| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 29th | Fair |
| Demographics | 10th | Poor |
| Amenities | 71st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2510 Pine St, Abilene, TX, 79601, US |
| Region / Metro | Abilene |
| Year of Construction | 2000 |
| Units | 32 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2510 Pine St Abilene Multifamily Investment
2000-vintage asset in an inner-suburb location with strong daily-needs access and a renter base supported by neighborhood fundamentals, according to WDSuite’s CRE market data.
The property sits in an Inner Suburb pocket of Abilene where daily conveniences are a relative strength. The neighborhood ranks 1st of 67 locally for both grocery and pharmacy density and posts amenity levels that are above average nationally, supporting resident retention and day-to-day livability. Cafés and restaurants are competitive among Abilene neighborhoods, while public park access is limited — an operating consideration for outdoor-space amenities on site.
Vintage matters for positioning: with a 2000 construction year against an area average vintage from the 1960s, the asset is newer than much of the surrounding stock. That typically supports leasing competitiveness versus older properties while still leaving room for targeted modernization and systems planning over the hold.
At the neighborhood level, occupancy trends track below many national benchmarks, but the share of renter-occupied housing units ranks in the upper tier locally, indicating depth for multifamily demand. Within a 3-mile radius, households have edged higher even as population is roughly flat, pointing to smaller household sizes and a steady renter pool; projected gains in households over the next five years should enlarge the tenant base and support occupancy stability.
Relative affordability underpins demand dynamics. Neighborhood-level rents and the rent-to-income ratio suggest manageable affordability pressure for residents, which can aid lease retention. Median home values in this part of Abilene are lower than many U.S. markets, meaning ownership is more accessible and can compete with rentals; investors should emphasize value, convenience, and community features in their commercial real estate analysis to sustain pricing power.
Safety compares moderately against national norms, with overall crime levels better than the U.S. average on a percentile basis. Importantly, both violent and property offense rates have shown meaningful year-over-year declines, according to WDSuite’s CRE market data. While conditions vary by block and over time, recent trend improvement supports a more stable operating backdrop than prior periods.
Within the Abilene metro context (67 neighborhoods), this area is neither among the lowest-incident nor the top-performing cohorts, but recent momentum is favorable. Owners should continue standard risk management — lighting, access control, and resident engagement — to align with the improving trend line.
Nearby employment clusters provide commute convenience for a broad renter base; specific employer proximity details are not available for this address in the current dataset.
This 32-unit, 2000-built property offers a newer-vintage alternative in an Inner Suburb location where daily-needs amenities are a local strength and renter demand is supported by a competitive renter-occupied share. According to CRE market data from WDSuite, neighborhood occupancy sits below many national benchmarks, but 3-mile household growth and steady renter reliance suggest a durable tenant base with opportunities to improve leasing through targeted renovations and management.
Homeownership remains relatively accessible in this part of Abilene, which can limit outsized rent growth, yet also supports stable retention through value-focused offerings. The combination of amenity convenience, improving safety trends, and modernization potential positions the asset for consistent performance with careful expense and lease management.
- Newer 2000 vintage relative to area stock supports competitive positioning versus older properties
- Strong daily-needs access (grocery/pharmacy) aids resident satisfaction and retention
- 3-mile household growth and steady renter reliance support occupancy stability over time
- Improving safety trends create a more stable operating backdrop
- Risk: neighborhood occupancy trails national norms and accessible homeownership can compete with rentals; value-focused leasing and renovations are key