| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 41st | Poor |
| Demographics | 41st | Fair |
| Amenities | 63rd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 7317 Holly Hill Dr, Dallas, TX, 75231, US |
| Region / Metro | Dallas |
| Year of Construction | 1978 |
| Units | 109 |
| Transaction Date | 1995-12-28 |
| Transaction Price | $1,875,000 |
| Buyer | NURAN INC |
| Seller | NOORANI KARIM R |
7317 Holly Hill Dr Dallas Multifamily Investment
High renter concentration and strong daily-needs access in the surrounding neighborhood point to durable leasing potential, according to WDSuite’s CRE market data. Neighborhood occupancy is below peak levels but has improved in recent years, suggesting demand resilience as amenities and employment options reinforce renter appeal.
Positioned in an inner-suburban Dallas location, the neighborhood scores competitive among 1,108 Dallas–Plano–Irving neighborhoods for overall amenities, with standout access to groceries, parks, pharmacies, and restaurants. These daily-needs anchors help support resident retention and reduce turnover friction for multifamily assets.
Renter-occupied housing is a defining feature here: the neighborhood’s renter concentration is high, indicating a deep tenant base for multifamily operators. Neighborhood occupancy is in the high‑80s and has trended upward over the last five years, a constructive signal for lease stability even as the area remains price-sensitive.
Within a 3‑mile radius, demographic data show households have increased while average household size has edged down, expanding the pool of potential renters. Forecasts call for a meaningful increase in households by 2028, which would broaden the tenant base and support occupancy and leasing velocity for well-managed properties.
Relative value dynamics also matter for investors. Neighborhood home values are lower than many Dallas submarkets, which can introduce some competition from ownership options; however, the area’s established renter base and everyday amenity coverage typically sustain rental demand. Average school ratings are mid-range, aligning with a workforce renter profile rather than a premium family-driven demand story.
Safety indicators are mixed and should be incorporated into underwriting and asset management plans. Compared with neighborhoods nationwide, this area sits below the national middle for overall safety (around the 30th percentile), and violent offenses benchmark lower (roughly the 11th percentile). Within the Dallas–Plano–Irving metro, ranks place the neighborhood below the metro median among 1,108 neighborhoods, signaling elevated risk relative to many local peers.
Recent trends are nuanced: property offense rates have improved year over year, while violent offense estimates have risen. For operators, this points to practical measures such as lighting, access control, and resident engagement to support retention, coupled with realistic assumptions on marketing and security line items.
Nearby employment is anchored by semiconductors, energy, and food manufacturing corporate offices, supporting a broad commuter renter base and aiding leasing stability for workforce-oriented units.
- Texas Instruments — semiconductors (2.3 miles) — HQ
- Texas Instruments South Campus — semiconductors (2.4 miles)
- Energy Transfer Equity — midstream energy (3.1 miles) — HQ
- Energy Transfer — midstream energy (5.1 miles)
- Dean Foods — food & beverage (5.4 miles) — HQ
The investment case centers on depth of renter demand, everyday amenity coverage, and proximity to major employers. The neighborhood’s high share of renter-occupied housing units supports a larger tenant base, while grocery, park, pharmacy, and dining access compares favorably to most local peers. Neighborhood occupancy has improved over the last five years, and demographic data within a 3‑mile radius indicate household growth ahead—both supportive of leasing stability and steady absorption for well-positioned assets.
Balanced against these strengths are safety metrics that trail national and metro averages and ownership costs that are relatively accessible nearby, which can introduce competition for some renter cohorts. Still, with diversified employment nodes and constructive household growth, the submarket offers a pragmatic path to durable performance for operators who emphasize security, resident experience, and disciplined rent management, based on commercial real estate analysis from WDSuite.
- Deep renter base and improving neighborhood occupancy support leasing stability
- Strong daily-needs amenity access (groceries, parks, pharmacies, restaurants) aids retention
- 3‑mile household growth outlook expands the tenant pool and supports absorption
- Proximity to semiconductor and energy corporate offices underpins workforce demand
- Risks: below-average safety metrics and potential competition from ownership options