| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 63rd | Best |
| Demographics | 52nd | Best |
| Amenities | 89th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 401 SW H K Dodgen Loop, Temple, TX, 76502, US |
| Region / Metro | Temple |
| Year of Construction | 1977 |
| Units | 96 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
401 SW H K Dodgen Loop Temple Multifamily Investment
Stabilized renter demand and strong neighborhood fundamentals point to steady operations, according to CRE market data from WDSuite. The area’s high occupancy and deep renter base support consistent leasing with room for value-add upside.
The property sits in an Inner Suburb of Temple that ranks 3rd among 139 Killeen-Temple neighborhoods with an A+ neighborhood rating, per WDSuite. Neighborhood occupancy is high at the area level (97%), signaling durable demand and limited frictional vacancy; this is a neighborhood metric, not property-specific performance.
Amenity access is a clear strength. Parks, pharmacies, childcare, and restaurants all benchmark in the top quartile nationally, supporting daily-life convenience and renter retention. Grocery access also performs above national averages, reinforcing the livability profile that tends to stabilize occupancy.
Renter concentration is meaningfully high: 63.7% of neighborhood housing units are renter-occupied. For investors, that depth of tenant base typically supports steadier leasing and fewer concessions through cycles compared with more ownership-heavy pockets.
Within a 3-mile radius, population and households have been expanding, and WDSuite forecasts further growth over the next five years. Household counts are projected to rise faster than population, implying slightly smaller household sizes and a larger renter pool—favorable for multifamily absorption and occupancy stability.
Ownership costs in this part of Temple are comparatively more accessible by national standards, which can introduce some competition from entry-level ownership options. Even so, a neighborhood-level rent-to-income ratio near the lower half nationally indicates manageable affordability pressure for renters, which can aid lease retention.
Safety indicators benchmark favorably on a national basis. Overall crime metrics are in the upper percentiles nationally, and violent offense measures sit in the 90th-plus percentile versus neighborhoods nationwide, according to WDSuite. Recent year-over-year trends show notable improvement, suggesting a positive trajectory rather than a one-off reading.
Interpreting these data comparatively is prudent: the neighborhood performs above national averages and is competitive within the Killeen-Temple metro’s 139 neighborhoods. Investors can view this as supportive of renter appeal and retention without assuming uniform safety conditions at the block level.
Regional employment access includes financial services and technology employers that broaden the commuter shed and help sustain renter demand. Nearby anchors include Raymond James, Farmers Insurance, and Dell Technologies.
- Raymond James — financial services (35.35 miles)
- Farmers Insurance - Doug Gaul — insurance services (37.96 miles)
- Dell Technologies — technology (44.42 miles) — HQ
This 96-unit asset (built 1977) offers a value-add profile in a neighborhood with high occupancy, a sizable renter-occupied share, and strong amenity access. The vintage is older than much of the nearby stock, pointing to potential renovation and systems-capex planning; in return, upgraded interiors and common areas can better compete against 2000s-era product while leveraging steady neighborhood demand.
Within a 3-mile radius, WDSuite shows population and household growth with projections for further renter pool expansion—supportive of occupancy stability and leasing velocity. Neighborhood-level rent-to-income benchmarks sit in a more moderate range, which can aid retention, while ownership costs that are lower than many U.S. metros suggest some competition from entry-level ownership that should be managed with positioning. According to CRE market data from WDSuite, the neighborhood’s occupancy and amenity strength remain consistent tailwinds for long-term operations.
- High neighborhood occupancy and deep renter-occupied base support leasing stability
- Amenity-rich Inner Suburb location (parks, pharmacies, childcare, groceries) enhances retention
- 1977 vintage presents value-add and capex-driven upside to compete with newer stock
- 3-mile population and household growth expand the tenant base and support occupancy
- Risk: relatively accessible ownership options and newer competing assets require thoughtful pricing and renovations