| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 53rd | Fair |
| Demographics | 51st | Fair |
| Amenities | 19th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2300 Junction Hwy, Kerrville, TX, 78028, US |
| Region / Metro | Kerrville |
| Year of Construction | 1999 |
| Units | 36 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2300 Junction Hwy, Kerrville TX Multifamily Investment Snapshot
Neighborhood occupancy sits around the high-80s and renter demand is supported by steady household growth nearby, according to WDSuite’s CRE market data.
Kerrville’s suburban setting offers balanced fundamentals for workforce and lifestyle renters. The neighborhood’s occupancy is measured for the neighborhood (not this property) and trends in the high-80s, placing it above the metro median among 24 Kerrville neighborhoods and roughly middle of the pack nationally. A moderate renter-occupied share (measured at the neighborhood level) indicates a meaningful tenant base while avoiding over-concentration, supporting leasing stability.
Amenities are serviceable rather than dense. Grocery access ranks competitively (ranked 5 out of 24 metro neighborhoods; above national median), while cafes, parks, and pharmacies are thinner in the immediate area. Restaurant availability is moderate (ranked 6 of 24). These patterns suggest residents rely on a mix of nearby corridors and short drives for daily needs.
Schools are a relative strength: the neighborhood’s average school rating sits near the top locally (ranked 3 of 24) and in the top quartile nationally (84th percentile). This can reinforce family renter demand and reduce turnover risk, particularly for larger units.
Within a 3-mile radius, demographics show population growth over the last five years and a notable increase in households, pointing to a larger tenant base and added support for occupancy. Projections through the next five years indicate continued gains in households and incomes, which can underpin rent performance and renewal capture. Median home values in the neighborhood are moderate versus national norms, so ownership is relatively accessible compared to high-cost markets; investors should consider that this can introduce some competition with for-sale options, while rent-to-income levels around the low teens support retention and lease management.
Safety indicators are mixed but generally align near the national middle. Overall crime for the neighborhood ranks near the metro median (13th out of 24 Kerrville neighborhoods), while national positioning is close to average. Violent incident measures compare favorably versus many U.S. neighborhoods (around the upper half nationally), suggesting relatively better outcomes on more severe categories. Property-related incidents show more variability year over year, so investors should underwrite with current comps and consider standard security and lighting upgrades as part of operating plans.
This 36-unit asset is positioned in a suburban Kerrville submarket where neighborhood occupancy is in the high-80s and household growth within 3 miles expands the renter pool. According to CRE market data from WDSuite, schools score well locally and nationally, which can support family-oriented demand and lease retention. Moderate home values may introduce some competition with ownership, but rent-to-income levels in the neighborhood suggest manageable affordability pressure that can sustain renewals.
Amenity density is lighter for cafes, parks, and pharmacies, balanced by competitive grocery access and serviceable restaurant options. Forward-looking demographics within 3 miles point to continued increases in households and incomes, which can support occupancy stability and measured rent growth relative to metro peers.
- Neighborhood occupancy above the metro median supports baseline stability
- Stronger school ratings (top tier locally; top quartile nationally) aid retention
- 3-mile household and income growth expands the tenant base
- Moderate ownership costs imply some competition with for-sale housing
- Lighter cafe/park/pharmacy density and variable property-crime trends warrant prudent underwriting