| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 64th | Good |
| Demographics | 16th | Poor |
| Amenities | 53rd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5710 W Mount Houston Rd, Houston, TX, 77088, US |
| Region / Metro | Houston |
| Year of Construction | 1984 |
| Units | 48 |
| Transaction Date | 2014-07-22 |
| Transaction Price | $1,031,300 |
| Buyer | NAGRA ENTERPRISES LLC |
| Seller | OCJ PROPERTIES LLC |
5710 W Mount Houston Rd Houston Multifamily Investment
Neighborhood occupancy remains steady and renter demand is supported by a moderate renter-occupied base and a high-cost ownership landscape, according to WDSuite’s CRE market data. For investors, the area’s workforce connectivity and relative rent positioning suggest durable leasing with room for targeted value-add.
This Inner Suburb location in Houston balances everyday convenience with attainable rents for a broad tenant base. Neighborhood occupancy is in the low-90s and has been stable over the past five years, measured for the neighborhood rather than the property, indicating resilient demand through cycles based on CRE market data from WDSuite. Median contract rents sit around the U.S. midpoint with solid five-year growth, which supports cash flow while keeping pricing competitive for renewals.
The renter-occupied share of housing units is in the low-to-mid 40% range, signaling a meaningful but not saturated renter concentration—helpful for demand depth across workforce and family households. Within a 3-mile radius, populations and households have expanded modestly in recent years and are projected to grow further, pointing to a larger tenant base. Household sizes are trending smaller over time, which can shift unit mix preferences toward efficient two-bed layouts like the property’s average size profile.
Local amenities trend mixed: grocery and pharmacy access rank above many U.S. neighborhoods, while cafes and parks are limited nearby. For multifamily, that mix still serves day-to-day needs, and it tends to keep the submarket positioned as practical, value-oriented housing relative to higher-amenity urban cores. Neighborhood home values are elevated relative to local incomes (high national percentile for value-to-income), which sustains reliance on rental housing and supports tenant retention. At the same time, a rent-to-income ratio near one-third suggests affordability pressure to monitor for leasing and renewal strategies.
The average construction year in the neighborhood is the early 1990s, while this asset was built in 1984. The slightly older vintage implies potential value-add and systems modernization opportunities to enhance competitive positioning against newer stock and to support occupancy stability.
Safety outcomes in this neighborhood sit around the metro midpoint among 1,491 Houston-area neighborhoods and below the national average for safety (lower national percentile). Recent estimates indicate year-over-year increases in both property and violent offense rates, so underwriting should reflect conservative assumptions and active on-site management practices.
Investors typically contextualize these conditions with standard mitigants: lighting, access controls, and resident screening, plus coordination with local community resources. Comparatively, the area does not rank in the top quartile for safety nationally, but it remains serviceable for workforce housing when paired with appropriate operating protocols.
Proximity to major energy and industrial services employers supports a broad workforce renter pool and commute convenience. The nearby base includes Emerson Process Management, Enterprise Products, CenterPoint Energy, ExxonMobil’s Brookhollow offices, and Halliburton.
- Emerson Process Management — industrial automation (4.7 miles)
- Enterprise Products — midstream energy (4.8 miles)
- Centerpoint Energy — utilities (5.2 miles)
- ExxonMobil - Brookhollow Campus — energy offices (6.0 miles)
- Halliburton — oilfield services (8.6 miles) — HQ
This 48-unit 1984 asset sits in a neighborhood with steady occupancy and rents near the national midpoint, offering consistent tenant demand with value-add potential. Within a 3-mile radius, population and household counts are growing and forecast to expand further, supporting a larger renter pool and lease-up resilience. Elevated ownership costs relative to incomes in the neighborhood help sustain rental reliance, while the property’s older vintage creates a clear pathway for renovations and systems upgrades to compete against early-1990s product. According to commercial real estate analysis from WDSuite, neighborhood occupancy has held stable in recent years, reinforcing the case for durable operations.
Key watch items include safety metrics that trail national averages and an affordability profile with rent-to-income near one-third—both manageable with prudent underwriting, measured rent growth, and proactive property management. Amenity access favors essentials over lifestyle offerings, which aligns with workforce demand but may require focused common-area improvements to elevate curb appeal.
- Stable neighborhood occupancy and rent levels support predictable leasing
- 1984 vintage offers value-add and building systems upgrade upside
- Growing 3-mile renter pool underpins demand and retention
- Essential amenities and major employers nearby serve workforce renters
- Risks: below-average safety and affordability pressure call for careful rent strategy