| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 26th | Fair |
| Demographics | 28th | Poor |
| Amenities | 41st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4100 Brick Plant Rd, Snyder, TX, 79549, US |
| Region / Metro | Snyder |
| Year of Construction | 1982 |
| Units | 49 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
4100 Brick Plant Rd, Snyder TX Multifamily Investment
Positioned in a rural Snyder submarket where neighborhood occupancy has trended upward in recent years and renter concentration leads the metro, this 49-unit asset offers stable workforce housing dynamics, according to CRE market data from WDSuite.
Snyder s neighborhood rating sits mid-pack among 8 metro neighborhoods (B), reflecting steady fundamentals rather than headline growth. The area s renter-occupied share is the highest in the metro, indicating a meaningful tenant base for multifamily operators and supporting leasing durability when paired with measured population growth within a 3-mile radius.
Daily needs are serviceable: grocery and pharmacy access are competitive among Snyder neighborhoods (ranked near the top out of 8), while restaurants are similarly convenient. Caf e9s and parks are limited (both ranked at the bottom locally), which is typical for rural locations and suggests lifestyle amenities are not the primary demand driver here.
The property s 1982 vintage is newer than the neighborhood s average 1960s housing stock. That relative youth can help with competitive positioning versus older assets, though investors should plan for selective modernization and aging systems as part of capital planning common to early-1980s construction.
Neighborhood rent levels trend toward the lower end of the metro distribution, and the rent-to-income ratio is strong by national standards. For investors, that combination implies lower affordability pressure, supporting retention and occupancy stability. Conversely, very low median home values locally point to a high-cost-to-rent advantage for ownership; in practice this can temper pricing power, so underwriting should assume measured rent growth and a focus on operations.
Within a 3-mile radius, recent years show population growth alongside a smaller decline in household counts, pointing to shifts in household composition. Forward-looking projections indicate additional household growth and a modest reduction in average household size, which can expand the renter pool and support occupancy over time. These trends, based on CRE market data from WDSuite, frame demand as steady rather than speculative.
Neighborhood-level crime figures are not available in WDSuite for this Snyder location, so comparative safety statements cannot be made from the platform s dataset. Investors typically supplement market diligence with municipal or county reports and property-level history to assess trend direction and any implications for leasing and retention.
This 49-unit, 1982-vintage asset in Snyder benefits from a renter base that ranks highest in the metro by share and neighborhood occupancy that has improved over five years. According to CRE market data from WDSuite, local rents sit on the more accessible end of the spectrum and rent-to-income positioning is favorable, which supports tenant retention and steady cash flow management.
Relative to older neighborhood stock from the 1960s, the property s vintage offers competitive positioning, while still warranting targeted modernization to sustain performance. Rural amenity depth is modest and very low home values can mean some households pivot to ownership, so prudent underwriting should emphasize operational execution over outsized rent growth assumptions.
- Renter-occupied share leads the metro, indicating a durable tenant base for multifamily.
- Neighborhood occupancy has trended upward, supporting stability in leasing.
- Favorable rent-to-income positioning aids retention and collections management.
- 1982 vintage is newer than area norms, with scope for selective value-add upgrades.
- Risk: Very low home values and limited amenities can temper pricing power; focus on operations.