| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 69th | Best |
| Demographics | 54th | Good |
| Amenities | 55th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5801 Reading Rd, Rosenberg, TX, 77471, US |
| Region / Metro | Rosenberg |
| Year of Construction | 2012 |
| Units | 80 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
5801 Reading Rd Rosenberg Multifamily Investment
Neighborhood fundamentals point to steady renter demand and above-median occupancy, according to WDSuite’s CRE market data. The asset’s 2012 vintage positions it competitively versus older local stock while serving an established suburban tenant base.
Located in Rosenberg within the Houston-The Woodlands-Sugar Land metro, the neighborhood ranks in the top quartile among 1,491 metro neighborhoods, signaling solid livability and investment appeal for workforce and middle-income renters. Dining and daily-needs access are strong with restaurants, groceries, and pharmacies scoring well nationally, though public parks and childcare options are limited — a planning consideration for family-oriented leasing strategies.
The neighborhood’s occupancy is above the national median, supporting stability in cash flows for well-managed assets. Renter-occupied housing accounts for a meaningful share of units (a high renter concentration by national comparison), which indicates a deep tenant base and dependable leasing activity for multifamily owners.
Construction in the area skews relatively modern, and the subject property’s 2012 vintage is newer than the neighborhood average (2007). That positioning can reduce near-term capital expenditure risk and support competitive performance versus older inventory, while selective modernization can still enhance NOI over time.
Within a 3-mile radius, population and household counts have grown and are projected to continue rising, with household sizes trending smaller. This pattern expands the renter pool and supports occupancy stability and leasing velocity. Median contract rents in the 3-mile area have risen over the past five years and are projected to grow further, while rent-to-income metrics indicate manageable affordability pressure, suggesting room for disciplined pricing without materially elevating retention risk.
Home values sit in a mid-range relative to incomes locally, which can create some competition from ownership options; however, elevated ownership costs in parts of the Houston region continue to reinforce renter reliance on multifamily housing. Taken together — amenity access, a deep renter base, and growing households — the submarket offers balanced demand drivers for long-term holders, based on commercial real estate analysis from WDSuite.
Safety indicators are comparatively favorable for investors evaluating tenant retention and collections risk. The neighborhood’s composite crime rank is in the top quartile among 1,491 Houston metro neighborhoods, and national comparisons place the area in a strong percentile for violent-offense safety.
Property-offense measures also compare well nationally, though recent year-over-year movement shows some uptick. Owners should monitor trends and coordinate standard security and lighting protocols, while recognizing the area’s overall positioning remains above metro averages on key safety dimensions.
- Texas Instruments — semiconductors (7.5 miles)
- Abm SSC — facility services (16.1 miles)
- National Oilwell Varco Employees CU — financial services (16.1 miles)
- National Oilwell Varco — oilfield equipment (16.1 miles) — HQ
- Sysco — food distribution (16.9 miles) — HQ
This 80-unit, 2012-vintage property benefits from a deep renter base, above-median neighborhood occupancy, and proximity to diversified employment corridors. The asset’s newer construction relative to the local average supports competitive positioning and lowers near-term capital burden, with potential to drive incremental NOI through targeted upgrades.
Population and household growth within a 3-mile radius point to a larger tenant base ahead, while rent trends indicate continued support for steady leasing and pricing power. According to CRE market data from WDSuite, the neighborhood performs competitively within the Houston metro and compares well nationally on key safety indicators, with ongoing monitoring warranted for recent movement in property offenses and for local school quality.
- Newer 2012 vintage vs. neighborhood average supports lower near-term capex and competitive lease-up.
- Above-median neighborhood occupancy and strong renter concentration underpin demand stability.
- 3-mile population and household growth expand the tenant base and support sustained absorption.
- Diverse employer base within commuting range supports retention and reduces volatility.
- Risks: limited parks/childcare, lower local school ratings, and a recent uptick in property offenses warrant prudent management.