| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 53rd | Good |
| Demographics | 51st | Best |
| Amenities | 42nd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1945 N Veterans Blvd, Eagle Pass, TX, 78852, US |
| Region / Metro | Eagle Pass |
| Year of Construction | 1996 |
| Units | 48 |
| Transaction Date | 2022-06-03 |
| Transaction Price | $8,404,270 |
| Buyer | REVIVE HOLLY APARTMENTS LLC |
| Seller | 1925 N VETERANS BLVD |
1945 N Veterans Blvd Eagle Pass Multifamily Investment
Neighborhood occupancy has been steady with a substantial share of renter-occupied units, supporting demand resilience according to WDSuite’s CRE market data. These metrics reflect the surrounding neighborhood, not the property, and suggest stable leasing conditions for well-managed assets.
Located in an inner-suburban pocket of Eagle Pass, the neighborhood scores A- overall and ranks 4th among 16 metro neighborhoods, indicating competitive positioning within the local market. Neighborhood occupancy trends sit above national averages, pointing to durable renter demand rather than short-term spike effects.
Daily-needs access is a local strength: grocery and pharmacy density rank 3rd and 2nd out of 16 in the metro, respectively, and both sit in high national percentiles. Restaurant options are solid by national comparison, while cafes and parks are limited, a typical tradeoff in pragmatic service-oriented corridors. For investors, this mix favors convenience-driven renters and supports retention even without extensive lifestyle amenities.
Renter-occupied housing accounts for roughly two-fifths of neighborhood units and is in a high national percentile, signaling a deep tenant base for multifamily assets. Median contract rents in this area trend below national medians, which, paired with a low rent-to-income burden, suggests manageable affordability pressure and room to maintain occupancy without aggressive concessions.
Within a 3-mile radius, recent population patterns show modest softening over the prior period, but forecasts indicate growth ahead alongside rising household incomes and a projected increase in household counts. Smaller average household sizes are also anticipated, which can translate to more households and a broader renter pool—even if population growth is moderate—supporting occupancy stability for competitively positioned properties, based on CRE market data from WDSuite.
Comparable neighborhood crime metrics are not available in the current WDSuite release for this location. Investors typically benchmark neighborhood trends against city and county reporting, property-level security practices, and historical operating performance to gauge relative safety and potential impact on leasing and retention.
This Eagle Pass location combines steady neighborhood occupancy with a sizable renter-occupied base, creating a supportive backdrop for multifamily cash flow. Daily-needs access is strong—grocery and pharmacy options rank competitively within the metro and compare well nationally—helping bolster renter convenience and retention. Meanwhile, neighborhood rents skew below national levels and rent-to-income burdens are low, a setup that can sustain leasing without heavy concessions, according to commercial real estate analysis from WDSuite.
Looking ahead, 3-mile demographics show rising household incomes and a projected increase in household counts even as household sizes trend smaller. These dynamics can expand the local renter pool and support occupancy stability for well-maintained assets. Key watch items include limited lifestyle amenities like parks and cafes and the area’s relatively accessible ownership costs, which can compete with rentals in certain price bands.
- Steady neighborhood occupancy and high renter concentration support demand stability.
- Strong daily-needs access (groceries, pharmacies) enhances retention and leasing velocity.
- Below-national rent levels and low rent-to-income burden reduce affordability pressure.
- 3-mile outlook points to more households and rising incomes, expanding the tenant base.
- Risks: limited lifestyle amenities and more accessible ownership options may pressure rent growth at higher price points.