| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 52nd | Poor |
| Demographics | 38th | Fair |
| Amenities | 27th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2430 S Cockrell Hill Rd, Dallas, TX, 75211, US |
| Region / Metro | Dallas |
| Year of Construction | 1973 |
| Units | 119 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2430 S Cockrell Hill Rd Dallas Multifamily Investment
Neighborhood fundamentals point to durable renter demand and above-metro occupancy, according to WDSuite’s CRE market data. Stability is supported by a deep renter base and accessible pricing relative to the Dallas-Plano-Irving metro.
This Inner Suburb location in Dallas balances everyday convenience with investment-oriented fundamentals. Neighborhood occupancy trends sit in the higher range (top fifth nationally), while renter-occupied housing accounts for a comparatively large share of units (high national percentile), reinforcing a steady tenant base and supporting leasing continuity.
Daily-needs access is strongest for groceries and dining, with grocery options competitive among Dallas-Plano-Irving neighborhoods and restaurants also above typical levels; cafes, parks, and pharmacies are thin locally. For investors, that mix supports day-to-day livability even if some lifestyle amenities may require short drives.
Within a 3-mile radius, household counts have edged up even as the broader population has ticked down, indicating smaller average household sizes and a renter pool that remains active. Forward-looking estimates point to further household growth, which can enlarge the prospective tenant base and help sustain occupancy through cycles.
Ownership costs in the immediate neighborhood are lower than many Dallas submarkets (low national percentile for home values). That can create some competition with entry-level ownership, but it also supports lease retention for residents who prioritize flexibility and near-term cash outlays. Median contract rents in the neighborhood track around the middle of national ranges, which can aid pricing power without overextending rent-to-income levels.
Safety indicators for the neighborhood are below national averages overall (national percentile in the lower ranges), so investors should underwrite with prudent security and operational protocols. Notably, recent trends show improvement in violent-offense measures year over year, suggesting conditions have been moving in a more favorable direction compared with many neighborhoods nationwide.
Within the Dallas-Plano-Irving metro’s 1,108 neighborhoods, the area is not among the top quartile for safety, but the improving trajectory can support resident satisfaction and retention when paired with on-site lighting, access control, and community engagement. Always validate current conditions with property-level incident logs and up-to-date local reporting.
Proximity to major employers underpins workforce housing demand and commute convenience for residents. Nearby anchors include AT&T, Tenet Healthcare, and Jacobs Engineering Group, along with additional corporate headquarters within a roughly 7–11 mile radius that can support leasing stability.
- AT&T — telecommunications (6.7 miles) — HQ
- Tenet Healthcare — healthcare services (6.8 miles) — HQ
- Jacobs Engineering Group — engineering & professional services (7.0 miles) — HQ
- Hollyfrontier — energy (7.1 miles) — HQ
- Builders Firstsource — building materials (7.1 miles) — HQ
Built in 1973, this 119-unit asset presents classic value-add angles: interior upgrades and systems modernization can enhance competitiveness versus newer stock while maintaining approachable rents. Neighborhood signals point to durable demand—occupancy sits well above national medians and renter-occupied share is high—supporting income stability and steady leasing. According to CRE market data from WDSuite, daily-needs access is anchored by strong grocery and restaurant density, while household growth within a 3-mile radius should expand the tenant base over time.
Affordability remains a relative advantage: rent levels sit near national midpoints and rent-to-income measures are moderate, aiding retention and minimizing turnover costs. Offset considerations include thinner lifestyle amenities (parks, cafes) and safety metrics that trail national norms, which argue for disciplined operations, targeted capital plans, and resident engagement to capture the submarket’s demand while managing risk.
- High neighborhood occupancy and sizable renter-occupied share support leasing stability
- 1973 vintage offers clear value-add and systems-upgrade potential to drive NOI
- Household growth within 3 miles expands the tenant base and supports demand
- Grocery and dining access bolster day-to-day livability and retention
- Risks: below-average safety metrics and limited parks/cafes warrant proactive management