| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 51st | Fair |
| Demographics | 18th | Poor |
| Amenities | 76th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 6333 Windswept Ln, Houston, TX, 77057, US |
| Region / Metro | Houston |
| Year of Construction | 1980 |
| Units | 112 |
| Transaction Date | 2007-05-23 |
| Transaction Price | $3,550,000 |
| Buyer | HOUSTON C W APARTMENTS CORP |
| Seller | KATY INN INC |
6333 Windswept Ln, Houston Multifamily Investment
Neighborhood renter-occupied housing is prevalent and occupancy has held solid at the neighborhood level, supporting durable demand, according to WDSuite’s CRE market data.
Situated in Houston’s Urban Core, the property benefits from a renter-driven submarket. Within a 3-mile radius, renter-occupied units comprise a substantial share of housing, indicating a deep tenant base and reinforcing leasing stability for multifamily assets rather than owner-occupied competition.
Daily needs are well served: grocery and pharmacy density ranks near the top among 1,491 Houston metro neighborhoods and sits in the top national quartile, while restaurants and cafes are also above typical national concentrations. This convenience supports resident retention and reduces friction in lease-ups.
At the neighborhood level, occupancy trends are healthy relative to many urban districts, aiding cash flow predictability. School ratings are below national averages, which can temper some family-driven demand, but proximity to jobs and services often sustains workforce-oriented renter interest.
Three-mile demographics point to steady population growth with a notable projected increase in households by 2028, expanding the renter pool. Median contract rents in the radius have risen, yet remain balanced against incomes, suggesting manageable affordability pressure and room for disciplined revenue management rather than outsized near-term pricing power.
Ownership costs in the immediate neighborhood are comparatively accessible versus high-cost coastal markets, which can create some competition from entry-level ownership. Even so, the strong renter concentration and local amenity depth support ongoing multifamily demand and tenant retention.
Safety indicators for the neighborhood trend below both metro and national averages. Compared with other areas of the Houston metro (1,491 neighborhoods), crime ranks in the lower-performing tiers, and national percentiles indicate weaker safety positioning.
Recent year-over-year change estimates show property and violent offenses moving higher at the neighborhood level. For underwriting, investors typically account for this by emphasizing security line items, lighting and access controls, and coordination with local initiatives. Performance can still be durable where demand drivers are strong, but risk management and operational controls are important.
Nearby corporate offices form a diversified white-collar employment base that supports renter demand through short commutes and a broad mix of professional services. Employers include Quanta Services, Apache, Prudential, Occidental, and Phillips 66.
- Quanta Services — infrastructure services (2.1 miles) — HQ
- Apache — energy (2.3 miles) — HQ
- Prudential — financial services (3.2 miles)
- Occidental — energy (3.8 miles)
- Phillips 66 — energy (4.2 miles) — HQ
6333 Windswept Ln offers scale for operating efficiency with 112 units in a renter-heavy urban neighborhood. Neighborhood occupancy has been steady, local amenities are dense, and the 3-mile radius shows population growth with a projected increase in households—factors that expand the tenant base and support leasing stability. According to CRE market data from WDSuite, rent levels and incomes in the radius indicate manageable affordability pressure, suggesting potential for disciplined rent optimization rather than aggressive push pricing.
Counterweights to consider include below-average school ratings and weaker safety metrics relative to metro and national benchmarks, which argue for enhanced property operations and security capex. Overall, proximity to major employers, deep renter concentration, and service-rich surroundings underpin a pragmatic long-term thesis focused on cash flow durability with targeted value-add execution.
- Renter-heavy neighborhood and steady occupancy support leasing stability
- Dense groceries, pharmacies, and dining aid retention and absorption
- 3-mile population growth and household expansion enlarge the tenant base
- Nearby corporate employers provide commute convenience for residents
- Risk: safety metrics trail metro/national norms—plan for security and OPEX