| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 67th | Good |
| Demographics | 51st | Fair |
| Amenities | 55th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 300 W Wintergreen Rd, Desoto, TX, 75115, US |
| Region / Metro | Desoto |
| Year of Construction | 1985 |
| Units | 113 |
| Transaction Date | 2025-07-09 |
| Transaction Price | $11,565,680 |
| Buyer | RIDGEWOOD MANOR LLC |
| Seller | TMDESOTO101 LLC |
300 W Wintergreen Rd Desoto Multifamily Investment Position
Neighborhood-level occupancy is holding above the metro median with steady renter demand, according to WDSuite s CRE market data, supporting income durability for a 100+ unit asset in suburban South Dallas.
This suburban location in the Dallas Plano Irving metro scores B+ at the neighborhood level and is competitive among metro neighborhoods (ranked 378 of 1,108). Restaurants and daily services are a relative strength, with dining density in the upper tiers nationally and pharmacies testing in a high national percentile, which helps leasing convenience for residents.
Occupancy in the surrounding neighborhood trends above the metro median and sits in a strong national percentile, indicating stability for existing properties and a supportive backdrop for renewal performance. The renter concentration at the neighborhood level is moderate, signaling a meaningful tenant base without excessive turnover risk. Median contract rents benchmark above many U.S. neighborhoods while the local rent-to-income profile suggests manageable affordability pressure a positive for retention and lease management.
Within a 3-mile radius, demographics point to population growth in recent years with additional increases projected over the next five years, alongside a rise in household counts. This implies a larger tenant base and supports occupancy stability for multifamily operators as more households enter the market. Household incomes have trended upward in the area, which can underpin effective rents while keeping an eye on affordability thresholds.
On amenities, restaurants and cafes index well nationally, and grocery access is solid for a suburban setting. Park and formal childcare facility counts are thinner in the immediate neighborhood, so family-oriented demand may skew toward private or nearby alternatives; investors should calibrate unit mix and amenities accordingly.
Relative to neighborhoods nationwide, the area s safety profile is around the middle of the pack, with metrics that sit slightly below the national median. Within the Dallas Plano Irving metro (1,108 neighborhoods), crime ranks indicate conditions that warrant standard risk controls rather than extraordinary measures.
Encouragingly, recent year-over-year data show declines in both violent and property offenses, signaling improving momentum. Framing safety at the neighborhood scale (not the property), this trend can support leasing confidence and resident retention if it persists, according to CRE market data from WDSuite.
Proximity to major corporate headquarters across telecom, healthcare, engineering, building products, and energy provides a broad employment base that supports renter demand and commute convenience for workforce tenants. The following nearby employers anchor that base:
- AT&T telecommunications (11.9 miles) HQ
- Tenet Healthcare healthcare services (12.2 miles) HQ
- Jacobs Engineering Group engineering & professional services (12.2 miles) HQ
- Builders Firstsource building products (12.3 miles) HQ
- Hollyfrontier energy (12.7 miles) HQ
This 113-unit multifamily asset benefits from neighborhood occupancy that sits above the metro median and a moderate renter concentration, pointing to demand depth without outsized turnover risk. Within 3 miles, population and household growth expand the renter pool, while upward income trends support rent levels and pricing power when managed against affordability. Daily-needs access is a relative strength, led by restaurants, groceries, and pharmacies indexing well versus national peers.
According to CRE market data from WDSuite, the neighborhood tracks in a strong national percentile for occupancy, and median rents benchmark competitively versus income levels a mix that can support renewal rates and stabilized cash flow. Corporate employment nodes across telecom, healthcare, engineering, and energy within 12 16 miles enhance leasing resilience by diversifying the resident employment base.
- Above-metro neighborhood occupancy supports income durability and renewal performance.
- 3-mile population and household growth expand the tenant base and support leasing velocity.
- Rents competitive to local incomes help manage affordability pressure and retention risk.
- Diverse nearby HQ employment clusters bolster demand across multiple industries.
- Risks: safety metrics sit below the national median and neighborhood parks/childcare are thin; plan for standard security measures and on-site amenity programming.