| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 63rd | Good |
| Demographics | 34th | Poor |
| Amenities | 40th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 207 E Pleasant Run Rd, Desoto, TX, 75115, US |
| Region / Metro | Desoto |
| Year of Construction | 2008 |
| Units | 56 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
207 E Pleasant Run Rd, DeSoto TX Multifamily Investment
Neighborhood occupancy has held in the mid-90% range, supporting stable renter demand, according to WDSuite’s CRE market data. With a suburban location and steady leasing dynamics, the asset profile fits investors seeking durable income over cycle.
This Inner Suburb neighborhood in the Dallas-Plano-Irving metro shows resilient renter demand with neighborhood occupancy around the high-90% range and median asking rents positioned above national medians (per WDSuite). The area’s renter-occupied share is elevated for the metro, signaling a deeper tenant base that can support leasing and retention for multifamily operators.
Livability is mixed but improving: park access is a relative strength, ranking in the top quartile nationally, which enhances quality-of-life appeal. Restaurant density sits near the national middle, while childcare options index strong versus peers, adding family-friendly depth. By contrast, daily-needs retail such as groceries and pharmacies is thinner within the neighborhood footprint, so residents often rely on nearby corridors for errands.
The property’s 2008 construction is newer than the neighborhood’s typical 1970s vintage. For investors, this generally means stronger competitive positioning versus older stock and potentially lighter near-term capital needs, while still planning for mid-life systems and selective modernization to drive rent premiums.
Within a 3-mile radius, population and households have grown and are projected to continue expanding, pointing to a larger tenant base over time. Median household incomes have climbed, and rent levels have advanced accordingly; however, rent-to-income levels in the neighborhood indicate some affordability pressure, suggesting prudent lease management and amenity-driven retention strategies.
Ownership costs in the area are relatively high versus local incomes (per WDSuite), which tends to sustain reliance on rental housing and supports occupancy stability. Overall, the neighborhood performs above the metro median on several housing metrics and is competitive within Dallas’s inner-ring suburbs for workforce-oriented multifamily.
Safety trends are mixed and should be underwritten conservatively. Compared with neighborhoods nationwide, this area sits below the national middle on safety measures, and it ranks below the metro median among 1,108 Dallas-Plano-Irving neighborhoods. That said, recent data show property crime easing year over year, which is a constructive directional sign to monitor rather than a conclusion.
Investors should consider standard measures—lighting, access control, and resident engagement—alongside proactive coordination with local resources. Framing expectations against nearby submarkets and maintaining realistic expense assumptions can help balance risk while supporting retention.
Proximity to major Dallas employers underpins renter demand through commute convenience and a broad set of professional jobs. The nearby employment base includes telecommunications, healthcare services, engineering, building materials, and energy refining—each represented by large corporate offices and several headquarters.
- AT&T — telecommunications (12.5 miles) — HQ
- Tenet Healthcare — healthcare services (12.8 miles) — HQ
- Jacobs Engineering Group — engineering & consulting (12.8 miles) — HQ
- Builders FirstSource — building materials (12.9 miles) — HQ
- HollyFrontier — energy refining (13.3 miles) — HQ
207 E Pleasant Run Rd offers a 56-unit, mid-sized footprint in an inner-suburban Dallas location where neighborhood occupancy has remained firm and renter concentration is high. Based on CRE market data from WDSuite, rents in the surrounding neighborhood sit above national medians while ownership costs run high relative to incomes—factors that reinforce sustained reliance on multifamily housing and support pricing power when paired with effective retention.
Built in 2008, the asset is newer than much of the local 1970s-era stock, providing competitive positioning with potential to capture premiums through targeted updates rather than full-scale repositioning. Demographic trends within a 3-mile radius point to ongoing population and household growth, expanding the renter pool and supporting occupancy stability. Key risks include affordability pressure indicators and thinner daily-needs retail within the immediate neighborhood, warranting conservative underwriting of concessions and turn costs.
- Inner-suburban Dallas location with stable neighborhood occupancy supporting steady cash flow
- 2008 vintage competes well against older local stock; scope for selective value-add
- Rents above national medians and high ownership costs sustain multifamily demand
- 3-mile population and household growth expands the tenant base over the hold period
- Risks: renter affordability pressure and limited immediate daily-needs retail call for prudent lease and expense management