| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 80th | Best |
| Demographics | 87th | Best |
| Amenities | 30th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5760 Daniel Rd, Plano, TX, 75024, US |
| Region / Metro | Plano |
| Year of Construction | 2006 |
| Units | 64 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
5760 Daniel Rd Plano Multifamily Near Corporate Demand
Renter demand is reinforced by a high neighborhood renter-occupied share and proximity to major employers, according to WDSuite's CRE market data. Stable, low-90s neighborhood occupancy supports income consistency for an institutional-style hold.
Situated in Plano within the Dallas-Plano-Irving metro, the neighborhood is competitive among metro peers and rates strongly on housing and demographics, per WDSuite. Neighborhood occupancy trends in the low-90s indicate steady leasing conditions rather than lease-up risk, and the area skews toward smaller households, which can favor 1–2 bedroom absorption for a 64-unit asset averaging roughly 678 square feet.
Access to daily needs is a relative strength: grocery availability is high compared with both metro and national baselines, and restaurant density ranks well, while cafes, parks, and pharmacies are thinner locally. For investors, this mix points to convenience-driven livability with some walkability gaps that are typical of suburban Plano.
Tenure patterns in the neighborhood indicate a very high share of housing units that are renter-occupied (above 90%), signaling a deep tenant base and potential leasing resilience during turnover cycles. The neighborhood's rent-to-income ratio sits around one-fifth, suggesting manageable affordability pressure that can aid retention and measured pricing power rather than peak-level rent burden.
Demographic statistics aggregated within a 3-mile radius show population growth over the last five years, with households expanding at a faster pace and average household size edging lower. This points to a larger renter pool over time and demand for smaller formats. Income levels are elevated for the region, and the local workforce is highly educated—WDSuite notes the neighborhood's bachelor's attainment share sits in the top percentile nationally—supporting sustained demand for well-managed multifamily communities.
Vintage considerations: the property was built in 2006, modestly newer than the neighborhood's average construction year. That positioning can be competitive versus older stock while still leaving room for targeted system updates and interior refreshes to capture incremental rent and retention benefits.
Safety indicators present a mixed but improving picture. Overall crime performance is around the national middle—slightly better than average on WDSuite's national benchmark—while property and violent offense metrics track closer to the below-median range nationally. Importantly, recent year-over-year readings show meaningful declines in both property and violent offenses, which supports a cautiously constructive view for long-term operations.
For investors, the implication is pragmatic: underwriting should reflect conservative security and operating assumptions today, with the improvement trend offering potential upside if sustained. Comparisons should be made against submarket peers in Dallas-Plano-Irving rather than block-level conclusions.
The immediate area benefits from a concentration of corporate offices that underpin weekday traffic and support multifamily renter demand, including technology, retail, restaurant, and beverages employers listed below.
- Hewlett Packard Enterprise — technology (0.38 miles)
- Alliance Data Systems — marketing & loyalty services (0.52 miles) — HQ
- J.C. Penney — retail corporate offices (0.80 miles) — HQ
- Yum China Holdings — restaurant group (0.82 miles) — HQ
- Dr Pepper Snapple Group — beverages (0.97 miles) — HQ
5760 Daniel Rd offers a 2006-vintage, 64-unit profile positioned near a dense cluster of corporate employers, supporting demand from professionals seeking commute convenience. Neighborhood indicators from WDSuite point to low-90s occupancy, a very high renter-occupied housing share, and a highly educated renter base—factors that typically reinforce leasing stability and measured rent growth. With strong grocery and dining access but fewer park and cafe amenities, the setting aligns with convenience-focused suburban living.
The 2006 vintage is slightly newer than the neighborhood average, suggesting competitive positioning versus older assets while leaving room for value-add through targeted interiors, common-area updates, and select system upgrades. According to CRE market data from WDSuite, rent-to-income levels are manageable for the area, which can support retention and consistent collections if operators balance pricing with livability enhancements.
- Proximity to multiple corporate headquarters and offices supports a deep professional renter pool and steady leasing.
- Low-90s neighborhood occupancy and a high share of renter-occupied housing units bolster income durability.
- 2006 vintage offers competitive standing versus older stock with clear pathways for targeted value-add.
- Balanced rent-to-income and strong education levels support retention and collections when paired with quality operations.
- Risks: mixed safety signals and thinner park/cafe amenities may require conservative underwriting and amenity-driven retention strategies.