| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 47th | Poor |
| Demographics | 14th | Poor |
| Amenities | 39th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1311 Beaumont Rd, Baytown, TX, 77520, US |
| Region / Metro | Baytown |
| Year of Construction | 1972 |
| Units | 81 |
| Transaction Date | 2007-06-06 |
| Transaction Price | $2,275,000 |
| Buyer | APTHZ LLC |
| Seller | FIRST NATIONAL BANK |
1311 Beaumont Rd Baytown Multifamily Investment
Neighborhood occupancy near 96% supports stable cash flow potential for well-run assets in this Baytown submarket, according to WDSuite’s CRE market data.
Baytown’s inner-suburb location offers daily conveniences with solid access to groceries and pharmacies, while restaurants are relatively dense for the area. Parks and cafes are thinner locally, so the setting reads more utilitarian than lifestyle-driven, which can fit workforce housing positioning.
On the housing side, the neighborhood’s occupancy ranks 475th out of 1,491 Houston-area neighborhoods and sits in the top quartile nationally, indicating durable renter demand and helping support leasing stability through cycles. Renter-occupied housing represents roughly half of units in the neighborhood, suggesting a broad tenant base for multifamily operators.
Within a 3-mile radius, population has grown in recent years with additional increases projected, and household counts are set to expand further as average household size trends lower. This points to a larger renter pool over time and supports occupancy stability and lease-up visibility for well-positioned product.
Ownership costs in the neighborhood are relatively accessible versus many U.S. locations, and current rent-to-income levels are manageable in this area. For investors, that mix typically supports resident retention and reduces turnover friction, though it can introduce some competition from entry-level ownership alternatives; thoughtful finishes and service levels can preserve pricing power.
Public safety signals are mixed in this part of the Houston metro. Compared with other Houston neighborhoods (1,491 total), rankings indicate the area trends toward the higher-crime side locally, yet national percentiles point to comparatively stronger positioning versus many neighborhoods across the country. Recent-year trends show notable declines in both violent and property incidents, which investors often view as supportive for tenant retention and collections.
As always, underwriting should incorporate property-level history, insurance quotes, and block-by-block visibility; neighborhood figures are directional and best used alongside on-the-ground diligence.
Proximity to industrial, energy, and services employers underpins commuter demand and supports leasing durability, led by Air Products, Calpine Turbine Maintenance Group, Boeing’s Bay Area presence, and major Houston headquarters across waste and energy.
- Air Products — industrial gases (4.2 miles)
- Calpine Turbine Maintenance Group — power services (11.7 miles)
- Boeing: Bay Area Building — aerospace offices (13.5 miles)
- Waste Management — waste services (24.6 miles) — HQ
- Calpine — power generation (24.6 miles) — HQ
This 81-unit asset benefits from a workforce-oriented location where neighborhood occupancy is competitive among Houston submarkets and sits in the top quartile nationally. The local renter concentration near half of housing units indicates a deep tenant base, while 3-mile population and household growth point to a gradually expanding renter pool that supports leasing stability. According to CRE market data from WDSuite, neighborhood-level rents track at manageable rent-to-income levels for the area, reinforcing retention and steady collections for properties that deliver reliable operations.
Positioning emphasizes durable demand over amenities-driven premiums: restaurants and daily-needs retail are available, but parks and cafes are limited, which aligns with workforce multifamily. Ownership costs remain relatively accessible, which can introduce competition from entry-level ownership; in turn, targeted renovations and service quality can help sustain pricing power. Investors should also account for mixed safety signals across the metro and underwrite insurance and security line items accordingly.
- Top-quartile neighborhood occupancy supports cash flow stability
- Renter share near half indicates depth of tenant demand
- 3-mile population and household growth expand the renter pool
- Manageable rent-to-income dynamics aid retention and collections
- Risks: mixed safety signals and competition from entry-level ownership