| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 38th | Good |
| Demographics | 30th | Poor |
| Amenities | 36th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 900 Avenue J, Bay City, TX, 77414, US |
| Region / Metro | Bay City |
| Year of Construction | 1986 |
| Units | 56 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
900 Avenue J, Bay City TX Multifamily Opportunity
Stabilized neighborhood fundamentals and accessible rents point to steady renter demand, according to WDSuite’s CRE market data, supporting an income-focused hold with selective improvements.
Bay City’s suburban setting around 900 Avenue J offers everyday conveniences with a B neighborhood rating and mid-pack positioning (9th among 18 Bay City neighborhoods). Restaurant density is competitive among Bay City neighborhoods (ranked 2nd of 18) and above national norms, while pharmacies also track competitively (2nd of 18). Parks, cafes, and childcare options are thinner locally, so on-site amenities and unit features can play a larger role in retention.
Neighborhood occupancy trends hover around the low 90s (90.3%), placing the area competitive among Bay City neighborhoods (5th of 18). For investors, this suggests workable leasing stability without the tightness seen in top-quartile submarkets. Median contract rents in the neighborhood sit near the national middle, reinforcing demand from value-seeking tenants and giving managers some flexibility on pricing and concessions when needed.
The property’s 1986 vintage is newer than the neighborhood’s average building age (1972), offering relative competitiveness versus older stock. Investors should still plan for targeted system upgrades or light renovations to keep the asset current against modern renter expectations.
Within a 3-mile radius, about 36% of housing units are renter-occupied, indicating a meaningful tenant base without overreliance on rentals. WDSuite’s data show median home values are on the lower side for Texas markets, which can introduce some competition from ownership; however, a rent-to-income ratio near 12% suggests manageable affordability pressure that can aid retention and reduce turnover volatility.
Demographics within 3 miles have softened in recent years, but WDSuite forecasts population growth and a notable increase in households over the next five years. A projected shift toward smaller household sizes implies a larger pool of renters entering the market, which can support occupancy stability and leasing velocity if product is positioned correctly.
School ratings trail national averages, which may matter for family-focused leasing strategies. Operators can mitigate by emphasizing convenience to daily needs (grocers, pharmacies) and by highlighting updated interiors or community features.
Comparable crime metrics for this neighborhood are not available in the current WDSuite release. Investors typically benchmark safety by tracking multi-year trends at the city and county level, then pairing that with property-level measures (lighting, access control, and visibility) to support resident satisfaction and retention.
- Texas Instruments — semiconductor & electronics (44.4 miles)
The employment base within commuting range includes engineering and technology roles that can support renter demand and longer tenures for workforce housing. The list below focuses on nearby corporate offices relevant to residents’ commute patterns.
This 56-unit, 1986-vintage asset in Bay City aligns with steady, needs-based renter demand at accessible rent levels. Neighborhood occupancy trends around the low 90s, together with a meaningful renter pool within 3 miles, indicate workable leasing stability. The vintage is newer than the local average, and selective upgrades can enhance competitiveness versus older stock. According to CRE market data from WDSuite, restaurant and pharmacy access are competitive among Bay City neighborhoods, while lower home values point to some competition from ownership—suggesting a focus on value, service quality, and retention management.
Forward-looking demographics within a 3-mile radius indicate population growth and a rise in households, alongside smaller household sizes—factors that can expand the tenant base and support occupancy over time. Pricing power is likely to remain measured given the market’s accessibility and school ratings, but disciplined operations and targeted renovations can drive durable cash flow.
- Competitive location fundamentals: occupancy in the low 90s with restaurant/pharmacy access supportive of daily convenience.
- 1986 construction offers relative edge versus older neighborhood stock; light capex can translate into leasing appeal.
- Renter pool expansion expected within 3 miles, with smaller household sizes supporting multifamily demand.
- Income durability angle: accessible rents and a rent-to-income profile that supports retention and reduced turnover volatility.
- Risks: competition from homeownership options, thinner park/cafe amenities, and below-average school ratings may temper pricing power.