| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 75th | Best |
| Demographics | 28th | Poor |
| Amenities | 75th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1224 Deuce Dr, Arlington, TX, 76017, US |
| Region / Metro | Arlington |
| Year of Construction | 1984 |
| Units | 120 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1224 Deuce Dr Arlington TX Multifamily Investment
Neighborhood fundamentals point to steady renter demand and competitive occupancy, according to WDSuite’s CRE market data, with conditions that support leasing stability for well-managed assets. The submarket’s mix of daily amenities and access to major employers underpins long-term tenant retention potential.
The property sits in an Inner Suburb pocket of Arlington with an A- neighborhood rating (106 of 561 metro neighborhoods), indicating competitive positioning within the Fort Worth–Arlington–Grapevine market. Neighborhood occupancy is reported at 96.1%, which is competitive among Fort Worth–Arlington–Grapevine neighborhoods and supportive of stabilized operations for comparable multifamily assets.
Livability indicators skew positive for daily needs: restaurants and cafes score in the top decile nationally, and grocery and pharmacy access test well above national medians. This concentration of essentials tends to reduce resident friction and can help support lease retention. Park access is limited, so on-site open space or nearby private recreation options may matter for positioning.
Tenure patterns show a renter-occupied share around half of housing units in the neighborhood, signaling a deep renter base and demand stability for workforce and market-rate product. With a rent-to-income profile that indicates some affordability pressure relative to national benchmarks, proactive lease management and amenity-value alignment remain important for pricing power.
Demographic statistics aggregated within a 3-mile radius point to a large and gradually expanding renter pool over the forecast period, with expectations for population growth and a notable increase in households. Rising median incomes alongside projected household gains suggest a broader tenant base, supporting occupancy stability and measured rent growth for well-located communities.
Vintage context matters: the average nearby construction year skews late-1990s, while this property was built in 1984. The older vintage can create value-add potential through targeted renovations and system upgrades, and investors should plan capital expenditures to maintain competitive standing versus newer stock.
Safety outcomes are mixed when benchmarked against the region and nation. Relative to metro peers (561 neighborhoods), the area ranks below the metro median on crime, and national comparisons place the neighborhood below average for safety. Year-over-year trends show property offenses declining while violent offenses increased, indicating that investors should review submarket trends and asset-level controls as part of underwriting.
For context, national percentile readings indicate weaker safety performance compared with neighborhoods nationwide, though the recent improvement in property offenses suggests potential for stabilization with effective on-site management and coordination with local resources. Use this as a comparative signal rather than a block-level assessment.
- Ball Metal Beverage Packaging — packaging manufacturing (10.7 miles)
- American Airlines Group — airlines (12.2 miles) — HQ
- Express Scripts — pharmacy benefit management (12.2 miles)
- D.R. Horton — homebuilding (13.2 miles) — HQ
- GameStop — retail/gaming corporate offices (16.8 miles) — HQ
Nearby corporate employers provide a diversified employment base that supports renter demand and commute convenience for residents, including packaging, airlines, pharmacy benefits, homebuilding, and retail/gaming.
1224 Deuce Dr offers scale at 120 units in a neighborhood that tests competitively within the Fort Worth–Arlington–Grapevine metro. Based on commercial real estate analysis from WDSuite, neighborhood occupancy is solid and local amenities are strong, supporting day-to-day convenience and leasing durability. The property’s 1984 construction is older than nearby stock on average, creating clear value-add levers via interior upgrades and building systems planning to sharpen competitiveness.
Within a 3-mile radius, forecasts indicate population growth and a meaningful increase in households, expanding the tenant base over the mid-term. Proximity to multiple corporate employers adds demand depth and can aid retention. Affordability signals suggest disciplined rent setting and resident experience will be important for sustained performance.
- Competitive neighborhood standing and steady occupancy support stabilized operations
- Strong daily-need amenities underpin retention and marketing differentiation
- 1984 vintage presents value-add potential via targeted renovations and system upgrades
- 3-mile forecasts show population and household growth, enlarging the renter pool
- Risks: below-average safety metrics and affordability pressure require focused asset management