Why NXRT Stock is Still Cheap Despite Rising Interest Rates NexPoint Residential Trust (NXRT) has consistently been one of the fastest-growing residential real estate trusts over the past several years. However, investors have grown increasingly concerned regarding the company''s growth prospects, as rising rates could stress the residential real estate market. Still, with NexPoint''s growth trajectory remaining robust and management''s guidance appearing optimistic, I believe that the stock is cheaply valued against its future. I am bullish on the stock. What Does NXRT Stock Do? NexPoint Residential Trust specializes in acquiring, owning, and managing middle-income multifamily properties. The company secures these properties in areas that are excellent for families, mainly in the Southeastern and Southwestern United States.