| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 30th | Best |
| Demographics | 28th | Good |
| Amenities | 33rd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 934 E 14th St, Littlefield, TX, 79339, US |
| Region / Metro | Littlefield |
| Year of Construction | 1978 |
| Units | 48 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
934 E 14th St Littlefield Multifamily with Stable Occupancy
Neighborhood occupancy has trended steady and improved in recent years, according to WDSuite’s CRE market data, suggesting a supportive backdrop for lease retention at this address. Metrics reflect neighborhood conditions, not the property, and point to durable renter demand in a rural setting.
This Littlefield neighborhood carries an A rating and ranks 2 out of 9 areas in Lamb County—competitive among Lamb County neighborhoods—supported by steady occupancy and everyday amenities. Grocery access is comparatively strong for a rural area (ranked 1 of 9 locally), and cafes are present at a level that sits in the upper half of neighborhoods nationwide. Park and pharmacy access are limited, which may require operators to emphasize on-site convenience features to support resident satisfaction.
Renter-occupied share in the neighborhood is moderate, indicating a defined tenant base that can support multifamily leasing while still competing with local ownership options. Neighborhood occupancy is reported at 92.4% with a positive five-year trend, which supports a case for stability in rent rolls relative to similar rural submarkets. Median contract rents trend on the lower end nationally, which can help sustain absorption and reduce turnover risk in value-oriented product.
Within a 3-mile radius, population and household counts have grown over the last five years, pointing to a larger tenant base and healthier demand funnel for multifamily. Household incomes have also improved, reinforcing the ability to absorb rent levels without outsized affordability pressure; the neighborhood’s rent-to-income ratio sits in a favorable national percentile, a potential positive for retention and collections.
Home values are comparatively low versus national norms, which can introduce competition from more accessible ownership options. For operators, this typically means focusing on service, convenience, and flexible leasing to preserve pricing power. School quality averages trail national benchmarks, which may influence family-oriented demand but is less material for workforce housing strategies.
Neighborhood-level safety statistics are not available in this dataset. Investors commonly benchmark against county and regional trends and emphasize property-level measures (lighting, access control, resident screening) to support leasing and retention. When new data becomes available, comparing the area to Lamb County peers and national percentiles can help clarify relative safety positioning without relying on block-level claims.
The broader employment base is oriented toward regional services and light industrial, offering workforce housing demand within commuting distance. Below are representative nearby employers that can contribute to steady renter pipelines.
- Airgas Store — industrial gases distribution (33.9 miles)
Built in 1978, this 48-unit asset in Littlefield presents a value-oriented play supported by steady neighborhood occupancy and a growing renter pool within a 3-mile radius. The vintage implies potential for targeted capital projects and interior updates that can enhance positioning versus older competing stock, while modest median rents locally help sustain absorption. Based on commercial real estate analysis from WDSuite, the neighborhood’s competitive county rank and improving occupancy trend indicate a foundation for stable operations in a rural context.
Investor focus should include programming for workforce renters, given a moderate share of renter-occupied units and relatively accessible ownership in the area. Emphasizing onsite convenience, responsive management, and durable finishes can mitigate competition from for-sale housing and support retention, particularly as incomes trend upward and affordability pressure remains manageable.
- Neighborhood occupancy is stable with a positive multi-year trend, supporting rent roll durability.
- 1978 vintage offers value-add potential through systems upgrades and interior renovations.
- Workforce demand drivers and moderate renter-occupied share support a consistent leasing funnel.
- Lower relative rent levels can aid absorption and reduce turnover risk in a rural setting.
- Risks: limited park/pharmacy amenities, below-average school ratings, and competition from accessible ownership options.