| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 70th | Best |
| Demographics | 58th | Good |
| Amenities | 28th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3030 Country Square Dr, Carrollton, TX, 75006, US |
| Region / Metro | Carrollton |
| Year of Construction | 1977 |
| Units | 119 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
3030 Country Square Dr Carrollton Multifamily Investment
Neighborhood fundamentals point to durable renter demand and above-average occupancy for the area, according to WDSuite’s CRE market data. The combination of strong park access and grocery coverage, alongside a high share of renter-occupied housing, supports leasing stability.
The property sits in an Inner Suburb location of Carrollton within the Dallas–Plano–Irving metro, where neighborhood-level occupancy trends are above national norms and have inched higher in recent years. WDSuite’s CRE market data indicates the neighborhood’s occupancy is competitive for the metro and supportive of steady leasing.
Everyday convenience is a local strength: park access ranks in the upper decile nationally, and grocery availability performs above most U.S. neighborhoods. By contrast, the immediate area shows limited density of cafes, restaurants, and pharmacies, which may shift more discretionary trips to nearby corridors but does not materially detract from basic livability.
The housing landscape features elevated home values relative to national benchmarks, and value-to-income ratios land among the highest percentiles nationwide. In practice, this high-cost ownership context reinforces reliance on rental options and can bolster tenant retention and pricing power for well-managed assets.
Tenure patterns point to multifamily depth: the neighborhood shows a high share of housing units that are renter-occupied (near four-fifths), indicating a deep tenant base and broad appeal for rentals. Within a 3-mile radius, households have grown even as average household size has edged lower, and projections call for further household growth—factors that expand the renter pool and support occupancy stability.
Vintage also matters for competitive positioning. Built in 1977, the asset is slightly older than the neighborhood’s average construction year. Investors should plan for capital improvements and potential value-add upgrades to enhance operating efficiency and to compete effectively with newer stock.
Safety indicators are mixed when viewed across geographies. Compared with the Dallas–Plano–Irving metro’s 1,108 neighborhoods, this area ranks closer to higher-crime cohorts; however, national comparisons place it above the U.S. average (upper-third percentile), suggesting relatively better outcomes versus many neighborhoods nationwide.
Trend signals are nuanced: violent offenses have shown a meaningful year-over-year decline (a strong national standing), while property offenses increased over the prior year, warranting routine monitoring and standard security measures. Investors typically account for such dynamics through lighting, access control, and resident engagement policies rather than underwriting large, sustained swings.
Proximity to regional corporate offices anchors a broad employment base that supports renter demand and commute convenience, notably in retail operations, technology, and engineering. The list below highlights nearby employers most likely to influence leasing and retention.
- Costco Regional Office — retail operations (4.5 miles)
- IBM Dallas Metroplex — technology services (5.7 miles)
- Texas Instruments — semiconductors (6.3 miles) — HQ
- Texas Instruments South Campus — semiconductors (6.6 miles)
- Fluor — engineering & construction (7.0 miles) — HQ
3030 Country Square Dr offers investors a scale multifamily asset in an Inner Suburb pocket where renter demand is reinforced by elevated ownership costs and a high concentration of renter-occupied housing. Neighborhood occupancy trends sit above national norms, and within a 3-mile radius households are increasing while average household size trends lower—both supportive of a larger tenant base and steady lease-up. According to CRE market data from WDSuite, local park and grocery access outperform national averages, enhancing day-to-day livability and aiding resident retention.
Constructed in 1977, the property may benefit from targeted capital improvements and value-add upgrades to sharpen its competitive stance against newer product. With home values high relative to incomes, the ownership market’s cost profile tends to sustain reliance on rentals; investors who balance rent growth with affordability management can preserve occupancy while reducing turnover risk.
- Above-average neighborhood occupancy supports leasing stability relative to national norms.
- High share of renter-occupied housing indicates depth of tenant demand in the immediate area.
- Elevated ownership costs in the area reinforce renter reliance and potential pricing power for well-managed assets.
- 1977 vintage suggests value-add and CapEx opportunities to enhance competitiveness versus newer stock.
- Risks: affordability pressure and variable property offense trends warrant prudent rent-setting, security, and retention strategies.