| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 49th | Poor |
| Demographics | 47th | Fair |
| Amenities | 22nd | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 7050 John T White Rd, Fort Worth, TX, 76120, US |
| Region / Metro | Fort Worth |
| Year of Construction | 1985 |
| Units | 76 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
7050 John T White Rd Fort Worth Multifamily Opportunity
Neighborhood occupancy is 92.3%, supporting steady leasing fundamentals for a 76-unit asset, according to WDSuite’s CRE market data. Rents in this inner-suburb location trend toward attainable levels, aiding tenant retention.
Situated in an inner-suburban pocket of Fort Worth, the neighborhood posts a C rating and ranks 408 of 561 metro neighborhoods, indicating mid-pack positioning within the Fort Worth–Arlington–Grapevine region. Restaurant density sits near the metro middle (rank 327 of 561), while cafes and groceries are sparse locally, suggesting residents rely on nearby corridors for daily conveniences. Childcare availability is a relative bright spot, with counts landing in higher national percentiles, which can benefit working households.
Median contract rent in the neighborhood is $1,060 with a rent-to-income ratio around 0.16, pointing to lower affordability pressure and potential lease stability. The median home value is $227,900; in a high-cost ownership market, renters often remain in apartments longer, but here pricing is more accessible, so operators should balance rent growth with retention to limit competition from ownership alternatives.
Vintage dynamics matter for competitiveness. The average neighborhood construction year is 1977, while the property was built in 1985, giving it a modest age advantage versus much of the local stock. Investors can expect typical 1980s systems and finishes; targeted renovations and modernization can enhance positioning against older comparables while planning for ongoing capital needs.
Tenure patterns indicate depth in the renter base: 42.1% of housing units are renter-occupied in the neighborhood, supporting multifamily demand. Within a 3-mile radius, population grew about 5% over the last five years and households rose about 6%, with projections to 2028 indicating further renter pool expansion as households are forecast to increase roughly 30%. These dynamics support occupancy stability and leasing velocity, based on CRE market data from WDSuite.
Safety metrics for the neighborhood are mixed versus broader benchmarks. The area ranks 284 out of 561 Fort Worth–area neighborhoods for overall crime, placing it below the metro median and below the national middle. Nationally, recent readings sit in the lower percentiles for both violent and property offenses, signaling elevated risk compared to many U.S. neighborhoods.
Trend-wise, estimated property offense rates declined sharply year over year (top-quartile improvement nationally), which is a constructive signal for operators monitoring exposure. Given variability across blocks and cycles, investors typically underwrite with prudent security measures and active property management to support resident retention.
Proximity to established corporate employers underpins a diversified commuter tenant base and supports leasing durability. Nearby nodes include homebuilding, airlines, and diversified manufacturing/healthcare services reflected below.
- D.R. Horton — homebuilding HQ (7.4 miles) — HQ
- American Airlines Group — airline HQ (9.9 miles) — HQ
- Ball Metal Beverage Packaging — packaging manufacturing (10.2 miles)
- Express Scripts — pharmacy benefit services (10.3 miles)
- Parker Hannifin Corporation — industrial components (11.3 miles)
This 76-unit asset built in 1985 benefits from neighborhood occupancy of 92.3% and attainable rent levels that help sustain tenant retention. The property’s vintage is newer than the local average (1977), offering a competitive edge versus older stock while leaving room for value-add through interior updates, common-area improvements, and systems modernization. Within a 3-mile radius, recent population and household growth, alongside a forecasted increase in households through 2028, point to a larger tenant base and support for stable leasing. According to CRE market data from WDSuite, the area’s rent-to-income profile suggests manageable affordability pressure, which can aid renewal capture.
Counterpoints include thinner on-block amenities and safety metrics that trail national averages, which argue for measured underwriting and active management. Still, proximity to major employers and a broad commuter shed position the asset to participate in steady demand from workforce renters.
- 1985 construction offers relative competitiveness versus older neighborhood stock with value-add potential
- Neighborhood occupancy of 92.3% and attainable rents support stable leasing and renewals
- 3-mile population and household growth, with further increases forecast through 2028, expand the renter pool
- Diversified nearby employers bolster demand from commuting renters
- Risks: below-average safety metrics and limited immediate amenities require prudent operations and capex planning