| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 46th | Poor |
| Demographics | 39th | Fair |
| Amenities | 55th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1000 E Malloy Bridge Rd, Seagoville, TX, 75159, US |
| Region / Metro | Seagoville |
| Year of Construction | 2005 |
| Units | 100 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1000 E Malloy Bridge Rd Seagoville Multifamily Investment
Neighborhood occupancy sits above national norms and around the metro median, while the assets 2005 vintage is newer than much of the local stock, according to WDSuites CRE market data. These factors point to durable renter demand with manageable capital planning relative to older properties nearby.
Seagovilles suburban setting offers everyday essentials with a balanced amenity mix. Amenity access is competitive among the 1,108 DallasPlanoIrving neighborhoods, and grocery, pharmacy, and casual dining density trends slightly above national benchmarks, per WDSuite. Childcare options are thinner locally, which may matter for family-oriented leasing strategies.
Schools in the area rate above national averages (around the 73rd percentile), supporting family demand and retention. Neighborhood occupancy is above national norms and near the metro middle, suggesting steady leasing conditions rather than outsized volatility. Median asking rents in the area track close to U.S. norms, keeping the value proposition grounded for workforce households.
Within a 3-mile radius, demographics indicate growth and an expanding tenant base: population and households have increased in recent years, and forecasts to 2028 show further population and household gains that can support occupancy stability and lease-up pace. The renter-occupied share within this 3-mile radius is about one-fifth of housing units, signaling a defined but targeted renter pool; for multifamily operators, this points to demand that is present but reliant on product positioning and effective marketing.
Ownership costs are moderate by national standards here, which can create some competition from entry-level ownership. However, a low rent-to-income profile (high national percentile for rent affordability) supports lease retention and reduces turnover pressure for well-managed assets. With the propertys 2005 vintage outpacing the neighborhoods older average stock (1985), investors can position upgrades selectively to maintain competitiveness without the heavier CapEx often required for 1970s80s product.
Safety indicators compare favorably in a metro context: the neighborhood ranks in roughly the top quarter among 1,108 DallasPlanoIrving neighborhoods, and sits modestly above the national median, according to WDSuites data. Recent year-over-year trends show meaningful improvement in property-related incidents, reinforcing a constructive trajectory rather than a one-off result.
Investors should still underwrite with standard prudence, focusing on property-level measures (lighting, access control) and monitoring submarket trends over time, rather than relying solely on a single-year snapshot.
Regional employment depth within commuting distance includes homebuilding, telecommunications, building materials, engineering, and healthcare corporate offices, supporting a diversified renter base and commute convenience for workforce households.
- D.R. Horton, Americas Builder homebuilding corporate offices (16.7 miles)
- AT&T telecommunications corporate offices (18.1 miles) HQ
- Builders Firstsource building materials corporate offices (18.1 miles) HQ
- Jacobs Engineering Group engineering corporate offices (18.2 miles) HQ
- Tenet Healthcare healthcare corporate offices (18.5 miles) HQ
Built in 2005 with 100 units, this asset is materially newer than the areas average vintage (1985), offering competitive positioning versus older stock and the potential for targeted value-add rather than heavy systems replacement. Neighborhood occupancy trends above U.S. norms and near the metro median, and rent levels align with national benchmarksa combination that supports stable leasing without requiring outsized concessions, based on CRE market data from WDSuite.
Within a 3-mile radius, recent increases in population and householdswith additional growth forecast through 2028point to a larger tenant base and healthy leasing pipeline. Proximity to diversified employers within 1718 miles underpins workforce demand. Key underwriting considerations include a relatively high owner-occupied landscape nearby and thinner childcare amenities, which place a premium on unit mix, family-friendly features, and marketing reach.
- 2005 vintage vs. older neighborhood stock enables competitive positioning with selective upgrades
- Neighborhood occupancy above national norms supports steady cash flow potential
- Expanding 3-mile population and household counts strengthen the renter pipeline and retention
- Commutable access to diversified corporate employers supports workforce renter demand
- Risk: higher owner-occupied share and limited childcare amenities may narrow the immediate renter pool