| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 37th | Fair |
| Demographics | 18th | Poor |
| Amenities | 17th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1100 N Crockett Ave, Cameron, TX, 76520, US |
| Region / Metro | Cameron |
| Year of Construction | 1992 |
| Units | 110 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1100 N Crockett Ave Cameron TX Multifamily Investment
Rural workforce housing with a stable renter base and improving neighborhood occupancy, based on CRE market data from WDSuite. The investment case emphasizes steady cash flow and operational discipline over speculative rent growth.
The property is located in a rural Cameron neighborhood with essential services and limited retail density. Amenity access ranks above the metro median among 14 neighborhoods, but remains light versus national norms (low national percentiles), so residents often rely on regional corridors for daily needs. Auto access and on-site parking are practical considerations for retention.
Multifamily signals point to steady, value-oriented demand. Neighborhood occupancy is in the mid-80s and has improved over the past five years, indicating gradual absorption of available units. Median contract rents sit below national levels, which can support lease stability while limiting near-term pricing power unless paired with targeted property improvements.
Tenure dynamics are constructive: the share of housing units that are renter-occupied is higher than most peer neighborhoods in the metro (ranked near the top among 14), and sits around the 75th percentile nationally. For investors, this indicates a relatively deep tenant base and supports demand resilience through cycles.
Within a 3-mile radius, demographics reflect a small market with signs of population contraction and slightly smaller household sizes. For multifamily, this typically means a necessity-driven renter pool where affordability and convenience drive decisions, supporting occupancy stability for well-managed assets. Home values are lower than national averages, which can create some competition from ownership; however, comparatively accessible rents and a manageable rent-to-income ratio help sustain leasing and resident retention.
Neighborhood-level crime data is not available in WDSuite for this location, so precise comparisons to metro or national benchmarks are not possible here. Investors should review recent local reports and property-level security practices to contextualize risk alongside rural location and management controls.
Commutable employment centers in professional services and finance provide a steady backdrop for workforce housing demand and leasing durability. The list below highlights nearby offices within regional driving distance.
- Farmers Insurance - Doug Gaul — insurance offices (40.2 miles)
- Raymond James — financial services (44.4 miles)
Built in 1992, the asset is newer than much of the surrounding housing stock, positioning it competitively versus older properties while still warranting capital planning for aging systems. According to CRE market data from WDSuite, the neighborhood shows improving occupancy and a renter-occupied share that is high for the metro, suggesting a durable tenant base. Lower relative rents and a manageable rent-to-income profile support retention; however, the rural setting and lower home values can temper pricing power without value-add improvements.
Overall, the thesis favors stable cash flows through operational execution, with targeted upgrades as a path to incremental rent lift rather than aggressive market-driven growth.
- 1992 vintage offers competitive positioning versus older local stock with room for system modernization
- Improving neighborhood occupancy and strong renter-occupied share support demand resilience
- Lower relative rents and manageable rent-to-income ratio favor lease stability and retention
- Value-add potential through targeted interior and common-area upgrades to enhance pricing power
- Risks: rural location, modest amenity base, and competition from lower-cost homeownership options