| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 75th | Best |
| Demographics | 92nd | Best |
| Amenities | 65th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2530 Reagan St, Dallas, TX, 75219, US |
| Region / Metro | Dallas |
| Year of Construction | 2006 |
| Units | 55 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2530 Reagan St Dallas Multifamily Investment
Urban-core location with strong renter demand and high-income households nearby, according to WDSuite’s CRE market data. Neighborhood amenities and a deep professional tenant base support leasing durability for a 55-unit asset.
This Urban Core pocket of Dallas ranks highly for livability and investor fundamentals. Neighborhood amenities are a clear strength: restaurant density sits in the top quartile nationally (99th percentile), with groceries, parks, and pharmacies also near the top (96th–98th percentiles). Average school ratings are above national norms (84th percentile), which can aid long-term neighborhood stability even for primarily renter-driven properties.
Renter concentration in the neighborhood is elevated at roughly three-quarters of housing units being renter-occupied (98th percentile nationally), indicating a broad tenant base and depth of demand for multifamily. Median contract rents benchmark above most areas (91st percentile), while rent-to-income levels suggest manageable affordability pressure at the neighborhood level (22nd percentile nationally), which can support retention and pricing discipline for well-positioned assets.
Within a 3-mile radius, demographic data point to a large and growing pool of qualified renters: population and household counts have trended upward, with households expanding faster than population, signaling smaller average household sizes and continued demand for smaller-format units. Income profiles are strong and rising, and the share of residents with bachelor’s degrees is among the highest nationally, supporting demand from young professionals. These trends, based on WDSuite’s multifamily property research, tie directly to occupancy stability and leasing velocity for professionally managed buildings.
Notable context: the neighborhood’s average construction year skews older than this property, creating potential competitive advantages for newer assets. However, the reported neighborhood occupancy rate sits below the national median, so execution on marketing, unit mix, and operations will remain important to capture the area’s strong demand drivers.
Safety indicators for this neighborhood track below national medians, with violent and property offense rates comparing weaker than many U.S. neighborhoods. Year-over-year trends are mixed: estimated violent incidents show improvement, while property offenses have risen. For investors, this suggests the need to underwrite proactive security measures and resident-experience programming while weighing the area’s strong amenity access and renter demand.
Within the Dallas-Plano-Irving metro (1,108 neighborhoods), the neighborhood’s crime standing is not among the top-performing cohorts, but recent improvement on some measures indicates directional progress. Positioning, lighting, and partnership with professional management can help mitigate risk and support resident retention.
Proximity to major corporate offices strengthens weekday demand and supports retention among professional renters. Nearby employers include Energy Transfer, HollyFrontier, Dean Foods, Tenet Healthcare, and Builders FirstSource.
- Energy Transfer — energy infrastructure (0.9 miles)
- Hollyfrontier — energy (0.9 miles) — HQ
- Dean Foods — food & beverage (1.3 miles) — HQ
- Tenet Healthcare — healthcare services (1.6 miles) — HQ
- Builders Firstsource — building materials (1.8 miles) — HQ
Built in 2006, the property is newer than the neighborhood’s average vintage, positioning it competitively against older Urban Core stock while still warranting mid-life system refresh planning. The unit count (55) and compact average unit size can align with the area’s strong base of single-person households and young professionals, supporting occupancy stability and steady leasing in a high-amenity environment.
Neighborhood fundamentals are compelling for long-term multifamily positioning: a high share of renter-occupied housing, strong incomes, and top-tier amenity access underpin demand, while within a 3-mile radius both population and households are projected to grow, indicating a larger tenant base over time. According to commercial real estate analysis from WDSuite, neighborhood rents benchmark high relative to national peers, and rent-to-income levels indicate room for disciplined pricing — though investors should account for the area’s below-median occupancy and safety readings in underwriting and asset management plans.
- 2006 vintage offers competitive positioning versus older local stock, with mid-life capital planning in view
- Elevated renter concentration and strong incomes support a deep tenant base and leasing durability
- Amenity-rich Urban Core location near major employers aids retention and absorption
- Compact unit mix caters to smaller households prevalent within a 3-mile radius
- Risks: below-median neighborhood occupancy and safety metrics require active management and conservative underwriting