3711 S STATE HWY 161, GRAND PRAIRIE (DALLAS CO), TX
$57,394,890
2025 Appraised Value
↑ 24.3% from prior year
The property's $57.4M valuation ($156.8K/unit) reflects strong post-delivery appreciation, but recent operational deterioration and location constraints present material acquisition risk. Arden at Midtown captures affluent urban renters within its 1-mile core ($86.6K median HHI, 39.2% renter concentration), though the income distribution cliff at 5 miles and minimal renter depth beyond 3 miles signal vulnerability to supply competition and limited demand cushion if market softens. Google review collapse (4.5→3.3 rating over six months) reveals systemic operational failures—HVAC control defects, lease misrepresentation, management accountability gaps—that directly threaten resident retention and warrant intensive operational due diligence. Class B+ asset quality and zero near-term supply pipeline provide stability, but the car-dependent location (Walk Score 11) creates a fundamental positioning mismatch: rent assumptions likely assume urban-core tenant profiles this Grand Prairie suburb cannot deliver, risking basis assumptions. Recommend watch-list pending resolution of operational issues and rent validation against comparable car-dependent suburban assets; elevated operational risk and location positioning constraints disqualify from immediate acquisition consideration.
No notes yet
Arden at Midtown GP positions as a strong Class B+ asset with minimal value-add opportunity. The 2022 construction combined with 2018-2022 era renovations across 11 of 17 photos yields consistent modern finishes: quartz countertops, dark slab cabinetry, stainless steel appliances, and recessed lighting throughout. Only 1 of 17 photos flagged poor condition, with 15 rated good-to-excellent, indicating well-maintained units and common areas. Amenity quality aligns with class—contemporary fitness center with design-forward lighting and outdoor entertainment amenities suggest this property targets higher-income renters. The primary risk is homogeneity; with no evidence of pre-2017 units or material deferred maintenance, near-term rent growth depends on market conditions rather than physical repositioning, limiting typical PE value-add thesis.
/ ·
This photo was not identified as property-related.
No AI analysis available for this photo.
No notes yet
Location severely constrains value creation. A Walk Score of 11 places Arden at Midtown in a car-dependent suburb where tenants have minimal access to walkable amenities—problematic for a 366-unit asset that cannot command density or transit-oriented premiums. The absence of transit data combined with a Bike Score of 27 suggests minimal last-mile connectivity, likely limiting appeal to younger, transit-dependent cohorts and increasing tenant reliance on personal vehicles. Without rent data, the risk is unclear, but a car-dependent profile in Grand Prairie typically supports workforce/value-add positioning rather than premium pricing—underwriting should verify the underwritten rent assumptions don't assume urban-core tenant profiles that this location cannot deliver.
No notes yet
Construction Pipeline: Zero near-term supply pressure. The 0.0% pipeline-to-inventory ratio indicates no active construction within the competitive set, eliminating the typical headwind to rent growth during market softness. Without granular submarket vacancy trend data, occupancy upside depends entirely on organic demand absorption rather than supply dynamics.
No multifamily construction permits found within 3 miles
No notes yet
No notes yet
Estimated from loan records, rental listings, and appraisal data using industry-standard assumptions.
Computed from nearby properties within 3 miles of similar vintage
No notes yet
Arden at Midtown GP is a 366-unit, four-story mid-rise apartment complex built in 2022 with wood-frame construction and brick exterior located in Grand Prairie, Dallas County. The property totals 478.1K SF gross building area with 314.2K SF net leasable area and carries average quality and good condition ratings. Parking type and amenity details are not documented in available records. The location scores 11 on Walk Score, reflecting car-dependent positioning typical of suburban Dallas markets.
No notes yet
| Unit | Beds | Baths | Sqft | Rent | Status | Listed | Days |
|---|---|---|---|---|---|---|---|
| #2119 | 1BR | 1 | 871 | — | Inactive | Mar 25 | — |
| #4106 | 1BR | 1 | 896 | — | Inactive | Mar 25 | — |
| #4119 | 1BR | 1 | 659 | — | Inactive | Mar 25 | — |
| #1107 | 1BR | 1 | 659 | — | Inactive | Mar 25 | — |
| #4110 | 1BR | 1 | 744 | — | Inactive | Mar 25 | — |
| #2118 | 1BR | 1 | 952 | — | Inactive | Mar 25 | — |
| #3118 | 1BR | 1 | 915 | — | Inactive | Mar 25 | — |
| #1109 | 1BR | 1 | 790 | — | Inactive | Mar 25 | — |
No notes yet
The 1-mile core ($86.6K median HHI, 39.2% renter) materially outperforms the 5-mile radius ($72.9K, 46.2% renter), indicating the property captures affluent urban renters rather than relying on workforce demand—a favorable positioning but one vulnerable to supply competition in the submarket. Income distribution tightens dramatically moving outward: the 1-mile radius shows 39.4% of households earning $100K+, versus 30.7% at 5 miles, suggesting limited downside demand cushion if rents compress. Affordability ratios are compressed (26.0% at 1-mile, 26.3% at 5-mile), meaning rent consumes a quarter of median income—sustainable given the income skew but tight relative to 30% industry benchmarks for risk mitigation. The 44.7% renter concentration at 3 miles signals depth beyond the urban core, though the income cliff at the 5-mile boundary suggests this property trades on location scarcity rather than broad demographic tailwinds.
