| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 55th | Best |
| Demographics | 39th | Best |
| Amenities | 26th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 100 Plum Ave, Dumas, TX, 79029, US |
| Region / Metro | Dumas |
| Year of Construction | 1973 |
| Units | 20 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
100 Plum Ave, Dumas TX Multifamily Investment
Neighborhood occupancy trends point to stable renter demand, with this Inner Suburb location offering steady workforce housing dynamics according to WDSuite’s CRE market data.
Positioned in Dumas’s Inner Suburb, the neighborhood carries a B rating and ranks 2 out of 6 locally—competitive among Dumas neighborhoods—supporting a straightforward multifamily thesis focused on consistent occupancy and pragmatic rent positioning. Neighborhood occupancy is strong for the metro, indicating a stable leasing backdrop rather than a lease-up story.
Livability signals are mixed but serviceable for workforce tenants. Cafe density scores above national averages for similar areas, and pharmacy access is comparatively strong; however, neighborhood counts for grocery and parks are limited, so on-site conveniences and resident services can matter for retention. Average school ratings are around the national middle, which aligns with broad-based renter appeal rather than a premium family draw.
Tenure patterns indicate a moderate renter-occupied share in the neighborhood, pointing to a meaningful tenant pool without overreliance on transient demand. For investors, this supports day-to-day leasing stability while still allowing room for targeted marketing to deepen absorption when units turn.
Within a 3-mile radius, recent trends show population growth alongside an increase in households, expanding the renter base. Forward-looking projections point to smaller average household sizes and more households, which can translate to a broader pool of renters and unit mix flexibility over time. Median contract rents and home values here track below many national benchmarks, which can sustain renter reliance on multifamily while also introducing some competition from ownership; effective leasing strategy and amenity programming remain important for pricing power.
Neighborhood-level crime metrics are not available in WDSuite’s current dataset for this location. Without a verified rank or national percentile, investors should benchmark conditions against comparable Dumas neighborhoods and the broader region, relying on consistent time-series sources to assess trend direction and any material changes that could affect leasing or retention.
As with any submarket, prudent underwriting incorporates observable factors such as property upkeep, lighting, access control, and local activity patterns, and it avoids block-level conclusions that are not supported by verifiable data.
Built in 1973, the property’s vintage suggests routine capital planning and selective upgrades could unlock value, especially if targeted toward durability, energy efficiency, and interior modernization. The neighborhood ranks 2 of 6 in Dumas, indicating competitive positioning within the metro and a backdrop of solid occupancy—favorable for steady cash flow management rather than a heavy lease-up strategy. Based on commercial real estate analysis from WDSuite, local rent and ownership levels imply practical affordability for renters, supporting demand depth but also requiring attention to differentiation to mitigate competition from attainable ownership options.
Demographics aggregated within a 3-mile radius show recent population growth and more households, expanding the tenant base. Projections indicate smaller household sizes and a rising household count, which may favor well-designed 1–2 bedroom product and thoughtful amenity programming. Execution risk centers on maintaining pricing power in a value-oriented market and calibrating renovations to resident willingness to pay.
- Competitive neighborhood rank within Dumas and stable occupancy backdrop supports consistent leasing
- 1973 vintage presents value-add potential through targeted interior and efficiency upgrades
- Expanding 3-mile household base and smaller average household sizes broaden renter pool over time
- Value-oriented market dynamics support retention; tailored amenities and service can reinforce pricing
- Risk: attainable ownership options and limited nearby amenities require disciplined renovation scope and leasing strategy