| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 41st | Poor |
| Demographics | 41st | Fair |
| Amenities | 63rd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 7415 Holly Hill Dr, Dallas, TX, 75231, US |
| Region / Metro | Dallas |
| Year of Construction | 1978 |
| Units | 54 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
7415 Holly Hill Dr Dallas Multifamily Investment
Renter-occupied housing is prevalent in the surrounding neighborhood, and daily-needs amenities are accessible, supporting a durable tenant base according to WDSuite’s CRE market data.
Positioned in an inner-suburban pocket of Dallas, the neighborhood scores competitively on day-to-day convenience. Groceries, parks, and pharmacies are comparatively dense for the area, with restaurants also concentrated nearby, while cafés and childcare options are thinner. Overall amenity access ranks in the top quartile among 1,108 Dallas metro neighborhoods, which helps leasing appeal and resident retention.
Neighborhood occupancy trends are moderate and have improved over the last five years, signaling a steadier backdrop even if performance trails stronger Dallas submarkets. The area’s renter-occupied share is high, indicating a sizable tenant pool that supports leasing velocity for multifamily assets without relying on in-migration alone.
Within a 3-mile radius, households have grown despite a slight dip in total population, pointing to smaller household sizes and a broader base of renters. Projections suggest further increases in households over the next five years, which would expand the local tenant base and support occupancy stability.
Home values in the area sit below national medians, which can introduce some competition from ownership. However, rents remain relatively accessible in the neighborhood context, helping sustain renter reliance on multifamily housing and supporting lease retention, with schools trending around the national middle.
Safety metrics for the neighborhood rank in the lower half among 1,108 Dallas metro neighborhoods and sit below national medians for safety. Recent trends are mixed: estimated property offense rates have eased year over year, while violent incident estimates increased. Investors should underwrite with conservative assumptions, monitor management practices closely, and consider the implications for insurance, security, and turnover.
Proximity to major employers supports workforce housing demand and commute convenience, led by semiconductor and energy infrastructure offices and a notable consumer brands headquarters. The following nearby employers anchor the area’s job base and can aid leasing and retention:
- Texas Instruments — semiconductors (2.2 miles) — HQ
- Texas Instruments South Campus — semiconductors (2.3 miles)
- Energy Transfer Equity — energy infrastructure (3.1 miles) — HQ
- Energy Transfer — energy infrastructure (5.2 miles)
- Dean Foods — dairy/CPG (5.4 miles) — HQ
This 54-unit asset is set within an inner-suburban Dallas neighborhood where daily-needs amenities are strong and the renter base is deep. Neighborhood occupancy has trended upward over the last five years, and the high share of renter-occupied housing supports a larger tenant pool and steadier leasing. Within a 3-mile radius, households have risen and are projected to increase further, which should expand the renter pool and support occupancy stability. According to CRE market data from WDSuite, local rents are relatively accessible, aiding retention even if near-term pricing power is measured.
Key considerations include underwriting for neighborhood safety that ranks below many Dallas areas and recognizing that lower ownership costs can create competition with entry-level home purchases. Thoughtful capital planning and active management can help position the property to compete on value and convenience against both nearby rentals and attainable ownership.
- High renter concentration supports steady tenant demand and leasing velocity
- Strong grocery, park, and pharmacy access enhances livability and retention
- 3-mile household growth and projections indicate a larger renter pool ahead
- Relatively accessible neighborhood rents can aid retention amid measured pricing power
- Risks: safety ranks below metro median and attainable ownership presents competitive pressure