| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 41st | Best |
| Demographics | 40th | Fair |
| Amenities | 57th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4400 Avenue U, Snyder, TX, 79549, US |
| Region / Metro | Snyder |
| Year of Construction | 1972 |
| Units | 55 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
4400 Avenue U Snyder TX Multifamily Investment Snapshot
Neighborhood multifamily occupancy is competitive among Snyder submarkets, supporting stable rent rolls according to CRE market data from WDSuite. These metrics reflect the surrounding neighborhood, not the property, and point to steady renter demand rather than outsized growth.
The surrounding Snyder neighborhood rates B+ and performs competitively among 8 local neighborhoods, with occupancy trends indicating steady renter demand at the neighborhood level. Renter-occupied units account for a smaller share of housing, suggesting a more ownership-heavy area; for investors, this points to a moderate but consistent tenant base rather than deep, high-turnover multifamily concentration.
Amenity access is a relative strength: neighborhood ranks indicate solid availability of groceries, pharmacies, cafes, and restaurants compared with peers in the Snyder metro and above-average placement versus many U.S. neighborhoods. On the other hand, local park and childcare density rank at the bottom of the metro, which can affect lifestyle appeal for some households and may temper lease-up velocity for family-oriented units.
Rents in the neighborhood sit around the middle of national distributions and have risen over the last five years. With a rent-to-income ratio positioned favorably, the area exhibits relatively manageable rent burdens for tenants — a constructive backdrop for retention and measured pricing power. Median home values are comparatively accessible locally, which can introduce competition from ownership; however, higher monthly ownership costs relative to incomes in other markets are not the primary anchor here, so rental demand is more a function of local employment and livability than ownership barriers.
Within a 3-mile radius, recent years show slight population and household contraction, while forward-looking projections suggest growth in total population and a notable increase in households alongside smaller average household sizes. For multifamily investors, this combination can expand the tenant base and support occupancy stability over time, though lease-up may still depend on matching unit mix and finishes to evolving household profiles.
Comprehensive neighborhood crime metrics are not available in WDSuite for this location. Investors commonly benchmark safety by comparing neighborhood trends with city and county reporting and by evaluating on-site measures such as lighting, access control, and visibility.
Given the absence of ranked data, a prudent approach is to review multi-year city-level trend lines and coordinate property-level security assessments during diligence to understand any implications for retention and operating expenses.
Built in 1972, the asset likely trails newer stock on systems and interiors, which can create value-add potential through targeted renovations and capital planning. The neighborhood shows competitive occupancy among Snyder areas and a favorable rent-to-income profile, supporting stable collections. Forward projections within a 3-mile radius point to population growth and a rising household count with smaller household sizes — dynamics that can expand the renter pool and underpin steady absorption if unit features and pricing align with demand, according to CRE market data from WDSuite.
Amenity access is a relative advantage (groceries, pharmacies, cafes, and restaurants), while limited parks and childcare density, lower average school ratings, and a more ownership-weighted tenure mix present factors to underwrite conservatively. Given comparatively accessible home values locally, pricing strategy should emphasize value relative to ownership and sustained retention through service quality and unit updates.
- Competitive neighborhood occupancy supports stable rent rolls
- 1972 vintage offers renovation and system-upgrade upside
- 3-mile projections indicate renter pool expansion via household growth
- Tenant affordability appears supportive of retention and measured pricing
- Risks: ownership competition, limited parks/childcare, lower average school ratings