| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 73rd | Best |
| Demographics | 91st | Best |
| Amenities | 95th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2322 Branard St, Houston, TX, 77098, US |
| Region / Metro | Houston |
| Year of Construction | 2013 |
| Units | 40 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2322 Branard St Houston Multifamily Investment Opportunity
Positioned in Houston’s urban core, this 2013-vintage, 40-unit asset benefits from a deep renter base and strong neighborhood fundamentals, according to WDSuite’s CRE market data. Investors should expect durable demand from nearby employment and amenities, with leasing management important given submarket occupancy variability.
The property sits in an A+ rated Urban Core neighborhood that ranks 1st among 1,491 Houston metro neighborhoods overall, per WDSuite. Amenity access is a core strength: dining density ranks near the top of the metro, and neighborhood amenities score in the top quartile nationally, supporting resident retention and premium positioning.
Construction in the immediate area skews older (average year 1969; competitive among 1,491 metro neighborhoods), while the subject’s 2013 vintage provides a newer alternative to the local stock. For investors, this typically translates into stronger competitive positioning versus older peers, with capital planning focused more on modernization and common-area refresh than heavy systems replacement in the near term.
Renter concentration is high at the neighborhood level (renter-occupied share ranks competitive among 1,491 metro neighborhoods), indicating depth in the tenant base and steady leasing prospects for multifamily. By contrast, neighborhood occupancy trends are below the metro median (rank near the lower end among 1,491), so proactive marketing and renewals remain important to sustain stability.
Within a 3-mile radius, demographics show recent population and household growth, with additional gains projected, pointing to a larger tenant base over time and supporting occupancy stability and pricing resilience. Elevated home values locally compared with national norms reinforce reliance on multifamily rentals, which can aid lease retention and reduce turnover risk.
Safety metrics for this neighborhood trend weaker than metro and national comparisons, based on WDSuite data. Crime ranks in the less favorable tier among 1,491 Houston metro neighborhoods, and the national safety percentile is low, indicating conditions that warrant standard risk controls such as lighting, access management, and coordination with local patrols.
Investors typically underwrite with conservative assumptions and operational measures to support resident experience. Monitoring multi-year trends and block-to-block variation can help tailor on-site practices without over-relying on any single-year readings.
Proximity to major energy and corporate offices underpins renter demand by shortening commutes and broadening the professional tenant pool. The following nearby employers are key demand anchors for this location.
- Occidental — energy (1.1 miles)
- Baker Hughes — energy services (2.1 miles) — HQ
- Prudential — insurance (2.7 miles)
- Quanta Services — energy infrastructure (2.7 miles) — HQ
- Apache — energy (2.9 miles) — HQ
2322 Branard St offers a newer product profile in a top-performing Houston neighborhood anchored by dense amenities and a sizable professional renter base. The 2013 construction is newer than the surrounding stock, which can support competitive positioning and measured capex needs. According to CRE market data from WDSuite, neighborhood renter concentration is high, and elevated ownership costs locally tend to sustain reliance on rentals—factors that can aid tenant retention when paired with thoughtful renewal strategies.
Within a 3-mile radius, population and household counts have been expanding and are projected to continue growing, indicating a larger tenant pool over time. The main underwriting watchlist is neighborhood occupancy and safety, which trend less favorable than metro and national benchmarks; disciplined leasing, marketing, and property operations are important to mitigate volatility and support cash flow durability.
- Newer 2013 vintage versus older neighborhood stock supports competitive positioning and moderated near-term capex
- High renter-occupied share and dense amenities underpin steady multifamily demand
- Strong nearby employment base and short commutes broaden the professional tenant pool
- Elevated ownership costs locally reinforce rental reliance, aiding renewals and pricing power
- Risks: below-metro neighborhood occupancy and weaker safety metrics require active leasing and on-site security practices