| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 52nd | Poor |
| Demographics | 51st | Good |
| Amenities | 66th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 514 SE Gardens Blvd, Burleson, TX, 76028, US |
| Region / Metro | Burleson |
| Year of Construction | 1978 |
| Units | 68 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
514 SE Gardens Blvd Burleson Multifamily Investment
Neighborhood occupancy remains stable and competitive, supporting income durability for multifamily investors, according to WDSuite’s CRE market data. With suburban fundamentals and commuter access to Fort Worth employment centers, the area provides consistent renter demand without relying on peak-cycle assumptions.
Situated in Burleson within the Fort Worth–Arlington–Grapevine metro, the neighborhood scores competitive among 561 metro neighborhoods (overall A- rating), indicating balanced livability and investment fundamentals. Local occupancy in the neighborhood is solid, helping underpin leasing stability for well-managed assets.
Daily amenities are accessible: cafe density ranks competitive in the metro and is top quartile nationally, while grocery and restaurant access track above national medians. Park access is limited, which may reduce lifestyle appeal for some residents, but proximity to retail and services helps support day-to-day convenience.
Within a 3-mile radius, demographics point to a growing tenant base: population and households expanded over the last five years and are projected to increase further, indicating renter pool expansion and support for occupancy. Median household incomes have risen, which can aid collections and modest rent growth management. The share of housing units that are renter-occupied within this 3-mile area is moderate, suggesting depth for workforce-oriented multifamily while avoiding overreliance on any single renter segment.
The property’s 1978 vintage is older than the neighborhood’s average construction year of 1999, implying potential value-add and capital planning opportunities to remain competitive against newer stock.
Affordability metrics are favorable for rent retention: a low rent-to-income profile indicates manageable monthly outlays for tenants, supporting lease stability. At the same time, the area’s relatively accessible ownership costs versus national norms can introduce some competition with single-family alternatives, which places a premium on unit quality, amenities, and professional management.
Safety conditions track around national midranges overall, based on WDSuite neighborhood indicators. Property offense levels are roughly near the national median and have improved year over year, while violent offense indicators sit below national medians, warranting routine risk management and resident engagement. Compared with other Fort Worth–Arlington–Grapevine neighborhoods, the area is broadly middle of the pack, so investors typically focus on lighting, access control, and community standards to support retention.
Nearby employers provide a diversified white- and blue-collar employment base that supports renter demand and commute convenience for workforce housing, including Ball Metal Beverage Packaging, D.R. Horton, Parker Hannifin, American Airlines Group, and Express Scripts.
- Ball Metal Beverage Packaging — beverage packaging (8.5 miles)
- D.R. Horton — homebuilding (15.8 miles) — HQ
- Parker Hannifin Corporation — industrial/engineering (16.8 miles)
- American Airlines Group — airline corporate (26.2 miles) — HQ
- Express Scripts — pharmacy benefit management (26.4 miles)
This 68-unit asset offers exposure to a suburban Fort Worth submarket where neighborhood occupancy is strong and amenities are accessible. Based on CRE market data from WDSuite, the area’s renter demand benefits from steady employment access and a moderate share of renter-occupied housing units within a 3-mile radius, supporting lease-up and renewal prospects. The local ownership market is relatively more accessible than many national peers, so competitive positioning via upkeep, amenities, and service remains important.
Built in 1978, the property is older than the neighborhood’s average vintage, creating a clear value-add or capital planning path to enhance competitiveness versus late-1990s and 2000s product. Demographic trends within a 3-mile radius show population and household growth historically and in forward projections, pointing to a larger tenant base and reinforcing occupancy stability for well-operated communities.
- Stable neighborhood occupancy supports income durability and renewal performance.
- Growing 3-mile population and households expand the renter pool and help sustain demand.
- 1978 vintage offers value-add potential and the need for targeted capex to compete with newer assets.
- Low rent-to-income dynamics support retention; focus on service and amenities to maintain pricing power amid accessible ownership options.
- Risk: safety indicators are near national midranges with mixed trends, requiring proactive property operations and resident engagement.