| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 57th | Good |
| Demographics | 7th | Poor |
| Amenities | 28th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 10225 Scott St, Houston, TX, 77051, US |
| Region / Metro | Houston |
| Year of Construction | 1997 |
| Units | 120 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
10225 Scott St Houston Multifamily Investment
Renter demand is supported by a high neighborhood renter concentration and proximity to Houston's employment core, according to CRE market data from WDSuite. The 1997 vintage points to competitive positioning versus older stock while leaving room for targeted modernization.
Located in Houston's inner south side, the property sits in a neighborhood rated C- among 1,491 metro neighborhoods, with characteristics typical of an Inner Suburb. Investor takeaways center on a deep renter base, moderate occupancy at the neighborhood level, and access to employment centers balanced against limited local amenities.
Renter-occupied housing accounts for a very high share of units at the neighborhood level (renter concentration), indicating depth in the tenant base and potential leasing velocity for multifamily assets. Neighborhood occupancy is below the metro median and has softened in recent years, so owners should plan for active marketing and retention strategies to stabilize leases and manage turns.
Daily-needs retail is sparse nearby, though restaurant density is competitive versus many neighborhoods nationally. Pharmacies are comparatively accessible, while cafes, parks, and grocery options are limited within close reach. Average school ratings in the area trend below metro norms, which may matter for family-oriented leasing and should be reflected in positioning.
Within a 3-mile radius, households have grown in recent years and projections indicate a substantial increase by the next five-year horizon, pointing to a larger tenant base over time. Incomes in the 3-mile area have been trending higher, and rents are projected to rise as well, supporting revenue management for well-operated properties. For multifamily property research, these forward-looking signals suggest demand resilience even as operators navigate affordability pressure and neighborhood-level variability.
Safety conditions in the immediate neighborhood trail national benchmarks. Overall crime sits in a lower national percentile, indicating the area is less safe than many U.S. neighborhoods. Compared with Houston's 1,491 neighborhoods, ranks place the area below the metro average for public safety.
For investors, this typically implies the need for thoughtful onsite measures—such as access controls, lighting, and tenant screening—and underwriting that anticipates higher operating attention. Monitoring trend direction and neighboring submarkets can help calibrate expectations without relying on block-level assumptions.
The property benefits from proximity to a cluster of energy and industrial corporate offices that support renter demand through short commutes and a broad employment base. Nearby employers include Occidental, Waste Management, CenterPoint Energy, Plains GP Holdings, and Enterprise Products Partners.
- Occidental — energy (6.8 miles)
- Waste Management — environmental services (7.3 miles) — HQ
- CenterPoint Energy — utilities (7.4 miles) — HQ
- Plains GP Holdings — midstream energy (7.4 miles) — HQ
- Enterprise Products Partners — midstream energy (7.4 miles) — HQ
Built in 1997, the asset is newer than the neighborhood average and can compete against older stock while benefiting from selective upgrades to systems and finishes. The immediate area shows a very high share of renter-occupied units, which supports depth of demand; however, neighborhood occupancy trends below metro averages call for hands-on leasing and retention.
Within a 3-mile radius, households have increased and are projected to expand further, indicating a larger tenant base that can support occupancy and rent growth over time. According to commercial real estate analysis from WDSuite, operators should balance demand potential with affordability pressure and limited neighborhood amenities by focusing on resident experience, security, and disciplined renewals.
- 1997 vintage offers competitive positioning versus older area stock with targeted value-add potential
- Very high neighborhood renter concentration supports a deep tenant base and leasing velocity
- 3-mile household growth and projections point to a larger renter pool supporting occupancy stability
- Risks: below-metro safety and occupancy, affordability pressure, and sparse nearby amenities warrant active management