| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 83rd | Best |
| Demographics | 82nd | Best |
| Amenities | 27th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1201 E Sandy Lake Rd, Coppell, TX, 75019, US |
| Region / Metro | Coppell |
| Year of Construction | 2003 |
| Units | 109 |
| Transaction Date | 2025-09-29 |
| Transaction Price | $43,225,000 |
| Buyer | DYNAMIC HOUSING & COMMUNITY SERVICES CORPORAT |
| Seller | CHRISTUS ST JOSEPH VILLAGE |
1201 E Sandy Lake Rd, Coppell Multifamily Near Job Hubs
Neighborhood occupancy trends are strong, with rates near full according to WDSuite’s CRE market data, supporting stable cash flow potential for a 2003-vintage, 109-unit asset in Coppell.
Coppell’s inner-suburban setting pairs high occupancy with solid renter demand signals. The neighborhood’s occupancy ranks in the top quartile among 1,108 Dallas–Plano–Irving neighborhoods and in a high national percentile, indicating tight vacancies that can support lease retention and pricing discipline. Median contract rents benchmark above many U.S. neighborhoods, while the rent-to-income ratio suggests manageable affordability pressure that investors can monitor through renewals.
Livability indicators reinforce demand: average school ratings are competitive (top quartile among 1,108 metro neighborhoods and high nationally), and everyday amenities such as cafés and restaurants track above metro medians. However, on-neighborhood access to groceries, parks, and pharmacies is limited, so residents may rely on nearby corridors for essentials—an operational consideration for marketing and positioning rather than a structural demand weakness.
Vintage matters for competitiveness. With a 2003 construction year versus a neighborhood average around 2002, the property skews slightly newer than local stock, supporting leasing versus older assets while still warranting targeted systems updates or selective common-area refreshes to sustain competitive standing.
Within a 3-mile radius, population and household counts have grown over the last five years and are projected to continue expanding, implying a larger tenant base and renter pool expansion. The 3‑mile renter-occupied share sits just above half of housing units, providing depth for multifamily leasing, while elevated for-sale home values in the neighborhood context tend to reinforce reliance on rental options—factors that can aid occupancy stability and reduce downtime between turns.
Safety indicators compare favorably at the national level: the neighborhood sits in higher national percentiles for both violent and property offense rates, placing it roughly in the top quartile nationally for safety. According to WDSuite’s data, estimated year-over-year changes show modest declines in both violent and property offenses, suggesting stable to improving conditions. As always, investors should evaluate micro-location variation and property-level security measures as part of diligence.
Proximity to large corporate offices underpins steady renter demand and commute convenience, with a concentration of headquarters and major employers within a roughly 4–5 mile radius, including Michaels, Xerox, IBM, Fluor, and Vistra.
- Michaels Cos. — corporate offices (4.1 miles) — HQ
- Xerox Corporation — corporate offices (4.2 miles)
- IBM Dallas Metroplex — corporate offices (4.2 miles)
- Fluor — engineering & construction corporate offices (4.4 miles) — HQ
- Vistra Energy — energy corporate offices (4.7 miles) — HQ
This 2003-vintage, 109-unit asset benefits from tight neighborhood occupancy—top quartile within the Dallas–Plano–Irving metro—and high national standing, pointing to resilient rent rolls and limited downtime. Elevated ownership costs in the surrounding neighborhood context, combined with a 3‑mile renter-occupied share just over half of housing units, support a deep tenant base and steady leasing. Based on CRE market data from WDSuite, rents benchmark above many U.S. neighborhoods while rent-to-income levels indicate manageable affordability pressure that investors can oversee through renewals and lease management.
The asset’s slightly newer-than-average vintage versus local stock supports competitive positioning against older properties, with selective modernization offering potential to capture incremental rent and retention. Nearby headquarters clusters further anchor white-collar employment within a short drive, reinforcing leasing velocity and reducing exposure to long commutes.
- Tight, top-quartile neighborhood occupancy supports cash flow stability and pricing power.
- Deep 3-mile renter base and elevated ownership costs reinforce multifamily demand.
- 2003 construction offers competitive positioning with value-add potential via targeted updates.
- Dense cluster of nearby headquarters supports leasing velocity and retention.
- Risks: limited on-neighborhood groceries/parks and continued rent growth may require careful retention and amenity strategy.