| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 53rd | Fair |
| Demographics | 52nd | Good |
| Amenities | 48th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 11925 Jones Rd, Houston, TX, 77070, US |
| Region / Metro | Houston |
| Year of Construction | 2012 |
| Units | 114 |
| Transaction Date | 2014-09-30 |
| Transaction Price | $13,460,000 |
| Buyer | Starlight U.S. Multi-Family |
| Seller | --- |
11925 Jones Rd Houston 2012 Multifamily Investment
Newer-vintage units relative to surrounding housing stock point to competitive positioning and steady renter appeal, according to WDSuite’s CRE market data. Proximity to major employers supports demand while manageable rent-to-income levels suggest balanced retention dynamics.
This suburban Houston location carries a B+ neighborhood rating and is competitive among Houston-The Woodlands-Sugar Land neighborhoods (551 out of 1,491). The area skews auto-oriented with everyday convenience: grocery and pharmacy access trends above national medians, while parks and cafés are limited. For investors, that mix supports daily needs-driven tenancy rather than lifestyle-led premiums.
Rents in the neighborhood track in the upper quartile nationally, while the neighborhood occupancy rate trends below national medians, signaling room for operational upside via leasing and renewal management. Rent-to-income levels are moderate for the area, which can aid renewal retention if operators manage increases in line with value delivery and service quality.
Within a 3-mile radius, demographics show population and household growth with a broad mix of age cohorts, indicating a growing tenant base and potential renter pool expansion over the next several years. The 3-mile area is roughly balanced between owner- and renter-occupied housing, reinforcing depth of demand for multifamily without relying on a narrow renter segment.
The average neighborhood construction vintage is early-1980s, making a 2012 property comparatively newer. That positioning can translate to fewer near-term system replacements than older stock and support competitive leasing; investors should still plan for targeted capital to maintain curb appeal and keep finishes current against newer deliveries.
Based on WDSuite neighborhood benchmarks, this area is competitive among Houston-The Woodlands-Sugar Land neighborhoods on crime (ranked in the better-performing cohort versus 1,491 total neighborhoods) and sits modestly safer than the national median overall. Recent WDSuite estimates indicate year-over-year declines in both property and violent offenses, a constructive trend to monitor alongside broader metro patterns.
As always, safety varies by micro-location and over time; investors should pair this directional view with on-the-ground diligence and current property-level security practices.
Nearby energy, technology, and industrial corporate offices underpin a sizable commuter base and support workforce-oriented renter demand. Key nodes include CenterPoint Energy, Hewlett Packard Enterprise Customer Engagement Center, Enterprise Products, Emerson Process Management, and ConocoPhillips.
- Centerpoint Energy — energy utilities (2.8 miles)
- Hewlett Packard Enterprise Customer Engagement Center — technology/customer engagement (2.8 miles)
- Enterprise Products — midstream energy (3.4 miles)
- Emerson Process Management — industrial automation (5.9 miles)
- Conocophillips — oil & gas (11.2 miles) — HQ
Built in 2012 with 114 units averaging 921 square feet, this asset is newer than much of the surrounding early-1980s housing stock, supporting competitive positioning versus older comparables. Employer proximity and a balanced 3-mile renter base point to durable demand, while neighborhood rents sit above national medians and rent-to-income levels remain manageable, aiding renewal performance and pricing discipline. According to CRE market data from WDSuite, neighborhood occupancy trends leave room for operational upside through focused leasing execution and retention strategy.
Forward-looking 3-mile demographics indicate continued population and household growth, expanding the tenant base over time. Investors should underwrite targeted capital to sustain finishes and amenities against newer deliveries and account for the neighborhood’s limited park and café density by emphasizing convenience, service, and in-community features.
- 2012 vintage offers competitive positioning versus older local stock with potential for selective value-add
- Proximity to major employers supports steady leasing and commuter convenience
- Neighborhood rents above national medians with moderate rent-to-income ratios support retention
- 3-mile radius shows growth in population and households, expanding the renter pool
- Risks: sub-median neighborhood occupancy and limited park/café density require strong leasing and amenity strategy