| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 54th | Fair |
| Demographics | 44th | Fair |
| Amenities | 29th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1301 W Arkansas Ln, Arlington, TX, 76013, US |
| Region / Metro | Arlington |
| Year of Construction | 1984 |
| Units | 24 |
| Transaction Date | 2001-12-10 |
| Transaction Price | $877,800 |
| Buyer | G4A MANAGEMENT |
| Seller | RJS CORNERSTONE LTD |
1301 W Arkansas Ln, Arlington TX Multifamily Investment
Renter-occupied housing is prevalent in the surrounding neighborhood, supporting a consistent tenant base, and occupancy trends sit below metro leaders but remain workable according to WDSuite’s CRE market data.
Located in Arlington’s inner suburb within the Fort Worth–Arlington–Grapevine metro, the neighborhood rates C+ (ranked 363 among 561 metro neighborhoods), indicating competitive positioning but not top-tier performance. Median contract rents track near the national middle, while neighborhood occupancy is moderate, suggesting leasing is achievable with attention to pricing and operations. Childcare coverage is strong (top decile nationally), and grocery access outperforms most areas, though cafes, restaurants, and parks are limited—factors to consider for resident lifestyle expectations.
Renter concentration is high for the area (above the metro median and in the top national percentiles), which points to a deep local tenant pool and supports demand for smaller-format and value-oriented units. By contrast, the average school rating trends below national norms, which can influence family renter retention; positioning toward workforce and young adult segments may align better with local dynamics.
Home values relative to incomes are elevated versus many U.S. neighborhoods (top quintile nationally on value-to-income), reinforcing reliance on rentals and helping sustain multifamily demand and lease retention. The property’s 1984 vintage is slightly newer than the neighborhood’s typical stock from the late 1970s, offering a competitive edge against older assets while still leaving room for targeted systems upgrades or value-add finishes to capture demand.
Demographics within a 3-mile radius show recent population and household growth, with projections indicating a material increase in households by 2028 and a rising share of higher-income brackets. This broadens the renter pool and supports occupancy stability and mild pricing power over time, based on CRE market data from WDSuite.
Safety indicators are mixed and warrant risk management. The neighborhood’s overall crime rank sits in the lower half of the metro (ranked 370 of 561), and safety percentiles versus U.S. neighborhoods are below average. Violent offense rates benchmark in a low national percentile, while property offenses sit higher but have improved recently.
On trend, estimated property offense rates declined markedly year over year, placing improvement above many U.S. neighborhoods, while violent offense trends were relatively flat. Investors should underwrite appropriate security measures and resident policies and monitor local policing and community initiatives as part of asset management.
Proximity to major employers underpins renter demand from aviation, healthcare services, manufacturing, homebuilding, and retail headquarters, supporting commute convenience and leasing stability for workforce renters.
- American Airlines Group — aviation HQ & operations (9.3 miles) — HQ
- Express Scripts — healthcare services (9.5 miles)
- Ball Metal Beverage Packaging — manufacturing (11.6 miles)
- D.R. Horton — homebuilding (12.3 miles) — HQ
- Gamestop — retail headquarters (13.7 miles) — HQ
This 24‑unit 1984 asset sits in an inner-suburban Arlington neighborhood with a deep renter base and mid-market rents, positioning it for steady absorption and value-add potential. Occupancy in the neighborhood is moderate rather than peak, indicating room to differentiate via unit upgrades and disciplined lease management. Elevated home values relative to incomes in the area reinforce reliance on rentals and can aid retention and pricing discipline. Within a 3-mile radius, recent population and household growth, alongside projections for further household expansion by 2028, point to a larger tenant base and support for long-term leasing fundamentals.
According to commercial real estate analysis from WDSuite, the property’s slightly newer vintage than the neighborhood norm can provide a competitive edge versus older stock, while targeted capex can address systems modernization and interior finish upgrades. Investors should underwrite for operational execution in a neighborhood that is not top quartile locally, including attention to safety and school perceptions, but fundamentals support a durable workforce housing thesis.
- Deep renter concentration supports demand and leasing velocity.
- 1984 vintage offers value-add upside versus older local stock.
- Household growth within 3 miles expands the tenant base and supports occupancy stability.
- Elevated ownership costs locally reinforce rental reliance and potential retention.
- Risks: below-average safety and school ratings; requires active management and resident retention focus.