| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Best |
| Demographics | 54th | Fair |
| Amenities | 27th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 7112 Chase Oaks Blvd, Plano, TX, 75025, US |
| Region / Metro | Plano |
| Year of Construction | 2011 |
| Units | 90 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
7112 Chase Oaks Blvd, Plano TX Multifamily Investment
Neighborhood occupancy is competitive locally and in the top quartile nationally, while a high share of renter-occupied units signals a deep tenant base, according to WDSuite’s CRE market data.
Situated in an Inner Suburb of the Dallas–Plano–Irving metro, the neighborhood shows strong multifamily fundamentals: occupancy trends are competitive among 1,108 metro neighborhoods and rank in the top quartile nationally, reinforcing expectations for steady leasing and retention. A high renter-occupied share at the neighborhood level (top percentile nationally) points to meaningful depth in the tenant pool and supports demand durability through cycles.
Local livability skews practical rather than lifestyle-oriented. Grocery access is strong compared with national norms, while cafés, restaurants, parks, and pharmacies are sparse within the immediate neighborhood footprint. For investors, this mix suggests stable day-to-day convenience but fewer amenity-driven premiums on site; underwriting should lean on employment access and household growth rather than walkable dining or entertainment.
Within a 3-mile radius, demographics indicate population growth in recent years with projections for further gains and an increase in households, implying a larger renter base and support for occupancy stability. Income distribution trends higher than many U.S. areas, which, combined with elevated neighborhood home values relative to national benchmarks, tends to sustain reliance on multifamily rentals and can aid pricing power. Rent-to-income conditions appear manageable in context, which can help lease retention.
The property’s 2011 construction is newer than the neighborhood’s average vintage. That positioning typically enhances competitiveness versus older stock, while still warranting capital planning for mid-life building systems and targeted upgrades to capture renovation-driven rent lifts.
Safety indicators compare favorably overall. The neighborhood ranks above the metro median (162 out of 1,108) and sits modestly above the national midpoint for safety, suggesting comparatively lower crime than many areas. Year-over-year trends show meaningful improvement, which reduces downside risk from a leasing and retention standpoint.
Breakout metrics point to mixed but improving conditions: property-related incidents benchmark below the national midpoint but have improved sharply over the last year (top tier for improvement nationally), and violent incidents track near the national middle with similar improving momentum. As always, investors should evaluate property-level measures and recent local trends alongside these neighborhood indicators.
Proximity to defense, telecom infrastructure, consumer brands, and financial services employers supports workforce housing demand and commute convenience for renters. The organizations below anchor nearby employment and can contribute to leasing stability.
- Raytheon Company — defense & aerospace offices (0.55 miles)
- AT&T Datacenter — telecom data center (1.66 miles)
- Raytheon — defense & aerospace offices (4.89 miles)
- Dr Pepper Snapple Group — consumer beverages (6.46 miles) — HQ
- Alliance Data Systems — marketing & financial services (7.57 miles) — HQ
7112 Chase Oaks Blvd benefits from neighborhood fundamentals that favor multifamily: nationally strong occupancy, a high concentration of renter-occupied housing units, and projected growth in households within a 3-mile radius that expands the renter pool. Elevated ownership costs in the area, relative to national benchmarks, tend to reinforce rental demand and support rent levels without relying on premium amenity adjacencies. According to CRE market data from WDSuite, occupancy performance is competitive among metro peers, providing a constructive base for cash flow stability.
The 2011 vintage positions the asset as newer than much of the surrounding stock, which can translate to lower near-term obsolescence risk and an edge in leasing. At the same time, mid-life system planning and targeted modernization can create value-add pathways to enhance rent attainment while maintaining operational resilience.
- Competitive neighborhood occupancy and a deep renter base support leasing stability
- Elevated local home values sustain reliance on rentals and aid pricing power
- 2011 construction offers competitive positioning with potential value-add via modernization
- Household and income growth within 3 miles expands the tenant pool and supports retention
- Risks: limited immediate lifestyle amenities and some exposure to property-related crime despite improving trends