| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 63rd | Good |
| Demographics | 40th | Fair |
| Amenities | 61st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 800 Hunt Rd, Baytown, TX, 77521, US |
| Region / Metro | Baytown |
| Year of Construction | 1984 |
| Units | 100 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
800 Hunt Rd Baytown Multifamily Investment Opportunity
Neighborhood occupancy is above the Houston metro median and supported by steady household growth, according to WDSuite’s CRE market data, pointing to durable renter demand in Baytown.
Baytown’s Inner Suburb setting provides practical access to daily needs, with restaurants, groceries, and parks comparing favorably to many Houston submarkets. Amenity access ranks in the top quartile among 1,491 metro neighborhoods, helping with leasing appeal for workforce renters and service employees.
At the neighborhood level, occupancy trends are competitive among Houston-The Woodlands-Sugar Land neighborhoods (above the metro median), which supports income stability for well-managed assets. Rents track in the mid-to-upper tier versus national peers, suggesting room for operational differentiation through product quality and management rather than deep discounting.
Unit tenure data indicates roughly half of housing units are renter-occupied, creating a broad tenant base while avoiding over-concentration. For investors, this mix points to balanced demand depth and generally steady renewal potential, especially for functional floor plans and reliable maintenance.
Within a 3-mile radius, population and households have expanded and are projected to continue growing, increasing the local renter pool. Income levels are rising, and WDSuite’s commercial real estate analysis points to continued rent progression through the forecast period, which can support occupancy stability for competitively positioned assets.
Home values are lower than national norms, which means ownership is more accessible relative to higher-cost metros; this can introduce some competition with entry-level ownership. However, rent-to-income levels sit at investor-manageable ranges in this area, which can aid retention when paired with consistent service and modest renewal steps.
School quality in the surrounding area rates below national averages; properties oriented toward families may need to compete on value, safety perception, and commute convenience to sustain absorption.
Safety signals are mixed. Relative to the Houston metro, the neighborhood’s crime position is competitive among 1,491 neighborhoods, but it sits below the national average for safety. For multifamily operators, this typically emphasizes the value of onsite visibility, lighting, and resident engagement programs to support leasing and renewals.
Recent trends are constructive: estimated violent offenses have declined year over year, placing the improvement in the upper tier nationally, and property offenses have edged lower as well. Directionally, this supports a prudent-but-constructive outlook on safety compared with the prior year. As always, investors should evaluate micro-level conditions around the asset and incorporate appropriate security planning into underwriting.
Proximity to industrial gases, power generation services, aerospace offices, and major energy headquarters broadens the employment base and supports renter demand via commute convenience and shift-work schedules.
- Air Products — industrial gases (3.9 miles)
- Calpine Turbine Maintenance Group — power generation services (14.5 miles)
- Boeing: Bay Area Building — aerospace offices (16.1 miles)
- Calpine — independent power producer (23.5 miles) — HQ
- Waste Management — environmental services (23.5 miles) — HQ
This 1984-vintage, 100-unit asset sits in a neighborhood with above-median metro occupancy, a balanced renter concentration, and amenity access that ranks in the top quartile locally. Within a 3-mile radius, population and household growth point to a larger tenant base ahead, supporting leasing velocity and renewal prospects. According to CRE market data from WDSuite, neighborhood operating fundamentals compare favorably within the Houston MSA, while rent levels remain manageable relative to incomes—conditions that can support steady occupancy and disciplined rent steps.
Given its older vintage versus the area’s newer average stock, the property may benefit from targeted capital planning and value-add improvements to enhance competitiveness while managing operating expenses. Ownership costs in the area are relatively accessible, which introduces some competition with entry-level ownership; combined with below-average school ratings and mixed safety positioning nationally, thoughtful asset management and resident experience will be important to sustain pricing power.
- Above-median neighborhood occupancy with competitive amenity access supports income stability
- Expanding 3-mile renter pool and rising incomes reinforce demand and renewals
- 1984 vintage offers value-add and systems-modernization opportunities to drive NOI
- Rent levels manageable versus incomes aid retention and measured rent growth
- Risks: below-average school ratings, mixed national safety positioning, and competition from entry-level ownership