| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 69th | Good |
| Demographics | 63rd | Good |
| Amenities | 84th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 8850 Coleman Blvd, Frisco, TX, 75034, US |
| Region / Metro | Frisco |
| Year of Construction | 2002 |
| Units | 57 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
8850 Coleman Blvd, Frisco TX Multifamily Investment
Renter demand is supported by a high concentration of renter-occupied units in the surrounding neighborhood, according to WDSuite’s CRE market data, which can help stabilize occupancy and leasing.
Situated in Frisco’s inner suburban fabric of the Dallas-Plano-Irving metro, the area around 8850 Coleman Blvd scores competitively among 1,108 metro neighborhoods for overall neighborhood quality (A rating) with strong amenity access. Restaurants, pharmacies, parks, and grocery options place the neighborhood in the top quartile nationally, supporting day-to-day livability and helping properties capture convenience-driven renters.
The neighborhood’s housing stock trends older than this 2002 asset (area average vintage is early 1990s). Being newer than much of the nearby inventory positions the property as relatively competitive versus older stock, while investors should still plan for selective modernization as systems age.
Tenure patterns indicate a high share of renter-occupied housing units within the neighborhood, which deepens the local tenant base and can support leasing velocity for multifamily. At the same time, neighborhood occupancy is closer to the metro middle, suggesting owners should emphasize retention and management execution to sustain performance.
Within a 3-mile radius, demographics point to ongoing population and household growth through 2028, alongside high median incomes. This combination typically supports rent levels and a larger tenant base. Elevated home values in the area indicate a higher-cost ownership market relative to many U.S. neighborhoods, which tends to reinforce reliance on multifamily rentals and can aid pricing power when paired with prudent lease management.
School ratings in the immediate neighborhood skew below national averages, a consideration for family-focused demand. Still, proximity to major employment nodes and abundant amenities provides offsetting draws for working households.
Safety metrics for the immediate neighborhood trail both national medians and many Dallas-Plano-Irving submarkets (ranked in the lower end among 1,108 metro neighborhoods and below the national median percentile). Recent data also indicates a year-over-year uptick in reported property and violent offenses. Investors should underwrite with realistic assumptions for security measures, lighting, access control, and resident screening, and monitor citywide and neighborhood trend lines over time.
As with any submarket-level view, conditions vary by block and evolve over cycles. Comparing multi-year trends and benchmarking against peer neighborhoods across the metro can help calibrate risk and appropriate operating expenses.
Nearby corporate offices and headquarters create a sizable white-collar employment base that supports multifamily renter demand and commute convenience, notably in retail, marketing services, food & beverage, and technology. The employers below are within a roughly 5–6 mile radius, reinforcing leasing depth for workforce and professional tenants.
- J.C. Penney — corporate offices (4.9 miles) — HQ
- Alliance Data Systems — marketing services (4.9 miles) — HQ
- Yum China Holdings — food & beverage corporate (5.4 miles) — HQ
- Dr Pepper Snapple Group — beverages corporate (5.5 miles) — HQ
- Hewlett Packard Enterprise — technology offices (5.5 miles)
Built in 2002 with 57 units averaging roughly 778 square feet, the property offers a relatively newer vintage versus much of the surrounding stock, positioning it well against older comparables while leaving room for targeted value-add. Strong amenity access and a high neighborhood renter concentration support a durable tenant base. According to CRE market data from WDSuite, neighborhood occupancy sits closer to the metro middle, so execution on renewals and leasing remains important for stability.
Within a 3-mile radius, population and household growth are projected to continue through 2028 alongside high incomes, expanding the renter pool and supporting rent levels. Elevated ownership costs in the area tend to sustain reliance on rental housing, which, combined with proximity to major employers, underpins demand. Key watch items include neighborhood safety trends and school quality, which may influence unit mix positioning and operating strategies.
- Newer 2002 vintage versus area average, with potential for selective renovations to drive competitiveness
- High renter-occupied share nearby supports depth of tenant base and leasing velocity
- Strong amenity access and proximity to corporate employment reinforce demand and retention
- Demographic growth within 3 miles supports occupancy stability and rent potential
- Risks: below-median neighborhood safety and middling occupancy warrant active management and security planning