| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 37th | Fair |
| Demographics | 18th | Poor |
| Amenities | 17th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3400 N Travis Ave, Cameron, TX, 76520, US |
| Region / Metro | Cameron |
| Year of Construction | 1978 |
| Units | 32 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
3400 N Travis Ave Cameron Multifamily Investment
Neighborhood renter-occupied share is above national norms, supporting a deeper tenant base and steadier leasing, according to WDSuite’s CRE market data from ongoing commercial real estate analysis. Occupancy in the surrounding area has trended upward in recent years, pointing to stability rather than outsized growth.
Cameron is a rural submarket of Milam County with limited everyday amenities nearby, which can favor properties that provide on-site conveniences. Restaurant access ranks competitively within the county, while parks, grocery, and cafes are sparse, suggesting residents rely on regional retail nodes for shopping and services.
From an investment perspective, the renter-occupied share of housing units is competitive within Milam County (top quartile among 14 neighborhoods) and sits well above the national median by percentile. This indicates a deeper pool of renters relative to ownership, which can support demand for multifamily units and reduce volatility through cycles.
The neighborhood’s occupancy is below national averages by percentile but has improved over the last five years, which supports a case for stable operations rather than rapid lease-up risk. Median contract rents track below national norms, enhancing relative affordability and helping sustain retention, while still allowing for disciplined revenue management.
Ownership costs in the area are comparatively low versus national benchmarks, which can introduce competition from entry-level homebuying. For investors, this means emphasizing resident experience and value to maintain pricing power, while leveraging the area’s workforce dynamics and childcare access to appeal to longer-term renters.
Comparable crime data for this neighborhood are not available in WDSuite at this time. Investors typically benchmark safety by comparing neighborhood trends with Milam County and broader regional metrics and validating with local stakeholders. Use caution when making block-level assumptions; rely on multi-year, area-level patterns rather than single-period snapshots.
Regional employment is distributed across smaller employers and services, with additional white-collar roles within commuting distance that can support renter demand and retention. The list below highlights a notable employer within reach of Cameron.
- Farmers Insurance - Doug Gaul — insurance (41.0 miles)
This 32-unit asset in Cameron, TX benefits from a renter base that is comparatively strong for the market and rents that are below national norms, supporting retention and steady occupancy. According to CRE market data from WDSuite, neighborhood occupancy has improved in recent years, suggesting operational stability even as the broader area remains amenity-light.
Low ownership costs relative to national benchmarks can create competition from entry-level home purchases, but the higher local renter concentration and pragmatic affordability provide a consistent tenant pool. Execution should focus on durable operations, resident experience, and disciplined leasing rather than outsized growth assumptions.
- Renter concentration above national norms supports a deeper tenant base
- Neighborhood occupancy trending upward, pointing to operating stability
- Below-national rent levels enhance retention and steady leasing
- Risk: lower ownership costs may compete with rentals; emphasize resident value