| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 56th | Fair |
| Demographics | 31st | Poor |
| Amenities | 37th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4266 Bass Pro Dr, Garland, TX, 75043, US |
| Region / Metro | Garland |
| Year of Construction | 1983 |
| Units | 32 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
4266 Bass Pro Dr Garland Multifamily Investment
Situated in an inner-suburban pocket of Garland, the asset benefits from a steady renter base supported by rising household incomes and a high-cost ownership landscape, according to WDSuite’s commercial real estate analysis. The neighborhood shows solid amenity access and parks, indicating durable renter demand with room for operational upside.
This inner-suburban location in Garland offers practical livability drivers for workforce renters. Grocery access is comparatively strong and parks density ranks in the top quartile nationally, while restaurants are competitive versus many U.S. neighborhoods. Cafés, pharmacies, and childcare options are thinner locally, so daily convenience leans on groceries, parks, and nearby retail corridors rather than boutique or specialty services.
Relative to the Dallas-Plano-Irving metro, amenity access is above the metro median among 1,108 metro neighborhoods, indicating a supportive environment for leasing and retention. Neighborhood occupancy trends trail stronger metro peers, which puts a premium on hands-on leasing and renewal management to sustain cash flow through cycles.
Within a 3-mile radius, demographics point to population and household growth with smaller average household sizes over time, expanding the renter pool and supporting absorption of well-managed units. Median household incomes sit higher than many neighborhoods nationwide, which can underpin rent collections and lease stability when paired with disciplined affordability thresholds.
Ownership costs in the area are elevated relative to many U.S. neighborhoods, which tends to sustain reliance on multifamily housing and supports pricing power for well-positioned properties. Average school ratings in the neighborhood are weaker, which can modestly limit appeal for some family renters but is less impactful for studios and smaller unit mixes focused on workforce tenants.
Safety indicators present a mixed but improving picture. Compared with neighborhoods nationwide, overall safety levels sit around the middle of the pack, with recent year-over-year declines in both property and violent offenses indicating positive momentum based on WDSuite’s CRE market data. Within the Dallas-Plano-Irving metro, the neighborhood ranks below stronger peers among 1,108 neighborhoods, so operators should plan for standard security and lighting protocols to support resident comfort.
Framing for investors: national positioning is roughly average to slightly favorable, while metro-relative rank suggests attention to access control, visibility, and community engagement remains prudent. Recent downward trends in offense rates are a constructive signal for near-term leasing and retention.
The surrounding employment base blends corporate offices and advanced manufacturing, supporting workforce housing demand and commute convenience for residents. Key nearby employers include D.R. Horton, Avnet Electronics, Thermo Fisher Scientific, General Dynamics, and Texas Instruments.
- D.R. Horton — homebuilding corporate offices (1.9 miles)
- Avnet Electronics — electronics distribution (11.2 miles)
- Thermo Fisher Scientific — life sciences manufacturing (11.3 miles)
- General Dynamics — defense & aerospace offices (11.9 miles)
- Texas Instruments — semiconductors (12.8 miles) — HQ
Built in 1983, this 32-unit asset offers potential value-add and systems modernization opportunities to sharpen competitive positioning against newer stock. According to CRE market data from WDSuite, the neighborhood shows solid amenity fundamentals and strong parks access, while ownership costs are elevated relative to many U.S. areas—factors that support renter reliance on multifamily housing. Neighborhood occupancy runs below stronger Dallas metro peers, so the thesis centers on operational execution: marketing, renewal management, and targeted upgrades to capture steady demand.
Within a 3-mile radius, population and household counts are expanding and are projected to continue rising, with smaller household sizes pointing to a broader renter pool over time. Incomes trend above many U.S. neighborhoods, and rent-to-income dynamics are manageable locally, supporting collections and lease retention when underwriting prudent rent steps. The combination of value-add potential and a deep employment base nearby creates room for stabilized performance with disciplined management.
- Value-add potential from 1983 vintage through interior updates and system upgrades
- Elevated ownership costs locally support sustained reliance on rentals and pricing power
- Expanding 3-mile renter pool and higher household incomes support collections and retention
- Proximity to major employers underpins workforce demand and leasing stability
- Risk: neighborhood occupancy lags stronger metro submarkets—plan for active leasing and renewals