| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 53rd | Good |
| Demographics | 51st | Best |
| Amenities | 42nd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 420 Harold Ave, Eagle Pass, TX, 78852, US |
| Region / Metro | Eagle Pass |
| Year of Construction | 1980 |
| Units | 36 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
420 Harold Ave, Eagle Pass TX Multifamily Investment
Neighborhood occupancy around 93% and a renter-occupied share near 41% indicate a meaningful tenant base and steady leasing backdrop, according to WDSuite’s CRE market data. Positioning and operations are likely to matter more than concessions in this Inner Suburb location.
Rated A- with a neighborhood rank of 4 among 16 in the Eagle Pass metro, this Inner Suburb location is competitive among Eagle Pass neighborhoods for investors seeking stable operations and workforce demand. Neighborhood occupancy is 93.3% (for the neighborhood, not the property), supporting a baseline of leasing stability relative to many small-metro submarkets.
Daily-needs access is a relative strength: grocery options rank 3 of 16 (top quartile in the metro) and pharmacies rank 2 of 16 (top quartile), while parks, cafes, and childcare are thinner locally. Average school ratings sit around 3.0 and rank 2 of 16 metro neighborhoods, which places the area above the metro median and slightly above the national midpoint.
The median rent level in the neighborhood is lower relative to many markets, and the rent-to-income ratio of about 0.12 suggests modest affordability pressure that can aid retention and collections. Median home values are comparatively accessible, which can introduce some competition with entry-level ownership; effective unit mix, finishes, and management can help sustain pricing power in this context.
The average neighborhood construction year is 1996, while this property was built in 1980. The older vintage points to potential value-add and capital planning opportunities to improve competitiveness versus newer stock, especially around interiors and building systems.
Within a 3-mile radius, recent population counts have softened, but projections indicate growth ahead alongside an increase in households and rising incomes, expanding the tenant base over time. These trends, based on CRE market data from WDSuite, imply demand support for well-positioned workforce units even as household sizes trend smaller.
Comparable neighborhood crime data are not available in WDSuite for this location, so investors should benchmark safety using multiple sources and trends (city and county) rather than block-level assumptions. In practice, underwriting typically pairs broader regional crime trends with on-the-ground observations, property security measures, and management track record.
Built in 1980 with 36 units averaging roughly 747 square feet, the asset offers a workforce profile in a neighborhood showing 93.3% occupancy and a renter-occupied share near 41% (neighborhood metrics), which together point to a stable tenant base. Access to daily needs (top-quartile grocery and pharmacy density in the metro) supports renter convenience, while modest rent-to-income levels suggest manageable affordability pressure that can aid retention.
Relative to a neighborhood average vintage of 1996, the asset’s older construction highlights value-add potential through targeted renovations and system upgrades to better compete with newer stock. According to WDSuite’s commercial real estate analysis, projections within a 3-mile radius indicate rising incomes and more households over the next several years, which would expand the local renter pool and support occupancy stability, even as homeownership remains comparatively accessible.
- Neighborhood occupancy of 93.3% (neighborhood) and meaningful renter concentration support baseline demand
- Daily-needs access with top-quartile grocery and pharmacy presence in the metro underpins renter convenience
- 1980 vintage presents value-add and capital planning levers versus newer neighborhood stock
- 3-mile projections show increasing households and incomes, supporting an expanding renter base
- Risks: smaller-metro depth, limited lifestyle amenities, and competition from relatively accessible ownership options