| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 64th | Good |
| Demographics | 78th | Best |
| Amenities | 42nd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 10011 N Central Expy, Dallas, TX, 75231, US |
| Region / Metro | Dallas |
| Year of Construction | 2013 |
| Units | 31 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
10011 N Central Expy Dallas Multifamily Investment
Positioned in an inner-suburb pocket with steady renter demand, the neighborhood's occupancy trends hover in the high-80s and support leasing stability, according to WDSuite's CRE market data. A majority renter-occupied housing mix within 3 miles further underpins depth of the tenant base.
This inner-suburb location benefits from solid daily needs access and dining density, with neighborhood amenities performing competitive among Dallas-Plano-Irving neighborhoods (cafes and restaurant concentrations test well versus national benchmarks). Rents track in the upper percentiles nationally while neighborhood occupancy sits below the metro median, suggesting stable demand with more selective pricing power.
The 2013 construction year is newer than the neighborhood's predominantly mid-century housing stock (average vintage mid-1960s), which can offer competitive positioning versus older properties while still requiring periodic system updates and modernization over the hold. Elevated home values in the immediate area indicate a high-cost ownership market, which helps sustain reliance on multifamily housing and can support retention.
Within a 3-mile radius, demographics show a large working-age cohort and a sizable upper-income segment; households have grown in recent years and are projected to expand further, pointing to a larger tenant base and support for occupancy. Median school ratings trend below national norms in the neighborhood, so marketing may rely more on commute convenience and amenity access than on school-driven demand.
For investors, the combination of strong local incomes, a renter-occupied majority within 3 miles, and proximity to major employers indicates steady renter demand, while the area's below-metro occupancy rank suggests underwriting should remain disciplined on lease-up timelines and concessions. These dynamics align with a data-driven view based on commercial real estate analysis from WDSuite's coverage of the Dallas-Plano-Irving metro.
Relative to other neighborhoods in the Dallas-Plano-Irving metro (1,108 neighborhoods), this area ranks in the lower half for safety and trends below the national median. In practical terms, that means investors should plan for standard security measures, lighting, and access controls to support resident comfort and retention.
Property and violent offense indicators have shown recent increases at the neighborhood level, so operators may consider partnership with local patrol services and proactive on-site management. The takeaway is comparative context, not block-level prediction: safety conditions are workable with professional management, but they are less favorable than stronger-ranking Dallas neighborhoods.
Nearby corporate anchors broaden the professional renter pool and support leasing durability, led by semiconductor, energy, and food & beverage headquarters within an easy commute.
- Texas Instruments — semiconductor (1.97 miles) — HQ
- Texas Instruments South Campus — semiconductor operations (2.20 miles)
- Energy Transfer Equity — energy infrastructure (2.62 miles) — HQ
- Energy Transfer — energy infrastructure (5.18 miles)
- Dean Foods — food & beverage (5.54 miles) — HQ
Built in 2013, this 31-unit asset is newer than much of the surrounding mid-century stock, offering competitive curb appeal and systems efficiency versus older comparables while leaving room for targeted upgrades over time. Neighborhood rents sit in higher national percentiles and, according to CRE market data from WDSuite, occupancy runs in the high-80s, indicating steady demand with the need for disciplined lease management.
Within a 3-mile radius, the renter-occupied share of housing units is the majority and households are projected to grow, expanding the tenant base. Elevated ownership costs nearby support sustained reliance on multifamily, while proximity to major employers bolsters commute-driven demand. Offsetting factors include a below-metro safety ranking and weaker school ratings, which suggest focusing positioning on workforce and professional renters, amenity access, and operational execution.
- 2013 vintage outcompetes older neighborhood stock; scope for targeted modernization
- Neighborhood rents in higher national percentiles support revenue potential with careful pricing
- Majority renter-occupied housing within 3 miles and projected household growth expand tenant base
- Proximity to Texas Instruments and energy HQs supports leasing stability
- Risks: below-metro safety ranking and softer school ratings require strong on-site management and resident engagement