| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 72nd | Best |
| Demographics | 49th | Good |
| Amenities | 26th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 11261 County Road 272, Tyler, TX, 75707, US |
| Region / Metro | Tyler |
| Year of Construction | 2009 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
11261 County Road 272 Tyler TX Multifamily Investment
Neighborhood occupancy trends rank in the top quartile locally, pointing to durable renter demand and income stability, according to WDSuite’s CRE market data.
This 24-unit property sits in an Inner Suburb of Tyler with an A- neighborhood rating and a neighborhood rank of 16 out of 78, placing it above the metro median and competitive among Tyler neighborhoods. At the neighborhood level, occupancy ranks 9 out of 78 — a top-quartile standing that supports leasing stability and reduces downtime risk compared to many submarkets in the metro.
Built in 2009, the asset is newer than the neighborhood’s average construction year of 1993. That relative vintage can enhance competitive positioning versus older stock and may defer some near-term capital needs, while still leaving room for targeted modernization to drive rent premiums over time.
Renter-occupied share is high in the immediate neighborhood (ranked 1 out of 78 locally), indicating a deep tenant base for workforce and market-rate units. Within a 3-mile radius, households have expanded over the last five years and are projected to increase further through 2028, with the renter share also projected to edge higher — signaling a larger tenant pool and support for occupancy stability.
Daily-life infrastructure is modest but functional: grocery access ranks 22 out of 78 (above the metro median), while parks access is stronger at 10 out of 78 (top quartile). Cafe, childcare, and pharmacy densities are limited, which can make auto access important for residents. Average school ratings in the neighborhood are below the national midpoint, a consideration for family-oriented leasing strategies.
Home values in the neighborhood sit around the national midpoint, and the value-to-income ratio ranks 17 out of 78 (above the metro median), indicating a relatively high-cost ownership market for the area. Combined with a rent-to-income ratio that is in a lower national percentile, this dynamic supports renter reliance on multifamily housing and can aid lease retention while suggesting measured pricing power.
Safety metrics are mixed but generally comparable to national norms. The neighborhood’s crime rank is 22 out of 78 within the Tyler metro, while national positioning sits modestly above the midpoint (53rd percentile). Property offenses are relatively favorable at the 60th percentile nationally, and the estimated violent offense rate shows a year-over-year improvement of approximately 20.5%, according to CRE market data from WDSuite. As always, investors should evaluate property-level security measures and lighting to align with resident expectations.
The investment case centers on occupancy stability, renter depth, and relative vintage. The neighborhood posts top-quartile occupancy in the Tyler metro, and renter concentration ranks first locally — factors that support steady leasing and reduce exposure to prolonged vacancy. Built in 2009, the property is newer than much of the surrounding stock, offering competitive positioning versus older assets and selective value-add potential through interior and systems updates.
Within a 3-mile radius, population and households have grown over the past five years and are projected to expand further, indicating a larger tenant base and sustained demand for rental units. Ownership costs sit around the national midpoint with a higher value-to-income standing locally, reinforcing multifamily demand, while rent-to-income levels are comparatively manageable — a combination that supports retention and measured rent growth, per commercial real estate analysis informed by WDSuite’s CRE market data.
- Top-quartile neighborhood occupancy and high renter concentration support leasing stability
- 2009 construction offers competitive positioning versus older area stock with targeted value-add upside
- 3-mile population and household growth point to a larger tenant base over the next several years
- Ownership costs around national midpoint reinforce renter reliance; manageable rent-to-income aids retention
- Risks: lighter amenity density and below-average school ratings may require targeted marketing and resident services