| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 45th | Poor |
| Demographics | 39th | Fair |
| Amenities | 50th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 710 Loggins Dr, West Columbia, TX, 77486, US |
| Region / Metro | West Columbia |
| Year of Construction | 1975 |
| Units | 67 |
| Transaction Date | 2019-05-09 |
| Transaction Price | $2,900,000 |
| Buyer | 710 LOGGIN APT LLC |
| Seller | 201 APARTMENTS LLC |
710 Loggins Dr, West Columbia Multifamily Investment
Neighborhood occupancy has trended upward in recent years while renter concentration remains modest, suggesting steady but selective tenant demand, according to WDSuite’s CRE market data.
This West Columbia location sits within the Houston–The Woodlands–Sugar Land metro and reflects small-town living with access to regional employers. The neighborhood’s amenities profile is competitive for daily needs: grocery and pharmacy access track above national midpoints, while cafes are sparse—more in line with a rural setting. Amenities performance is strong enough to be considered top quartile among 1,491 metro neighborhoods, which supports day-to-day livability for residents.
For investors, the local renter base is on the smaller side (renter-occupied share is around one-fifth of housing units), indicating a more ownership-leaning area. That dynamic can translate to a stable but thinner multifamily demand pool, with leasing driven by workforce households and residents prioritizing value and commute convenience. Neighborhood occupancy is below the metro median but has improved over the past five years, which points to firmer footing for stabilization.
Demographic indicators within a 3-mile radius show population and household growth over the last five years, with additional expansion projected. A rising household count and slightly smaller average household size signal a gradually expanding renter pool and support for occupancy durability over the medium term.
Home values in the area are relatively accessible compared with many U.S. markets, which can create some competition from ownership options. At the same time, neighborhood rent levels and a rent-to-income profile near national norms suggest manageable affordability pressure—an operational positive for lease retention and steady collections when paired with disciplined revenue management.
Comparable crime metrics for this neighborhood are not published in WDSuite’s dataset, so metro-relative ranks and national percentiles are unavailable. Investors should contextualize safety using city and county reporting, property-level history, and on-the-ground observations, and compare trends to nearby Houston metro submarkets for a balanced view of resident experience and retention risk.
- Texas Instruments — semiconductor offices (30.4 miles)
- Dish Network — telecommunications operations (31.3 miles)
- National Oilwell Varco Employees CU — financial services (38.6 miles)
- National Oilwell Varco — energy equipment (38.7 miles) — HQ
- Abm SSC — facility services (38.7 miles)
Proximity to regional employers such as Texas Instruments, Dish Network, and National Oilwell Varco supports workforce housing demand and commuting convenience, helping stabilize leasing and retention for value-oriented product.
Built in 1975 with 67 units averaging compact floorplans, the property skews older than the neighborhood’s average vintage. That positioning can favor a value-add plan—targeted renovations and systems updates to elevate appeal relative to older stock—while maintaining an attainable rent profile. Neighborhood occupancy has improved over the last five years, and 3-mile demographics indicate population and household growth, reinforcing a gradual expansion of the tenant base.
The area’s ownership-leaning housing mix implies a thinner but consistent renter pool, with rent levels and rent-to-income dynamics that support operational stability when paired with disciplined leasing. According to CRE market data from WDSuite, local amenities for daily needs are competitive for a rural setting, while proximity to regional employers underpins workforce demand.
- 1975 vintage suggests clear value-add and capex planning opportunities to enhance competitiveness and rents.
- Household and population growth within 3 miles points to a gradually expanding tenant base and occupancy support.
- Competitive daily-needs amenities and access to regional employers support workforce housing demand and retention.
- Risk: Ownership-leaning market and below-metro-median neighborhood occupancy can slow lease-up; underwriting should assume conservative absorption.
- Risk: Older systems may require near-term capital; phased renovations and preventative maintenance are key to sustain NOI.