| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 57th | Good |
| Demographics | 72nd | Best |
| Amenities | 58th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2700 Holly Hall St, Houston, TX, 77054, US |
| Region / Metro | Houston |
| Year of Construction | 1992 |
| Units | 66 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2700 Holly Hall St, Houston TX Multifamily Investment
Stabilizing renter demand in Houston’s Inner Suburbs positions this 66-unit asset for durable performance, according to WDSuite’s commercial real estate analysis. Newer-than-area vintage and proximity to employment support leasing fundamentals with value-add upside.
Houston’s Inner Suburb location around 2700 Holly Hall St scores competitively among 1,491 Houston neighborhoods (A- neighborhood rating; rank 324 of 1,491), per WDSuite. The asset’s 1992 construction is newer than the neighborhood’s typical 1980s stock, suggesting relative competitiveness versus older properties, though investors should plan for standard system refreshes and targeted common-area modernization.
Livability signals are mixed but investable. Neighborhood grocery and daily-needs access test strong (grocery and pharmacy availability track in the upper national percentiles), while restaurants are plentiful relative to peers. Cafes and park access trail the metro, so resident lifestyle appeal leans more on proximity to services and employment than on recreational amenities.
Renter demand appears deep. The neighborhood shows a high share of renter-occupied housing units (about two-thirds), and within a 3-mile radius, renters make up roughly 69% of occupied units. This elevated renter concentration supports a larger tenant base and helps leasing velocity and renewal depth for multifamily operators.
Occupancy at the neighborhood level has improved over the past five years and sits below national averages, pointing to continued lease-up and retention management as value drivers. Median asking rents in the neighborhood have risen materially over five years, consistent with broader Houston strength, while home values remain relatively accessible locally—conditions that can moderate pricing power but still support sustained rental demand given the area’s employment proximity.
Demographics within a 3-mile radius indicate population growth over the last five years and a notable increase in household counts, with forecasts calling for further population gains and a substantial rise in households by 2028. Shrinking average household size suggests more one- and two-person households entering the renter pool, which typically supports occupancy stability for well-managed assets.
Safety indicators trend weaker than both national and metro benchmarks. The neighborhood’s crime rank sits in the lower half of Houston outcomes (rank 990 out of 1,491 metro neighborhoods), and national comparisons place the area below the median for safety. Investors should underwrite enhanced on-site security, lighting, and property management practices to support resident comfort and retention.
Year-over-year estimates point to elevated property and violent offense rates relative to national peers. While these data are neighborhood-level (not property-specific), ongoing monitoring and targeted operational measures can mitigate risk and support leasing performance as broader Houston trends evolve.
Energy and industrial corporate offices within a 4–6 mile radius bolster the local employment base and support renter demand through short commutes. Nearby anchors include Occidental, Plains GP Holdings, Waste Management, CenterPoint Energy, and Enterprise Products Partners.
- Occidental — energy corporate offices (4.2 miles)
- Plains GP Holdings — energy midstream corporate offices (5.1 miles) — HQ
- Waste Management — environmental services corporate offices (5.1 miles) — HQ
- Centerpoint Energy — utilities corporate offices (5.1 miles) — HQ
- Enterprise Products Partners — energy midstream corporate offices (5.1 miles) — HQ
This 66-unit, 1992-vintage asset benefits from a renter-heavy housing landscape and proximity to major employers, supporting a durable tenant base and ongoing leasing demand. Neighborhood occupancy has trended upward, rents have moved higher over five years, and the 3-mile area shows population growth with strong household formation projections—signals that can sustain rent rolls for well-operated properties.
The vintage is newer than much of the surrounding 1980s stock, offering competitive positioning with targeted renovations, while a high share of renter-occupied units supports depth of demand. Investors should balance these strengths against neighborhood safety headwinds and rent-to-income pressure, calibrating operations and pricing to preserve retention. According to CRE market data from WDSuite, these dynamics are consistent with broader Houston patterns of solid renter demand alongside selective operational risk.
- Renter-heavy submarket and employer proximity underpin a large tenant base and leasing stability.
- 1992 construction offers competitive positioning versus older local stock with value-add modernization potential.
- Neighborhood occupancy improving and 3-mile household growth support sustained demand and renewal depth.
- Rising rents over five years align with Houston trends, offering revenue growth avenues with disciplined pricing.
- Risks: below-average safety metrics and rent-to-income pressure call for enhanced security and careful lease management.