| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 41st | Good |
| Demographics | 47th | Best |
| Amenities | 51st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 305 N Everts St, Fort Stockton, TX, 79735, US |
| Region / Metro | Fort Stockton |
| Year of Construction | 1994 |
| Units | 36 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
305 N Everts St, Fort Stockton Multifamily Investment
Neighborhood occupancy has held in the low-90s with an upward five-year trend, according to WDSuite’s CRE market data, supporting steady cash flow potential for a 36-unit asset. Positioning around durable renter demand and pragmatic capital planning will be key to performance.
This suburban neighborhood scores B+ overall and ranks 1 out of 8 neighborhoods in the Pecos County metro set, indicating competitive local fundamentals. Occupancy in the neighborhood is around the national middle and competitive among Pecos County neighborhoods (ranked 3 of 8), a constructive backdrop for maintaining lease-up and renewals.
Everyday convenience is a local strength: cafes and grocery access rank 1 of 8 metro neighborhoods and land in the upper national percentiles, while pharmacies are similarly well represented. Park access is limited (ranked 8 of 8), so on-site greenspace or resident amenities can help differentiate against this local gap.
Renter-occupied housing comprises roughly three-tenths of neighborhood units, suggesting a measurable but not dominant renter pool. Median contract rents sit near the national middle, and the rent-to-income ratio is favorable, which can ease affordability pressure and support retention while still allowing for disciplined revenue management. Home values trend below the national middle, which can mean some competition from ownership options; effective leasing strategy and product positioning matter for absorption.
Within a 3-mile radius, recent years show modest population growth alongside smaller average household sizes, pointing to a gradually expanding renter base and demand for practical floor plans. School ratings trend below national averages, which may influence tenant mix and marketing but does not preclude stable workforce housing demand. These dynamics, based on CRE market data from WDSuite, align with steady, needs-based occupancy drivers rather than discretionary moves.
Neighborhood-level crime metrics are not available in this dataset, so investors should benchmark conditions against city and county reporting and track trends over time. A practical approach is to compare the neighborhood to other Pecos County areas and monitor any multi-year directional changes rather than relying on single-period snapshots.
Owners commonly incorporate lighting, access control, and resident engagement to support on-site conditions, and confirm assumptions through local law enforcement data and insurance feedback prior to underwriting.
Built in 1994, this 36-unit property offers a mid-1990s physical profile with potential to enhance interiors and systems for value—balanced by neighborhood fundamentals that are competitive within the local metro set. Occupancy in the surrounding neighborhood has trended higher over five years and sits in the low-90s, while a favorable rent-to-income profile supports retention and measured pricing power. According to commercial real estate analysis from WDSuite, local amenities (cafes, groceries, pharmacies) are strong relative to the metro, providing daily-life convenience that supports leasing.
Key considerations include a renter base that is present but not dominant, below-median school ratings, and limited park access—factors that argue for targeted capital improvements and focused marketing. With pragmatic capex to modernize a 1994 vintage and thoughtful positioning as reliable workforce housing, investors can target durable occupancy and operational consistency.
- Competitive neighborhood fundamentals within the Pecos County metro set support leasing stability.
- Favorable rent-to-income profile aids retention and disciplined revenue management.
- 1994 vintage offers value-add potential via interior updates and systems modernization.
- Strong everyday amenities (cafes, groceries, pharmacies) underpin demand for workforce housing.
- Risks: limited park access, below-median school ratings, and some competition from ownership options.