| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 61st | Good |
| Demographics | 53rd | Good |
| Amenities | 49th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1325 Cedar Post Ln, Houston, TX, 77055, US |
| Region / Metro | Houston |
| Year of Construction | 1973 |
| Units | 52 |
| Transaction Date | 2012-06-01 |
| Transaction Price | $1,389,050 |
| Buyer | Joseph Bryson and or Assigns |
| Seller | J F Rodas, LLC |
1325 Cedar Post Ln Houston Value-Add Multifamily
Renter concentration in the surrounding neighborhood supports a stable tenant base, according to WDSuite’s CRE market data, with local amenities and employment access reinforcing day-to-day livability.
This Inner Suburb pocket of Houston carries a B+ neighborhood rating and ranks 439 out of 1,491 metro neighborhoods — above the metro median — signaling broadly competitive fundamentals for workforce and mid-market renters. Food-and-beverage access is a standout: cafes and groceries are in the top quartile nationally, and restaurants are also competitive, supporting resident convenience and leasing appeal.
Neighborhood renter-occupied housing sits at an elevated share of units, indicating depth in the tenant pool and reinforcing multifamily demand. Median rents in the area have risen over the last five years while remaining in a mid-range band relative to national levels, which can aid retention and reduce lease churn for properties positioned with everyday convenience.
Within a 3-mile radius, households have grown modestly in recent years and are projected to expand meaningfully over the next five years, pointing to a larger renter pool and support for occupancy stability. At the same time, the neighborhood’s occupancy rate has been near the metro middle of the pack, suggesting leasing strategies that emphasize value and amenity access can be effective.
Ownership costs in the immediate area skew high compared with national norms, which typically sustains reliance on rental housing and can provide pricing power for well-managed assets. Rent-to-income levels locally are manageable by national standards, a combination that can support resident retention while still allowing for measured revenue growth.
Relative to Houston metro peers, the neighborhood’s safety profile trends below average, with crime indicators positioned in weaker national percentiles. This suggests investors should budget for proactive security measures and strong property management practices to support resident confidence and asset performance.
While year-over-year shifts show recent increases in both violent and property offense estimates, these data reflect broader neighborhood patterns rather than conditions at a specific property. Monitoring trend direction and coordinating with local resources can help mitigate risk and support long-term operations.
Proximity to diversified corporate employers underpins renter demand and commute convenience, with nearby roles spanning financial services, automotive retail headquarters, and energy operations. The employers listed below are representative of the daily workforce draw that can support leasing and retention.
- Wells Fargo Advisors — financial services (0.73 miles)
- Group 1 Automotive — automotive retail (1.62 miles) — HQ
- Phillips 66 — energy (4.25 miles) — HQ
- ExxonMobil - Brookhollow Campus — energy offices (4.38 miles)
- Apache — energy (5.04 miles) — HQ
Built in 1973 with 52 units averaging 897 square feet, the property offers clear value-add potential through targeted renovations and systems modernization, with the aim of improving competitive positioning against newer stock. The surrounding neighborhood shows an above-median rank within the Houston metro and a high share of renter-occupied units, supporting a durable tenant base and steady leasing velocity, according to CRE market data from WDSuite.
Amenity density (cafes, groceries, and restaurants) enhances livability, and elevated ownership costs in the area tend to sustain renter reliance — a constructive backdrop for pricing power when paired with prudent lease management. Within a 3-mile radius, forecasts point to growth in households and overall population over the next five years, expanding the renter pool and supporting occupancy stability. Key underwriting considerations include the neighborhood’s below-average safety readings and capital planning for a 1970s vintage asset.
- 1973 vintage positions the asset for value-add upgrades and operating improvements
- Above-median neighborhood rank and strong renter concentration support demand depth
- High local ownership costs reinforce reliance on rentals, aiding pricing power and retention
- 3-mile forecasts indicate household and population growth, expanding the tenant base
- Risks: below-average safety metrics and capex needs typical of 1970s construction