| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 58th | Fair |
| Demographics | 26th | Poor |
| Amenities | 26th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 125 Janis St, Alvarado, TX, 76009, US |
| Region / Metro | Alvarado |
| Year of Construction | 1988 |
| Units | 36 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
125 Janis St, Alvarado TX Multifamily Value-Add Opportunity
Neighborhood occupancy trends run below the metro median, but renter demand is supported by accessible rent-to-income levels and suburban fundamentals, according to WDSuite’s CRE market data.
Located in a suburban pocket of the Fort Worth–Arlington–Grapevine metro, the neighborhood carries a C rating and performs below the metro median overall (ranked 447 among 561 metro neighborhoods). Amenity density is thinner than core submarkets, though parks and childcare access sit slightly above national medians, supporting day-to-day livability for workforce renters.
Rents in the area remain relatively manageable versus incomes, and the neighborhood’s rent-to-income sits in the high-teens, which can support retention and measured pricing power for well-managed assets. Home values are moderate for the region, so investors should plan for some competition from entry-level ownership while leaning on operational execution and resident experience to sustain leasing.
The share of renter-occupied housing units in the neighborhood is above many U.S. neighborhoods, signaling a workable tenant base for a 36‑unit asset. However, neighborhood occupancy is below the metro median, which places a premium on targeted leasing, competitive unit finishes, and consistent management to stabilize tenancy.
Within a 3‑mile radius, demographics indicate households are projected to grow over the next five years, expanding the local renter pool. Incomes have risen meaningfully in recent periods, which supports capacity to absorb modest rent steps and can reduce turnover when paired with competitive unit quality, based on commercial real estate analysis from WDSuite.
The neighborhood’s average construction year trends to the early 1990s. This property’s 1988 vintage is slightly older than nearby stock, creating potential value‑add via targeted renovations and systems updates to improve relative positioning.
Neighborhood-level crime metrics are not available in this dataset. Investors often benchmark safety using broader city and county trends alongside property-level incident history and insurer/lender diligence. In a suburban context, practical measures such as lighting, access control, and resident engagement can support leasing and retention without relying on any single statistic.
Regional employers within commuting range support workforce housing demand and can aid retention when paired with competitive rents and finishes. The names below reflect nearby corporate offices and headquarters that contribute to the area’s employment base.
- Ball Metal Beverage Packaging — manufacturing (17.3 miles)
- D.R. Horton — homebuilding (24.6 miles) — HQ
- Parker Hannifin Corporation — industrial components (26.5 miles)
- Express Scripts — pharmacy benefits (29.8 miles)
- American Airlines Group — airline corporate (29.8 miles) — HQ
This 36‑unit, 1988‑vintage asset sits in a renter‑oriented suburban pocket where accessible rent‑to‑income supports retention, even as neighborhood occupancy trends run below the metro median. Being slightly older than the neighborhood average introduces clear value‑add angles—interior refreshes and targeted systems upgrades—that can elevate competitiveness against early‑1990s stock.
Within a 3‑mile radius, population and household projections point to a larger tenant base over the next five years, while moderate ownership costs suggest some competition from entry‑level buyers. According to CRE market data from WDSuite, thoughtful asset management—finish levels, curb appeal, and lease management—will be central to driving occupancy stability and steady cash flow relative to metro peers.
- Value‑add potential from 1988 vintage through interior updates and selective capital projects
- Manageable rent‑to‑income supports renewal rates and measured pricing power
- Regional employment access within commuting range supports tenant demand and retention
- Risks: below‑median neighborhood occupancy and thinner amenity density require focused leasing and operations