| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 84th | Best |
| Demographics | 73rd | Good |
| Amenities | 21st | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 9415 Panther Creek Pkwy, Frisco, TX, 75035, US |
| Region / Metro | Frisco |
| Year of Construction | 2008 |
| Units | 73 |
| Transaction Date | 2010-12-16 |
| Transaction Price | $17,250,000 |
| Buyer | VERDE PANTHER CREEK APARTMENTS FINANCING |
| Seller | VERDE PANTHER CREEK APARTMENTS LP |
9415 Panther Creek Pkwy Frisco Multifamily Investment
Neighborhood occupancy has been steady at high levels, supporting durable renter demand according to WDSuite’s CRE market data. Strong incomes and a high-cost ownership market in Frisco suggest pricing power with attention to lease management.
Set in Frisco’s Inner Suburb within the Dallas–Plano–Irving metro, the neighborhood carries a B+ rating and is competitive among Dallas–Plano–Irving neighborhoods (ranked 326 out of 1,108), signaling balanced fundamentals that support multifamily performance.
Occupancy for the neighborhood is in the top quartile nationally and competitive within the metro (ranked 442 of 1,108), a backdrop that typically supports stable leasing and retention. The neighborhood’s renter-occupied share is about 36.8%, indicating a meaningful tenant base without overexposure, while the rent-to-income ratio around 0.17 suggests manageable affordability pressure that can aid renewal velocity.
Demographic statistics aggregated within a 3-mile radius point to robust population and household growth historically, with forecasts calling for further expansion in households over the next five years. Rising household counts, coupled with a deep upper-income profile, translate into a larger renter pool and potential absorption support for professionally managed units.
Local livability skews suburban and auto-oriented: grocery access is solid relative to many metro peers, while parks, cafes, and childcare options are thinner nearby. Schools are a strength, with the neighborhood’s average rating in the top quartile among 1,108 metro neighborhoods and above national norms—an attribute that can bolster demand for family-oriented units.
Home values rank high nationally and within the metro, creating a high-cost ownership market. For investors, elevated ownership costs often reinforce reliance on multifamily housing and can sustain renter demand and lease retention.
Safety indicators are mixed but improving. Overall crime sits below the metro median for safety (lower rank values indicate higher crime; this area’s crime rank is 260 out of 1,108 metro neighborhoods), yet it trends modestly better than the national mid-point (54th percentile nationally). Notably, violent offense rates fell year over year (with improvement sitting in a strong national percentile), and property offenses also declined.
For investors, the takeaway is operational: recent downward movement in both violent and property incidents can support leasing narratives and resident retention, but prudent security measures and tenant screening remain appropriate given the area’s relative standing inside the metro.
Proximity to major corporate offices underpins a broad white-collar employment base, supporting tenant demand and commute convenience for residents. Nearby anchors include Alliance Data Systems, J.C. Penney, Dr Pepper Snapple Group, Hewlett Packard Enterprise, and Yum China Holdings.
- Alliance Data Systems — corporate offices (7.5 miles) — HQ
- J.C. Penney — corporate offices (7.6 miles) — HQ
- Dr Pepper Snapple Group — corporate offices (7.7 miles) — HQ
- Hewlett Packard Enterprise — technology offices (7.9 miles)
- Yum China Holdings — corporate offices (8.1 miles) — HQ
Built in 2008, the asset is slightly older than the area’s average vintage, which skews newer. That positioning can support a value-add plan focused on selective interior updates and systems modernization to sharpen competitive standing versus 2010s stock while maintaining an attainable rent profile. According to CRE market data from WDSuite, neighborhood occupancy is competitive within the metro and top quartile nationally, aligning with a renter-occupied share that is sufficient to support a stable tenant base.
Within a 3-mile radius, strong population and household growth—alongside high median incomes—expands the renter pool and supports absorption. Elevated home values in Frisco indicate a high-cost ownership market, which can sustain reliance on multifamily and bolster renewal prospects, provided operators manage affordability and service quality.
- Competitive neighborhood occupancy and stable renter base support lease retention
- 2008 vintage offers practical value-add and systems modernization upside
- 3-mile growth in households and income deepens demand for professionally managed rentals
- High-cost ownership environment reinforces multifamily demand and pricing power
- Risks: suburban amenity dispersion and a safety profile below the metro median warrant active management