| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 62nd | Best |
| Demographics | 43rd | Good |
| Amenities | 24th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1300 E Calton Rd, Laredo, TX, 78041, US |
| Region / Metro | Laredo |
| Year of Construction | 1980 |
| Units | 88 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1300 E Calton Rd, Laredo TX Multifamily Investment
Stabilized neighborhood occupancy and a deep renter base point to durable leasing for this 88-unit, 1980-vintage asset, according to WDSuite’s CRE market data. Balanced pricing power and retention potential emerge from a high renter concentration and manageable rent-to-income, based on disciplined commercial real estate analysis.
Occupancy in the surrounding neighborhood is above the metro median among 63 Laredo neighborhoods and in the top quartile nationally, according to WDSuite’s CRE market data. A high share of renter-occupied housing (55.8%)—ranked 9th of 63—signals a sizable tenant base, which typically supports leasing stability for multifamily assets.
The property’s 1980 construction is older than the neighborhood’s average vintage (1995). Investors should plan for ongoing capital improvements; the age profile can also create value-add potential through targeted renovations and systems modernization, particularly given the average unit size near 1,030 square feet.
Within a 3-mile radius, households increased even as population declined modestly over the last five years, indicating smaller household sizes and a broader addressable renter pool. Projections show additional growth in household counts through the next five years, which can help sustain occupancy and demand for rental units even if population trends remain flat to slightly lower.
Local fundamentals are serviceable for daily needs: grocery and restaurant density track above many U.S. neighborhoods, while cafes, parks, childcare, and pharmacies are thinner. Schools benchmark well, with the neighborhood’s average rating in the top quartile nationally. For investors, this mix suggests day-to-day convenience with select amenity gaps to consider in marketing and resident services.
Ownership costs in the area are comparatively high relative to local incomes (value-to-income ratio around the 70th percentile nationally), which tends to reinforce reliance on rental housing. At the same time, rent-to-income levels are relatively manageable (lower national percentile), a combination that can support lease retention and limit turnover risk—an insight surfaced through multifamily property research from WDSuite.
Relative to the Laredo metro, the neighborhood’s safety profile trends below average (crime rank is in the lower-performing half of 63 neighborhoods). Nationally, metrics indicate weaker safety levels, particularly for property offenses, while violent-offense rates benchmark lower than many areas but have improved year over year.
For underwriting, frame safety as a manageable operational consideration: emphasize lighting, access controls, and community engagement, and monitor trend lines. Notably, violent-offense measures have been moving in a favorable direction over the past year, according to WDSuite’s CRE market data, which can help support resident retention when paired with prudent property management.
Nearby employment includes manufacturing and corporate functions that help anchor demand for workforce housing, most directly represented by BorgWarner within a short drive.
- BorgWarner — automotive components corporate offices (5.1 miles)
This 1980-vintage, 88-unit property benefits from a renter-heavy neighborhood with occupancy above the metro median and strong national positioning for stability. Household counts within a 3-mile radius are rising despite modest population decline, expanding the tenant base and supporting steady absorption. Ownership costs relative to income sit on the higher side locally, which helps sustain rental demand, while rent-to-income levels remain relatively manageable—factors that can aid pricing discipline and lease retention. According to CRE market data from WDSuite, these dynamics compare favorably with many South Texas submarkets.
The vintage implies ongoing capital planning, but also creates value-add potential through targeted upgrades and operational improvements. Amenity coverage is mixed—convenient for groceries and dining yet thinner on parks and cafes—suggesting room for property-level programming to enhance resident experience and extend average tenure.
- Above-metro neighborhood occupancy and deep renter concentration support leasing stability
- Growing household counts within 3 miles expand the addressable renter pool
- Ownership costs vs. income reinforce rental demand; manageable rent-to-income aids retention
- 1980 vintage offers value-add/modernization upside with prudent capex planning
- Risks: below-metro safety metrics and select amenity gaps require proactive management