| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 53rd | Poor |
| Demographics | 32nd | Poor |
| Amenities | 68th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 110 NW Dolores Huerta Dr, Grand Prairie, TX, 75050, US |
| Region / Metro | Grand Prairie |
| Year of Construction | 1995 |
| Units | 40 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
110 NW Dolores Huerta Dr Grand Prairie Multifamily
Positioned in an Inner Suburb with steady renter demand and a large tenant base, this 40-unit asset benefits from neighborhood occupancy that has held near the national midpoint with gradual improvement, according to WDSuite’s CRE market data. Newer vintage relative to local stock supports competitive positioning versus older properties while leaving room for selective upgrades.
Grand Prairie’s Inner Suburb setting offers daily convenience: restaurant and grocery density track well above national norms (both in the upper quartile nationally), while parks and pharmacies are similarly accessible. Childcare options are thinner in the immediate area, which may shape tenant mix and family-oriented leasing strategies.
The neighborhood’s renter-occupied share of housing units is high at an estimated 59.2%, placing it in the top quartile among 1,108 Dallas-Plano-Irving neighborhoods. For multifamily owners, that depth of renter concentration supports a broad tenant pipeline and helps backstop leasing even as cycles shift.
Neighborhood occupancy is approximately 92% and has edged up over the past five years. Relative to the metro, the occupancy rank sits below the Dallas median, but nationally it is modestly above the midpoint—an indicator of steady, if not peak, stabilization that can be managed through pricing and renewal strategy rather than concessions-led lease-up.
Built in 1995, the property is materially newer than the area’s average 1960s-era housing stock. That vintage typically translates to fewer near-term structural capital needs versus older comparables, while still offering value-add potential through unit modernization and systems upgrades as components age.
Within a 3-mile radius, households have grown despite a slight dip in population, indicating smaller household sizes and an expanding pool of potential renters. Forecasts point to further increases in household counts over the next five years, which should expand the tenant base and support occupancy stability. Median home values in the neighborhood sit in a mid-range for the region; ownership is attainable for some households, which can introduce competition with for-sale options, but the current rent-to-income levels suggest room for disciplined rent growth without outsized affordability pressure, based on CRE market data from WDSuite.
Safety indicators for the neighborhood are mixed relative to regional and national peers. Compared with neighborhoods nationwide, safety sits below the national midpoint: violent and property offense rates benchmark in lower national percentiles. Within the Dallas-Plano-Irving metro, the crime rank places the area below the metro average (ranked 763 among 1,108 neighborhoods), signaling that investors should underwrite routine security measures and proactive property management.
Recent trend data show property offenses easing slightly year over year, while violent incidents ticked up. For underwriting, this suggests emphasizing lighting, access control, and resident engagement programs, and aligning insurance and operating budgets with local comps rather than assuming best-in-class outcomes.
Proximity to major corporate employers underpins commuter demand and resident retention, with a concentration in airlines and diversified corporate offices that support steady workforce housing needs. Nearby anchors include Express Scripts, American Airlines Group, Kimberly-Clark, Celanese, and Xerox.
- Express Scripts — corporate offices (5.7 miles)
- American Airlines Group — corporate offices (6.1 miles) — HQ
- Kimberly-Clark — corporate offices (9.1 miles) — HQ
- Celanese — corporate offices (9.3 miles) — HQ
- Xerox — corporate offices (10.4 miles)
The investment case centers on durable renter demand, a 1995 vintage that outclasses much of the 1960s-era local stock, and an Inner Suburb location with strong everyday amenities. Neighborhood occupancy trends are stable and just above the national midpoint, while the share of renter-occupied housing units ranks in the top quartile metro-wide—favorable for tenant sourcing and renewal velocity. Within a 3-mile radius, households have been increasing and are projected to grow further, reinforcing a larger tenant base and supporting occupancy stability.
Home values and rent-to-income dynamics indicate a balanced affordability profile: ownership is accessible for some households, which can temper pricing power, but steady household growth and employer proximity sustain demand for rental housing. According to CRE market data from WDSuite, amenity access (food, parks, pharmacies) is competitive nationally, and the property’s newer vintage offers a path to value-add through targeted interior and systems upgrades rather than heavy structural capex.
- Newer 1995 vintage versus older neighborhood stock supports competitiveness and targeted value-add
- High renter-occupied share (top quartile metro-wide) deepens the tenant pool and supports leasing
- Neighborhood occupancy near the national midpoint with gradual improvement favors renewal-driven performance
- Amenity access and proximity to major employers underpin demand and resident retention
- Risk: Safety benchmarks sit below national averages; underwrite security/insurance and active management