The Residences at Oakwood Park

4200 Oakwood Park Drive, Frisco, TX 75034

You uploaded
rent_roll.xlsx
ABCD
1UnitTenantSFRent
2A-101Jessica Tran500$1,050
3A-205Vacant500-
4B-112Marcus Williams650$1,200
5B-204Sarah & David Patel700$1,350
6B-310Tyler Brooks650$1,225
... 7 more rows
We extracted
240
Total Units
99%
Occupancy
$1,405
Avg Rent
$14,050
Gross Monthly
Unit TypeCountAvg SFIn-PlaceVacant
Studio48500$1,0502
1 BR / 1 BA96675$1,2754
2 BR / 2 BA72950$1,6253
3 BR / 2 BA241,200$1,9501
Financials
Gross Rental Income$3,744,000
Other Income+$312,000
Vacancy Loss (5.0%)($187,200)
Effective Gross Income$3,868,800
Total Expenses($1,539,752)
Net Operating Income$2,329,048
$2,329,048
NOI
4.44%
Cap Rate
$218,750
Price / Unit
$282/SF
Price / SF
You entered

4200 Oakwood Park Drive

Frisco, TX 75034

We discovered
Demographics
78,432
Population
Census
$128,500
Median Income
Census
3.1%
Unemployment
Census
58.3%
Bachelor's+
Census
$485,000
Median Home Value
Census
$1,650
Median Gross Rent
Census
Accessibility
42
Walk Score
Car-Dependent
25
Transit
Minimal Transit
38
Bike
Bikeable with Some Infrastructure
Rent Comps
PropertyUnits1BR2BRDist
The Preserve at Stonebriar312$1,385$1,7950.4 mi
Encore at Grayhawk248$1,420$1,8500.7 mi
Elan Crockett Row196$1,350$1,7101.2 mi
RentCast API
Sale Comps
PropertyUnitsPrice$/UnitDate
Alexan Stonebriar280$58.8M$210KNov 2025
The Tribute at Heritage192$39.4M$205KAug 2025
Villas at Legacy West344$78.2M$227KMar 2025
RentCast API
Market Trends
+3.2% YoY
Rent Growth
5.8%
Vacancy Rate
34 days
Avg Days on Market
$215K/unit
Median Sale Price
Property Details
8.5 acres
Lot Size
$41.2M
Tax Assessment
$38.4M (2019)
Last Sale
You noted

Value-add opportunity - 72 of 240 units renovated at $12,500/unit achieving $175/mo premium. 168 units remaining. RUBS income at $85/unit/mo. Amenities: pool, fitness center, dog park, EV charging. Gated community near PGA HQ, Dallas Cowboys Star complex, and $10.5B Fields development.

The Narrative We Built

Using your rent roll, address data, demographics, and broker notes - AI generated the following

Executive Summary

The Residences at Oakwood Park is a 240-unit, Class B+ multifamily community in Frisco, Texas - one of the fastest-growing and most affluent suburbs in the Dallas-Fort Worth metroplex. Offered at $52,500,000 ($218,750 per unit), the property generates approximately $2,508,000 in Net Operating Income at a 4.8% capitalization rate on current income, with additional upside through continuation of an in-place renovation program and further optimization of ancillary revenue streams. The value-add thesis is well-supported by early execution. ...

Investment Highlights
  • 1240-unit, Class B+ multifamily community in Frisco, TX - one of the top-performing suburban markets in the DFW metroplex, with population growth exceeding 3% annually and median household income above $145,000
  • 2Proven value-add program: 72 of 240 units renovated at $12,500/unit, achieving $175/unit monthly rent premium (16.8% ROI on renovation capital) with 168 units remaining for the next owner
  • 3Strong in-place ancillary revenue: RUBS program generating $85/unit/month ($244,800 annually), plus pet income, parking premiums, storage rentals, and application/admin fees totaling $312,000 in other income
  • 4Institutional-quality amenity package refreshed in 2023: resort-style pool, 24-hour fitness center, renovated clubhouse with coworking space, fenced dog park, package lockers, and EV charging stations
  • 5Gated community on 8.5 acres with 480 parking spaces (2.0 per unit ratio), covered parking options, and on-site storage units providing additional income streams
  • 6Well-staggered lease expirations across all twelve months, reducing rollover concentration risk and providing consistent mark-to-market opportunities throughout the year
  • 7Frisco growth corridor location minutes from PGA headquarters, the Star (Dallas Cowboys), and the $10.5 billion Fields development - major demand drivers for rental housing
  • 8Below-replacement-cost basis at $218,750/unit versus new construction costs of $275,000-$325,000/unit in the Frisco submarket, providing a margin of safety and limiting competitive new supply impact
Market Overview

The Dallas-Fort Worth multifamily market is one of the largest and most active in the United States, with a total inventory exceeding 900,000 units across the metro area. DFW has led the nation in population growth for multiple consecutive years, adding more than 150,000 new residents annually, which sustains baseline demand for approximately 25,000-30,000 new apartment units per year. Despite elevated new supply deliveries in 2024-2025, metro-wide occupancy has remained above 92% and effective rent growth has averaged 2.8% annually over the past three years. ...

Location Overview

The Residences at Oakwood Park is located along Oakwood Park Drive in Frisco, Texas, approximately 30 miles north of downtown Dallas in Collin County. Frisco sits at the intersection of the Dallas North Tollway and State Highway 121, providing residents with direct access to major employment corridors throughout the DFW metroplex. The property is minutes from the city's primary retail, dining, and entertainment destinations, including Stonebriar Centre, The Star (the Dallas Cowboys' world headquarters and mixed-use district), and the rapidly expanding $10.5 billion Fields development. ...