| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 40th | Poor |
| Demographics | 12th | Poor |
| Amenities | 30th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3301 S Tyler St, Dallas, TX, 75224, US |
| Region / Metro | Dallas |
| Year of Construction | 1973 |
| Units | 81 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
3301 S Tyler St Dallas Multifamily Investment
Neighborhood occupancy has been resilient and sits above the metro median, pointing to stable renter demand according to CRE market data from WDSuite. With pricing still accessible relative to core Dallas submarkets, the asset can compete on value while focusing on steady operations.
This Inner Suburb location in Dallas offers day-to-day convenience with a concentration of restaurants nearby (stronger than most neighborhoods nationally), while select family services like childcare are well represented. Broader retail such as groceries and pharmacies is thinner within the immediate neighborhood, so residents often draw from adjacent corridors for errands.
From an operations standpoint, the neighborhood s occupied housing share is solid. The neighborhood s occupancy rate is above the metro median and sits in the top quartile nationally, a positive read-through for renewal and leasing stability based on CRE market data from WDSuite. Within a 3-mile radius, roughly two-fifths of housing units are renter-occupied, indicating a meaningful tenant base to support an 81-unit community without relying solely on in-migration.
Household dynamics within a 3-mile radius point to a larger renter pool over time even as total population trends soften: households have increased recently and are projected to rise further, while average household size is trending smaller. For investors, that mix typically supports absorption of well-managed, moderately priced units and can aid occupancy during turnover cycles.
Home values in the neighborhood remain more accessible than many Dallas submarkets, which can create some competition with ownership options. However, measured rent-to-income levels are moderate, which can support retention and reduce affordability pressure for renters, helping maintain consistent cash flows in stabilized operations.
Safety indicators for the neighborhood trail national norms, with crime levels that are higher than many areas of the Dallas-Plano-Irving metro. In metro context, this places the neighborhood in a higher-crime tier among the 1,108 neighborhoods tracked, so investors should underwrite security measures and loss assumptions accordingly.
Trendwise, both violent and property offenses have declined year over year, signaling improvement momentum. While the area does not rank among the safer neighborhoods nationally, the recent downward trend may help mitigate risk over a multi-year hold if sustained. Comparisons are based on neighborhood-level statistics from WDSuite and should be paired with property-specific incident reviews and insurer guidance.
Proximity to major corporate employers supports a steady renter pipeline, particularly for workforce and professional tenants with downtown and near-downtown commutes. The employers below represent nearby headquarters and corporate offices that can underpin leasing stability.
- AT&T corporate offices (5.7 miles) HQ
- Tenet Healthcare healthcare services (5.9 miles) HQ
- Jacobs Engineering Group engineering & professional services (6.0 miles) HQ
- Builders Firstsource building materials (6.1 miles) HQ
- Hollyfrontier energy (6.5 miles) HQ
3301 S Tyler St is a 1973-vintage, 81-unit community positioned in an inner-suburban pocket where neighborhood occupancy is above the metro median and in the stronger national percentiles, supporting an underwriting case for stable rent rolls. Within a 3-mile radius, a meaningful share of housing units is renter-occupied and household counts are rising even as population trends soften, implying smaller household sizes and a broader tenant base for well-priced units. According to CRE market data from WDSuite, local rent levels relative to income suggest manageable affordability pressure, which can aid renewal rates and limit turnover costs.
Given its early-1970s construction, the property may benefit from targeted capital planning and value-add upgrades to remain competitive versus newer stock. Neighborhood home values are comparatively accessible in the Dallas context a potential competitive headwind from ownership options but proximity to major employers and strong restaurant and childcare access help sustain day-to-day appeal and leasing velocity.
- Occupancy above the metro median and strong national standing supports cash flow stability
- Renter concentration and projected household gains within 3 miles expand the tenant base
- Early-1970s vintage offers value-add and systems-upgrade opportunities to lift rents
- Accessible ownership costs nearby are a competitive risk; asset can compete on operational quality and price point