| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 54th | Fair |
| Demographics | 26th | Poor |
| Amenities | 29th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 17206 Imperial Valley Dr, Houston, TX, 77060, US |
| Region / Metro | Houston |
| Year of Construction | 1984 |
| Units | 59 |
| Transaction Date | 2005-04-01 |
| Transaction Price | $3,080,000 |
| Buyer | GFI Realty Services |
| Seller | Archon |
17206 Imperial Valley Dr Houston Multifamily Investment
High renter concentration in the surrounding neighborhood supports a deep tenant base, while occupancy trends sit below the metro median according to WDSuites CRE market data. Neighborhood statistics reflect area conditions and do not represent this specific propertys occupancy.
This Inner Suburb location in Houston balances workforce housing demand with pragmatic access to everyday services. Neighborhood data indicates a very high share of renter-occupied housing (ranked 56 out of 1,491 metro neighborhoods), signaling depth in the tenant pool and potential leasing velocity for multifamily assets. By contrast, neighborhood occupancy trends are below the metro median (ranked 1,205 of 1,491), so operators should plan for active leasing and resident retention strategies.
Amenity coverage is mixed: restaurants are comparatively dense (roughly top quintile nationally), while cafes, grocery stores, parks, and pharmacies are sparse within the immediate neighborhood. Childcare presence is strong (top tier nationally), which can support family-oriented renter demand. Formal school ratings are not available at the neighborhood level in this dataset.
The propertys 1984 vintage is slightly newer than the neighborhoods average construction year (1980). For investors, that suggests competitive positioning versus older stock, while still warranting capital planning for systems, interiors, and common-area updates to drive rentability and reduce long-term maintenance risk.
Affordability signals are nuanced. Neighborhood rent-to-income levels benchmark on the lower end nationally, supporting lease retention, yet household incomes in the immediate neighborhood trail national norms. Within a 3-mile radius, WDSuite data shows household counts have been rising and are expected to continue increasing alongside smaller average household sizesfactors that can expand the renter base and support occupancy stability over time.
Safety indicators for the neighborhood sit below national medians. Compared with 1,491 Houston-area neighborhoods, the areas crime rank is in the lower half, and national benchmarking places the neighborhood in lower safety percentiles. Recent year-over-year readings show upticks in both violent and property offenses, underscoring the need for proactive security measures, lighting, and resident engagement. These figures describe neighborhood-level conditions, not this specific property or block.
- Halliburton energy services (3.5 miles) HQ
- Centerpoint Energy utilities (8.6 miles)
- Enterprise Products midstream energy (9.8 miles)
- ExxonMobil - Brookhollow Campus energy offices (10.2 miles)
- Emerson Process Management industrial automation (10.7 miles)
A broad energy and utilities employment base nearby supports workforce renter demand and commute convenience for residents, with proximity to Halliburton, CenterPoint Energy, Enterprise Products, ExxonMobil, and Emerson.
17206 Imperial Valley Dr is a 59-unit, 1984-vintage asset positioned for workforce demand in a Houston Inner Suburb with a deep renter base. Neighborhood occupancy trends track below the metro median, but the concentration of renter-occupied units is among the highest in the metro, creating a broad leasing funnel. Within a 3-mile radius, population has been stable while household counts have increased and are projected to grow further, which can expand the tenant pool and support steady absorption.
Operationally, the vintage supports value-add strategiesmodernizing interiors, addressing building systems, and elevating curb appeal to compete against older stock. According to CRE market data from WDSuite, local affordability benchmarks are relatively manageable versus national norms, which can aid retention, though investors should calibrate pricing to neighborhood incomes and monitor safety trends and amenity gaps that may influence leasing and renewal decisions.
- Deep renter-occupied base in the neighborhood supports a larger tenant pool and leasing velocity.
- 1984 vintage offers value-add potential through system upgrades and interior renovations.
- 3-mile household growth and smaller average household sizes can sustain multifamily demand.
- Affordability metrics, per WDSuite, support retention with disciplined lease management.
- Risks: below-median neighborhood occupancy, limited nearby amenities, and safety readings require active management.