| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 58th | Fair |
| Demographics | 73rd | Good |
| Amenities | 40th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 9309 Lyndon B Johnson Fwy, Dallas, TX, 75243, US |
| Region / Metro | Dallas |
| Year of Construction | 1983 |
| Units | 36 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
9309 Lyndon B Johnson Fwy Dallas 36-Unit Multifamily
Neighborhood occupancy is resilient and renter demand is deep, supported by a high renter-occupied housing share; according to WDSuite’s CRE market data, this submarket’s stability is a key driver for consistent leasing performance.
Located in an inner-suburban pocket of Dallas, the neighborhood shows durable multifamily fundamentals with occupancy above the metro median and in the top-third nationally. A high renter-occupied share at the neighborhood level supports a broad tenant base and day-to-day leasing stability, per WDSuite’s CRE market data.
Everyday conveniences are accessible: grocery and pharmacy density ranks well within the metro and above national midline, while parks and cafes are relatively limited. This mix tends to favor practical, commuter-oriented renters and supports steady demand for professionally managed units.
Demographic indicators for the area aggregated within a 3-mile radius show households edging higher historically and projected to expand further, even as overall population trends are flat to slightly down — a pattern consistent with smaller household sizes and continued renter pool expansion. Income levels in the neighborhood track slightly above national medians, and contract rents benchmark above the national midline, suggesting manageable affordability pressures rather than outsized pricing power.
Against the Dallas-Plano-Irving metro, the neighborhood’s overall rating (B+) and strong demographics profile place it in the top quartile nationally for demographic standing, which typically correlates with steadier occupancy and renewal potential. For investors, the read-through is a stable renter base with modest rent growth potential tied more to retention and operations than to amenity-driven premiums.
Safety indicators are mixed when compared nationally. Property offenses sit around the national midline, while violent offense measures trend below national safety averages. Notably, recent data show a meaningful year-over-year decline in property offense rates, indicating improvement momentum at the neighborhood scale.
Within the Dallas-Plano-Irving metro (1,108 neighborhoods), safety metrics position this area near the middle of the pack. For underwriting, a practical approach is to emphasize property-level security and professional management to support resident retention while monitoring the improving property-crime trend.
Proximity to major employers underpins workforce-driven renter demand and supports retention through commute convenience. Nearby anchors include Texas Instruments South Campus, Texas Instruments, Thermo Fisher Scientific, General Dynamics, and Energy Transfer Equity.
- Texas Instruments South Campus — semiconductors (0.8 miles)
- Texas Instruments — semiconductors (1.2 miles) — HQ
- Thermo Fisher Scientific — scientific instruments (4.1 miles)
- General Dynamics — defense & aerospace offices (4.6 miles)
- Energy Transfer Equity — midstream energy (5.4 miles) — HQ
The investment case centers on durable renter demand and steady occupancy. Neighborhood data indicate above-median occupancy within the metro and solid national standing, while a high renter-occupied share signals depth of the tenant base. Within a 3-mile radius, households are projected to increase, pointing to a larger prospective renter pool even as average household sizes decline — dynamics that typically support leasing velocity and renewal performance. According to CRE market data from WDSuite, rent levels sit above the national midline while rent-to-income ratios remain moderate, implying continued focus on retention and operational execution over outsized pricing.
Counterbalances include limited nearby parks and cafes, and safety measures that are mid-pack nationally, suggesting the asset’s performance will lean on access to employment corridors and property-level management rather than amenity premiums. Overall, the submarket profile supports a stable, income-focused hold with selective value-add through unit modernization and enhanced resident services.
- Above-median neighborhood occupancy with strong renter concentration supports steady lease-up and renewals
- 3-mile household growth outlook expands the tenant base despite flat population trends
- Rent levels above national midline with moderate rent-to-income ratios favor retention-focused strategies
- Proximity to major employers reinforces demand from commuters and supports lease stability
- Risks: limited recreational amenities and mixed safety metrics may cap amenity-driven premiums