| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 61st | Good |
| Demographics | 72nd | Best |
| Amenities | 81st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 6111 Winsome Ln, Houston, TX, 77057, US |
| Region / Metro | Houston |
| Year of Construction | 1972 |
| Units | 104 |
| Transaction Date | 2015-11-18 |
| Transaction Price | $8,700,000 |
| Buyer | 1991 Partners LLC |
| Seller | Registry Partners, LLC |
6111 Winsome Ln Houston Multifamily Investment
High renter concentration and strong amenity density support a durable tenant base, according to WDSuite’s CRE market data, though neighborhood occupancy trends warrant active leasing management.
The property sits within an Urban Core location that is competitive among Houston-The Woodlands-Sugar Land neighborhoods (ranked 60 out of 1,491 metro neighborhoods). Daily needs are well covered: the neighborhood ranks 2nd of 1,491 for cafes per square mile and is near the top of the metro for grocery and pharmacy access, aligning with national top-percentile amenity density. These fundamentals tend to aid lease-up and retention for workforce and lifestyle renters.
Renter-occupied housing represents a high share of neighborhood units (79.4%), indicating a deep tenant base and consistent multifamily demand. Neighborhood occupancy is lower than the national median, so investors should underwrite to more active marketing and renewals while leveraging the area’s service and retail concentration to support stabilization.
Within a 3-mile radius, the population has grown in recent years with additional household growth and a forecast for further expansion and smaller average household sizes by 2028. This dynamic typically increases the renter pool and supports occupancy stability. Median incomes have risen, and projected gains suggest continued absorption capacity as rents move with the market.
Ownership costs in the surrounding area trend elevated relative to incomes (nationally high value-to-income standing), which can sustain reliance on rental housing and support pricing power for well-positioned assets. Median contract rents in the neighborhood sit above the national mid-point, reinforcing the importance of product differentiation and service quality in operations.
Safety indicators for the immediate neighborhood track below both metro and national norms. The neighborhood’s crime rank places it in the weaker cohort relative to 1,491 Houston metro neighborhoods, and national percentiles signal elevated offense rates compared with many U.S. neighborhoods. Recent year-over-year movements also indicate an uptick in both property and violent offense estimates.
Investors should reflect this context in underwriting through prudent security measures, lighting and access controls, and loss-prevention planning, while monitoring any citywide trend shifts and localized mitigation efforts over time.
Proximity to energy and financial services employers supports a steady commuter renter base and can aid retention through commute convenience. The nearby employment mix includes Quanta Services, Apache, Prudential, Occidental, and Wells Fargo Advisors.
- Quanta Services — engineering & infrastructure (1.6 miles) — HQ
- Apache — energy (1.7 miles) — HQ
- Prudential — financial services (2.5 miles)
- Occidental — energy (3.4 miles)
- Wells Fargo Advisors — financial advisory (4.0 miles)
6111 Winsome Ln benefits from a deep renter pool, top-tier neighborhood amenity access, and proximity to major employers. The asset’s 1972 vintage is slightly newer than the neighborhood average stock, offering competitive positioning versus older product while still leaving room for system modernization and selective unit renovations. Neighborhood occupancy trends trail national medians, so value is driven by operational execution, renter targeting, and leveraging amenity convenience to support renewals.
Based on commercial real estate analysis from WDSuite, elevated ownership costs in the area and a high neighborhood renter-occupied share support multifamily demand, while 3-mile demographic growth and projected household expansion point to a larger tenant base over the medium term. Underwriting should account for safety considerations and rent-to-income management to balance pricing power with retention.
- Deep renter base and employer adjacency support demand and leasing velocity
- Amenity-rich Urban Core location aids marketing and renewals
- 1972 vintage offers value-add through system upgrades and selective interiors
- Demographic growth within 3 miles expands the tenant pool over time
- Risks: below-median neighborhood occupancy and safety context require proactive operations