSuite’s CRE market data.
This Inner Suburb location offers everyday convenience with strong proximity to necessities. Grocery access ranks 4th among 205 metro neighborhoods (top quartile nationally), and restaurant density is competitive in the metro as well. By contrast, parks, pharmacies, and cafes are scarce locally, so on-site amenities and resident services can play a larger role in retention and leasing.
Neighborhood schools benchmark well, with an average rating at the 100th percentile nationally and the top rank among 205 metro neighborhoods. For workforce-oriented multifamily, stronger school performance can support lease stability for family renters and reduce turnover.
The property’s 2010 vintage is newer than the neighborhood’s average construction year of 1981. That positioning can be advantageous versus older local stock; investors should still plan for system updates and targeted common-area refreshes to maintain competitiveness.
Tenure data indicates a high concentration of renter-occupied housing at the neighborhood level, supporting depth of demand for apartments. Within a 3-mile radius, households have grown even as population edged down, implying smaller average household sizes and a modest expansion of the renter pool. Looking ahead, 3-mile forecasts call for notable growth in households by 2028, which should help support occupancy and absorption. Median contract rents in the 3-mile area are projected to rise, while rent-to-income metrics at the neighborhood level point to some affordability pressure—suggesting a measured approach to renewals and lease management.
Comparable crime metrics for this neighborhood were not available in the provided dataset. Investors typically benchmark neighborhood safety against metro and national trends using multiple sources; we recommend reviewing recent city and county reports alongside property-level security practices to understand operating implications for leasing and retention.
Nearby employers provide a diversified employment base that supports renter demand through commute convenience, particularly for logistics and business services roles referenced below.
- United Parcel Service — logistics and distribution (2.7 miles)
- R R Donnelley & Sons — business services/printing (4.2 miles)
- Dish Network — telecommunications services (35.8 miles)
This 36-unit asset built in 2010 is relatively new versus the neighborhood’s older housing stock, offering a competitive edge against 1980s-era properties while leaving room for targeted value-add. The neighborhood shows a high share of renter-occupied units, which supports a broad tenant base, though neighborhood occupancy has been softer and warrants conservative underwriting. Amenity access skews toward strong daily needs (notably groceries and dining) but fewer recreational options, making on-site features and management a lever for retention. Based on CRE market data from WDSuite, 3-mile trends indicate households are set to expand into 2028 and median rents are expected to rise—tailwinds that can support steady absorption and pricing, balanced against affordability considerations.
Investor focus points: leverage the newer vintage to command a quality premium over older comparables, calibrate renewal strategies to local rent-to-income conditions, and emphasize operations and community programming to offset limited neighborhood recreation and lift retention.
- 2010 vintage outpositions older neighborhood stock, with potential to capture a quality premium through selective upgrades.
- High renter-occupied share at the neighborhood level supports tenant demand and leasing depth.
- 3-mile household growth and projected rent gains provide medium-term support for occupancy and pricing.
- Daily-need amenities are strong nearby; limited parks/cafes increase the importance of on-site resident experience.
- Risk: neighborhood occupancy trends are softer and rent-to-income levels suggest careful renewal and rent-setting strategy.