| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 61st | Fair |
| Demographics | 73rd | Best |
| Amenities | 29th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 7780 McCallum Blvd, Dallas, TX, 75252, US |
| Region / Metro | Dallas |
| Year of Construction | 1990 |
| Units | 66 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
7780 McCallum Blvd Dallas Multifamily Investment
Positioned in an inner-suburb pocket with solid renter demand and stable neighborhood occupancy, this 66-unit asset offers durable cash flow potential, according to WDSuite’s CRE market data. Newer-than-area vintage supports competitive positioning with scope for targeted upgrades.
This inner-suburb location in the Dallas-Plano-Irving metro skews favorable on resident fundamentals and renter depth. Neighborhood data indicate a higher renter-occupied share (about half of units are renter-occupied), which points to a deeper tenant base and supports leasing velocity and retention. At the neighborhood level, occupancy is in the low 90s, suggesting steady demand and manageable turnover for well-operated properties.
Relative positioning is balanced: demographics are competitive among Dallas-Plano-Irving neighborhoods and land in the top quartile nationally, while overall housing indicators sit above the metro median. Pharmacy access is strong, and restaurants per square mile are above national norms, but immediate walkable amenities like parks, cafes, and grocery stores are limited. For investors, this mix implies auto-oriented convenience with essentials nearby and potential to differentiate through on-site services and resident programming.
Construction trends in the neighborhood skew older, with the average home vintage earlier than this property’s 1990 build year. Being newer than the local average enhances competitive positioning versus older stock, though investors should plan for age-related systems updates or cosmetic modernization to sustain rentability and reduce future capital surprises.
Within a 3-mile radius, population has been growing and is projected to continue expanding alongside a larger household count, pointing to a gradually expanding renter pool. Median household incomes are solid for the metro, and rent-to-income levels indicate manageable affordability pressure, which can support occupancy stability and lease renewal rates over a hold period.
Neighborhood safety compares favorably in a national context, with overall crime measures landing above the U.S. average for safety. Recent data also show notable year-over-year declines in both violent and property incidents, reinforcing a constructive trend line for resident perception and leasing.
At the metro scale, the area performs competitively among Dallas-Plano-Irving neighborhoods. While no location is risk-free, the combination of comparatively strong national standing and improving recent trends suggests a stable operating environment for multifamily assets.
Proximity to diversified employers underpins workforce-driven renter demand and commute convenience, led by defense, life sciences, retail corporate, and semiconductor offices nearby. The list below reflects key employment nodes most relevant to leasing and retention at this address.
- General Dynamics — defense & aerospace offices (4.0 miles)
- Thermo Fisher Scientific — life sciences (4.3 miles)
- Costco Regional Office — retail corporate (4.4 miles)
- Raytheon — defense & aerospace offices (4.8 miles)
- Texas Instruments — semiconductors (5.3 miles) — HQ
The property’s 1990 vintage is newer than the neighborhood’s average housing stock, offering a relative edge over older assets while leaving room for targeted value-add work to refresh interiors and address aging systems. Neighborhood occupancy sits in the low 90s and the renter-occupied share is elevated for the region, supporting a broad tenant base and steady leasing. Elevated ownership costs in the area, combined with rent-to-income levels that suggest manageable affordability pressure, further reinforce renter reliance on multifamily housing, based on CRE market data from WDSuite.
Within a 3-mile radius, recent population growth and a projected increase in households point to a larger tenant base over the next several years, which can support occupancy stability and pricing power for well-managed assets. The submarket’s employer mix—defense, life sciences, retail corporate, and semiconductors—adds cyclical diversification that can aid renewal rates and mitigate vacancy risk through different phases of the cycle.
- Newer-than-area vintage (1990) with value-add upside to modernize systems and finishes
- Stable neighborhood occupancy and elevated renter concentration support leasing and retention
- High-cost ownership market reinforces multifamily demand and renewal potential
- Expanding 3-mile renter pool and diversified nearby employers underpin demand resilience
- Risks: limited immediate walkable amenities and potential competition from ownership options if homebuying becomes more accessible