| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 44th | Good |
| Demographics | 42nd | Good |
| Amenities | 59th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 600 Woodlawn St, Sulphur Springs, TX, 75482, US |
| Region / Metro | Sulphur Springs |
| Year of Construction | 1990 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
600 Woodlawn St, Sulphur Springs Multifamily Investment
Neighborhood occupancy and renter demand appear steady relative to the metro, according to WDSuite’s CRE market data, with a renter-occupied housing share that ranks among the stronger concentrations locally. Positioning in a practical price band may support retention and leasing velocity.
The property sits in an A-rated neighborhood that ranks 2 out of 21 within the Sulphur Springs metro, indicating competitive positioning among local neighborhoods. Amenity access is generally above national averages — parks are in the top quartile nationally, and cafés, childcare, groceries, and restaurants all score above mid-pack — which typically supports daily convenience and resident satisfaction. Pharmacy access is comparatively limited based on national percentiles, an operational consideration for tenant services.
Neighborhood occupancy is near the metro median (rank 10 of 21), suggesting a stable baseline for leasing, while the share of housing units that are renter-occupied ranks 5 of 21 — a relatively high renter concentration for the metro that can deepen the local tenant base. Median rent levels are positioned below national medians per WDSuite’s commercial real estate analysis, and the rent-to-income profile indicates manageable affordability pressures that can aid retention.
Within a 3-mile radius, the population has grown modestly with households increasing and projected to expand further, pointing to a larger tenant base over the next several years. Income distributions are diversifying, and median incomes are trending upward, which can support gradual rent growth while keeping affordability within reach for a broad renter pool.
The average neighborhood construction vintage skews older (1960s). With a 1990 construction year, this asset is newer than much of the surrounding stock, which may offer competitive positioning versus older properties. Investors should still plan for routine system updates and targeted renovations to maintain leasing strength over time.
Comparable neighborhood crime data is not available in this dataset. Investors typically benchmark safety by reviewing neighborhood rankings against the 21 neighborhoods in the Sulphur Springs metro and national percentiles when data is present, focusing on multi-year trends rather than single-year snapshots. Absent current figures, a prudent approach is to supplement with local public sources and historical trend reviews to contextualize risk without making block-level claims.
Nearby employment centers contribute to commute convenience for residents, supporting leasing stability; however, specific anchor employers with verified distances are not available in this dataset.
This 24-unit asset built in 1990 offers a smaller-average unit profile, aligning with value-oriented renter demand in a neighborhood that is competitively ranked within the Sulphur Springs metro. Based on CRE market data from WDSuite, local occupancy trends sit near the metro median while renter concentration is comparatively high, supporting depth of the tenant base. Positioned in a moderate rent band with a balanced rent-to-income profile, the property can compete on attainability and retention.
Demographics within a 3-mile radius show modest population growth, rising household counts, and projections for further gains — all supportive of occupancy stability and renewal potential. Given the older surrounding stock, the 1990 vintage provides relative competitiveness, though targeted capital planning for modernization can unlock value and sustain leasing against older comparables.
- Competitive neighborhood rank (2 of 21) supports demand fundamentals and leasing visibility.
- Renter-occupied housing share ranks high locally, indicating a deeper tenant pool for multifamily.
- Moderate rent positioning and manageable rent-to-income profile aid retention and pricing discipline.
- 1990 vintage is newer than much of the area’s stock, with value-add potential through selective upgrades.
- Risks: smaller market scale and limited pharmacy access; occupancy trends near metro median require active leasing management.