| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 58th | Fair |
| Demographics | 31st | Poor |
| Amenities | 47th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2000 N Kaufman St, Ennis, TX, 75119, US |
| Region / Metro | Ennis |
| Year of Construction | 1975 |
| Units | 56 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2000 N Kaufman St Ennis Multifamily Investment
Neighborhood occupancy is holding above the metro median and renter demand is competitive for the submarket, according to WDSuite’s CRE market data. For investors, the stability at the neighborhood level supports underwriting focused on steady leasing rather than aggressive lease-up assumptions.
The property sits in an Inner Suburb pocket of Ennis within the Dallas–Plano–Irving metro. At the neighborhood level, occupancy trends are above the metro median, and renter-occupied housing accounts for a competitive share of units versus peer areas. This supports depth of the tenant base and points to steady renewal potential rather than volatile turnover, based on CRE market data from WDSuite.
Amenity access is mixed: restaurants and groceries track around the upper-middle range among U.S. neighborhoods, while cafés are comparatively stronger. By contrast, childcare and pharmacy density are thin locally. Overall amenity positioning is competitive among Dallas–Plano–Irving neighborhoods (371 out of 1,108), suggesting day-to-day convenience for residents with some service gaps investors should consider when assessing tenant preferences.
On housing costs, median home values are lower than many Dallas suburbs, which can introduce some competition from ownership. However, neighborhood rent-to-income levels are moderate, a dynamic that can aid lease retention and provide measured pricing power without pushing affordability pressure to levels that elevate turnover risk.
Within a 3-mile radius, demographics show a mixed picture: recent population softness contrasts with projections for broader household growth and a smaller average household size over the next five years. A larger household count with smaller household sizes generally supports multifamily demand by expanding the pool of potential renters and sustaining occupancy stability, per WDSuite’s commercial real estate analysis. At the neighborhood level, a renter-occupied share in the top quartile nationally reinforces near-term leasing depth even as longer-term shifts may tilt slightly toward ownership.
Vintage matters here: built in 1975 compared with an area average around the early 1980s, the asset skews older. That implies capital planning for building systems and presents value-add potential through unit and common-area upgrades to maintain competitiveness against newer inventory.
Comparable crime benchmarks for this specific neighborhood are not available in the dataset provided. Investors should reference broader Dallas–Plano–Irving trends and municipal reporting to contextualize risk and align insurance and security line items with observed regional patterns. Where operators pursue value-add, standard safety enhancements and lighting/visibility improvements can support resident retention and leasing.
- State Farm Insurance — insurance offices (30.6 miles)
- AT&T — telecommunications (31.5 miles) — HQ
- Jacobs Engineering Group — engineering & professional services (31.8 miles) — HQ
- Builders Firstsource — building materials (31.8 miles) — HQ
- Tenet Healthcare — healthcare services (31.9 miles) — HQ
The nearby employment base spans large corporate offices that draw commuters across South Dallas, supporting workforce housing demand and lease retention for properties with convenient highway access. The list below highlights major employers within an approximately 30–32 mile commute.
This 56-unit asset benefits from neighborhood-level occupancy that trends above the metro median and a renter concentration that is competitive among Dallas–Plano–Irving peers. According to CRE market data from WDSuite, rent-to-income levels are moderate for the neighborhood, supporting renewal rates and measured rent growth without outsized retention risk.
Constructed in 1975, the property is older than nearby stock, which signals the need for targeted capital expenditures and creates value-add potential to lift effective rents and defend occupancy. Within a 3-mile radius, projections point to an expanding household base and smaller household sizes, which typically broaden the tenant pool and support leasing stability. Counterbalancing factors include relatively accessible home values and thinner childcare/pharmacy coverage, which may influence renter preferences and require calibrated amenity positioning.
- Neighborhood occupancy above metro median supports steady cash flow underwriting.
- Competitive renter-occupied share indicates depth of tenant demand versus local peers.
- 1975 vintage offers clear value-add pathways; plan for systems and interior upgrades.
- 3-mile projections show household growth and smaller household sizes, expanding the renter pool and supporting occupancy stability.
- Risks: accessible ownership options and limited childcare/pharmacy presence may temper pricing power without targeted amenities and management.