| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 61st | Fair |
| Demographics | 21st | Poor |
| Amenities | 75th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 711 Matador Ln, Mesquite, TX, 75149, US |
| Region / Metro | Mesquite |
| Year of Construction | 1999 |
| Units | 98 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
711 Matador Ln Mesquite Multifamily Investment Outlook
Neighborhood occupancy is solid and renter demand is deep, according to WDSuites CRE market data, positioning this 98-unit asset for steady leasing in an inner-suburban Dallas context. Relative attainability supports retention while leaving room for value-focused operations.
Situated in Mesquites inner suburbs of the Dallas-Plano-Irving metro, the property benefits from amenity access that is competitive among 1,108 metro neighborhoodswith grocery, parks, pharmacies, and cafes scoring in the upper tiers nationally. Childcare options are thinner locally, which may matter for family-oriented renters.
Neighborhood occupancy runs strong (around the 80th percentile nationally), and the share of housing units that are renter-occupied is elevated (roughly top decile), pointing to a sizable tenant base and generally resilient absorption. Median contract rents sit in a mid-market range, which can support lease retention and steady renewal trends rather than peak-rate volatility.
Within a 3-mile radius, demographics show population growth alongside a larger increase in households over the past five years, expanding the local renter pool. Forecasts point to continued population gains and a meaningful rise in households over the next five years, with smaller average household sizesdynamics that typically widen demand for rental units and support occupancy stability.
The neighborhoods median home values are lower relative to many U.S. areas, which can introduce some competition from ownership options. For multifamily investors, this tends to favor properties that compete on convenience, management quality, and value rather than purely on price. Average school ratings trail national norms, an additional consideration for assets targeting family renters.
Relative to U.S. neighborhoods, reported crime metrics indicate a less favorable safety profile at present, though recent year-over-year trends show some improvement. Within the Dallas-Plano-Irving area, the neighborhood ranks in the lower half among 1,108 neighborhoods on crime measures, while national percentiles suggest conditions are below average for safety.
For investors, this underscores the importance of active property management, lighting and access controls, and resident engagement. Monitoring ongoing local trends is prudent given the recent declines observed in both property and violent offense rates.
Proximity to major corporate employers supports a broad renter base and commute convenience for residents, reinforcing leasing depth for workforce and professional households. Notable nearby employers include D.R. Horton, Dean Foods, Builders FirstSource, Jacobs Engineering Group, and AT&T.
- D.R. Horton homebuilding (8.7 miles)
- Dean Foods dairy (10.8 miles) HQ
- Builders FirstSource building materials (10.9 miles) HQ
- Jacobs Engineering Group engineering (10.9 miles) HQ
- AT&T telecommunications (11.0 miles) HQ
711 Matador Ln offers a scale-efficient, 98-unit footprint in an inner-suburban Dallas location where neighborhood occupancy is strong and renter concentration is high, supporting stable leasing fundamentals. Median rents are mid-market and the neighborhoods relative attainability can aid retention, while continued population growth and rising household counts within 3 miles point to a larger tenant base ahead. Built in 1999, the asset is newer than the areas average vintage, which can enhance competitive positioning versus older stock, while leaving room for targeted modernization and value-add execution.
Amenity access is a differentiator (notably groceries, parks, pharmacies, and dining), though limited childcare and below-average school ratings warrant positioning toward renter segments less sensitive to school quality. According to commercial real estate analysis from WDSuite, the combination of occupancy strength, renter depth, and demographic tailwinds provides a credible platform for steady operations, balanced by safety metrics that call for proactive management and by potential competition from relatively accessible for-sale housing.
- Strong neighborhood occupancy and elevated renter-occupied share support leasing stability
- 1999 vintage offers relative competitiveness versus older local stock with modernization upside
- 3-mile population and household growth expands the tenant base and supports renewals
- Amenity access (grocery, parks, pharmacies, dining) enhances daily convenience and retention
- Risks: below-average safety and school ratings; competition from accessible homeownership