| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 18th | Poor |
| Demographics | 57th | Good |
| Amenities | 19th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 300 Silverleaf Rd, Sweeny, TX, 77480, US |
| Region / Metro | Sweeny |
| Year of Construction | 2000 |
| Units | 44 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
300 Silverleaf Rd, Sweeny TX Multifamily Investment
Built in 2000, this 44-unit asset stands newer than much of the local stock and is positioned for durable workforce demand in a rural submarket, according to WDSuite’s CRE market data. The surrounding renter base is modest but projected to expand within a 3-mile radius, supporting a patient, operations-focused strategy.
Sited in Sweeny within the Houston-The Woodlands-Sugar Land metro, the neighborhood is classified as Rural and carries a C- rating (ranked 1,275 of 1,491). That places it below the metro median overall, signaling an execution that should prioritize cost control and conservative lease-up assumptions rather than outsized rent growth.
The property’s 2000 vintage is newer than the neighborhood’s average construction year of 1968. For investors, this typically means relatively competitive positioning versus older stock, with potential to capture demand through light modernization and systems updates as the asset approaches its mid-life cycle.
Neighborhood renter demand indicators are mixed. Neighborhood occupancy (not the property) trends below many Houston peers and has softened in recent years, suggesting emphasis on tenant retention and disciplined underwriting. Within a 3-mile radius, renter-occupied housing represents a minority share of units, pointing to a thinner but steady tenant base; forward projections indicate a larger household count and a broader renter pool over the next five years, which can support occupancy stability.
Amenities are limited locally (amenities rank 1,047 out of 1,491), consistent with a rural setting. Home values sit on the lower end nationally, which can create competition from entry-level ownership and single-family rentals; however, relatively accessible rent levels can aid lease retention and reduce move-out friction. The area demonstrated strong employment stability through the pandemic period (top of the metro and top quartile nationally by WDSuite’s resilience measures), which supports a view of steady workforce housing fundamentals.
Neighborhood-level crime metrics are not available in the dataset provided for this location. Investors typically compare multi-year, neighborhood and city benchmarks to evaluate trend and relative position; local law enforcement reports and insurer data can help validate on-the-ground conditions and underwriting assumptions. Use submarket-level context rather than block-level conclusions to avoid overgeneralization.
Regional employment access is driven by Greater Houston corporate and industrial nodes. While most daily demand will be local, proximity to larger employers can support leasing from commuters seeking more accessible housing costs. Notable nearby employers include Texas Instruments and Dish Network.
- Texas Instruments — semiconductor offices (36.8 miles)
- Dish Network — telecommunications offices (37.1 miles)
This 44-unit, 2000-built asset offers relative vintage advantage versus older neighborhood stock, with scope for value-oriented upgrades to drive retention and modest rent lift. Within 3 miles, population and households are projected to increase, implying a larger tenant base and potential support for occupancy stability over a longer hold. According to CRE market data from WDSuite, the broader neighborhood shows limited amenities and below-median occupancy versus metro peers, so disciplined operations and conservative underwriting are key.
Home values in the area trend lower on a national basis, which can introduce competition from ownership options; however, accessible rent levels and a mid-life physical plant create a practical platform for targeted unit renovations and common-area improvements. Average unit sizes around 1,036 sq. ft. provide flexibility for family renters and can aid lease retention.
- Newer vintage (2000) versus local stock supports competitive positioning and light value-add execution
- 3-mile demographics point to growth in households and a larger renter pool over the next five years
- Spacious average unit sizes (~1,036 sq. ft.) align with family renter demand and retention
- Operations-focused strategy warranted given neighborhood occupancy trending below metro medians
- Risk: lower-cost ownership alternatives can compete with rentals; focus on renovation quality and service to sustain pricing power