| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 45th | Fair |
| Demographics | 15th | Poor |
| Amenities | 48th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1555 Stacey St, Navasota, TX, 77868, US |
| Region / Metro | Navasota |
| Year of Construction | 1972 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1555 Stacey St Navasota Multifamily Value-Add Studios
Renter concentration in the surrounding neighborhood and strong daily-needs amenities suggest a durable tenant base, according to WDSuite’s CRE market data. This positioning can support occupancy stability while value-add improvements target affordability-minded demand.
The property sits in an Inner Suburb pocket of Navasota that ranks 5th out of 18 neighborhoods locally (A-). Daily-needs access is a relative strength: grocery, restaurants, parks, and childcare score at or near the top among 18 Grimes County neighborhoods and are above national mid-range benchmarks, supporting convenience-driven renter retention.
Amenity gaps are notable: cafes and pharmacies rank at the bottom of the metro comparison. Investors should expect residents to rely on nearby grocers, quick-service dining, and parks, with fewer specialty retail and healthcare options immediately adjacent.
Neighborhood occupancy is competitive among Grimes County neighborhoods (7th of 18), and the trend has improved over the past five years; this refers to neighborhood occupancy, not the property. The share of renter-occupied housing is in the top quartile locally (ranked 2nd of 18 and high nationally), indicating a deep tenant pool that can underpin leasing velocity for smaller-format units.
Within a 3-mile radius, demographic indicators point to modest household incomes and workforce housing dynamics. Combined with below-metro home values, this can sustain multifamily demand, though more accessible ownership options may temper pricing power relative to higher-cost Texas metros.
Comparable safety metrics for this neighborhood are limited in the current dataset. Without ranked crime data across the 18 local neighborhoods or national percentiles, investors should reference city and county reporting and track multi-year trends rather than block-level anecdotes when underwriting.
Regional employers within commuting distance support workforce housing demand tied to Greater Houston’s corporate and energy corridors, notably in equipment, healthcare services, and energy headquarters.
- National Oilwell Varco — oilfield equipment (39.3 miles)
- McKesson Specialty Health — healthcare services (40.9 miles)
- Anadarko Petroleum — energy (41.0 miles) — HQ
- Hewlett Packard Enterprise Customer Engagement Center — technology services (41.0 miles)
Built in 1972 and totaling 24 units with compact average footprints, the asset aligns with value-oriented renter demand. Neighborhood indicators show a top-quartile renter-occupied share and competitive occupancy among 18 local neighborhoods; according to CRE market data from WDSuite, daily-needs amenities (grocery, restaurants, parks, childcare) test strong locally, which can aid retention for efficiency units.
The vintage suggests near- to mid-term capital needs and potential to unlock rent-ready upside through targeted renovations and systems modernization. Home values in the area are relatively accessible compared with larger Texas metros, so underwriting should balance steady demand from cost-conscious renters against potential competition from entry-level ownership.
- Renter depth: top-quartile renter-occupied share locally supports a sizable tenant base for smaller units.
- Convenience advantage: strong grocery, restaurant, park, and childcare access reinforces day-to-day livability and retention.
- Value-add pathway: 1972 vintage creates a clear renovation and systems-upgrade thesis to enhance competitiveness.
- Affordability positioning: manageable rent-to-income dynamics can support occupancy stability and lease management.
- Risks: weaker school ratings and more accessible ownership alternatives may cap pricing power; pharmacies and cafes are limited nearby.