| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 63rd | Good |
| Demographics | 74th | Best |
| Amenities | 40th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1600 Amelia Ct, Plano, TX, 75075, US |
| Region / Metro | Plano |
| Year of Construction | 1985 |
| Units | 70 |
| Transaction Date | 2025-06-10 |
| Transaction Price | $9,589,300 |
| Buyer | AMELIA 77 LLC |
| Seller | ASPENBLUFF LLC |
1600 Amelia Ct Plano Multifamily Investment
Neighborhood occupancy sits above national medians and ownership costs are elevated for the metro, supporting renter demand and lease stability near 1600 Amelia Ct, according to WDSuite’s CRE market data.
This Inner Suburb location in Plano carries a B+ neighborhood rating and is competitive among the 1,108 Dallas–Plano–Irving neighborhoods, offering investors a balanced mix of demand drivers and established housing stock. Renter-occupied units account for roughly a third of local housing and trend in the upper national percentiles, indicating a meaningful tenant base that can support steady leasing.
Livability signals are mixed but workable for workforce renters. Cafe density is strong (top-tier nationally), and childcare access ranks well compared with neighborhoods nationwide, while immediate in-neighborhood options for groceries, parks, and pharmacies are limited—suggesting reliance on nearby retail nodes for daily needs. This setup can still serve commuters effectively given Plano’s regional connectivity.
For investors focused on income durability, neighborhood occupancy trends sit above the national median, with recent momentum indicating stable renter demand rather than reliance on one-off factors. The share of renter-occupied housing units is above national medians, which typically supports a deeper tenant pool and more predictable lease-up cadence.
Demographics aggregated within a 3-mile radius point to population growth and an expanding household base through 2028, with rising incomes broadening the renter pool. Elevated home values relative to income place the area among higher-cost ownership markets nationally, which generally sustains rental demand and can aid pricing power and retention management for appropriately positioned assets.
Safety indicators for the immediate neighborhood align near the national middle, with recent year-over-year declines in both violent and property offense estimates. These downward trends, based on CRE market data from WDSuite, suggest improvement momentum that can support leasing confidence without implying block-level guarantees.
In practical terms, investors can frame safety here as comparable to many U.S. suburban neighborhoods, with trend direction improving. As always, underwriting should account for property-specific controls and management practices, as neighborhood figures are area-level estimates rather than site-specific conditions.
The surrounding employment base includes medical devices, retail operations, beverages, enterprise technology, and defense offices—diverse drivers that support renter demand and commute convenience for workforce housing.
- St Jude Medical — medical devices (3.6 miles)
- Costco Regional Office — retail operations (3.9 miles)
- Dr Pepper Snapple Group — beverages (4.4 miles) — HQ
- Hewlett Packard Enterprise — enterprise technology (4.6 miles)
- Raytheon — defense & aerospace offices (4.6 miles)
1600 Amelia Ct sits in a competitive Plano neighborhood where occupancy is above national medians and the renter-occupied share indicates a solid tenant base. Elevated ownership costs in the area reinforce reliance on multifamily housing, while a diversified nearby employer set underpins commute-driven demand. Within a 3-mile radius, population and household growth are expected to expand the renter pool through 2028, supporting leasing stability and manageable turnover.
Based on CRE market data from WDSuite, neighborhood fundamentals compare favorably to many suburban peers: stable occupancy, strong cafe and childcare access, and improving safety trends. The main trade-offs include limited walkable groceries/parks inside the neighborhood and the need to calibrate pricing to maintain healthy rent-to-income dynamics as incomes rise.
- Occupancy above national medians supports income stability
- Elevated home values sustain rental demand and pricing power
- Diverse nearby employers reinforce leasing and retention
- 3-mile radius shows ongoing population and household growth
- Risks: limited in-neighborhood groceries/parks; monitor safety and rent-to-income in underwriting