| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 60th | Fair |
| Demographics | 35th | Poor |
| Amenities | 85th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2110 W Buckingham Rd, Garland, TX, 75042, US |
| Region / Metro | Garland |
| Year of Construction | 1998 |
| Units | 40 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2110 W Buckingham Rd, Garland TX Multifamily Opportunity
Neighborhood fundamentals indicate steady renter demand and occupancy stability near the property, according to WDSuite’s CRE market data. With a suburban location in Garland and proximity to major employment, the asset’s positioning supports durable leasing.
Located in Garland’s inner-suburban fabric of the Dallas–Plano–Irving metro, the neighborhood is competitive among 1,108 metro neighborhoods, with a B+ rating that reflects balanced livability and investment outlook. Amenity access ranks in the top quartile among 1,108 metro neighborhoods, backed by strong grocery, dining, and everyday services — a positive for resident convenience and lease retention.
The property’s 1998 vintage is newer than the area’s average construction year (1977), which generally enhances competitive positioning versus older stock; investors should still anticipate selective modernization as systems age. Neighborhood occupancy is above the national median, and rent levels sit modestly above national norms, supporting revenue consistency while keeping affordability pressure manageable from a lease management perspective.
Within a 3-mile radius, demographics show recent population growth and an increase in households, with forward-looking projections indicating further renter pool expansion through the next five years. A renter-occupied share around one-third of housing units signals a meaningful, yet balanced, tenant base that can support stable absorption without overreliance on transient demand.
Home values are elevated for the area relative to incomes (higher value-to-income standing), which tends to reinforce reliance on multifamily housing and supports pricing power when paired with sound operations. Average school ratings trend around national mid-range levels, adequate for workforce housing positioning and resident retention.
Safety indicators are mixed in a regional context. The neighborhood tracks roughly middle-of-the-pack among 1,108 Dallas–Plano–Irving neighborhoods, with national positioning below the median on some property-crime measures. Importantly, recent trends point in a constructive direction, with both violent and property offense estimates moving lower year over year, which supports a more stable operating backdrop if the trend continues.
Investors should underwrite to current conditions and monitor trajectory rather than assume wholesale improvement, using on-the-ground diligence to validate block-level dynamics and property-specific security needs.
Proximity to diversified employers strengthens the local renter base and supports retention, with nearby demand drivers in life sciences, defense and aerospace, electronics distribution, and semiconductors.
- Thermo Fisher Scientific — life sciences (3.4 miles)
- General Dynamics — defense & aerospace offices (4.0 miles)
- Avnet Electronics — electronics distribution (4.3 miles)
- Raytheon — defense & aerospace (5.2 miles)
- Texas Instruments — semiconductors (5.9 miles) — HQ
This 40-unit asset benefits from inner-suburban Dallas fundamentals: competitive neighborhood standing, solid amenity access, and occupancy that trends above national norms. The 1998 construction is newer than the local average, providing a relative edge versus older comparables while leaving room for selective value-add or systems modernization to sharpen positioning.
Household and population growth within a 3-mile radius point to a larger tenant base ahead, reinforcing demand durability. Elevated ownership costs relative to incomes in the area further sustain reliance on rentals, supporting lease-up and pricing power when operations are well-executed — a view grounded in commercial real estate analysis using WDSuite’s market data.
- Competitive inner-suburban location with top-quartile amenity access supporting retention
- 1998 vintage offers competitive stance versus older stock with clear modernization upside
- 3-mile population and household growth expand the renter pool and support occupancy stability
- Elevated ownership costs reinforce multifamily demand and potential pricing power
- Risks: safety metrics below national median in some categories; plan for targeted capex and prudent lease management