Source: US Census ACS 5-Year Estimates (2023) · 3 tracts (1mi)
No notes yet
No notes yet
No notes yet
The property has appreciated 24.3% year-over-year to $57.4M, translating to $156.8K per unit—a strong valuation for a newly stabilized 2022 asset. Land represents only 7.1% of appraised value, typical for modern garden-style construction where improvement value dominates. With just one appraisal in the dataset, trend direction cannot be assessed; prior-year comparables are needed to validate whether this appreciation reflects genuine market strength or post-delivery value normalization.
| Year | Total Value | Change |
|---|---|---|
| 2025 | $57,394,890 | +24.3% |
No notes yet
Rating deterioration signals management/operational breakdown. The 1.2-point collapse in six-month average rating (4.5 to 3.3) masks a stark bimodal distribution: 98 five-star reviews cluster heavily in August (leasing/event staff performance) while 25 one-star reviews concentrate in recent months (December, October, September) citing lease term misrepresentation, HVAC/air quality defects, and management accountability failures. The negative reviews target systemic issues—shared HVAC reducing unit control, contract enforcement inconsistency—rather than isolated incidents, suggesting operational controls have degraded post-occupancy. Leasing execution remains strong, but resident experience and management follow-through undermine long-term retention and warrant operational due diligence before acquisition.
124 reviews total
1. Before I moved in I was told I could pro rate my rent throughout my term for the promotion they had going on. After signing and getting keys was told by management I couldn’t pro rate rent and was belittled. This lady literally called both agents into her office and tried to make me look stupid when I know what I was told (mind you I have a whole Masters degree). I am NOT stupid. 2. Upon arriving to my apartment my air wasn’t working and they had multiple fans connected to my electricity. I could not stay there with a 6 month old and was told I would get a gift card received from management and NEVER received it. 3. I had a nail protruding from the wall that wasn’t safe with a 6 month old baby and it took weeks before it was fixed. Staff was super rude about the entire situation like it was my fault. 4. I loved the area but not the office staff. I worked in customer service for 15+ years and their customer service isn’t acceptable. They will put on a front to sign the lease and then become rude and entitled. Over my years of renting I never had to deal with office staff being rude. I literally avoided going to the office because I knew I would go off on someone if I did.
Owner response · Dec 2025
Thank you for taking the time to share your experience. We are truly sorry to hear that your move-in and overall interactions did not meet the level of service we strive to provide. We take concerns regarding communication, professionalism, and respect very seriously. It is never our intention for a resident to feel belittled, dismissed, or uncomfortable when seeking clarification, and we sincerely apologize if any interaction made you feel that way. We also regret the confusion surrounding the promotion and rent terms, as clear and accurate communication is essential. Additionally, we apologize for the maintenance and move-in issues you experienced, especially given the circumstances of having a young child. Delays in addressing safety concerns, HVAC issues, and follow-up commitments—such as the gift card you were advised about—are not acceptable and do not reflect our standards. Your feedback regarding staff interactions and responsiveness is concerning and has been noted for internal review and additional training.
I walked in not expecting the amazing service provided by the nice lady named Eliza. She was friendly, knowledgeable, and made the whole experience feel easy and comfortable. She took the time to answer my questions and explained everything clearly without rushing. Overall, it was a really positive experience, and I’d definitely recommend working with her if you’re apartment hunting.
Owner response · Dec 2025
Thank you for sharing your positive experience. We're delighted to hear that Eliza provided such exceptional service and made your visit comfortable and informative. We appreciate your recommendation and look forward to welcoming more residents to our community.
