| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 53rd | Fair |
| Demographics | 29th | Poor |
| Amenities | 32nd | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 200 W Pioneer Pkwy, Arlington, TX, 76010, US |
| Region / Metro | Arlington |
| Year of Construction | 1973 |
| Units | 90 |
| Transaction Date | 2015-08-13 |
| Transaction Price | $2,800,000 |
| Buyer | Agorazo I LLC |
| Seller | Katz Matlock Place LLC |
200 W Pioneer Pkwy, Arlington TX Multifamily
High renter concentration and mid-90s neighborhood occupancy support stable tenant demand, according to WDSuite’s CRE market data, positioning this Arlington asset for steady operations.
Located in Arlington’s Urban Core, the property sits in a neighborhood with strong day-to-day conveniences and a renter-oriented housing base. Restaurant density ranks 5 out of 561 metro neighborhoods (well above national norms), and grocery access ranks 9 of 561, placing it among the most amenity-rich areas for essentials in the Fort Worth–Arlington–Grapevine metro. By contrast, parks, cafés, childcare, and pharmacies are limited within the immediate neighborhood footprint, which may shift some convenience trips to adjacent districts.
For investors, the renter-occupied share within the neighborhood is 82.9%, indicating a deep tenant base and durable leasing pipeline. Neighborhood occupancy is 91.8% and has improved over the past five years, helping underpin income stability. Median contract rents in the neighborhood sit in the upper half nationally while home values are below national medians, a combination that can sustain renter reliance on multifamily housing without fully crowding out ownership options.
Within a 3-mile radius, demographics point to a growing renter pool: population and households have expanded in recent years, with additional household growth projected, which supports demand for rental units and occupancy stability. Median household income has been rising, and contract rents have also trended upward, reinforcing pricing power with careful lease management. These dynamics are consistent with broader metro trends, according to WDSuite’s commercial real estate analysis.
Safety indicators for the neighborhood track below metro averages and below national norms. The area’s crime rank is in the lower tier among 561 Fort Worth–Arlington–Grapevine neighborhoods, and national percentiles suggest comparatively elevated risk versus many U.S. neighborhoods. Recent trends are mixed: property offenses declined year over year (−11.1%), while violent offenses increased (+12.0%).
Investors typically account for these conditions through enhanced on-site management, lighting and access controls, and resident engagement. Monitoring trend direction at the neighborhood level and comparing it with submarket peers can help calibrate underwriting and operating plans over the hold period.
Proximity to major corporate offices anchors the local employment base and supports renter demand through commute convenience. Notable nearby employers include American Airlines Group, Express Scripts, Ball Metal Beverage Packaging, D.R. Horton, and GameStop.
- American Airlines Group — airline HQ (8.9 miles) — HQ
- Express Scripts — pharmacy benefits (8.9 miles)
- Ball Metal Beverage Packaging — packaging manufacturing offices (12.6 miles)
- D.R. Horton — homebuilding HQ (13.3 miles) — HQ
- Gamestop — video game retail HQ (13.5 miles) — HQ
This 90-unit Arlington asset benefits from a deep renter base and demand drivers consistent with workforce housing. Neighborhood occupancy is 91.8% with a positive five-year trend, and the neighborhood’s 82.9% renter-occupied share points to a sizable tenant pool. Within a 3-mile radius, population and households have grown, with additional household expansion projected, supporting lease-up and retention.
Amenities for daily living are strong—especially restaurants and groceries—while parks and cafés are sparse in the immediate area. Rent-to-income levels and safety metrics call for disciplined leasing and proactive operations, but proximity to major employers and a renter-leaning housing landscape create a foundation for steady performance, according to CRE market data from WDSuite.
- Large renter base (82.9% renter-occupied) supports demand depth and leasing stability.
- Neighborhood occupancy of 91.8% with improvement over five years supports income durability.
- Strong access to daily amenities (restaurants and groceries) and proximity to major employers bolster retention.
- Demographic momentum within 3 miles (population and household growth) expands the tenant pool.
- Risks: below-average safety metrics and affordability pressure (rent-to-income) require attentive management and security planning.