Trophy Multifamily Investment Opportunity in Keller ISD

INVESTMENT HIGHLIGHTS 

• STRONG BARRIERS TO ENTRY IN KELLER

  The Lyric is in Keller, which hadn’t zoned a multifamily project for 10 years prior. The political barriers, highly rated schools, and exceptional income demographics create a unique opportunity for future rent growth.

• KELLER HH INCOME RANKED IN THE TOP 10 IN DFW ALONG WITH 4 OF ITS NEIGHBORS

  Keller’s zip code ranks in the top 10 cities in DFW by median household income at $161,383, which is nearly double the DFW average. Neighboring cities Southlake/Westlake, Colleyville, and Flower Mound are all in the top 10 with Southlake/ Westlake #1.

• LYRIC AVERAGE HH INCOME TOPS $185,000

  Consistent with the location, The Lyric average household income averages approximately $188,000 for current residents.

• VERY HIGHLY RATED SCHOOLS IN KELLER ISD

  With an overall Niche grade of A, the Keller Independent School District is one of the dop districts in DFW and a major factor in attracting residents to the city. Lyric is in the attendance zone for the most highly rated schools in the district.

• NEW PREEMINENT LUXURY COMMUNITY

  This brand new community offers the latest contemporary finishes that include french door refrigerators, wine refrigerators, prep islands in the kitchen, and high tech features among many other unit amenities. The common areas are state of the art and include an outdoor kitchen and terrace, yoga lawn, entertainment community kitchen, conference spaces, and on site retail that includes restaurants and other lifestyle perks.

• MAJOR EMPLOYMENT CENTERS NEARBY

  • Lyric at Keller Center Stage is an easy commute to Downtown Fort Worth, DFW Airport, or Dallas and is surrounded by major job centers and employers including:
    Alliance Texas is a 27,000 acre master-planned, mixed-use community that is the catalyst driving North Fort Worth’s tremendous economic growth. Anchored by the airport and multi-modal inland port known as the Alliance Global Logistics Hub, the development is home to more than 530 companies and over 63,000 employees.
  • Charles Schwab HQ Relocation – The company has relocated its headquarters from San Francisco to North Fort Worth. It has occupied the new campus and already has over 2,500 employees at the location.
  • Fidelity Investments has a campus style office park just a little over 10 miles away spread across 337-acre site housing over 6,700 employees.
  • Other institutions calling North Fort Worth home include Wells Fargo, TD Ameritrade, and Deloitte.

• RETAIL PROVIDES WALKABLE RESIDENT BENEFITS

  Current tenants include veterinary clinic and pet store, dentist office, donut shop, boxing fitness gym, and pizza shop; all wonderfully walkable on site for residents. The retail space is currently 100% leased.

LOCATION