| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 54th | Best |
| Demographics | 65th | Best |
| Amenities | 30th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 325 Raintree Dr, Tyler, TX, 75703, US |
| Region / Metro | Tyler |
| Year of Construction | 1978 |
| Units | 62 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
325 Raintree Dr Tyler Multifamily Investment
Positioned in an inner-suburb pocket of Tyler with a sizable renter base and daily needs retail nearby, this asset offers durable demand drivers, according to CRE market data from WDSuite.
This inner-suburb location in Tyler balances access and convenience, with neighborhood amenities anchored by strong grocery coverage. The neighborhood ranks 1 out of 78 Tyler neighborhoods for grocery store density and sits in the top quartile nationally, supporting day-to-day livability that can aid leasing and retention.
Neighborhood dining options are competitive among Tyler neighborhoods (ranked 9 of 78; high national percentile), further reinforcing convenience appeal for residents. While parks and formal recreational amenities are limited within the immediate neighborhood footprint, the local retail mix and services help stabilize renter demand.
The average nearby building vintage is 1993, whereas the subject property was built in 1978. The older vintage points to potential capital planning and value-add opportunities to modernize interiors and building systems to remain competitive versus younger stock.
Within a 3-mile radius, population and households have grown over the last five years and are projected to continue through 2028, indicating a larger tenant base over time. Median contract rents in the 3-mile area have risen over the period, and home values in the neighborhood sit around the national midpoint with a relatively elevated value-to-income profile, which can reinforce reliance on multifamily rentals. The renter-occupied share in the neighborhood is high relative to the Tyler metro (ranked 3 of 78), signaling depth in the tenant pool; investors should still underwrite affordability and lease management carefully as rent-to-income sits in a moderate range.
Safety indicators for the neighborhood are mixed in a comparative context. Relative to the Tyler metro, the neighborhood’s crime rank is 17 out of 78, indicating weaker safety performance than many peers. Nationally, however, both violent and property offense rates align closer to the middle of U.S. neighborhoods, and recent trend data shows improvement, with year-over-year decreases in estimated violent and property offenses. For underwriting, this pattern suggests monitoring property-level security measures and resident screening while recognizing the favorable downward trend.
Regional employers provide a broader job base that supports renter demand, with commuting access to distribution and corporate operations such as Sysco.
- Sysco — foodservice distribution (36.0 miles)
Built in 1978 with 62 units, the property offers a value-add angle in a neighborhood where the average building stock skews newer. Household and population growth within a 3-mile radius point to a growing tenant base, and neighborhood amenities—especially top-ranked grocery density—support day-to-day convenience that can aid lease retention. Neighborhood occupancy trends are softer than stronger Tyler subareas, so operational execution and competitive finishes will be important to capture demand and maintain stability.
Homeownership in the area reflects a relatively elevated value-to-income relationship and median rents have risen, which can sustain multifamily demand and pricing power when managed with affordability in mind. According to CRE market data from WDSuite, the neighborhood’s renter presence is high relative to the metro, supporting depth of demand; investors should balance this with prudent capital planning for the older vintage and attention to safety and leasing practices.
- Value-add potential from 1978 vintage relative to newer nearby stock
- Growing 3-mile population and household base supports a larger tenant pool
- Daily needs retail with top-ranked grocery density aids leasing and retention
- High renter presence versus metro indicates demand depth, per WDSuite data
- Risks: softer neighborhood occupancy and older systems require focused asset management