| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 71st | Best |
| Demographics | 76th | Best |
| Amenities | 55th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5330 Bond St, Irving, TX, 75038, US |
| Region / Metro | Irving |
| Year of Construction | 1995 |
| Units | 89 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
5330 Bond St, Irving TX Multifamily Near Major Employers
High renter-occupied housing and proximity to Fortune 500 offices point to a deep tenant base, according to WDSuite’s CRE market data. Neighborhood occupancy sits near the metro midrange, suggesting stable—but competitive—leasing conditions.
This Inner Suburb location is competitive among Dallas-Plano-Irving neighborhoods (ranked 152 out of 1,108) and benefits from strong daily-needs access. Restaurants and pharmacies score in the upper national percentiles, while grocery availability is also above average; parks and cafes are thinner, which may modestly temper lifestyle appeal.
Renter concentration is elevated at the neighborhood level (59% of housing units are renter-occupied), reinforcing depth of demand for multifamily. Neighborhood occupancy is around the national midrange, so pricing power hinges on execution and amenity positioning rather than scarcity.
Within a 3-mile radius, population and household growth have been strong historically and are projected to continue, expanding the tenant base and supporting occupancy stability. Higher home values locally and a value-to-income ratio that trends above national norms indicate a high-cost ownership market, which tends to sustain reliance on rental housing and can aid lease retention.
The property’s 1995 vintage is newer than the neighborhood’s average construction year of 1977, offering relative competitiveness versus older stock; investors should still plan for selective system updates or common-area refresh to strengthen positioning. For investors conducting multifamily property research, these fundamentals align with workforce- and professional-driven demand tied to nearby corporate campuses.
Safety indicators in this neighborhood track near the Dallas-Plano-Irving metro median (575 out of 1,108), with crime levels that benchmark below national averages for safety. Recent trends show improvement year over year, with both property and violent offense estimates declining, which supports a cautiously positive trajectory to monitor.
Investors should underwrite with conservative assumptions and consider on-site measures and lighting/visibility investments to support tenant retention. Compare submarket security trends and property-level controls during due diligence to validate consistency with these neighborhood-level signals.
The immediate area draws a large professional workforce anchored by nearby corporate offices, supporting weekday activity and multifamily renter demand driven by commute convenience. Key employment nodes include Exxon Mobil, Vistra Energy, Kimberly-Clark, Celanese, and Fluor.
- Exxon Mobil — corporate offices (0.86 miles) — HQ
- Vistra Energy — corporate offices (1.06 miles) — HQ
- Kimberly-Clark — corporate offices (1.14 miles) — HQ
- Celanese — corporate offices (1.32 miles) — HQ
- Fluor — corporate offices (1.57 miles) — HQ
1995 construction with 89 units offers a competitive basis versus older neighborhood stock and proximity to major employers that deepens the renter pool. Elevated renter-occupied share locally supports demand, while neighborhood occupancy near the midrange suggests that leasing performance will be driven by operations, unit finishes, and amenities rather than scarcity. Based on CRE market data from WDSuite, local ownership costs sit on the higher side, which tends to reinforce rental reliance and can aid lease retention.
Forward-looking demographics within a 3-mile radius indicate continued population and household expansion, pointing to a larger tenant base over the medium term. Amenity access is strong for restaurants, groceries, and pharmacies, though limited parks and café density, along with safety metrics that trail national benchmarks, warrant disciplined underwriting and targeted capex.
- Proximity to Fortune 500 campuses supports steady leasing and retention
- 1995 vintage offers competitive positioning versus older local stock with selective upgrade upside
- High renter-occupied share and expanding 3-mile population/households deepen the tenant base
- Ownership costs above national norms reinforce reliance on rentals and pricing discipline
- Risks: safety benchmarks below national averages and limited parks/cafés call for conservative underwriting