| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 54th | Poor |
| Demographics | 11th | Poor |
| Amenities | 49th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3328 Clydedale Dr, Dallas, TX, 75220, US |
| Region / Metro | Dallas |
| Year of Construction | 1985 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
3328 Clydedale Dr Dallas Multifamily Investment
High renter concentration in the immediate neighborhood supports a deep tenant base, while occupancy trends suggest active management is important, according to WDSuite’s CRE market data.
This Inner Suburb location offers day-to-day convenience with strong food access: neighborhood grocery density ranks among the highest nationally and restaurants are similarly abundant, while parks, cafes, and pharmacies are limited. Taken together, amenity access is competitive among Dallas-Plano-Irving neighborhoods without being a lifestyle outlier.
Neighborhood occupancy is below the metro median, pointing to some leasing volatility relative to stronger Dallas submarkets. Counterbalancing this, renter-occupied housing units account for a very high share of the neighborhood’s stock, indicating substantial depth in the multifamily tenant base and supporting ongoing leasing activity for properties of this scale.
Within a 3-mile radius, recent data show a slight contraction in population alongside an increase in total households, implying smaller household sizes and a gradual shift that can sustain demand for rental units. Forward-looking projections in the same 3-mile area indicate continued growth in households, which would enlarge the local renter pool and help support occupancy stability over time.
The property’s 1985 vintage is older than the neighborhood’s average construction year, highlighting potential value-add and capital planning opportunities. Neighborhood-level rent-to-income signals point to some affordability pressure, which argues for disciplined lease management and resident retention strategies rather than aggressive near-term pricing. These takeaways are grounded in commercial real estate analysis supported by WDSuite’s market data.
Safety conditions in the neighborhood are below the national average, and the area places below the median relative to the 1,108 neighborhoods in the Dallas-Plano-Irving metro. Recent trends, however, show year-over-year improvement in both violent and property offense rates, suggesting risk remains present but is moving in a constructive direction.
For investors, this backdrop argues for prudent on-site security practices and resident engagement. Monitoring local trendlines can help align operating plans with evolving conditions, while still recognizing that safety varies by block and property and should be validated during diligence.
Proximity to major corporate offices supports a broad workforce renter base and commute convenience for residents, with demand anchored by Southwest Airlines, Xerox, Energy Transfer Equity, Celanese, and IBM.
- Southwest Airlines — airlines/corporate offices (1.3 miles) — HQ
- Xerox — corporate offices (1.7 miles)
- Energy Transfer Equity — energy infrastructure (3.5 miles) — HQ
- Celanese — chemicals/corporate offices (4.5 miles) — HQ
- IBM Dallas Metroplex — technology/corporate offices (4.7 miles)
3328 Clydedale Dr is a 24-unit, 1985-vintage asset positioned in a renter-heavy neighborhood that benefits from abundant grocery and restaurant access and proximity to major employers. While neighborhood occupancy trends trail stronger Dallas submarkets, the depth of renter-occupied housing supports a resilient tenant base. According to CRE market data from WDSuite, recent safety trendlines are improving from a below-average baseline, reinforcing the case for operational focus rather than discounting long-term fundamentals.
The older vintage presents straightforward value-add potential through targeted renovations and systems updates, with leasing supported by a large local workforce and growing household counts within a 3-mile radius. Affordability pressure signals advise measured rent strategies that balance pricing power with retention to protect occupancy.
- Renter-heavy neighborhood supports a deep and diversified tenant base
- 1985 vintage offers value-add and capital planning upside
- Strong grocery/restaurant access and nearby employers aid leasing and retention
- Household growth within 3 miles expands the renter pool over time
- Risks: below-median neighborhood occupancy, below-average safety baseline, and affordability pressures require disciplined operations