| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 62nd | Fair |
| Demographics | 45th | Fair |
| Amenities | 43rd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2300 Yorkstown Dr, Ennis, TX, 75119, US |
| Region / Metro | Ennis |
| Year of Construction | 1985 |
| Units | 84 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2300 Yorkstown Dr, Ennis TX Multifamily Opportunity
Neighborhood fundamentals point to steady renter demand and above-median occupancy for the area, according to WDSuite s CRE market data. Renter-occupied share is elevated at the neighborhood level, supporting depth of tenant demand for a stabilized 84-unit asset.
Situated in Ennis within the Dallas-Plano-Irving metro, the neighborhood carries a B- rating and performs above the metro median on several livability measures, including parks and pharmacies that land in the top quartile nationally. Restaurant access is competitive among metro neighborhoods, while cafes and childcare options are thinner, which can influence how family renters evaluate daily convenience.
At the neighborhood level, occupancy trends are above the national midpoint, and contract rents sit near national medians. With a rent-to-income ratio around the middle of U.S. neighborhoods, the area reflects manageable affordability pressure that can support retention and measured pricing power rather than volatile lease-ups. Median home values are modest by national comparison, which typically sustains renter reliance on multifamily housing without pulling demand abruptly toward ownership.
The property s 1985 vintage is older than the neighborhood s average construction year of 1994. For investors, that points to capital planning and value-add potential targeted renovations and modernization can sharpen competitive positioning against newer stock while managing ongoing system upgrades common to this era.
Demographic statistics aggregated within a 3-mile radius indicate recent population softness but a meaningful forward rebound: households are projected to increase, with smaller average household sizes that can expand the renter pool and support occupancy stability. Incomes have trended higher in recent years, and forecast rent levels rise from this base, which together signal an expanding tenant base for well-managed assets, based on commercial real estate analysis from WDSuite.
Tenure patterns reinforce demand depth: neighborhood data show a higher renter-occupied share than many peers in the metro, which supports leasing velocity and renewals for professionally operated communities. School ratings lag metro leaders, which may factor into retention for family households, but value-driven upgrades and amenity programming can help appeal to the area s working-age renter base.
Neighborhood-level crime benchmarks are not available for this location in WDSuite s dataset. Investors commonly supplement with city and police department publications and property-level incident logs to assess trend direction and compare against regional norms. In the absence of quantified ranks, using occupancy stability, tenant feedback, and daytime population patterns can help contextualize day-to-day safety for underwriting.
Within commuting range of Ennis, several Dallas-area corporate headquarters and major offices contribute to a diversified employment base that supports renter demand and lease retention for workforce-oriented properties. The list below highlights nearby anchors most relevant to commuting tenants.
- State Farm Insurance insurance services (31.5 miles)
- AT&T telecommunications (32.6 miles) HQ
- Jacobs Engineering Group engineering & consulting (33.0 miles) HQ
- Builders Firstsource building materials (33.0 miles) HQ
- Tenet Healthcare healthcare services (33.1 miles) HQ
2300 Yorkstown Dr offers scale at 84 units in an Inner Suburb setting where neighborhood occupancy trends run above the national midpoint and renter concentration is comparatively high. The 1985 vintage creates a clear value-add path selective interior upgrades, common-area enhancements, and system modernization can improve competitive positioning against younger inventory while supporting durable cash flows.
Demographic statistics within a 3-mile radius show recent softness but project notable population and household growth with smaller household sizes dynamics that typically expand the tenant base, support lease-up, and stabilize renewals. According to CRE market data from WDSuite, local rents are near national medians and rent-to-income levels suggest manageable affordability pressure, reinforcing a pragmatic runway for measured rent growth. Key risks include weaker school ratings and thinner amenity density in certain categories, which call for thoughtful resident experience programming to sustain retention.
- Above-median neighborhood occupancy and solid renter concentration support demand and renewals.
- 1985 vintage presents value-add and capex opportunities to enhance competitiveness versus newer stock.
- 3-mile demographics point to household growth and smaller household sizes, expanding the renter pool.
- Rents near national medians and balanced rent-to-income levels support measured pricing power.
- Risks: weaker school ratings and limited neighborhood amenities may affect some family renter retention.