1516 Annex Avenue
For sale1516 Annex Avenue, Dallas, TX 75204
Dallas-Fort Worth-Arlington, TX
Dallas–Fort Worth–Arlington, commonly called DFW or the Metroplex, is a vast 11-county urban region in North Texas centered on Dallas and Fort Worth. Covering roughly 9,286 square miles, it blends prairie, rolling hills, lakes, major corporate centers, and rapidly growing suburbs. DFW is renowned as the economic and cultural hub of North Texas, a leading U.S. aviation gateway, a major sports market, and one of the nation’s fastest-growing metropolitan areas.
Recreational Delights
DFW offers an extensive mix of urban recreation and open-air escapes. White Rock Lake in Dallas supports kayaking, sailing, fishing, cycling, and scenic walking trails, while the Trinity River corridor provides opportunities for hiking, biking, wildlife viewing, and paddling. Cedar Hill State Park and Joe Pool Lake are popular for camping, boating, swimming, and fishing. Grapevine Lake and Lake Ray Hubbard add beaches, marinas, and water sports. Fort Worth’s Botanic Garden, the Fort Worth Nature Center and Refuge, and the urban parks along the Trinity River offer gardens, birding, hiking, and peaceful green space. Arlington’s entertainment district combines outdoor attractions with major sporting venues, while the region’s rolling prairies and ranch country create opportunities for golf, horseback riding, and weekend drives.
Culinary Scene
The Metroplex’s culinary identity reflects its international population and Texas heritage. Classic Texas barbecue, Tex-Mex, steak, Southern comfort food, and innovative Southwestern cooking anchor the scene, while Vietnamese, Indian, Korean, Chinese, Ethiopian, Mediterranean, and Latin American restaurants reflect DFW’s diverse communities. Dallas neighborhoods such as Deep Ellum, Bishop Arts District, Uptown, and Lower Greenville are known for restaurants, cafés, cocktail bars, and lively food halls. Plano, Richardson, Irving, and Carrollton offer particularly strong Asian and South Asian dining scenes, while Fort Worth’s Near Southside, West 7th, and Stockyards combine modern restaurants with historic Texas flavors. Arlington and Grapevine add destination dining, breweries, wineries, and eateries serving visitors to the area’s major attractions.
Demographics
- The supplied demographic profile lists 7,985,590 residents and a median age of 35.6, younger than the U.S. median of 38.9.
- Median household income is $90,275, exceeding the U.S. median of $80,734 and reflecting DFW’s broad corporate, technology, healthcare, and professional-services economy.
- The region is highly diverse: 2020 estimates identified about 42% non-Hispanic white, 16% Black, 8% Asian, and 29% Hispanic or Latino residents; 18.5% were foreign-born in 2020.
Population
7,985,590
Growth 2.28%
Households
2,891,725
Growth 2.33%
Median Age
35.6
US Median Age 38.9
Median Household Income
$90,275
US Median Household Income $80,734
Radius Metrics Highlights in 3-mile radius
179,805
Total population
98%
5 year population growth projection
97,697
Total households
$86,577
Per capita income
| 1 Mile | 3 Miles | 5 Miles | |
|---|---|---|---|
| Total population | 30,686 | 179,805 | 374,708 |
| 5 year projected total population | 74,454 | 356,005 | 781,189 |
| Total households | 17,175 | 97,697 | 181,646 |
| Current Median Household Income | $80,879 | $111,076 | $104,249 |
| 5 year projected median household income | $126,011 | $124,213 | $109,094 |
| Current Per Capita Income | $64,579 | $86,577 | $73,720 |
| 5 year projected per capita income | $119,350 | $115,355 | $87,636 |
| Median home value | $475,950 | $562,425 | $529,041 |
Sports
Football
Dallas Cowboys
Baseball
Texas Rangers
Basketball
Dallas Mavericks
Hockey
Dallas Stars
Education
University of Texas Southwestern Medical Center
Southern Methodist University
University of North Texas
Texas Christian University
Entertainment
Dallas Arts District, including the Winspear Opera House and Meyerson Symphony Center
Klyde Warren Park and the surrounding Downtown Dallas cultural district
Fort Worth Cultural District, including the Kimbell Art Museum and Modern Art Museum of Fort Worth
Arlington Entertainment District, including AT&T Stadium, Globe Life Field, and Globe Life Park-area attractions
Quality of Life
DFW combines strong employment prospects, relatively high household incomes, extensive amenities, major universities, and abundant housing choices across a large suburban and urban landscape. Residents benefit from world-class air connectivity, cultural institutions, professional sports, and varied recreation. Tradeoffs include hot summers, occasional severe weather, long commutes, car dependence in many suburbs, and uneven access to public transit outside core corridors.
2022 Population by age
6%
0-4 Years
21%
5-19 Years
7%
20-24 Years
29%
25-44 Years
24%
45-64 Years
12%
65+ Years
Employers
5%
Unemployment rate
Employment sectors
Health Care and Social Assistance
11.91%
Retail Trade
11.57%
Professional, Scientific, and Technical Services
10.29%
Manufacturing
9.54%
Educational Services
8.85%
Construction
8.45%
Finance and Insurance
7.69%
Transportation and Warehousing
7.05%
Accommodation and Food Services
6.8%
Administrative and Support and Waste Management Services
4.78%
Public Administration
3.01%
Wholesale Trade
2.71%
Real Estate and Rental and Leasing
2.36%
Information
2.19%
Other
2.81%