| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 33rd | Poor |
| Demographics | 46th | Good |
| Amenities | 46th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1101 Eldorado St, Bowie, TX, 76230, US |
| Region / Metro | Bowie |
| Year of Construction | 2009 |
| Units | 32 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1101 Eldorado St Bowie TX Multifamily Investment
Positioned in a rural Texas neighborhood with steady renter demand and everyday amenities, this asset benefits from comparatively newer construction and manageable affordability pressures, according to WDSuite’s CRE market data. Neighborhood metrics referenced reflect area conditions rather than the specific property and point to durable occupancy supported by essential retail access.
The neighborhood carries an A rating and ranks 2 out of 13 within the Montague County metro cluster, indicating competitive positioning among local peers. Amenity access is serviceable for a rural setting: grocery and restaurant density trends sit above national medians, while parks score in the top quartile nationally and pharmacies also outperform the national midpoint. These features support day‑to‑day livability and help underpin tenant retention.
Area housing skews older (average 1974), which makes a 2009-vintage property relatively competitive versus legacy stock while still warranting typical mid-life capital planning for systems and common areas. Neighborhood occupancy trends are moderate relative to national norms, suggesting stable but not overheated conditions that can support consistent leasing without relying on outsized rent escalations.
Renter-occupied share is on the lighter side for the metro, pointing to a smaller but dependable tenant base; for investors, this often translates to steadier leasing velocity when paired with essential-service access and workforce incomes. Home values are comparatively accessible in this area, which can introduce competition from ownership; however, rent-to-income levels indicate lower affordability pressure for renters, supporting lease retention and measured pricing power.
Demographic context aggregated within a 3-mile radius suggests a workforce-oriented renter pool and household sizes consistent with small-city living. Forward-looking implications lean toward durable occupancy supported by daily-needs retail rather than amenity-driven premiums, aligning with investors seeking income stability over speculative growth.
WDSuite does not provide reportable crime rankings for this neighborhood in the current dataset. Investors typically benchmark neighborhood safety by comparing local trends to county and metro patterns over multi-year periods, focusing on directionality rather than single-year readings. Given the rural context, qualitative assessments (visibility, lighting, and proximity to staffed retail) can complement formal data in underwriting assumptions.
Employer proximity data with verified distances is not available in the current WDSuite dataset for this location; investors may consider commuting patterns to nearby service, healthcare, education, and public-sector nodes as contributors to renter demand.
This 2009-vintage asset stands newer than the neighborhood’s predominantly 1970s housing stock, offering a competitive edge on curb appeal and building systems while still meriting mid-life capital planning. Neighborhood fundamentals point to steady occupancy supported by essential retail access and a workforce renter base. According to CRE market data from WDSuite, local amenity strength is anchored by parks, pharmacies, and everyday goods rather than lifestyle destinations—supporting retention-driven performance over amenity-led premiums.
Affordability dynamics indicate lower rent-to-income pressure for area renters, a positive for renewals and credit stability. At the same time, comparatively accessible home values can introduce competition from ownership, making disciplined leasing strategy and unit-level positioning important. Overall, the asset’s relative vintage advantage and service-oriented location support a durable income thesis with measured growth expectations.
- Newer 2009 construction versus older neighborhood stock supports competitive positioning and reduced near-term modernization needs.
- Service-oriented amenity mix (parks, pharmacies, grocery) underpins tenant retention and everyday convenience.
- Lower rent-to-income pressure indicates supportive renewal dynamics and occupancy stability.
- Rural market context favors income stability over premium rent growth, aligning with conservative underwriting.
- Risk: more accessible home ownership options can compete with rentals—requires careful pricing, finish-level calibration, and resident retention focus.