Market Research Report: 1210 ENGLISH HOLLOW DR
Background
Company Overview
1210 ENGLISH HOLLOW DR is a residential property located in Irving, Texas. The property comprises a duplex with two units, each featuring three bedrooms and two and a half bathrooms, totaling 3,004 square feet. Built in 1984, the duplex has been updated with new paint, appliances, flooring, and fixtures. Unit 1208 is currently rented for $2,400 per month, while Unit 1210 rents for $2,300 per month. Tenants are responsible for their own water and electricity bills, while the owner covers pest control and lawn care services. The property is situated on a 0.30-acre lot in the 75061 zip code area of Irving, Texas.
Mission and Vision
As a residential property, 1210 ENGLISH HOLLOW DR's mission is to provide quality housing options to tenants in the Irving area. The vision is to maintain and enhance the property's value through regular updates and effective property management, ensuring a comfortable living environment for residents.
Primary Area of Focus
The primary focus of 1210 ENGLISH HOLLOW DR is to offer well-maintained rental units that meet the needs of individuals and families seeking housing in Irving, Texas.
Industry Significance
In the context of the real estate industry, 1210 ENGLISH HOLLOW DR contributes to the local housing market by providing rental opportunities in a growing suburban area. The property's location in Irving, a city known for its economic development and proximity to major employment centers, makes it a valuable asset in the residential rental market.
Key Strategic Focus
Core Objectives
- Property Maintenance and Upgrades: Regularly updating and maintaining the property to ensure it meets modern standards and remains attractive to potential tenants.
- Tenant Satisfaction: Providing a comfortable and well-maintained living environment to retain current tenants and attract new ones.
- Financial Performance: Achieving consistent rental income and maintaining the property's value through strategic management and improvements.
Specific Areas of Specialization
The property specializes in offering updated duplex units with amenities such as attached garages, private fenced yards, washer and dryer connections, and walk-in closets. These features cater to tenants seeking quality housing in the Irving area.
Key Technologies Utilized
While specific technologies are not detailed, the property has undergone significant capital expenditures, including exterior painting, installation of solar screens, and replacement of fencing and gates, indicating a commitment to modernizing and enhancing the property's infrastructure.
Primary Markets or Conditions Targeted
The primary market targeted includes individuals and families seeking rental housing in Irving, Texas, particularly those interested in updated duplex units with desirable amenities.
Financials and Funding
Funding History
Specific details regarding the funding history of 1210 ENGLISH HOLLOW DR are not publicly available.
Total Funds Raised
Information on the total funds raised for the property is not disclosed.
Recent Funding Rounds
There are no publicly available records of recent funding rounds for 1210 ENGLISH HOLLOW DR.
Notable Investors
Details about investors in the property are not publicly disclosed.
Intended Utilization of Capital
The capital invested in the property has been utilized for significant capital expenditures, including exterior painting, installation of solar screens, and replacement of fencing and gates, aimed at enhancing the property's appeal and value.
Pipeline Development
Key Pipeline Candidates
As a residential property, 1210 ENGLISH HOLLOW DR does not have a pipeline of products or services.
Stages of Development
The property is in the maintenance and management stage, focusing on tenant occupancy and property upkeep.
Target Conditions
The property targets the residential rental market in Irving, Texas, aiming to provide quality housing options to meet local demand.
Relevant Timelines for Anticipated Milestones
Specific timelines for future developments or milestones are not publicly available.
Technological Platform and Innovation
Proprietary Technologies
The property has implemented updates such as exterior painting, solar screens, and new fencing and gates, indicating a focus on enhancing the property's infrastructure and energy efficiency.
Significant Scientific Methods
There are no specific scientific methods or AI-driven capabilities associated with the property.
Leadership Team
Key Executive Profiles
As a residential property, 1210 ENGLISH HOLLOW DR does not have a traditional leadership team. Management and operational decisions are likely handled by property management professionals or the property owner.
Competitor Profile
Market Insights and Dynamics
The residential rental market in Irving, Texas, is characterized by a growing population and demand for quality housing. The area's proximity to major employment centers and amenities contributes to its appeal among renters.
Competitor Analysis
Competitors include other residential rental properties in Irving offering similar amenities and rental rates. Properties with updated features and well-maintained facilities are key competitors in attracting potential tenants.
Strategic Collaborations and Partnerships
Significant Collaborations
There are no publicly disclosed collaborations or partnerships associated with 1210 ENGLISH HOLLOW DR.
Operational Insights
Strategic Considerations
To maintain a competitive edge, 1210 ENGLISH HOLLOW DR focuses on property maintenance and tenant satisfaction. Regular updates and responsive management are essential in retaining tenants and ensuring consistent occupancy rates.
Strategic Opportunities and Future Directions
Strategic Roadmap
Future opportunities may include further property enhancements, exploring additional rental units, or expanding into other areas with similar market dynamics. Continued investment in property improvements and tenant services will be crucial for sustaining long-term success.
Contact Information
Official Website
Information regarding an official website for 1210 ENGLISH HOLLOW DR is not available.
Social Media Profiles
No social media profiles for the property are publicly available.
Headquarters Location
The property is located at 1210 English Hollow Drive, Irving, Texas 75061.
