| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 63rd | Good |
| Demographics | 66th | Best |
| Amenities | 26th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 616 Linda Dr, Burleson, TX, 76028, US |
| Region / Metro | Burleson |
| Year of Construction | 1990 |
| Units | 56 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
616 Linda Dr, Burleson TX Multifamily Opportunity
Neighborhood occupancy trends sit around metro averages while top-tier schools support steady renter demand, according to WDSuite’s CRE market data. With a suburban location and stable fundamentals, the area favors consistent leasing over outsized volatility.
Burleson’s inner-suburban setting offers day-to-day convenience with a concentration of restaurants and grocery options scoring above many peer areas across the Fort Worth-Arlington-Grapevine metro. Parks and café density are thinner, so the amenity mix skews toward essentials and dining rather than lifestyle destinations.
School quality is a standout: the neighborhood ranks 1st out of 561 metro neighborhoods and sits in the top quartile nationally, a dynamic that can reinforce retention for family renters. Neighborhood occupancy is near the metro middle, indicating balanced leasing conditions without pronounced vacancy stress.
The local housing stock trends newer for the metro (average construction year 2010). With a 1990 vintage, the asset is older than surrounding product—an important note for capital planning and a possible value-add or repositioning angle to stay competitive against newer stock.
Renter concentration in the immediate neighborhood is modest (about one-fifth of housing units are renter-occupied), suggesting an owner-leaning area where multifamily demand is driven by targeted segments rather than broad rental saturation. Within a 3-mile radius, population and household counts have been expanding and are projected to continue increasing, which supports a larger tenant base and helps underpin occupancy stability over time.
Home values are elevated for many local households but not extreme by national standards, and neighborhood rents benchmark above numerous peer suburbs. Rent-to-income levels indicate manageable affordability pressure, which can aid lease retention while still allowing disciplined rent growth strategies.
Safety indicators are mixed in relative terms. The neighborhood’s crime rank sits at 101 out of 561 across the Fort Worth metro, which is less favorable than many suburban peers, yet the national positioning is somewhat better (around the upper half nationwide). Recent trends are constructive: both property and violent offense estimates have eased year over year, pointing to gradual improvement rather than deterioration.
For investors, this profile suggests prudent risk management—enhanced lighting, access control, and community standards—can complement leasing efforts, while the broader national comparison and improving direction help support long-term stability.
Proximity to established corporate employers supports commute convenience and a diversified renter base, including manufacturing, homebuilding, and corporate services roles: Ball Metal Beverage Packaging, D.R. Horton, Parker Hannifin, American Airlines Group, and Express Scripts.
- Ball Metal Beverage Packaging — manufacturing (8.0 miles)
- D.R. Horton — homebuilding HQ & corporate (15.1 miles) — HQ
- Parker Hannifin Corporation — industrial & motion control offices (15.8 miles)
- American Airlines Group — airline corporate (26.5 miles) — HQ
- Express Scripts — pharmacy benefits corporate (26.8 miles)
This 56-unit, 1990-vintage asset sits in a family-oriented suburb where schools rank at the top of the metro and neighborhood occupancy trends hover near the middle of Fort Worth. The building’s older vintage relative to the area’s newer stock presents a clear value-add path—interior updates and targeted common-area improvements can sharpen competitive positioning against 2000s-and-newer comparables. According to CRE market data from WDSuite, local rents price above many peer suburbs while rent-to-income levels remain manageable, supporting disciplined rent strategies without overextending affordability.
Within a 3-mile radius, population and households have been rising and are expected to continue growing, which points to a larger tenant base and supports occupancy stability. The neighborhood’s renter share is modest, so demand is concentrated rather than broad-based; however, strong school quality and proximity to diversified employers can aid retention and reduce leasing volatility for well-managed properties.
- Top-ranked school district dynamics support family renter retention
- 1990 vintage offers value-add and modernization upside versus newer competitive set
- Expanding 3-mile population and household base bolsters long-run tenant demand
- Rents above many peer suburbs with manageable rent-to-income support disciplined pricing
- Risks: owner-leaning neighborhood and metro-relative safety rank warrant focused tenant screening and property upgrades