| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 53rd | Poor |
| Demographics | 21st | Poor |
| Amenities | 75th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 720 E Warrior Trl, Grand Prairie, TX, 75052, US |
| Region / Metro | Grand Prairie |
| Year of Construction | 1985 |
| Units | 80 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
720 E Warrior Trl Grand Prairie Multifamily Investment
Neighborhood occupancy is around the national middle with a high renter concentration, pointing to a durable tenant base and steady leasing, according to WDSuite’s CRE market data. Rents sit in the mid-market range, supporting retention while leaving room for thoughtful value-add execution.
This inner-suburb location in Grand Prairie offers daily needs within a short drive, with grocery, restaurant, and cafe density well above national medians. Parks and pharmacies also index strongly, while formal childcare options are thinner, a consideration for family-oriented leasing strategies. The neighborhood is rated B- and ranks 564 out of 1,108 Dallas–Plano–Irving neighborhoods, indicating middle-of-the-pack fundamentals with select strengths to build on.
At the neighborhood level, the share of renter-occupied housing is elevated (58% of units), signaling depth in the tenant pool and supporting demand for an 80-unit community. Neighborhood occupancy is about average nationally, suggesting stable day-to-day operations, but operators should continue to emphasize resident services and renewals to offset cyclical softness.
Within a 3-mile radius, recent years show relatively flat household counts and a modest dip in population, but forecasts point to population growth and a notable increase in households by 2028. Household sizes are projected to trend smaller, which typically expands the renter pool and supports occupancy stability for multifamily properties.
Ownership costs in this part of Dallas County are more accessible than in core urban submarkets, which can introduce some competition from entry-level homeownership. That said, neighborhood rents relative to incomes remain manageable, which can help sustain lease retention, while elevated amenity access and proximity to major employers strengthen day-to-day livability and leasing velocity.
Construction year averages in the neighborhood cluster around the early 1980s. Built in 1985, the asset is slightly newer than the local average, which helps competitive positioning versus older stock, though investors should still plan for system updates and targeted renovations to meet today’s renter expectations.
Safety performance sits below the national median based on neighborhood-level indicators, with violent and property offense rates weaker than national benchmarks. Within the Dallas–Plano–Irving metro, the neighborhood’s crime rank is 582 out of 1,108, placing it around the middle of the pack rather than a top performer.
Recent trend data shows improvement in property offenses over the last year, an encouraging directional signal to monitor. Investors should factor safety perceptions into leasing strategy and lighting/camera capital planning while tracking whether the improving property-offense trend persists.
The area benefits from proximity to large corporate employment nodes that support renter demand and commute convenience, including Express Scripts, American Airlines Group, Kimberly-Clark, Celanese, and Xerox.
- Express Scripts — pharmacy benefit management (8.8 miles)
- American Airlines Group — aviation HQ and corporate (9.2 miles) — HQ
- Kimberly-Clark — consumer products (12.0 miles) — HQ
- Celanese — specialty materials (12.2 miles) — HQ
- Xerox — business services (12.3 miles)
This 1985, 80‑unit asset in Grand Prairie sits in a renter-heavy neighborhood with above-average amenity access and commute connectivity to major employers. Neighborhood occupancy is roughly in line with national norms, and the elevated share of renter-occupied housing supports a deep tenant base. Within a 3‑mile radius, forecasts point to population growth, a rise in households, and smaller average household sizes by 2028 — dynamics that typically expand the renter pool and help sustain occupancy. According to CRE market data from WDSuite, neighborhood rents track the mid-market, supporting lease retention while providing room for targeted upgrades.
The vintage offers competitive positioning versus older early‑1980s stock, with scope for value-add through unit interiors, energy/MEP systems, and curb appeal. Key watch items include school ratings below national medians, safety performance that trails national benchmarks despite recent improvement in property offenses, and potential competition from relatively accessible homeownership options. These risks are manageable with disciplined operations and targeted capital planning.
- Renter-heavy neighborhood and mid-market rents support depth of demand and retention
- Amenity-rich inner suburb with proximity to major employers and commuting corridors
- 1985 vintage slightly newer than local average, with clear value-add levers
- Household growth and smaller household sizes within 3 miles expand the renter pool
- Risks: below-median school ratings, safety below national median, and some competition from entry-level ownership