| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 59th | Fair |
| Demographics | 51st | Fair |
| Amenities | 15th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1810 S Main St, Duncanville, TX, 75137, US |
| Region / Metro | Duncanville |
| Year of Construction | 2007 |
| Units | 32 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1810 S Main St, Duncanville TX Multifamily Investment
Neighborhood occupancy trends in the mid-90s and a 2007 vintage point to durable renter demand and competitive positioning for this 32-unit asset, according to WDSuite’s CRE market data. The submarket’s fundamentals suggest steady leasing with potential to capture renters priced out of ownership while maintaining retention through value-focused operations.
This suburban pocket of Duncanville shows steady renter demand with the neighborhood’s occupancy around 94% (above the national median), based on CRE market data from WDSuite. The share of renter-occupied housing in the immediate neighborhood is lower than many urban cores, which can translate into a more stable but competitive tenant pool for professionally managed multifamily.
Access to daily-needs retail is a relative strength: grocery availability ranks 96 out of 1,108 Dallas–Plano–Irving neighborhoods and sits in the 92nd percentile nationally, supporting day-to-day convenience and leasing stickiness. By contrast, the immediate area has limited concentration of cafes, parks, and pharmacies, so marketing should emphasize proximity to grocery-anchored centers and major thoroughfares rather than lifestyle clusters.
The asset’s 2007 construction is newer than the neighborhood’s average 1982 vintage, positioning it competitively versus older stock. Investors should underwrite ongoing system maintenance and selective modernization to keep finishes and building systems current, but the relative youth of the asset helps on near-term capital planning versus pre-1990 product.
Within a 3-mile radius, demographics point to a larger tenant base over time: population grew over the last five years and is projected to continue rising, households increased and are expected to expand further, and the renter share is substantial. Median contract rents in the neighborhood are above many national counterparts while the rent-to-income ratio is below national medians, indicating manageable affordability pressure that supports retention and measured rent growth.
Home values in the neighborhood are moderate in the national context. That can create some competition from ownership options, but it also broadens the feasible renter audience and can support lease stability when paired with functional unit layouts and consistent operations.
Neighborhood-level safety figures are not published in WDSuite for this location, so comparative crime ranks and percentiles are not available. Investors commonly benchmark conditions using city and county sources and evaluate trends relative to peer neighborhoods across the Dallas–Plano–Irving metro to gauge resident retention implications.
Proximity to major Dallas corporate headquarters supports a broad commuter tenant base and can reinforce retention for workforce and mid-income renters. The following nearby employers anchor regional job demand within typical commuting range:
- AT&T — telecommunications (12.1 miles) — HQ
- Tenet Healthcare — healthcare services (12.3 miles) — HQ
- Jacobs Engineering Group — engineering & professional services (12.5 miles) — HQ
- Builders FirstSource — building materials (12.6 miles) — HQ
- HollyFrontier — energy refining (12.8 miles) — HQ
This 2007-vintage, 32-unit property in Duncanville benefits from neighborhood occupancy around the mid-90s and a commuter-friendly location relative to Dallas employment hubs. The asset’s newer construction compared with the neighborhood average (1982) provides competitive positioning versus older Class B/C stock while leaving room for targeted value-add through interior updates and operational efficiencies. According to CRE market data from WDSuite, the neighborhood’s rent profile and below-median rent-to-income ratio support retention-focused management rather than aggressive turn strategies.
Within a 3-mile radius, recent population and household growth, along with projected increases in both, point to a larger renter pool over the next five years. Grocery-anchored retail access is a local strength, while limited nearby lifestyle amenities suggests a practical, needs-based renter audience. Home values are moderate by national standards, which may create some competition with ownership but also keeps multifamily relevant for households prioritizing flexibility and monthly cost predictability.
- 2007 vintage offers competitive positioning versus older neighborhood stock with manageable near-term capital needs.
- Neighborhood occupancy near the mid-90s supports leasing stability and steady collections.
- Expanding 3-mile population and household counts signal a growing tenant base and support for rent growth.
- Strong grocery access enhances day-to-day convenience and retention despite fewer lifestyle amenities nearby.
- Risks: limited immediate lifestyle amenities and moderate ownership costs may compete with rentals; plan for selective upgrades to sustain competitiveness.