| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 49th | Fair |
| Demographics | 29th | Poor |
| Amenities | 52nd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1811 City Hall Dr, Rosenberg, TX, 77471, US |
| Region / Metro | Rosenberg |
| Year of Construction | 1982 |
| Units | 70 |
| Transaction Date | 1997-04-01 |
| Transaction Price | $1,495,000 |
| Buyer | ROSENBERG APATMENT #1 LTD |
| Seller | LADD ROBERT S |
1811 City Hall Dr Rosenberg Multifamily Investment
Neighborhood-level occupancy and a solid renter base point to durable demand in Rosenberg, according to WDSuite’s CRE market data. With a 1982 vintage and compact average unit sizes, the asset can compete on value while planning selective upgrades to sustain leasing velocity.
Rosenberg’s Inner Suburb location offers everyday conveniences that support renter retention: grocery access and park coverage rank strong for the neighborhood compared with areas nationwide, while cafes and pharmacies are thinner. For investors, this mix favors essential errands and outdoor space over lifestyle retail, which can still underpin steady leasing in workforce-oriented product.
Neighborhood statistics indicate the share of housing units that are renter-occupied is elevated relative to many U.S. areas, signaling depth in the tenant pool and a stable base for multifamily demand. The neighborhood’s occupancy trend sits near the national midpoint; investors should expect competitive leasing dynamics without relying on outsized concessions to maintain traffic.
The average construction year in the neighborhood precedes 1982, so this property’s 1982 vintage is newer than much of the local stock—helping competitiveness versus older assets while still warranting capital planning for aging systems or targeted modernization. Average school ratings are below national norms, which may temper appeal for larger households, though smaller units often draw singles and couples less sensitive to school quality.
Within a 3-mile radius, population and household counts have expanded and are projected to continue increasing, which can enlarge the renter pool and support occupancy stability. Median contract rents in the neighborhood are moderate and rent-to-income levels suggest manageable affordability pressure—helpful for renewal retention and disciplined rent growth management based on commercial real estate analysis from WDSuite.
Neighborhood safety metrics benchmark around the national middle, with performance that is competitive among Houston-The Woodlands-Sugar Land neighborhoods (857th of 1,491). Property and violent offense measures sit modestly better than national midpoints, which supports renter comfort and lease retention without positioning safety as a unique differentiator.
Recent year-over-year estimates show a noticeable uptick in violent offenses at the neighborhood level. While levels remain near national midrange, investors should factor ongoing monitoring and standard security measures into operating plans rather than assuming continued improvement.
Nearby employers provide a diversified white- and blue-collar base that supports renter demand and commute convenience, including semiconductors, facility services, oilfield services, food distribution, and energy corporate offices listed below.
- Texas Instruments — semiconductors (9.9 miles)
- Abm SSC — facility services (18.2 miles)
- National Oilwell Varco Employees CU — energy services credit union (18.2 miles)
- National Oilwell Varco — oilfield services (18.2 miles) — HQ
- Sysco — food distribution (18.4 miles) — HQ
This 70-unit, 1982-vintage asset combines a renter-oriented neighborhood profile with essential-amenity proximity, positioning it for steady leasing. The property’s smaller average unit size may align with value-seeking renters, and neighborhood rent-to-income levels indicate manageable affordability pressure that can aid renewals. According to CRE market data from WDSuite, the area’s renter concentration and mid-range occupancy support demand, while newer-than-neighborhood-average vintage provides a competitive edge versus older stock—though investors should underwrite ongoing system updates.
Within a 3-mile radius, recent and projected growth in population and households points to an expanding tenant base that can support occupancy stability and measured rent growth. Home values in the broader area remain relatively accessible, so pricing discipline and amenity differentiation will be important to mitigate competition from ownership options.
- Neighborhood renter concentration and mid-range occupancy support leasing durability
- 1982 vintage is newer than much local stock, offering competitive positioning with targeted modernization
- Compact average unit sizes can capture value-oriented demand and aid lease-up velocity
- Expanding 3-mile population and household counts enlarge the renter pool and support occupancy stability
- Risk: below-average school ratings and accessible ownership costs require careful pricing and retention strategies