| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 35th | Fair |
| Demographics | 47th | Fair |
| Amenities | 78th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2601 Linda Cir, Amarillo, TX, 79109, US |
| Region / Metro | Amarillo |
| Year of Construction | 1983 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2601 Linda Cir Amarillo Multifamily Investment
Positioned in an inner-suburb pocket with strong daily conveniences and a deep renter base, the asset benefits from dense retail and services while neighborhood occupancy trends warrant hands-on leasing strategy, according to WDSuite’s CRE market data.
Located in an Inner Suburb of Amarillo, the neighborhood rates A and ranks 11 out of 87 metro neighborhoods, placing it in the top quartile locally for overall fundamentals. Amenity density is a core strength: restaurants (ranked 1 of 87) and grocery access (2 of 87) are competitive among Amarillo neighborhoods, with cafes and childcare also ranking within the metro’s top tier. Limited park access (87 of 87) is a notable gap, so outdoor recreation is less of a draw than retail and services.
School options average around 3.0 out of 5, trending above national norms (around the 61st percentile), which can help support family-oriented renter demand. Compared with national CRE trends, local home values sit on the lower end (around the 18th percentile), which may introduce some competition from ownership; however, rent-to-income metrics (about 0.22) point to manageable affordability pressure that can aid lease retention and reduce turnover risk for multifamily owners.
Vintage context matters for positioning: built in 1983, the property is newer than the neighborhood’s average 1973 construction year, which can support competitive leasing versus older stock. Investors should still plan for system updates and targeted renovations to meet contemporary expectations and to unlock value-add potential.
Tenure patterns underscore demand depth: within the neighborhood, the share of housing units that are renter-occupied is elevated (ranked 9 of 87 and high nationally), expanding the local tenant pool. Demographic statistics aggregated within a 3-mile radius show a modest population dip in recent years but a projected increase ahead, alongside an increase in households and slightly smaller household sizes—factors that typically support multifamily absorption and occupancy stability over time.
Neighborhood occupancy measures are below many Amarillo peers (ranked 72 of 87) and below national medians, suggesting investors should emphasize leasing execution and amenity-led differentiation. Still, dense nearby services and a sizeable renter concentration provide a platform for stabilization with effective management, based on commercial real estate analysis from WDSuite.
Safety indicators trail both many Amarillo neighborhoods and national medians. The neighborhood’s crime profile ranks 73 out of 87 within the metro, and national safety placement sits below mid-pack. For investors, this calls for pragmatic operations—lighting, access controls, and community engagement—to support resident retention and leasing.
Recent directionality is mixed but constructive in places: property-related offenses have eased year over year, while violent-offense measures sit closer to national mid-range levels. Overall, risk management and visible on-site measures remain important for positioning in the submarket.
Nearby employment is anchored by utility and corporate office roles that sustain commuter demand and support renter retention for workforce housing.
- Xcel Energy — utility corporate offices (2.5 miles)
This 24-unit 1983 asset offers a practical value-add and operations story in an A-rated Amarillo neighborhood with exceptional retail and service density. The property’s vintage is newer than the local average, which can aid leasing against older comparables, while the surrounding area’s high share of renter-occupied units expands the tenant base. According to CRE market data from WDSuite, neighborhood occupancy sits below many metro peers, making hands-on leasing and targeted renovations important to drive stabilization.
Investor takeaways center on amenity-driven livability, balanced rent-to-income dynamics supportive of retention, and forward-looking household growth within a 3-mile radius that can enlarge the renter pool. Risks include below-median neighborhood occupancy, safety perceptions that require active management, and potential competition from relatively accessible ownership options.
- Amenity-rich Inner Suburb location (top-ranked restaurants and groceries) supports daily convenience and leasing appeal.
- 1983 construction offers relative competitiveness versus older neighborhood stock with clear value-add/modernization paths.
- Elevated share of renter-occupied units signals depth of tenant demand and potential for occupancy stability with effective management.
- Rent-to-income profile suggests manageable affordability pressure that can help retention and pricing discipline.
- Risks: below-median neighborhood occupancy and safety perceptions; proactive leasing, security, and capex planning are key.