| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 36th | Poor |
| Demographics | 41st | Fair |
| Amenities | 17th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 731 Culver St, Commerce, TX, 75428, US |
| Region / Metro | Commerce |
| Year of Construction | 2005 |
| Units | 120 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
731 Culver St, Commerce TX Multifamily Investment
Neighborhood renter concentration and stable occupancy suggest resilient tenant demand, according to WDSuite’s CRE market data. Newer 2005 construction relative to local stock positions the asset competitively versus older properties.
The property sits in a suburban pocket of Commerce within the Dallas–Plano–Irving metro where neighborhood occupancy is reported at 87.4% and has improved over the last five years. While local amenities are limited by national standards, everyday needs are serviceable, with grocery access tracking around the metro middle of the pack.
Construction skews older across the neighborhood (average 1974), which makes a 2005-vintage asset comparatively competitive on building systems and curb appeal. Investors should still underwrite mid-life replacements and modernization to sustain positioning versus both older legacy assets and newer deliveries.
Within a 3-mile radius, demographics point to a sizable young adult cohort (roughly 18–34 at 43.6%) and modest population growth, with households projected to expand toward 2028—supporting a larger tenant base and lease-up resilience. Median contract rents in the immediate area remain accessible relative to incomes, which can aid retention and limit turnover risk.
Renter concentration is meaningful for the neighborhood and within the 3-mile radius (WDSuite indicates 43.3% renter-occupied at the neighborhood level and a higher share in the broader 3-mile area), signaling depth in the tenant pool. Home values are lower than many national peers, which can introduce some competition from ownership; however, for professionally managed apartments, this context often supports steady workforce housing demand and consistent leasing.
On relative standing, the neighborhood rates C- overall and is ranked 1,012 out of 1,108 metro neighborhoods, with amenities in the lower national percentiles and average grocery access. School ratings trend below national norms, which may temper appeal for family renters; investors can offset this with unit-level finishes, community features, and management that emphasize convenience and value.
WDSuite’s data places the neighborhood in the top quartile among 1,108 Dallas–Plano–Irving metro neighborhoods for overall crime rank, indicating comparatively favorable safety versus many local peers. Nationally, indicators for violent and property offenses track in higher safety percentiles, suggesting relative strength versus the U.S. overall, though short-term fluctuations warrant continued monitoring.
Recent trend data show year-over-year variability, including an uptick in estimated violent offense rates, so prudent operators should maintain standard security measures and community engagement to support resident comfort and retention. As with any asset, focus on lighting, access control, and partnerships with local resources can help sustain stability over time.
Regional employment is anchored by defense and aerospace, with access to major employers supporting leasing from commuters willing to travel for stable roles. The nearby presence noted below can contribute to a diversified renter base.
- Raytheon Company — defense & aerospace (43.9 miles)
This 120-unit, 2005-vintage asset offers durable workforce rental demand in a suburban Commerce location where neighborhood occupancy has trended upward and renter concentration supports depth of the tenant base. Based on commercial real estate analysis from WDSuite, the property’s newer vintage versus the area’s older stock positions it well on maintenance cycles and competitiveness, while accessible rents relative to incomes can aid retention and stabilize cash flow.
Within a 3-mile radius, a large 18–34 population, modest population growth, and a forecasted increase in households point to a gradually expanding renter pool. While limited neighborhood amenities and below-average school ratings may narrow some household segments, these factors often align with steady workforce leasing when paired with pragmatic capital plans and attentive management.
- 2005 vintage versus older neighborhood stock supports competitive positioning with manageable mid-life capex planning.
- Renter concentration and improving neighborhood occupancy point to demand stability and leasing resilience.
- 3-mile demographics show a large young adult cohort and projected household growth, expanding the tenant base.
- Accessible rents relative to incomes support retention and pricing flexibility through cycles.
- Risks: limited local amenities, below-average school ratings, and some competition from homeownership require careful positioning and asset management.