| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 61st | Good |
| Demographics | 72nd | Best |
| Amenities | 81st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 6100 Fairdale Ln, Houston, TX, 77057, US |
| Region / Metro | Houston |
| Year of Construction | 1972 |
| Units | 62 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
6100 Fairdale Ln Houston Multifamily Investment Opportunity
Positioned in Houstons Urban Core with dense amenities and a deep renter base, this asset benefits from steady demand drivers according to WDSuites CRE market data. Neighborhood occupancy trends and elevated ownership costs suggest durable renter reliance, supporting disciplined operations and pricing.
The property sits in a top-performing Houston neighborhood (A+ rating; rank 60 among 1,491 metro neighborhoods), placing it in the top quartile nationally for overall neighborhood quality. Amenity density is a clear strength: cafes, restaurants, groceries, and pharmacies rank near the top of the metro, which supports day-to-day convenience and leasing appeal. Park access is limited locally, so on-site outdoor space and walk-to retail options matter for livability.
Renter concentration is high at the neighborhood level, with roughly 79% of housing units renter-occupied, indicating a sizable tenant pool and ongoing multifamily demand. Neighborhood occupancy, however, trends below the metro median, signaling the need for competitive positioning and active leasing to sustain stabilization.
Within a 3-mile radius, population and households have expanded and are projected to continue growing, pointing to a larger tenant base over the next cycle; smaller average household sizes also align with demand for efficient floor plans. Median contract rents sit above many U.S. neighborhoods, while a high-cost ownership market (home values and value-to-income ratios above national medians) reinforces renter reliance on multifamily housing. These dynamics, based on CRE market data from WDSuite, support occupancy stability when paired with thoughtful leasing and amenity strategies.
Vintage patterns show nearby housing stock skews late-1960s on average, while this assets 1972 construction offers a slightly newer baseline versus older competitive stock. That positioning can help on make-readies and curb appeal, though investors should still plan for system upgrades and selective renovations to meet renter expectations.
Safety indicators for the surrounding neighborhood track below both metro and national benchmarks, with crime ranks in the lower tiers among 1,491 Houston-area neighborhoods. This context argues for pragmatic risk managementsuch as lighting, access control, and coordination with local patrolsto support resident experience and retention.
Nationally comparative data also places the area below higher-percentile peers for safety, so underwriting should incorporate prudent security operations and insurance assumptions. Trend monitoring and property-level measures can narrow the gap versus stronger-performing submarkets over time.
Nearby corporate offices provide a strong white-collar employment base that supports multifamily renter demand and commute convenience, including Quanta Services, Apache, Prudential, Occidental, and Wells Fargo Advisors.
- Quanta Services corporate offices (1.6 miles) HQ
- Apache corporate offices (1.7 miles) HQ
- Prudential corporate offices (2.5 miles)
- Occidental corporate offices (3.3 miles)
- Wells Fargo Advisors corporate offices (4.1 miles)
6100 Fairdale Ln offers durable renter demand drivers in an amenity-rich Urban Core location. A high share of renter-occupied housing units locally, above-median neighborhood rents, and a high-cost ownership market support leasing depth and pricing power. According to CRE market data from WDSuite, neighborhood occupancy sits below the metro median, which places a premium on active leasing and competitive finishes to maintain stabilization.
Built in 1972, the asset is slightly newer than much of the nearby stock, giving it a competitive baseline relative to older properties while still presenting value-add potential through targeted system updates and unit refreshes. The unit mix skews efficient in size, aligning with small-household renter dynamics observed within a 3-mile radius, and proximity to major employers underpins weekday occupancy and retention.
- Amenity-rich Urban Core location with strong daily-needs access supporting leasing velocity
- High renter-occupied share indicates a deep tenant base and steady multifamily demand
- 1972 vintage offers competitive positioning versus older stock with clear renovation upside
- Employment proximity to major corporate offices supports retention and weekday occupancy
- Risk: neighborhood safety and below-median occupancy require proactive security and leasing execution