| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 42nd | Fair |
| Demographics | 7th | Poor |
| Amenities | 48th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 200 Zaragoza St, Laredo, TX, 78040, US |
| Region / Metro | Laredo |
| Year of Construction | 1996 |
| Units | 108 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
200 Zaragoza St Laredo Multifamily Investment
Renter-occupied housing is prevalent in this inner-suburban pocket of Laredo, supporting a durable tenant base according to WDSuite’s CRE market data. The location’s everyday convenience helps underpin leasing stability even as broader conditions evolve, offering practical context for commercial real estate analysis.
This Inner Suburb neighborhood carries a C+ rating within Laredo (42nd of 63), signaling an established area with steady renter activity rather than a fast-growth corridor. Neighborhood occupancy trends sit below many U.S. areas, but the renter concentration is high for the metro, indicating a deeper pool of renter-occupied units that can support demand across cycles.
Daily-needs access is a relative strength: grocery availability ranks near the top of the metro and childcare density is similarly strong, while parks, pharmacies, and cafes are limited. For investors, this mix points to solid day-to-day convenience for residents alongside potential quality-of-life gaps that may influence retention strategies or amenity upgrades at the asset level.
Construction in the immediate area skews older on average, so a 1996-vintage asset can position competitively against pre-war stock while still warranting selective modernization of building systems and common areas to meet current renter expectations.
Within a 3-mile radius, population has edged lower in recent years while household sizes have trended smaller; forward-looking estimates point to flat-to-down population but a potential increase in total households, implying a larger tenant base even without broad population growth. Median incomes have improved, and elevated ownership costs relative to local incomes reinforce reliance on rental options—factors that can support occupancy stability and pricing discipline, based on multifamily property research from WDSuite.
Safety indicators place the neighborhood in the lower half of Laredo’s 63 neighborhoods, suggesting crime occurs more frequently here than in many parts of the metro. Nationally benchmarked metrics point to below-average safety levels, though recent data show a meaningful decline in violent incidents year over year, indicating an improving trend.
For underwriting, a prudent approach is to incorporate enhanced security measures and resident engagement into operations while monitoring the improving trajectory. Compare insurance, policing collaboration, and on-site protocols with submarket peers to calibrate risk relative to achievable rents.
Regional employment access is supported by manufacturing-adjacent roles that can help sustain workforce renter demand and commute convenience. Notable nearby employer:
- BorgWarner — automotive components (7.9 miles)
Built in 1996, this 108-unit property competes favorably against the neighborhood’s older housing stock, with scope for targeted upgrades to enhance curb appeal and operating efficiency. Renter-occupied housing is prevalent locally, and ownership remains relatively high-cost versus incomes, which supports depth of demand and lease retention. According to CRE market data from WDSuite, the area’s convenience to groceries and childcare helps underpin everyday livability, while lower neighborhood occupancy versus many U.S. areas argues for disciplined leasing and value creation through operations and thoughtful renovations.
Within a 3-mile radius, population is expected to be flat to modestly down while household counts trend higher as average household size declines—conditions that can expand the renter pool even without broad population growth. Investors should weigh these supportive dynamics against elevated safety considerations and limited park/pharmacy access, using asset-level improvements and security to drive competitive positioning.
- 1996 vintage offers competitive positioning versus older local stock, with modernization upside.
- High renter concentration supports demand depth and occupancy stability.
- Everyday convenience to groceries and childcare supports retention and leasing velocity.
- Smaller household sizes forecast a larger tenant base even with muted population growth (3-mile radius).
- Risks: below-average neighborhood safety and occupancy require rigorous operations, security, and targeted amenity upgrades.