| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 43rd | Poor |
| Demographics | 36th | Fair |
| Amenities | 21st | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 431 Lamar St, West Columbia, TX, 77486, US |
| Region / Metro | West Columbia |
| Year of Construction | 1986 |
| Units | 56 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
431 Lamar St, West Columbia TX Multifamily Investment
Neighborhood occupancy trends are modestly above the metro median, pointing to steady renter absorption according to WDSuite’s CRE market data. With an attainable rent profile relative to local incomes, the asset’s demand story leans on retention and leasing stability rather than aggressive rent pushes.
This rural West Columbia neighborhood offers a quieter setting with essential services nearby and limited lifestyle retail density. Amenity depth is lighter than most areas, while pharmacy access rates in the top quartile nationally, which supports day‑to‑day convenience for residents. Dining availability is competitive versus national averages, but cafes, parks, and grocery options are comparatively sparse, so car‑oriented living is the norm.
From an investment perspective, neighborhood multifamily occupancy sits above the metro median, signaling resilient renter demand even with a smaller renter pool. The neighborhood’s rent‑to‑income ratio places it among the stronger affordability cohorts nationally, suggesting lower payment pressure that can support lease retention and reduce turnover risk, though it may temper near‑term pricing power.
The property was built in 1986, newer than the neighborhood’s average vintage from the late 1970s. That positioning can be competitive against older stock, while investors should still plan for aging systems and targeted modernization to maintain leasing relevance.
Demographic statistics aggregated within a 3‑mile radius show recent population and household growth, expanding the local tenant base. Forecasts point to continued increases in households alongside slightly smaller average household sizes, which can support multifamily demand depth and occupancy stability.
Comparable, property‑level safety figures are not available here, and neighborhood crime metrics were not reported in this dataset. Investors typically benchmark conditions against nearby submarkets and metro trends, and evaluate on‑site factors such as lighting, access control, and management practices as part of diligence.
Where reported, WDSuite’s neighborhood‑level safety data are interpreted in relative terms (e.g., performance versus metro and national cohorts). For this location, we recommend pairing regional trend reviews with recent incident logs and insurer or lender reports to establish an up‑to‑date, objective view.
- Texas Instruments — semiconductors (29.5 miles)
- Dish Network — telecommunications (30.6 miles)
- National Oilwell Varco Employees CU — financial services (37.6 miles)
- National Oilwell Varco — energy equipment (37.7 miles) — HQ
- Abm SSC — facility services (37.7 miles)
431 Lamar St offers a 56‑unit footprint with smaller average floor plans, aligning with workforce renters seeking attainable pricing. Neighborhood occupancy trends sit above the metro median, a constructive read on demand stability, while rents remain relatively manageable versus incomes, supporting retention and collections. The 1986 vintage is newer than the local average, providing a competitive edge over older stock, though selective capital for systems and interiors may be prudent to sustain leasing velocity.
Population and household growth within a 3‑mile radius expands the prospective renter pool, and proximity to the broader Houston employment base underpins commuter demand. According to commercial real estate analysis from WDSuite, the area’s affordability profile favors consistent absorption but may limit outsized rent growth, making an operationally disciplined, value‑focused strategy more compelling than aggressive mark‑to‑market plays.
- Above‑median neighborhood occupancy supports steady leasing and revenue visibility
- Attainable rents relative to incomes bolster retention and reduce turnover risk
- 1986 vintage is competitive versus older local stock with targeted value‑add potential
- 3‑mile population and household growth enlarges the tenant base for smaller units
- Risk: lighter neighborhood amenities and strong affordability may temper rent‑growth upside