| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 59th | Fair |
| Demographics | 51st | Fair |
| Amenities | 56th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1020 Pecan Crossing Dr, Desoto, TX, 75115, US |
| Region / Metro | Desoto |
| Year of Construction | 1983 |
| Units | 105 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1020 Pecan Crossing Dr, Desoto TX Multifamily Investment
Positioned in an inner-suburban pocket with broad renter appeal, the asset benefits from steady local amenity access and a growing household base, according to WDSuite’s CRE market data. For investors, the thesis centers on durable workforce demand with value-add levers to enhance rent positioning and retention.
This neighborhood rates Competitive among Dallas-Plano-Irving neighborhoods (ranked 417 of 1,108), offering everyday convenience that supports leasing performance. Restaurant density sits in the top decile nationally, with grocery and pharmacy access above national averages, which can aid resident satisfaction and renewal probability. Park access and cafe density are limited, so on-site amenities or partnerships may help round out the living experience.
The local building stock skews mid-1980s, and this property’s 1983 vintage is slightly older than the neighborhood average of 1986. For investors, that implies routine capital planning plus targeted renovations to keep the asset competitive against newer comparables while capturing value-add upside where finishes and systems merit modernization.
Within a 3-mile radius, renter-occupied housing accounts for roughly four in ten units, indicating a moderate renter concentration and a broad tenant base for multifamily. Over the past five years, population and households expanded, and forecasts point to further household increases alongside smaller average household size—dynamics that typically support demand for smaller-format units and occupancy stability. Median contract rents have risen historically and are projected to continue advancing, reinforcing pricing power where management execution is strong.
Homeownership remains a higher-cost proposition relative to local incomes (value-to-income sits in a high national percentile), which tends to sustain reliance on rental housing and can support lease retention. Neighborhood occupancy levels are below the metro median at present, but strong daily-needs access and workforce proximity provide levers for operators to differentiate on service, maintenance, and renewals.
Safety outcomes are mixed and should be underwritten with recent trend data. Overall crime performance sits near the national midpoint, with violent and property offense levels below metro median when compared across 1,108 Dallas-Plano-Irving neighborhoods. Importantly, year-over-year estimates indicate meaningful improvement, with notable declines in both violent and property offense rates, signaling positive momentum that operators can support through lighting, access control, and community engagement.
The area draws from a diverse white-collar employment base within a manageable commute, supporting workforce housing demand and lease stability. Key nearby headquarters and corporate offices include telecom, healthcare services, engineering, building materials distribution, and energy.
- AT&T — telecom (11.9 miles) — HQ
- Tenet Healthcare — healthcare services (12.3 miles) — HQ
- Jacobs Engineering Group — engineering (12.3 miles) — HQ
- Builders Firstsource — building materials distribution (12.4 miles) — HQ
- Hollyfrontier — energy & refining (12.9 miles) — HQ
This 105-unit, 1983-vintage community offers a pragmatic value-add profile in an Inner Suburb setting with strong daily-needs access. According to CRE market data from WDSuite, the neighborhood’s amenity coverage is above national norms for restaurants, groceries, and pharmacies, which can support resident satisfaction and renewals even as submarket occupancy trends sit below the metro median. The asset’s smaller average unit size positions it to compete on attainability and velocity while renovations target rent lifts through interiors and operational improvements.
Within a 3-mile radius, a moderate share of renter-occupied housing and expanding household counts point to a larger tenant base, while elevated ownership costs relative to incomes help support ongoing reliance on rental housing. Forward-looking management focus—marketing, renewals, and expense control—should be paired with selective capital deployment to maintain competitiveness versus newer stock and to capture pricing power as projected rents advance.
- Inner-suburban location with above-average daily-needs access supporting leasing and retention
- 1983 vintage offers clear value-add pathways via interior upgrades and systems modernization
- Moderate renter concentration within 3 miles and growing household counts expand the tenant base
- Smaller average unit size supports attainability and potential lease-up velocity
- Risk: Neighborhood occupancy is below metro median; requires disciplined operations to drive renewals and NOI