| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 53rd | Fair |
| Demographics | 30th | Poor |
| Amenities | 0th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1000 W Ashley Wilson Rd, Sweeny, TX, 77480, US |
| Region / Metro | Sweeny |
| Year of Construction | 1981 |
| Units | 96 |
| Transaction Date | 2011-02-25 |
| Transaction Price | $1,250,000 |
| Buyer | AVANA VILLAS LLC |
| Seller | OAK BEND HOLDINGS LLC |
1000 W Ashley Wilson Rd, Sweeny TX — 96-Unit Multifamily
Neighborhood renter-occupied share is high for the metro, signaling a sizable tenant base and durable leasing, according to WDSuite’s CRE market data.
Located in Sweeny within the Houston–The Woodlands–Sugar Land metro, the area skews suburban and car-dependent with limited nearby retail and services. That dynamic places more weight on on-site amenities and property management to support retention.
The neighborhood’s share of housing units that are renter-occupied sits in the top quartile among 1,491 metro neighborhoods, indicating depth in the renter pool and potential support for leasing stability. Overall occupancy trends are around the metro midrange, which suggests steady demand without outsized volatility based on commercial real estate analysis from WDSuite.
Vintage matters: the property was built in 1981, newer than the neighborhood’s average construction year. That positioning can be competitively favorable versus older stock, while investors should still plan for typical system updates and selective modernization over a hold period.
Within a 3-mile radius, recent population and household growth broaden the tenant base, and forward-looking projections point to continued expansion — factors that can support occupancy stability and leasing velocity. Average school ratings in the area are roughly around the national middle, adding a neutral influence on family-oriented demand.
Ownership costs in the area are moderate by national standards. This can introduce some competition from entry-level ownership, but rent-to-income levels suggest manageable affordability pressures, which can aid lease retention and reduce turnover risk.
Comparable, property-specific safety statistics are not available for this neighborhood in WDSuite’s dataset. Investors typically benchmark local conditions against city and county trends and weigh on-site measures (lighting, access control) and management practices when underwriting occupancy durability and expense variability.
- Texas Instruments — semiconductor offices (37.2 miles)
- Dish Network — telecom services offices (38.6 miles)
Major employment centers within a broader commuting shed help underpin renter demand, with access to regional corporate offices supporting workforce housing dynamics.
This 96‑unit asset offers exposure to a suburban renter base with a high neighborhood renter-occupied share and occupancy that tracks near the metro middle. The 1981 vintage is newer than average locally, positioning the property competitively versus older stock while leaving room for targeted upgrades to elevate rents and retention. According to CRE market data from WDSuite, expanding population and households within a 3‑mile radius support a larger tenant base and reinforce leasing stability.
Key considerations include the car‑dependent setting and average local school performance, which put a premium on on‑site amenity strategy and management execution. Regional job access is oriented toward broader Houston employment nodes, so underwriting should reflect commuting patterns and the importance of value positioning to sustain demand.
- High neighborhood renter concentration supports depth of demand and leasing stability.
- 1981 construction is newer than local average, with value‑add potential via selective modernization.
- Population and household growth within 3 miles expand the tenant base and support occupancy.
- Moderate ownership costs imply some competition from entry‑level ownership; focus on value positioning and retention.
- Car‑dependent location and distance to major job hubs require amenity and operations strategy to mitigate leasing risk.