| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 48th | Good |
| Demographics | 56th | Best |
| Amenities | 13th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1804 Baseball Loop, Diana, TX, 75640, US |
| Region / Metro | Diana |
| Year of Construction | 1975 |
| Units | 20 |
| Transaction Date | 2009-10-05 |
| Transaction Price | $750,000 |
| Buyer | COLEMAN MARK W |
| Seller | DURAND ARTHUR H |
1804 Baseball Loop Diana TX Multifamily Value-Add
In a rural submarket with a modest renter base, the neighborhood s occupancy trends sit below the Longview metro median, according to WDSuite s CRE market data, pointing to conservative underwriting with potential upside from targeted improvements.
Situated in the Longview, TX metro, the neighborhood carries an A- rating (ranked 31 among 130 metro neighborhoods), placing it in the top quartile locally. Schools test well relative to the nation, with average ratings in the top quartile nationally, which can support tenant retention for family-oriented households. Amenity density is limited (few cafés, parks, and pharmacies), so residents typically rely on nearby corridors and longer drives for daily needs.
The area s housing stock trends newer than the subject s 1975 vintage (neighborhood average year built around the late 1990s). For investors, that gap underscores the importance of a clear capital plan modernizing interiors, systems, and curb appeal to compete effectively with newer inventory while maintaining cost discipline.
Neighborhood renter-occupied share is on the lower side, signaling a thinner but stable tenant base. Occupancy in the neighborhood tracks below the metro median, which argues for prudent lease-up and renewal assumptions. At the same time, ownership costs in this submarket are relatively accessible compared with higher-cost metros, which can temper pricing power but also help sustain lease retention by keeping rent-to-income pressures comparatively manageable.
Within a 3-mile radius, demographics indicate a family-weighted profile and projections point to meaningful population growth over the next five years, expanding the potential tenant pool. If that growth materializes, a larger household count and a higher share of working-age residents would support absorption and occupancy stability, especially for well-maintained, appropriately priced units. These forward-looking signals are based on CRE market data from WDSuite and should be paired with ongoing local leasing intel.
Comparable, verified crime statistics for this neighborhood are not available in the current WDSuite release. Investors typically benchmark property performance against county and Longview metro context, monitor owner- and operator-reported incident trends, and incorporate standard risk mitigations (lighting, access controls, resident screening) into underwriting.
Employment access skews regional, with distribution and logistics roles contributing to commute-driven housing demand for workforce renters.
- Sysco food distribution (19.2 miles)
This 20-unit asset s 1975 vintage is older than the neighborhood s late-1990s average, creating clear value-add potential through renovations and system upgrades. Neighborhood occupancy trends sit below the metro median, so underwriting should emphasize operational execution, but the area s top-quartile school performance and stable, family-oriented profile support retention when product is refreshed and priced appropriately.
Within a 3-mile radius, projections indicate population and household growth over the next five years, expanding the tenant base and supporting leasing velocity if realized. Ownership costs are relatively accessible locally, which can limit aggressive rent growth but also helps sustain rent-to-income dynamics that favor steady renewals. According to CRE market data from WDSuite, these factors collectively point to a fundamentals-driven, renovation-led strategy rather than speculative rent assumptions.
- 1975 vintage positions the asset for targeted value-add and modernization versus newer neighborhood stock.
- Family-oriented setting with top-quartile school ratings supports retention for renovated units.
- Forecasted 3-mile population and household growth suggests a larger renter pool and absorption support.
- Operational focus required: neighborhood occupancy below metro median and amenity-light, rural context.