| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 46th | Poor |
| Demographics | 33rd | Poor |
| Amenities | 28th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 909 W Main St, Quinlan, TX, 75474, US |
| Region / Metro | Quinlan |
| Year of Construction | 1988 |
| Units | 48 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
909 W Main St Quinlan Workforce Multifamily Opportunity
Positioned for workforce demand in Quinlan, this property offers income-focused upside as renter-occupied housing remains elevated in the neighborhood and ownership costs are comparatively accessible, according to WDSuite’s CRE market data.
Neighborhood and Demand Drivers
The surrounding neighborhood is suburban and rates C- among Dallas–Plano–Irving neighborhoods, indicating a value-driven location where renters prioritize price and commute practicality. Renter concentration is in the top quartile among 1,108 metro neighborhoods, signaling a deeper tenant base for multifamily relative to many Dallas-area peers. Neighborhood occupancy runs below metro norms and has trended softer over five years, so underwriting should assume active leasing management and targeted concessions to maintain velocity.
Amenities are limited locally: cafes and parks rank low nationally, while basic retail access is steadier with grocery presence around the national midpoint. Average school ratings sit below national averages, which can matter for family-oriented leasing strategies; positioning toward workforce households and singles may align better with current neighborhood dynamics.
Within a 3-mile radius, demographics show population contraction over the past five years alongside smaller average household sizes. Even with flat-to-lower population, WDSuite data indicate households are projected to increase and sizes to continue shrinking, which can expand the renter pool and support occupancy stability for well-priced units.
Home values are lower relative to national norms, and rent-to-income levels indicate manageable rent burdens locally. For investors, that balance can support retention, though more accessible ownership options can also compete with leasing; product differentiation and service quality become important for renewals and pricing power.
Safety Context
Neighborhood-level crime metrics are not available in the current WDSuite dataset for this area. Investors should benchmark property-level security features and local policing trends against nearby Dallas–Plano–Irving neighborhoods to gauge relative risk and align operating practices with resident expectations.
Employment Base and Commuter Access
Regional employers within commuting distance support workforce housing demand, with roles concentrated in construction, electronics distribution, aerospace/defense, and life sciences.
- D.R. Horton — homebuilding (23.7 miles)
- Avnet Electronics — electronics distribution (30.5 miles)
- Raytheon — defense & aerospace offices (32.0 miles)
- Thermo Fisher Scientific — life sciences (32.2 miles)
- General Dynamics — defense & aerospace offices (32.5 miles)
Why Invest
This 48-unit asset in Quinlan targets value-driven renters in a neighborhood with top-quartile renter concentration across the Dallas–Plano–Irving metro. Although neighborhood occupancy is softer and has eased over five years, rent-to-income levels remain manageable and household counts within a 3-mile radius are projected to rise even as household sizes contract—factors that can bolster the tenant base for competitively priced units, based on commercial real estate analysis from WDSuite.
Local amenities and school ratings trail national averages, so leasing success will hinge on workforce positioning, service consistency, and efficient operations. Lower relative home values can create competition from ownership, but they also anchor realistic rent expectations and can support renewal retention for well-managed properties.
- Renter concentration in the top quartile of 1,108 metro neighborhoods supports a deeper tenant base
- Manageable rent-to-income dynamics aid retention and lease stability
- 3-mile household growth with smaller household sizes can expand the renter pool
- Risk: softer neighborhood occupancy and below-average amenities/schools require active leasing and service quality
- Risk: more accessible ownership options may compete with rentals—differentiate on value and convenience