| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 31st | Poor |
| Demographics | 14th | Poor |
| Amenities | 22nd | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 519 N Main St, Donna, TX, 78537, US |
| Region / Metro | Donna |
| Year of Construction | 1993 |
| Units | 50 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
519 N Main St Donna Multifamily Investment Opportunity
1993 vintage, 50-unit asset positioned for value-add in a renter base that is projected to deepen nearby, according to WDSuite’s CRE market data. Neighborhood occupancy is softer, so underwriting should prioritize operational improvements and lease management.
Donna sits in the McAllen-Edinburg-Mission metro’s inner suburban fabric, offering pragmatic access to daily needs with a cost-conscious tenant base. Neighborhood occupancy is below the metro median, which places a premium on hands-on operations, resident retention, and targeted upgrades to win leases against older Class C stock.
Local amenity density is mixed. Grocer access ranks competitive among 205 metro neighborhoods (high national percentile), which supports daily convenience, while parks, pharmacies, cafes, and childcare are thinner and will not be a primary leasing draw. Average school ratings in the neighborhood track in the lower national percentiles, so family-driven leasing may be more price-sensitive than quality-driven.
Renter-occupied housing represents roughly one-third of neighborhood units, indicating a workable tenant base for small and mid-size multifamily. Within a 3-mile radius, households have grown while average household size has edged down, pointing to incremental household formation and a broader renter pool over time. Forward-looking estimates show increases in population and households by 2028, which supports occupancy stability for well-managed communities.
Home values in the neighborhood are low relative to national norms, which can create some competition from entry-level ownership. For investors, this tends to favor value pricing and consistent resident service to maintain lease retention rather than outsized rent pushes. Rent-to-income levels indicate manageable affordability pressure, suggesting room for modest, renovation-backed rent premiums where improvements meaningfully enhance livability.
Construction in the immediate area skews slightly newer on average than this asset. With a 1993 build, the property can be positioned against older peers through targeted capital programs that address interiors, common areas, and building systems to improve competitive standing and leasing velocity.
Public safety metrics for this neighborhood are limited in the current WDSuite release, so investors should rely on multi-period, metro-relative comparisons and property-level incident history when assessing risk. A prudent approach is to benchmark trends against nearby inner-suburban peers in McAllen-Edinburg-Mission and incorporate on-site security practices and lighting plans into operations as needed.
Proximity to regional employers supports workforce housing demand and practical commute times for residents. Notable nearby employers include logistics and media services operations that can contribute to weekday stability and lease retention.
- United Parcel Service — logistics (9.8 miles)
- R R Donnelley & Sons — print & business services (13.6 miles)
- Dish Network — communications services (24.0 miles)
This 50-unit, 1993-built property combines attainable rents with value-add potential in an inner-suburban location where grocer access is comparatively strong but overall amenity depth is thinner. Neighborhood occupancy runs below metro norms, making execution the core lever: modest interior renovations, improved curb appeal, and resident experience can widen the leasing funnel and support steadier occupancy. Within a 3-mile radius, households have increased and are projected to expand further, indicating a larger tenant base and support for stabilized operations. Based on commercial real estate analysis using WDSuite’s CRE market data, rent levels relative to income suggest room for renovation-backed premiums without overextending affordability.
Counterweights include competitive pressure from low-cost homeownership locally and lower-rated schools that can temper family-driven demand. These risks are manageable with disciplined pricing, targeted value-add scope, and focused service delivery aimed at workforce renters seeking convenience and reliability.
- Value-add upside: 1993 vintage with scope for unit/interior and systems upgrades to improve competitive positioning.
- Demand drivers: 3-mile household growth and projected renter pool expansion support leasing and occupancy over time.
- Operating focus: Below-metro neighborhood occupancy underscores the importance of active management and resident retention.
- Pricing power: Rent-to-income levels indicate capacity for renovation-backed premiums while maintaining tenant retention.
- Key risks: Competition from entry-level ownership and limited amenity depth; mitigate via disciplined pricing and targeted capex.