| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 67th | Best |
| Demographics | 57th | Good |
| Amenities | 77th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 11200 Huffmeister Rd, Houston, TX, 77065, US |
| Region / Metro | Houston |
| Year of Construction | 1980 |
| Units | 86 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
11200 Huffmeister Rd Houston Multifamily Value-Add Opportunity
Neighborhood fundamentals point to durable renter demand and high occupancy, according to WDSuite’s CRE market data, supporting a steady leasing backdrop for this 86-unit asset.
Neighborhood fundamentals
Positioned in Houston’s Inner Suburb fabric with an A neighborhood rating, the location ranks 100 out of 1,491 metro neighborhoods—placing it in the top quartile locally for overall performance. Amenity access is also competitive, with an amenity rank of 48 among 1,491 metro neighborhoods and above-average national amenity density.
Renter demand appears resilient: neighborhood occupancy is elevated (93rd percentile nationally), a signal of leasing stability through cycles. The renter-occupied share in the neighborhood is substantial, supporting a deeper tenant base for multifamily. Median rents in the area sit in the upper national quartiles, while rent-to-income levels (locally around the 40th percentile nationally) suggest room for disciplined revenue management rather than outsized pricing power.
Within a 3-mile radius, demographic data show a modest population pullback in the recent period alongside an increase in households and smaller average household sizes—a mix that typically supports steady absorption of smaller and mid-sized units. Looking ahead, population is projected to expand while household counts grow more quickly, indicating a larger renter pool and supporting occupancy stability.
Home values in the area are moderate by national standards and ownership costs remain accessible relative to incomes, which can create some competition from for-sale housing. Even so, elevated neighborhood occupancy and a sizable renter-occupied share point to sustained multifamily demand and healthy lease retention, based on multifamily property research from WDSuite.
Vintage positioning: The property was built in 1980, while the surrounding housing stock skews newer on average (1996). The older vintage highlights potential value-add and capital planning opportunities to modernize interiors, improve systems, and sharpen competitive positioning against newer stock.
Safety context
Relative to the Houston metro, the neighborhood’s safety profile is competitive among 1,491 neighborhoods (crime rank 587 of 1,491), though it trends below national safety averages (lower national percentiles indicate comparatively higher reported crime). Year over year, both violent and property offense rates have moved lower, with declines that outperformed many areas nationally—a constructive signal for investors tracking trend direction rather than one-year snapshots.
As always, underwriting should focus on property-level security measures, lighting, and tenant experience, while monitoring continued trend improvement at the neighborhood level.
Nearby employment nodes anchor a broad tenant base, mixing technology, energy, utilities, and industrial firms that support leasing stability through commute convenience. The list below highlights key corporate offices within practical distance for residents.
- Hewlett Packard Enterprise Customer Engagement Center — technology services (4.2 miles)
- Enterprise Products — midstream energy (4.9 miles)
- CenterPoint Energy — utilities (5.3 miles)
- Emerson Process Management — industrial automation (6.7 miles)
- ConocoPhillips — oil & gas (10.4 miles) — HQ
This 86-unit community benefits from strong neighborhood occupancy and a sizable renter-occupied presence, supporting day-one demand and lease retention. Built in 1980, the asset is older than the area’s average vintage (1996), creating clear value-add potential through targeted renovations and systems upgrades to compete against newer stock.
Households within a 3-mile radius are increasing while average household size declines, pointing to a larger renter pool and steady absorption of multifamily units. According to commercial real estate analysis from WDSuite, the submarket’s occupancy strength and amenity access, combined with moderate ownership costs, suggest stable operations with measured pricing power—tempered by some competition from for-sale housing.
- High neighborhood occupancy (top national percentiles) supports leasing stability and renewal rates.
- 1980 vintage offers value-add upside via interior modernization and system improvements versus newer local stock.
- Expanding household counts within 3 miles point to a larger tenant base and sustained demand for rental units.
- Diverse nearby employers in technology, energy, and utilities help underpin occupancy and retention.
- Risk: accessible ownership options may limit outsized rent growth; prudent revenue management and renovations can offset.