| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 45th | Good |
| Demographics | 51st | Good |
| Amenities | 61st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2001 Avenue F, El Campo, TX, 77437, US |
| Region / Metro | El Campo |
| Year of Construction | 1977 |
| Units | 87 |
| Transaction Date | 2019-09-20 |
| Transaction Price | $4,500,000 |
| Buyer | GREENBRIAR APARTMENT HOMES LLC |
| Seller | X3PROPERTIES I LLC |
2001 Avenue F, El Campo TX Multifamily Value-Add
Neighborhood fundamentals point to stable renter demand and room for operational upside, according to WDSuite s CRE market data. A low rent-to-income profile at the neighborhood level suggests potential for disciplined revenue management while maintaining occupancy.
The property sits in an A+ rated neighborhood that ranks 1st out of 22 metro neighborhoods, signaling strong local fundamentals for a smaller Texas market. Neighborhood rent levels and incomes indicate balanced affordability, and the area s low rent-to-income ratio ranks in the top percentile nationally hich supports retention and measured pricing power for multifamily operators, based on WDSuite s CRE market data.
Daily-needs access is a relative strength: grocery, pharmacy, and park availability all track above national midpoints, while caf e9 density is limited. Average school ratings trend slightly above national midpoints for comparable neighborhoods, which can aid longer-term tenant retention for family-oriented renters. Neighborhood occupancy is below the national midpoint, so leasing strategies should emphasize product quality and value to capture share.
Vintage positioning matters: the submarket s average construction year is 1984, and this asset s 1977 vintage is older than the local average ighlighting potential value-add through unit/interior modernization and targeted capital planning. The surrounding area shows a moderate renter-occupied share at the neighborhood level, indicating a meaningful tenant base without excessive concentration; investors should anticipate steady but competitive demand from workforce and service-oriented households.
Within a 3-mile radius, demographics point to a growing tenant base: recent population and household gains are positive, and forecasts indicate further growth in households through the medium term. This trajectory translates into a larger renter pool over time, which can support occupancy stability and absorption of renovated units.
Comparable neighborhood safety insights are limited in the current dataset for this location. Investors typically benchmark conditions against city and county trends and weigh on-the-ground observations, local law enforcement briefings, and recent property-level incident reports to inform underwriting.
Given the lack of published rank or percentile data for crime in this neighborhood, a prudent approach is to review multi-year trends and consider measures such as lighting, access control, and resident engagement when planning value-add scopes and operating budgets.
The investment case centers on solid neighborhood positioning, favorable affordability dynamics, and value-add potential. The area ranks 1st of 22 metro neighborhoods and shows above-median access to daily needs, while the neighborhood s very low rent-to-income ratio (top percentile nationally) suggests capacity for disciplined rent growth alongside tenant retention, per CRE market data from WDSuite. Neighborhood occupancy trends below the national midpoint point to competition, making product differentiation and management execution important.
Built in 1977, the asset is older than the neighborhood s average vintage, creating a clear modernization pathway that can capture demand from a growing 3-mile renter pool. Capital planning should focus on systems, interiors, and curb appeal to enhance leasing velocity and stabilize cash flows against competing stock.
- Top neighborhood ranking (1 of 22) supports fundamentals and leasing visibility.
- Very low neighborhood rent-to-income profile supports retention and measured pricing power.
- 1977 vintage provides value-add scope to outperform older competitive set with targeted upgrades.
- 3-mile population and household growth expand the tenant base for renovated units.
- Risk: neighborhood occupancy below national midpoints increases competition equires strong operations and amenity positioning.