| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 34th | Fair |
| Demographics | 33rd | Fair |
| Amenities | 28th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 400 Oakhill Pl, De Kalb, TX, 75559, US |
| Region / Metro | De Kalb |
| Year of Construction | 1992 |
| Units | 26 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
400 Oakhill Pl, De Kalb TX Multifamily Opportunity
Rural neighborhood fundamentals point to steady renter demand and manageable rent-to-income dynamics, according to WDSuite’s CRE market data, with room to outperform via hands-on operations and selective upgrades.
Located in a rural pocket of the Texarkana metro, the neighborhood shows a balanced but modest amenity base: restaurant and grocery access are competitive among 76 Texarkana neighborhoods, while cafes, parks, and childcare options are limited. Pharmacy access ranks in the top quartile locally. These dynamics fit workforce housing where convenience needs are met but lifestyle amenities are thinner than urban cores.
Neighborhood occupancy is measured for the area, not this property, and sits below the metro median, suggesting lease-up can require active management. By contrast, the share of housing units that are renter-occupied is competitive among Texarkana neighborhoods and above many areas nationally, supporting a stable tenant base for multifamily assets.
School ratings rank in the top quartile among 76 metro neighborhoods while sitting around mid-pack nationally, a combination that can aid family retention within the local context. Home values are relatively low versus national norms, which can increase competition from entry-level ownership; for investors, this typically favors value-focused product and disciplined rent positioning to sustain pricing power and renewal rates.
Within a 3-mile radius, population and households have grown in recent years and are projected to continue through the next five years, pointing to a gradually expanding renter pool. Rising household incomes alongside moderate rent levels support occupancy stability, though ongoing affordability management remains an important leasing consideration.
Safety trends are favorable in a national context: the neighborhood rates in a high percentile for safety versus neighborhoods nationwide. Within the Texarkana metro, however, its crime rank places it closer to the higher-crime cohort, indicating investors should underwrite prudent security and lighting standards.
Recent directionality is constructive. Property offenses have eased notably year over year and violent offense estimates also show improvement, signaling a positive trajectory that can support tenant retention and leasing stability when paired with on-site best practices.
Built in 1992 and totaling 26 units, this asset aligns with a workforce renter profile in a rural Texarkana submarket. Neighborhood occupancy (area-level, not asset-specific) trends below the metro median, but the local concentration of renter-occupied housing units and moderate rent-to-income levels point to a serviceable tenant base. According to CRE market data from WDSuite, amenity access is adequate for daily needs, and 3-mile demographic growth supports a steady pipeline of prospective renters.
The 1992 vintage suggests potential value-add through targeted interior upgrades and systems refresh to improve competitive positioning against older stock while keeping capital intensity measured. With relatively low ownership costs in the area, disciplined rent setting and resident retention programs are key to sustaining occupancy and limiting turnover.
- Growing 3-mile population and household counts support a larger tenant base and occupancy stability.
- Renter-occupied share is competitive locally, reinforcing multifamily demand in this submarket.
- 1992 vintage offers value-add potential via unit upgrades and selective building systems updates.
- Daily-needs access (grocery/pharmacy) supports retention despite limited lifestyle amenities.
- Risk: Lower neighborhood occupancy and accessible ownership options require conservative rent strategy and focused leasing execution.