| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 45th | Poor |
| Demographics | 56th | Good |
| Amenities | 13th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 12035 Champions Valley Dr, Houston, TX, 77066, US |
| Region / Metro | Houston |
| Year of Construction | 2006 |
| Units | 36 |
| Transaction Date | 2006-05-09 |
| Transaction Price | $1,250,000 |
| Buyer | CHAMPIONS FOREST #1 LP |
| Seller | SUNNYLAND DEVELOPMENT INC |
12035 Champions Valley Dr Houston Multifamily Investment
Stabilized neighborhood occupancy and proximity to major employers point to durable renter demand, according to WDSuite’s CRE market data. Built in 2006, the asset’s vintage supports competitive positioning among nearby 2000s product.
This Inner Suburb location draws from family-oriented households and a broad workforce base. Neighborhood occupancy is strong and competitive among Houston neighborhoods (95.9% per WDSuite), supporting lease stability even as the metro cycles.
Amenity density is mixed: restaurant options score well versus national norms (around the 77th percentile), while cafes, groceries, parks, and pharmacies are relatively sparse locally. Average school ratings in the area are above the national median, which can aid retention for larger renter households.
Within a 3-mile radius, demographic statistics indicate steady population growth over the past five years alongside rising household incomes, expanding the tenant base. Renter-occupied housing accounts for roughly 37% of units in this 3-mile radius, signaling a meaningful pool of prospective renters and depth for leasing, per multifamily property research from WDSuite.
Home values in the neighborhood sit near national mid-range levels, and the local value-to-income ratio is low compared with national peers. In practice, this more accessible ownership market may create some competition with entry-level for-sale options, but it can also broaden move-up and downsizing activity that sustains multifamily turnover and ongoing demand.
Based on WDSuite’s comparative metrics, the neighborhood’s overall crime environment trends favorable versus national norms, landing in the top quartile nationally. Recent year-over-year declines in both property and violent offense estimates further support a constructive trend line.
While violent crime sits closer to the national midpoint than property crime, the broader pattern suggests improving conditions relative to many U.S. neighborhoods. Investors should still underwrite standard security measures and review submarket policing and lighting around the asset’s immediate blocks.
Nearby corporate nodes anchor a diverse employment base that supports leasing and retention, led by energy and technology offices within a short drive: CenterPoint Energy, Enterprise Products, Hewlett Packard Enterprise Customer Engagement Center, Emerson Process Management, and Halliburton.
- Centerpoint Energy — utilities (2.5 miles)
- Enterprise Products — midstream energy (4.5 miles)
- Hewlett Packard Enterprise Customer Engagement Center — technology services (5.8 miles)
- Emerson Process Management — industrial automation (6.5 miles)
- Halliburton — oilfield services (9.6 miles) — HQ
The property’s 2006 construction is slightly newer than the neighborhood average 2000s stock, offering competitive appeal versus older assets while leaving room for targeted modernization to drive rents and retention. Neighborhood occupancy remains resilient and above the metro median, and 3-mile demographics show population and household growth with rising incomes, supporting a larger tenant base and sustained leasing velocity.
Ownership costs in the surrounding area are moderate by national standards, which can introduce some competition from for-sale housing; however, a meaningful share of nearby units are renter-occupied and local employers provide steady demand drivers. According to commercial real estate analysis from WDSuite, rent levels in the 3-mile radius have been trending upward with additional gains projected, reinforcing potential for stable cash flow with measured value-add.
- 2006 vintage offers competitive positioning versus older stock with selective renovation upside
- Strong neighborhood occupancy supports leasing stability through cycles
- 3-mile population and household growth expand the renter pool and underpin demand
- Proximity to major employers supports tenant retention and lease-up reliability
- Risk: relatively accessible homeownership locally may temper near-term pricing power