| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 26th | Fair |
| Demographics | 28th | Poor |
| Amenities | 41st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3901 Avenue O, Snyder, TX, 79549, US |
| Region / Metro | Snyder |
| Year of Construction | 1985 |
| Units | 54 |
| Transaction Date | 2005-07-15 |
| Transaction Price | $54,000 |
| Buyer | YORK VAL |
| Seller | JACKSON ALPHONSO |
3901 Avenue O, Snyder TX Multifamily Investment (54 Units)
Neighborhood occupancy has trended upward in recent years and renter demand is supported by pragmatic affordability, based on CRE market data from WDSuite. This positions the asset for steady leasing in a smaller Texas market, with performance tied to local workforce dynamics.
Snyders neighborhood context is rural with a B rating among 8 local neighborhoods, and the areas amenity access (groceries, pharmacies, and restaurants) ranks above the metro median, according to WDSuites CRE market data. Cafe and park density are limited, so residents rely on everyday essentials more than lifestyle destinationsa typical pattern for workforce housing in smaller Texas markets.
Multifamily rents in the neighborhood remain comparatively accessible and the rent-to-income ratio sits in a high national percentile, which can support retention and measured rent increases over time. Neighborhood occupancy has improved over the past five years, indicating stable renter demand rather than rapid churn, though absolute occupancy levels are in the lower half of national comparisonssuggesting disciplined lease management is important.
The propertys 1985 vintage is newer than the neighborhoods average construction year and should compete well against older local stock; investors should still plan for aging systems and targeted modernization to support leasing velocity. Renter-occupied share in this neighborhood is relatively higher than many Snyder peers, indicating a viable tenant base for mid-scale multifamily.
Demographics aggregated within a 3-mile radius show recent softness in population and household counts, but forward-looking projections indicate potential increases in households and incomes, which would expand the local renter pool. If these trends materialize, they would support occupancy stability and modest pricing power; if they lag, performance will depend more on competitive positioning and value-oriented offerings from nearby properties. This context aligns with practical multifamily property research for smaller Texas markets.
Comparable crime statistics for this neighborhood are limited in the current WDSuite dataset, so investors should benchmark safety perceptions against broader Snyder and county trends rather than block-level assumptions. As with most rural Texas markets, underwriting typically incorporates local management insight, visibility to first-responder coverage, and property-level lighting and access controls to support resident confidence.
3901 Avenue O offers a 54-unit, 1985-vintage asset in a rural Snyder neighborhood where everyday amenities test above the metro median and rents remain comparatively accessible. According to CRE market data from WDSuite, neighborhood occupancy has risen over the past five years, and the high national percentile for rent-to-income indicates room for careful rent optimization while protecting retention. The 1985 vintage should position the asset competitively versus older local stock, with targeted capital programs to address aging systems and modest value-add potential.
Demographics within a 3-mile radius show near-term softness but point to forecasted household and income growth, which would broaden the renter base and underpin stable leasing. Key execution factors include consistent operations in a smaller market, amenity-light positioning relative to metros, and disciplined lease management to manage any volatility.
- Occupancy trending upward in the neighborhood supports leasing stability.
- High national percentile for rent-to-income suggests capacity for measured rent growth.
- 1985 construction competes well versus older stock with targeted modernization upside.
- Everyday amenities above metro median bolster convenience for a workforce renter base.
- Risks: small-market depth, limited lifestyle amenities, and reliance on consistent local employment.