| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 56th | Fair |
| Demographics | 48th | Fair |
| Amenities | 29th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 151 E Little Creek Rd, Cedar Hill, TX, 75104, US |
| Region / Metro | Cedar Hill |
| Year of Construction | 1985 |
| Units | 66 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
151 E Little Creek Rd, Cedar Hill Multifamily Opportunity
Neighborhood occupancy is strong and rental demand appears resilient, according to WDSuite’s CRE market data, pointing to stable cash-flow potential for a 66-unit asset in an inner-suburban Cedar Hill location.
The property sits in an Inner Suburb of the Dallas–Plano–Irving metro where neighborhood occupancy is high and trending positively. The neighborhood’s occupancy rate is competitive, landing in the top quartile among 1,108 Dallas metro neighborhoods, which supports day‑to‑day leasing stability rather than volatile turn cycles.
Local livability factors are supportive for workforce renters. Average school ratings in the neighborhood are also in the top quartile among 1,108 metro neighborhoods, and they sit well above many areas nationally. Amenity access is mixed: parks and cafes score strong versus national peers, while the immediate footprint shows limited grocery, pharmacy, and restaurant density—indicating residents likely rely on nearby corridors for daily retail.
Renter-occupied housing makes up roughly a third of units in the neighborhood, signaling a moderate renter concentration and a broad tenant base for multifamily. Median contract rents in the neighborhood have grown over the past five years while remaining aligned with local incomes, and the rent-to-income profile suggests manageable affordability pressure—factors that can aid retention and reduce concessions risk as part of disciplined commercial real estate analysis.
Within a 3‑mile radius, demographics indicate a stable foundation with households essentially flat in recent years and projected to grow, which can expand the local renter pool. Household sizes are trending slightly smaller, a pattern that typically supports steady demand for well-managed garden and mid‑density multifamily product.
Safety indicators present a mixed picture that investors should contextualize. The neighborhood ranks 44 out of 1,108 within the Dallas metro on crime (a low rank indicating comparatively higher crime locally), yet national percentiles place the area above the U.S. median for safety, with both violent and property offense measures comparing favorably to many neighborhoods nationwide. The combination suggests metro‑relative caution with broader national context that is more moderate.
For underwriting, this implies prudent security planning and tenant‑experience measures may be warranted, while recognizing that recent trends show improvement in several tracked categories. Always evaluate property‑level history and operations alongside neighborhood data when sizing reserves and marketing strategy.
Proximity to major employment centers supports commuter convenience and broad renter demand, with access to headquarters and large office footprints in telecom, healthcare, engineering, building materials, and energy.
- AT&T — telecommunications (16.7 miles) — HQ
- Tenet Healthcare — healthcare services (17.0 miles) — HQ
- Jacobs Engineering Group — engineering & professional services (17.1 miles) — HQ
- Builders Firstsource — building materials (17.2 miles) — HQ
- Hollyfrontier — energy (17.4 miles) — HQ
This 66‑unit Cedar Hill asset benefits from strong neighborhood occupancy and a moderate renter base, supporting day‑to‑day leasing stability. Median neighborhood rents have advanced over the last five years while remaining in line with local incomes, which can aid retention and steady renewal performance. Parks, cafes, and school quality outperform many peers, while proximity to multiple Dallas employment hubs underpins demand from commuting households. Based on CRE market data from WDSuite, neighborhood occupancy trends are above much of the metro, reinforcing the case for consistent performance when paired with disciplined operations.
Key considerations include limited immediate retail within the neighborhood footprint and metro‑relative safety rankings that warrant practical security and resident‑experience planning. Near‑term demographics within a 3‑mile radius point to growth in households and a gradually expanding renter pool, which can support occupancy stability and pricing power over the hold period.
- High neighborhood occupancy supports stable leasing and collections
- Moderate renter concentration provides depth without overexposure
- Strong schools and park/cafe access enhance renter appeal
- Regional employers within commuting range bolster demand durability
- Risks: limited immediate retail and metro‑relative safety require proactive management