| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 46th | Poor |
| Demographics | 16th | Poor |
| Amenities | 84th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 907 N Pruett St, Baytown, TX, 77520, US |
| Region / Metro | Baytown |
| Year of Construction | 1972 |
| Units | 66 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
907 N Pruett St Baytown Multifamily Value-Add
Positioned in an Inner Suburb of the Houston metro, the neighborhood shows an above-median profile among 1,491 metro neighborhoods, with renter demand supported by a competitive renter concentration; according to WDSuite’s CRE market data, nearby household growth points to a steadily expanding tenant base.
The location sits in Baytown’s Inner Suburb fabric and ranks above the metro median among 1,491 Houston-area neighborhoods, suggesting generally balanced fundamentals for multifamily investors. Neighborhood occupancy is reported at the neighborhood level (not the property) and indicates stable utilization, while renter-occupied housing is competitive among Houston neighborhoods and in the upper tier nationally—supportive of a deeper tenant pool and leasing velocity.
Everyday amenities are a relative strength: restaurants, parks, pharmacies, and cafes index well above national norms, which tends to support resident satisfaction and retention. By contrast, average school ratings in the area score lower than many neighborhoods nationwide, an underwriting consideration for family-oriented tenant segments.
Within a 3-mile radius, WDSuite indicates recent population growth with a meaningful increase in households and a trend toward smaller household sizes. That combination typically expands the renter pool and supports occupancy stability. Median contract rents in the area have risen over the past five years, and forward-looking projections call for continued rent growth, aligning with multifamily property research that links amenity access and household gains to durable demand.
Ownership costs in the neighborhood are lower relative to many U.S. areas, which can introduce some competition from entry-level ownership options. For operators, this points to a focus on value positioning, service quality, and unit renovations to maintain pricing power and reduce turnover.
Safety conditions should be evaluated prudently. Based on WDSuite’s neighborhood data, this area sits in the lower half among 1,491 Houston-area neighborhoods for crime, and below many neighborhoods nationally. Property offenses are closer to national mid-range, while violent offense measures track weaker on national comparison. Recent year-over-year volatility suggests monitoring trend direction and applying standard security and lighting best practices in capital plans.
Proximity to industrial, energy, and aerospace employers supports workforce housing demand and commute convenience for residents, notably Air Products, Calpine Turbine Maintenance Group, Boeing’s Bay Area offices, and major Houston-headquartered energy and services firms.
- Air Products — industrial gases (3.4 miles)
- Calpine Turbine Maintenance Group — power services (11.0 miles)
- Boeing: Bay Area Building — aerospace offices (12.8 miles)
- Waste Management — waste services (23.6 miles) — HQ
- Calpine — independent power (23.7 miles) — HQ
Built in 1972, this 66-unit asset is older than recent-vintage stock, pointing to value-add potential through targeted interior and systems upgrades. The neighborhood’s above-median metro standing and strong amenity access support resident appeal, while a competitive renter concentration underpins depth of demand. Within 3 miles, population growth and a notable increase in households indicate a larger tenant base ahead, supporting occupancy and rent fundamentals, according to CRE market data from WDSuite.
Investors should balance these positives against local considerations: school ratings trend lower than national norms, and safety metrics compare weaker, warranting prudent operating practices and thoughtful tenant profile targeting. Given relatively accessible ownership costs in the area, positioning and renovation scope will be important to sustain leasing and manage concessions.
- 1972 vintage offers clear value-add levers through interior updates and building systems improvements.
- Above-median neighborhood standing in the Houston metro with strong amenity access supports retention and leasing.
- Within 3 miles, population and household growth signal a larger renter pool and demand support.
- Competitive renter concentration supports depth of demand, but positioning and service quality remain key to pricing power.
- Risks: below-average school scores and weaker comparative safety; consider security, lighting, and family-amenity strategies in plans.