| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 68th | Best |
| Demographics | 65th | Good |
| Amenities | 62nd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1520 Crawford Ct, Granbury, TX, 76048, US |
| Region / Metro | Granbury |
| Year of Construction | 2000 |
| Units | 31 |
| Transaction Date | 2005-03-15 |
| Transaction Price | $1,100,000 |
| Buyer | GRANBURY TOWN LAKE LP |
| Seller | COUCH GARY L |
1520 Crawford Ct, Granbury, TX Multifamily Investment
Household growth and a high-cost ownership landscape in the surrounding neighborhood point to durable renter demand, according to WDSuite’s CRE market data.
Granbury’s suburban neighborhood context scores strongly for day-to-day convenience and schools. Restaurant, cafe, grocery, and pharmacy availability rank at or near the top among 21 metro neighborhoods and sit in the upper national percentiles, supporting renter appeal and lease retention. Average school ratings are also in the top quartile nationally, adding to family-oriented demand.
Neighborhood-level occupancy has trended up over the past five years yet sits below the metro median. For investors, this suggests the need for disciplined leasing and amenity positioning, while steady gains indicate improving absorption across the area (neighborhood figures, not the property).
Within a 3-mile radius, demographics show a larger tenant base forming: population and households have expanded meaningfully, with further growth expected, indicating a broader pool of prospective renters and support for occupancy stability. The 3-mile area’s renter-occupied share is roughly one-third of housing units, signaling adequate depth for multifamily demand rather than dependence on a narrow tenant profile.
Ownership costs are elevated relative to local incomes at the neighborhood level, and home values have appreciated rapidly in recent years. This high-cost ownership market tends to reinforce reliance on rental options, while neighborhood rent-to-income levels remain manageable by regional standards, supporting retention and prudent rent growth management.
Comparable safety insights are limited for this neighborhood in WDSuite’s dataset, and specific crime ranks or percentiles are not available. Investors should rely on multiple sources and time-based trend reviews to assess safety, using consistent definitions and neighborhood boundaries for apples-to-apples comparison.
Regional employers within commuting distance—including Ball Metal Beverage Packaging, Parker Hannifin, and D.R. Horton—help underpin renter demand through diversified industrial and corporate employment, supporting leasing durability for workforce and professional households.
- Ball Metal Beverage Packaging — manufacturing (30.0 miles)
- Parker Hannifin Corporation — diversified industrials (30.9 miles)
- D.R. Horton — homebuilding (33.5 miles) — HQ
The investment case centers on demand resilience supported by neighborhood conveniences, family-friendly school performance, and a broader 3-mile market showing population and household expansion—factors that typically aid tenant retention and occupancy stability. Elevated ownership costs at the neighborhood level further sustain renter reliance on multifamily housing, while rent-to-income readings indicate room for disciplined pricing without overextending affordability.
Based on commercial real estate analysis using WDSuite’s data, neighborhood occupancy has improved over time but remains below the metro median, implying the need for strong property management and targeted amenities. With continued household growth expected in the 3-mile area, the leasing pipeline should remain active, though execution will matter to capture that demand.
- Household growth within 3 miles expands the tenant base and supports occupancy stability.
- High-cost ownership market at the neighborhood level reinforces multifamily demand and lease retention.
- Strong neighborhood amenities and top-quartile school ratings nationally enhance renter appeal.
- Execution risk: neighborhood occupancy trails the metro median, requiring disciplined leasing and amenity strategy.