| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 53rd | Good |
| Demographics | 51st | Best |
| Amenities | 42nd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 820 N Bibb Ave, Eagle Pass, TX, 78852, US |
| Region / Metro | Eagle Pass |
| Year of Construction | 2006 |
| Units | 20 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
820 N Bibb Ave Eagle Pass Multifamily Investment
Neighborhood occupancy near 93% and a 2006 vintage relative to older nearby stock point to durable renter demand in Eagle Pass, according to WDSuite’s CRE market data.
Positioned in Eagle Pass’s inner-suburb fabric, the property benefits from a neighborhood rated A- and ranked 4 of 16, which is competitive among Eagle Pass neighborhoods. Local retail access is a relative strength: grocery availability sits in the top quartile nationally and pharmacy access is similarly strong, while restaurant density is above national medians. By contrast, parks and café options are limited, which modestly reduces lifestyle variety.
The property’s 2006 construction is newer than the neighborhood’s average year (1996), supporting competitive positioning versus older stock. For investors, that typically means fewer near-term modernization needs than 1990s assets, while still planning for mid-life system updates as part of capital budgeting.
At the neighborhood level, renter-occupied housing represents roughly 41% of units, indicating a meaningful tenant base for multifamily leasing. Neighborhood occupancy around 93% supports stability, and a rent-to-income ratio near 0.12 suggests relatively low affordability pressure that can aid retention and reduce turnover risk.
Within a 3-mile radius, recent population trends have softened, but forecasts indicate a return to growth alongside a notable increase in households and smaller average household sizes. That combination typically expands the renter pool and supports occupancy, even as ownership remains comparatively accessible in this market. Median home values are lower than many U.S. metros, which can introduce some competitive pressure from entry-level ownership; however, it also situates multifamily as a more accessible option for households prioritizing flexibility.
Schools average about 3.0 out of 5 and sit above the national median, a neutral-to-modest positive for family-oriented demand. Overall, the balance of strong daily-needs access, stable occupancy, and a sizable renter base frames this location as serviceable workforce housing with steady demand drivers.
Neighborhood-level crime metrics are not available in WDSuite for this area, so direct comparisons to metro or national benchmarks are limited. Investors typically contextualize safety by pairing available neighborhood quality indicators with local market diligence and property-level history over time.
Given the absence of verified crime ranks or percentiles, a prudent approach is to compare this submarket’s leasing stability, tenant retention patterns, and surrounding activity nodes to broader Eagle Pass trends as part of underwriting.
This 20-unit asset built in 2006 offers a newer vintage relative to the surrounding neighborhood average, positioning it competitively against older stock while leaving room for targeted system upgrades as part of long-term capital planning. Neighborhood occupancy near 93% and a renter-occupied share around two-fifths point to a durable tenant base for smaller-format units, with a rent-to-income profile that supports retention. According to CRE market data from WDSuite, local daily-needs access is a strength (notably groceries and pharmacies), offset by lighter park and café options.
Within a 3-mile radius, recent population softness is balanced by projections for renewed growth and a meaningful increase in households as average household size trends lower—typically supportive of renter pool expansion and occupancy stability. Ownership remains relatively accessible in this market, which may moderate pricing power at the margin, but the combination of stable neighborhood fundamentals and a competitive 2006 vintage underpins a steady, workforce-oriented thesis.
- 2006 vintage vs. 1990s neighborhood average supports competitive positioning with manageable mid-life capex planning
- Neighborhood occupancy near 93% and sizable renter concentration support leasing stability
- Strong daily-needs access (groceries, pharmacies) enhances livability and retention potential
- Risks: lighter park/café amenities and comparatively accessible ownership may temper rent growth and require focused leasing strategy