| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 44th | Poor |
| Demographics | 51st | Fair |
| Amenities | 23rd | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4351 Point Blvd, Garland, TX, 75043, US |
| Region / Metro | Garland |
| Year of Construction | 1983 |
| Units | 32 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
4351 Point Blvd Garland Multifamily Investment
Renter demand is supported by a deep tenant base locally, while broader East Dallas fundamentals point to steady leasing potential, according to WDSuite’s CRE market data. Thoughtful operations can balance neighborhood occupancy softness with rent positioning informed by multifamily property research.
Garland’s inner-suburban setting offers everyday convenience with solid grocery access and a reasonable mix of restaurants nearby, though parks, pharmacies, and cafes are limited within the immediate neighborhood footprint. For investors, this points to stable day-to-day livability drivers without heavy reliance on destination amenities.
The neighborhood sits below the metro median for occupancy among 1,108 Dallas–Plano–Irving neighborhoods, but it maintains a high share of renter-occupied housing units. That renter concentration indicates a sizable tenant pool and supports leasing velocity for well-managed multifamily, even if near-term occupancy management remains a focus.
Within a 3-mile radius, population and households have grown and are projected to continue expanding, with average household size trending modestly smaller. This combination generally adds to the renter pool over time and can support occupancy stability as more households enter or remain in rental housing.
Home values in the immediate neighborhood are relatively accessible by national standards, which can create some competition from ownership. However, the local rent-to-income profile suggests manageable affordability pressure for renters, aiding retention and giving operators room to optimize pricing through service quality and unit-level improvements.
Safety metrics place the area below the national median, and the neighborhood performs below the metro average when compared with 1,108 Dallas–Plano–Irving neighborhoods. Recent trends are mixed: property offense rates have declined year over year, while violent offense rates have increased. Investors should underwrite with prudent security measures and emphasize lighting, access controls, and tenant engagement to support retention.
Nearby employment clusters in homebuilding, scientific instruments, defense, and semiconductors support commuter convenience and a broad renter base, including D.R. Horton, Thermo Fisher Scientific, General Dynamics, and Texas Instruments.
- D.R. Horton, America's Builder — homebuilding (2.1 miles)
- Thermo Fisher Scientific — scientific instruments (11.5 miles)
- General Dynamics — defense & aerospace offices (12.0 miles)
- Texas Instruments South Campus — semiconductors (12.5 miles)
- Texas Instruments — semiconductors (12.8 miles) — HQ
This 32-unit asset benefits from a renter-heavy neighborhood that supplies a broad tenant base, while the broader 3-mile area shows population and household growth with smaller household sizes—factors that typically expand the renter pool and support occupancy over the long term. According to CRE market data from WDSuite, the immediate area’s occupancy trails metro norms, so execution around leasing, renewals, and unit turns is central to the thesis.
Operators can leverage commute reach into key Dallas employment centers and manageable rent-to-income conditions to support retention. Given relatively modest neighborhood ownership costs, the competitive edge comes from disciplined operations and targeted unit/common-area improvements to sustain pricing power against entry-level ownership alternatives.
- High renter concentration provides depth for leasing and renewals
- 3-mile growth and smaller households expand the long-term renter pool
- Commuter access to diversified employers supports demand and retention
- Risks: below-metro occupancy and limited neighborhood amenities require strong operations