Shadow Creek - Phase I & II | Lufkin, TX

Auctioneer Name: Lamar P. Fisher

Auctioneer License ID : 10344

Starting Bid : $3,000,000

Receivership Sale: Multifamily Lease-Up Opportunity | Shadow Creek I & II Subject to Court Authorization to Conduct Auction Tours are available, by appointment only, on Wednesday, May 6th from 1:00 PM–5:00 PM or Thursday, May 7th from 9:00 AM–12:00 PM. Please contact Claire Schmeltekopf (, 214.545.6941 office, 254.744.5636 cell) to schedule. Please do not arrive unannounced, nor disturb tenants. Investment Highlights Significant Lease-Up Upside: Currently 51.3% occupied, offering a clear path to stabilization and NOI growth. Newer Vintage Asset: Built in 2000, newer than most Lufkin multifamily inventory, supporting long-term durability and appeal. Strong Market Fundamentals: Lufkin averages ~90.8% occupancy with rents up nearly 5% since 2024 (ALN), supporting lease-up and rent growth. Proximity to Key Demand Drivers: Less than one mile from Angelina College, near Loop 287 and South First Street retail and dining. Stable Local Economy: Supported by healthcare, manufacturing, and retail, providing consistent rental demand. Broad Unit Mix: One-, two-, and three-bedroom units appeal to a wide renter base and support absorption. Offering Summary Edge Capital Markets, in conjunction with, RealINSIGHT Marketplace, are pleased to present for sale Shadow Creek I & II in Lufkin, Texas. Shadow Creek I & II is a 222-unit, garden-style multifamily community located at 2807 Daniel McCall Drive in Lufkin, Texas. Constructed in 2000, the property sits on approximately 15 acres and consists of eight residential buildings across two phases separated by Daniel McCall Drive: Shadow Creek I (132 units) and Shadow Creek II (90 units). Currently 51.3% occupied, the property features a well-balanced mix of one-, two-, and three-bedroom floor plans designed to serve a broad renter demographic. Community amenities include a clubhouse, business center, fitness center, coffee concierge, swimming pool, laundry facility, pet play area, picnic and grilling areas, and a playground, creating a fully equipped living environment for residents. Shadow Creek represents one of the newer-vintage multifamily communities in the Lufkin market, where the majority of competing properties were developed prior to 2000. According to ALN Apartment Data, the Lufkin multifamily market maintains an average occupancy of approximately 90.8%, reflecting strong underlying rental demand. Shadow Creek’s average effective rent of $1,132 exceeds the market average of $995, and asking rents across the market have increased nearly 5% since 2024. The property’s current 45.5% occupancy provides an immediate opportunity for a new owner to execute a lease-up and stabilization strategy in a high-occupancy market, driving organic revenue growth through operations. The property is conveniently located just south of downtown Lufkin with direct access to Loop 287 and close proximity to Angelina College, which serves approximately 5,927 students. Residents benefit from nearby daily retail, dining, and service options along South First Street, as well as efficient connectivity throughout the city.