1). Beware. This is a smoking property and you do not get your own HVAC system inside of your apartment. Not having your own HVAC unit inside your apartment affects the air quality and allows all scents and fumes from other apartments from coming into your apartment, which makes it toxic. Because I had to share the HVAC system with the entire building (or those around me), I was inundated with the scent and fumes from cigarettes, cigars, and marijuana EVERYDAY ALL DAY. Understand that the fumes are more toxic than the actual smoke; and since you don't have your own system, you can't request for them to change the filters. Regardless, this was fresh, toxicity day & night. They will lie, deny, and gaslight you, but I've had guests, neighbors, and the UPS and Amazon deliveres come in and smell it too. Some of my guests had to leave and some had to sit on the balcony when they visited because of the fumes. It's horrible. Your hair, clothes, and furniture will stink and your lungs will be on fire day and night. 2). Know your rights because they lie and deceive. For example, you won't know about a move-out carpet shampooing fee until you are in the middle of signing your lease electronically, can't skip pages, and it will be too late to back down because you have already packed and given notice to move. This is unlawful and you should report it to the Texas Tenants Union if it happens to you anywhere, especially if you asked, "Are there any other fees or charges that I need to know about?" during my tour of the property and they didn't mention it. 3). Other struggles: Electricity goes out at least monthly, and sometimes for HOURS, which can cause your food to spoil. Thin and poorly insulated walls and widows. It will feel like a window is open in the winter and your electric bill will double in the summer. Pet was either left on the stairs, sidewalks, elevator, and hallways monthly or the smell of it because it was not properly cleaned by the pet-owner. Regarding plumbing, you get around three cups of water in your toilet, so you will always be cleaning and flushing more when you do #2. It sounded like water is running in between the walls without piping, there are patched-up walls and ceilings showing issues, and the water sometimes wreaks of rotted eggs. Most maintenance has no clue. I wish I could go into detail. The property is already shifting causing the building to lean and the parking lot to pool when it rains. Parking is horrible. Visitors seem to get to park anywhere they want, leaving the guest to have to park far away. You have to use your keyfob at least TWO times to get into your home. Imagine hauling groceries, babies, and other items and making multiple trips. Imagine direct-door deliveries. It's so unnecessary and doesn't provide any extra security. Suggestion: Try not to accept any move-in special or renewal special b/c they are going to get much of it back when you vacate. The appliances, fixtures, and paint-job are cheap, so make sure you go into detail on your move-in inventory form, submit it electronically, and have evidence of all communication and submissions. Email and their portal is your witness. There was no ceiling fan in the livingroom. Can you believe it? The place where most people are in the most during the day. The temperature was never balanced and we ended up using more electricity to heat and cool the place b/c of no ceiling fan. The place is unusually dusty. I've taken photos of how thick the dust is inside even though I cleaned weekly. I think they need to clean their ducts and HVAC system more often. Communication is horrible. I didn't talk to staff much but they would never reply by email or call when I didn, even after they gave me their card or email address. But when you go in-person, they don't deny receiving your email and call. I waited about 3-4 months after moving before giving this review for fear of retaliation (by charges, rental reference, credit record, etc.). You deserve better.
Owner response · Dec 2025
Thank you for taking the time to share your feedback. We were unable to locate an account under the name provided, so we encourage you to contact the office if your residency was under a different name so we can review your concerns directly. For clarification, each of our apartment homes has its own individual A/C system — no HVAC units are shared between apartments. Because crime has no ZIP code, we have a courtesy patrol team available after hours to assist residents, and we always encourage everyone to contact local authorities if immediate help is needed. We take concerns about smoke, maintenance, plumbing, parking, and customer service seriously. Anytime an issue is reported, our team works to address it as quickly and thoroughly as possible. Pet-waste violations and common-area cleanliness are also handled promptly when brought to our attention. While we cannot confirm many of the details mentioned, we appreciate your feedback and wish you the best in your future housing journey. If you would like to discuss anything further, our team is here to help.
Even though I have not moved in to this location yet my experience with Avri was amazing sell detailed excellent customer service definitely knows her job very well and does offer outstanding service the location the apartment complex itself looks amazing and their price is competitive until I am able to move I just want to Rave in regards to again the outstanding customer service that she provided and invite anyone to take a tour with her and check out this location
Owner response · Nov 2025
Thank you for sharing your positive experience with our team member, Avri. We're thrilled to hear that her excellent customer service and knowledge made a great impression. We appreciate your kind words about our community and competitive pricing. We look forward to welcoming you soon and encourage others to visit and explore what we have to offer.
I’ve lived here at the Arden for nearly 2 years and one of the biggest highlights has been the exceptional maintenance staff. They’re consistently responsive, professional, and genuinely care about the residents’ comfort and safety. I want to give special recognition to Annette Ramirez, who brings not only skill but heart to everything she does. Whether it’s a routine fix or an urgent issue, she handles it with efficiency, warmth, and a level of care that’s rare to find. Her presence has made this place feel more like home. It’s clear she takes pride in her work, and it shows in the way she treats both the property and the people who live here. She’s truly an asset to any community.
Owner response · Nov 2025
Thank you for sharing your positive experience at the Arden. We're thrilled to hear that our maintenance team, especially Annette Ramirez, has made such a meaningful impact on your time here. It's wonderful to know that her dedication and care have contributed to making the community feel like home. We appreciate your feedback and look forward to continuing to provide a comfortable and welcoming environment.
No notes yet
No notes yet