| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 35th | Poor |
| Demographics | 29th | Poor |
| Amenities | 31st | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 6255 W Airport Blvd, Houston, TX, 77035, US |
| Region / Metro | Houston |
| Year of Construction | 1983 |
| Units | 72 |
| Transaction Date | 1998-10-30 |
| Transaction Price | $81,100 |
| Buyer | SARGANIS CONSTANTINE A |
| Seller | WINSAUER WELDON |
6255 W Airport Blvd Houston Multifamily Investment
Renter demand is supported by a high neighborhood share of renter-occupied units and improving occupancy trends, according to WDSuite’s CRE market data. This positioning can aid income durability even as operators manage affordability and amenity trade-offs.
The property sits in an inner-suburban pocket of Houston where grocery access is strong while lifestyle amenities like parks, cafes, and restaurants are thinner. That mix supports daily convenience for residents but may require operators to emphasize on-site features to compete with amenity-rich submarkets.
At the neighborhood level, rental housing plays an outsized role: renter-occupied units account for a majority of housing, indicating a deep tenant base and potential leasing velocity for multifamily assets. Neighborhood occupancy has trended upward in recent years, a constructive sign for stability even if headline occupancy remains below stronger Houston submarkets.
Within a 3-mile radius, recent years show population softening but with projections pointing to an increase in households and higher median incomes by 2028. Smaller average household sizes are expected, which typically expands the renter pool and can support absorption of one- and two-bedroom units. Median contract rents in the area are projected to rise, reinforcing the case for disciplined revenue management rather than outsized rent pushes.
School ratings and broader demographic scores trail national averages, which can influence perceived neighborhood quality for some renters. For investors, that suggests focusing on affordability, responsive management, and value-oriented renovations to drive retention and reduce turnover versus competing primarily on premium lifestyle positioning. Homeownership costs in the immediate area are relatively accessible, which can create competition with entry-level ownership; pricing and amenity strategy should reflect that dynamic to sustain leasing momentum.
Safety indicators place the neighborhood in a weaker tier relative to many areas nationally, and below the metro average among the 1,491 Houston neighborhoods. For underwriting and operations, this typically calls for tighter access control, lighting, and community engagement to support resident comfort and retention.
Investors should evaluate recent, property-specific incident trends and any management-led measures, as neighborhood-level crime can vary by block and improve with targeted interventions and consistent on-site presence.
Nearby employment is anchored by energy and corporate services nodes that support commuter demand for workforce housing, including National Oilwell Varco, ABM SSC, Quanta Services, Occidental, and the National Oilwell Varco Employees CU.
- National Oilwell Varco Employees CU — financial services (4.6 miles)
- National Oilwell Varco — oilfield services (4.7 miles) — HQ
- Abm SSC — facilities services (4.8 miles)
- Quanta Services — infrastructure services (6.7 miles) — HQ
- Occidental — energy (7.2 miles)
6255 W Airport Blvd offers scale for a mid-size asset (72 units) in a renter-heavy neighborhood where occupancy has been improving and grocery access is strong. The 1983 vintage points to targeted capital planning—unit refreshes, energy systems, and curb appeal—to capture value-add upside while remaining competitive against older stock nearby. According to commercial real estate analysis from WDSuite, local rents are on a rising trajectory and household growth within a 3-mile radius is expected to expand the tenant base, supporting revenue management and lease-up durability.
Counterweights include below-metro safety positioning, fewer lifestyle amenities in the immediate area, a higher rent-to-income environment for some households, and relatively accessible ownership options that can compete with entry-level rents. These factors argue for disciplined underwriting, focus on retention, and operational differentiation.
- Renter-heavy neighborhood and improving occupancy support stable leasing
- 1983 vintage with clear value-add and systems-upgrade pathways
- Household growth and rising area rents bolster revenue management
- Operational focus needed around safety, affordability pressure, and ownership competition