| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 54th | Best |
| Demographics | 45th | Fair |
| Amenities | 73rd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2017 Vaughn St, San Angelo, TX, 76903, US |
| Region / Metro | San Angelo |
| Year of Construction | 1973 |
| Units | 32 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2017 Vaughn St, San Angelo Multifamily Investment
Neighborhood renter demand and everyday amenities point to steady leasing conditions, according to WDSuite’s CRE market data. Metrics cited reflect the surrounding neighborhood, not this specific property.
This Inner Suburb neighborhood ranks 3rd of 36 in the San Angelo metro, signaling it is competitive among San Angelo neighborhoods for multifamily performance. Daily-needs access is a strength: grocery, parks, pharmacies, and restaurants score in higher national percentiles, supporting convenience-driven renter appeal and retention.
Neighborhood occupancy is reported at 90.1% (neighborhood-level), around the metro middle, while the share of housing units that are renter-occupied is elevated at 66.2% (top tier locally). For investors, that renter concentration indicates a deep tenant base and potential stability across economic cycles. Median contract rents in the neighborhood sit below national levels, which can support leasing velocity, though rent-to-income of 0.19 suggests monitoring affordability pressure as rents move.
Within a 3-mile radius, households have grown modestly even as recent population trends were roughly flat, and forecasts point to population growth and a larger household count by 2028. A projected decrease in average household size implies more households relative to people, which can expand the renter pool and support occupancy. These dynamics, paired with local amenity access, are favorable signals for multifamily property research.
Home values in the neighborhood are elevated relative to incomes locally (high value-to-income ratio, ranked 1st of 36 in the metro), creating a high-cost ownership market that tends to reinforce reliance on rental housing. Average school ratings are lower within the metro and nationally, which can temper family-driven demand, but strong access to groceries, parks, and restaurants provides lifestyle balance for a wide renter cohort.
Neighborhood safety trends sit around the metro median (ranked near the midpoint among 36 San Angelo neighborhoods) and below the national midpoint. Recent year-over-year declines in both violent and property offense estimates indicate improving directionality, which can support renter retention if the trend persists.
All safety indicators referenced are neighborhood-level, not property-specific. Use them comparatively for underwriting assumptions rather than as block-level measures, and pair with current local diligence.
Verified distance-qualified employer data for this address is not available in the current dataset. Investors should supplement with local employer surveys to assess commute-driven demand and retention potential.
2017 Vaughn St totals 32 units with average unit size of 680 sq. ft., positioned in a neighborhood that is competitive within the San Angelo metro and supported by strong daily-needs amenities. The property’s 1973 vintage is older than the neighborhood average (1977), implying near- to medium-term capital planning and potential value-add through interior upgrades and system modernization to enhance competitive positioning.
Neighborhood occupancy is around the metro middle, while a high share of renter-occupied housing units indicates depth in the tenant base. Elevated local home value-to-income ratios sustain rental reliance, and within a 3-mile radius, forecasts point to population growth and more households by 2028—factors that can support occupancy stability and pricing power over time, based on CRE market data from WDSuite.
- Competitive neighborhood standing in San Angelo with strong daily-needs amenity access
- High renter-occupied share signals a broad tenant base and demand depth
- 1973 vintage offers clear value-add pathways alongside prudent capex planning
- Ownership costs locally reinforce reliance on rentals, supporting leasing and retention
- Risk: School ratings are below average and safety is around metro median—underwrite leasing assumptions accordingly