| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 62nd | Good |
| Demographics | 66th | Good |
| Amenities | 60th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 10330 Westview Dr, Houston, TX, 77043, US |
| Region / Metro | Houston |
| Year of Construction | 1975 |
| Units | 44 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
10330 Westview Dr Houston Multifamily Investment Opportunity
Neighborhood demand is supported by a deep renter base and proximity to major employers, according to WDSuite’s CRE market data. Focus on durable occupancy and operational execution rather than outsized rent growth.
Rated A and ranked 204 among 1,491 metro neighborhoods, the area sits in the top quartile locally, signaling competitive fundamentals for workforce and professional renters. Restaurant and grocery access are strong (both in the upper national percentiles), while café options are limited—suggesting everyday convenience rather than destination retail.
Built in 1975, the property is slightly newer than the average neighborhood vintage, which can help competitiveness versus older stock; however, investors should plan for ongoing capital improvements typical of 1970s assets to maintain leasing velocity and resident retention.
The share of renter-occupied housing units is high relative to the nation (upper-national-percentile renter concentration), indicating depth in the tenant pool and potential stability in leasing. Neighborhood occupancy has trended upward over the past five years, though it sits closer to the metro middle; operators should emphasize renewals and service quality to sustain performance.
Within a 3-mile radius, households have grown in recent years and are projected to increase further, pointing to renter pool expansion. Median home values rank well above national norms and value-to-income ratios are also elevated, which typically sustains reliance on multifamily rentals and supports pricing power when paired with prudent lease management.
Parks and pharmacies index strongly versus national peers, and average school ratings track below national medians—factors that can shape the resident mix and marketing strategy. Based on CRE market data from WDSuite, the submarket’s strengths lean toward everyday convenience and commuter accessibility rather than top-tier schools or boutique retail.
Safety indicators for the neighborhood trend weaker than both metro and national benchmarks, with national safety percentiles in the lower decile. This positioning suggests higher crime exposure than many U.S. neighborhoods and warrants underwriting for security measures and loss-prevention practices.
Compared with other Houston-The Woodlands-Sugar Land neighborhoods (1,491 total), safety ranks in the lower tiers rather than competitive quartiles. Recent year estimates indicate property and violent offenses have moved higher, so investors should consider measures such as lighting, access control, and partnership with local patrols to support resident retention and asset protection.
Nearby corporate employment anchors—Group 1 Automotive, Wells Fargo Advisors, Phillips 66, ConocoPhillips, and Sysco—provide a diverse white-collar and operations workforce within a short commute, which can support leasing depth and renewal rates.
- Group 1 Automotive — auto retail HQ (1.1 miles) — HQ
- Wells Fargo Advisors — financial services (1.7 miles)
- Phillips 66 — energy HQ (3.5 miles) — HQ
- Conocophillips — energy HQ (3.9 miles) — HQ
- Sysco — food distribution HQ (4.6 miles) — HQ
This 44-unit asset, built in 1975, benefits from a competitive inner-suburban location with strong everyday amenities and a sizable renter base. Elevated home values and value-to-income ratios in the neighborhood typically reinforce demand for multifamily housing, while upward-trending neighborhood occupancy supports a case for stable collections with disciplined operations. According to commercial real estate analysis from WDSuite, proximity to major employers and top-quartile neighborhood quality within the metro underpin tenant demand even as school ratings and safety track below national norms.
The vintage and scale suggest a manageable value-add program—targeted interiors, curb appeal, and efficiency upgrades—to sustain competitiveness versus older stock and capture pricing power where affordability remains reasonable relative to local incomes. With household growth projected within a 3-mile radius, the address is positioned to attract and retain renters seeking convenience and access to employment centers.
- Inner-suburban location with top-quartile neighborhood rank in the metro, supporting leasing depth
- 1975 vintage offers value-add potential to enhance competitiveness and retention
- Elevated ownership costs locally reinforce reliance on rentals, aiding pricing power
- Nearby employment anchors support commute convenience and occupancy stability
- Risks: below-average safety and school ratings require prudent security, marketing, and asset management