| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 19th | Poor |
| Demographics | 45th | Good |
| Amenities | 18th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 150 Slampa Dr, Avinger, TX, 75630, US |
| Region / Metro | Avinger |
| Year of Construction | 1983 |
| Units | 40 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
150 Slampa Dr, Avinger TX Multifamily Investment
Rural 40‑unit asset positioned for value-add and stabilization in Marion County; according to WDSuite’s CRE market data, neighborhood occupancy has been trending upward, supporting a pragmatic lease-up plan.
Located in a rural pocket of Marion County, the property sits in a neighborhood rated B- where amenity density is limited, yet park access is comparatively better than many rural peers. Park access ranks competitive locally and near the middle nationally, while restaurants are modest but serviceable for a workforce tenant base. Overall amenities score below national averages, which suggests residents may rely on nearby towns for services.
The average construction year in the neighborhood is 1975, and this property’s 1983 vintage is somewhat newer than much of the local stock. For investors, that can mean relatively competitive positioning versus older comparables, with typical planning for system updates and targeted renovations to drive rentability.
Neighborhood occupancy is below national norms but has improved in recent years, per WDSuite’s commercial real estate analysis. Renter concentration appears limited locally, which points to a thinner tenant pool; however, steady improvement in occupied housing supports a cautious but constructive view on stabilization and retention when operations are tightly managed.
Demographic statistics are aggregated within a 3‑mile radius and indicate a smaller average household size, which can support demand for smaller-format apartments. Home values are relatively low for Texas, making ownership more accessible and potentially competing with rentals; pricing and value-add strategy should therefore emphasize convenience and quality to sustain leasing velocity and resident retention.
Detailed crime ranks for this neighborhood are not available in the current dataset. Investors typically benchmark rural Marion County locations against county and regional trends, focusing on property-level measures (lighting, access control, and visibility) and confirming patterns with local public safety reports and insurer guidance.
- Sysco — foodservice distribution offices (26.8 miles)
This 1983, 40‑unit property offers a value-add path in a rural Texas submarket where neighborhood occupancy has been improving, according to CRE market data from WDSuite. The asset is newer than much of the surrounding housing stock, positioning renovations to sharpen competitive standing against older comparables while targeting steady lease-up and retention.
Tenant demand is supported by smaller average household sizes within 3 miles and modest service amenities, while more accessible homeownership in the area argues for disciplined pricing and visible quality upgrades. Execution focus should center on targeted interior updates, property maintenance, and leasing operations that emphasize convenience, minimizing turnover risk as occupancy trends continue to firm.
- Newer-than-neighborhood vintage (1983) with clear value-add and modernization levers
- Improving neighborhood occupancy supports a pragmatic stabilization plan
- Smaller household sizes within 3 miles broaden the renter pool for compact units
- Risk: more accessible ownership locally can compete with rentals—pricing and quality differentiation are key
- Rural location with limited amenities underscores the importance of on-site appeal and management