| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 62nd | Fair |
| Demographics | 21st | Poor |
| Amenities | 87th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 201 S Clark Rd, Cedar Hill, TX, 75104, US |
| Region / Metro | Cedar Hill |
| Year of Construction | 1978 |
| Units | 100 |
| Transaction Date | 2021-03-23 |
| Transaction Price | $34,150,410 |
| Buyer | SOUTH CLARK APARTMENTS LLC |
| Seller | S2 HIGH POINTE LLC |
201 S Clark Rd Cedar Hill Multifamily Opportunity
Inner-suburban positioning supports steady renter demand and mid-90s neighborhood occupancy, based on CRE market data from WDSuite. Older vintage suggests value-add potential alongside stable local leasing fundamentals.
Cedar Hills inner-suburban setting offers practical access to daily needs. Amenity density places the neighborhood among stronger options in DallasPlanoIrving and in the top quartile nationally, with solid coverage of grocery, parks, cafes, and pharmacies. This mix supports day-to-day livability that can aid leasing and retention, according to WDSuites commercial real estate analysis.
Neighborhood multifamily occupancy is in the mid-90s and has trended upward over the past five years, signaling durable renter demand relative to broader metro patterns. The share of housing units that are renter-occupied is elevated for the metro, indicating a deeper tenant base that can support renewals and consistent absorption.
Within a 3-mile radius, population has been roughly flat while household counts edged up and are projected to grow as average household size moderates by 2028. These shifts typically expand the renter pool and support occupancy stability, even with modest headline population change.
Ownership costs sit near national mid-range levels. That context can sustain multifamily demand while also introducing some competition from for-sale options, implying measured pricing power. School ratings are lower than regional norms, which may modestly temper appeal for some family-oriented renters, while the strong amenity base and commuting reach continue to underpin demand.
Safety indicators compare favorably versus the DallasPlanoIrving metro and land above the national midpoint overall. Property offense measures are strong on a national basis, while violent offense indicators track slightly better than average.
Recent movement is constructive: estimated violent and property offenses both declined year over year. For investors, these trends support renter retention and leasing consistency, without making block-level claims.
A concentration of regional headquarters and major offices across telecom, healthcare, engineering, building materials, and energy provides a diversified employment base that supports commuter demand and multifamily leasing.
- AT&T — telecom (15.8 miles) — HQ
- Tenet Healthcare — healthcare services (16.0 miles) — HQ
- Jacobs Engineering Group — engineering & professional services (16.1 miles) — HQ
- Builders FirstSource — building materials (16.2 miles) — HQ
- HollyFrontier — energy & refining (16.4 miles) — HQ
The propertys 1978 vintage, in a neighborhood with mid-90s occupancy and improving five-year trends, positions it for value-add strategies that modernize interiors and systems while leaning on stable renter demand. Within a 3-mile radius, households are projected to increase as average household size decreases, typically expanding the renter pool and supporting occupancy stability. Rent-to-income around the upper-20s suggests manageable affordability pressure for lease management.
Amenity density ranks among stronger DallasPlanoIrving neighborhoods and top quartile nationally, a tailwind for leasing and retention. According to CRE market data from WDSuite, ownership costs sit near national mid-range levelsa dynamic that sustains renter reliance on multifamily while introducing some competition from for-sale options, pointing to disciplined, operations-led revenue growth rather than outsized pricing power.
- Mid-90s neighborhood occupancy with positive five-year momentum supports cash flow stability
- 1978 vintage offers clear value-add and capital planning angles to enhance competitiveness
- Strong amenity coverage and diversified employment access bolster leasing and retention
- Risks: lower school ratings and competition from ownership point to measured pricing power