| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 45th | Poor |
| Demographics | 39th | Fair |
| Amenities | 50th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 180 W Texaco Ave, West Columbia, TX, 77486, US |
| Region / Metro | West Columbia |
| Year of Construction | 1984 |
| Units | 36 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
180 W Texaco Ave West Columbia Multifamily Investment
In an owner-leaning pocket of West Columbia with steady renter demand, the neighborhood shows improving occupancy and household growth, according to WDSuite’s CRE market data. This positions a mid-1980s asset for durable leasing with measured rent upside while keeping a close eye on amenity depth and schools.
West Columbia’s neighborhood context is B- (801 out of 1,491 metro neighborhoods), indicating balanced fundamentals with selective strengths. Amenity access ranks in the top quartile among 1,491 metro neighborhoods, yet sits around the national middle by percentile, so day-to-day convenience is serviceable but not urban. Caf e9 density is thin locally, while grocery, parks, pharmacies, and childcare score around or modestly above national midpoints. Average school ratings trend below national norms, which can temper some family-driven demand.
Construction in the immediate area skews late 1970s on average, and the subject a0property’s 1984 vintage is slightly newer. For investors, mid-80s product can remain competitive versus older stock, with common capital planning centered on roofs, exteriors, and building systems modernization to meet current renter expectations.
Unit tenure signals an owner-leaning neighborhood (renter-occupied share around one-fifth). For multifamily operators, this typically implies a smaller but steadier renter base, with less direct competition from large rental clusters. Rent-to-income levels are moderate locally, supporting retention and measured pricing power rather than aggressive escalation.
Demographics aggregated within a 3-mile radius show population growth since the prior period and a notable increase in households, pointing to a larger tenant base over time. Projections indicate additional household expansion over the next five years and upward movement in median contract rents, which supports occupancy stability and rent growth potential for well-maintained assets, based on CRE market data from WDSuite. In a high-cost ownership cycle, this would translate into stronger pricing power; here, more accessible ownership options suggest focusing on value, service quality, and renewals to sustain performance.
Neighborhood crime metrics are not available in the current WDSuite dataset for this location. Investors typically contextualize safety by comparing multi-year trends against city and county reporting and by evaluating property-level measures (lighting, access control, visibility). In the absence of complete data, prudent underwriting uses conservative assumptions and emphasizes on-site operations and design that support resident comfort.
- Texas Instruments semiconductors (30.4 miles)
- Dish Network telecommunications (31.3 miles)
- National Oilwell Varco oilfield services (38.6 miles) HQ
- National Oilwell Varco Employees CU financial services (38.6 miles)
- Abm SSC facility services (38.7 miles)
The broader south-Houston employment base is reachable from West Columbia, supporting renter demand via diverse office and industrial roles. The employers below are representative of commutable opportunities that can aid leasing stability for workforce-oriented units.
The property at 180 W Texaco Ave offers a 1984 vintage in a neighborhood with improving occupancy and a growing household base. The area is owner-leaning, which typically yields a smaller but durable renter pool; in this context, consistent operations and selective upgrades can translate to stable tenancy. According to CRE market data from WDSuite, neighborhood rents sit around national midpoints with upward movement projected nearby, while rent-to-income levels suggest manageable affordability pressure that supports retention over aggressive rate hikes.
Relative to the metro, local amenity convenience is competitive (top quartile locally) but not dense, and school ratings run below national averages—considerations for marketing and leasing strategy. With ownership relatively accessible in this part of Brazoria County, competitive positioning should emphasize well-executed maintenance, value-oriented renovations, and service quality to sustain renewals and reduce turnover.
- Mid-1980s construction offers value-add via systems upgrades and interiors while remaining competitive versus older stock.
- Owner-leaning neighborhood supports a steady renter base and leasing stability with the right operations.
- Household growth within 3 miles and projected rent gains support sustained occupancy and measured rent growth.
- Competitive local amenities but lower school ratings and accessible ownership are headwinds that warrant conservative underwriting and focused tenant retention.