| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 51st | Fair |
| Demographics | 18th | Poor |
| Amenities | 76th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 6370 Windswept Ln, Houston, TX, 77057, US |
| Region / Metro | Houston |
| Year of Construction | 1974 |
| Units | 109 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
6370 Windswept Ln Houston Multifamily Value-Add Play
Strong renter concentration and everyday amenity access support demand stability for this Houston urban-core asset, according to WDSuite’s CRE market data.
Positioned in Houston’s Urban Core, the property benefits from a deep renter pool and everyday conveniences that underpin leasing. Neighborhood occupancy trends sit in the low‑90% range, and the share of housing units that are renter‑occupied is very high, indicating a sizable tenant base and potential for steady absorption across cycles.
Access to daily needs is a clear strength: grocery and pharmacy density ranks among the top percentiles nationally, and dining options are similarly abundant. Park access is limited within the immediate neighborhood, which may reduce open‑space appeal but is offset by proximity to services and employment corridors. Average school ratings in the neighborhood are below national norms; investors should consider this when positioning for tenant profiles less sensitive to school quality.
The 1974 vintage is older than the neighborhood’s average construction year. That typically implies near‑term and ongoing capital needs but also creates value‑add and renovation potential to differentiate against older stock. Median home values in the neighborhood are lower than many prime Houston submarkets; in practice, this can create some competition with ownership alternatives, yet it also allows well‑positioned rentals to compete on total monthly cost and convenience.
Demographic statistics aggregated within a 3‑mile radius indicate modest population growth and an increase in households alongside declining average household size. This combination points to a larger tenant base and more renters entering the market, supporting occupancy stability and lease‑up velocity. Median incomes in the 3‑mile area outpace the immediate neighborhood’s figures, broadening the addressable renter spectrum for renovated units.
Relative to Houston’s metro neighborhoods, local safety indicators track below the metro median and sit in lower national percentiles, reflecting elevated reported crime compared with many neighborhoods nationwide. For investors, this typically argues for enhanced onsite management practices, lighting and access controls, and resident engagement to support retention and leasing.
Trend monitoring is important: some property and violent offense measures have shown recent increases at the neighborhood level. Operators often offset these headwinds through targeted upgrades and partnerships with local safety resources, while emphasizing the property’s commute convenience and amenity access in marketing.
The immediate area draws from a concentrated employment base in energy and corporate services, supporting workforce housing demand and short commute times for residents. Notable nearby employers include Quanta Services, Apache, Prudential, Occidental, and Phillips 66.
- Quanta Services — energy infrastructure (2.2 miles) — HQ
- Apache — energy (2.4 miles) — HQ
- Prudential — financial services (3.3 miles)
- Occidental — energy (3.9 miles)
- Phillips 66 — energy (4.0 miles) — HQ
This 109‑unit, 1974‑vintage asset offers a value‑add angle in a renter‑heavy Houston Urban Core neighborhood with solid amenity access. Based on CRE market data from WDSuite, neighborhood occupancy is in the low‑90% range and the renter‑occupied share is very high, indicating depth of demand for multifamily housing. The vintage suggests capital planning for building systems and interiors, with renovations likely to improve competitive positioning against nearby older stock.
Within a 3‑mile radius, population and household counts have been rising and are projected to continue growing, while average household size declines—dynamics that typically expand the renter pool and support occupancy stability. Ownership costs in the immediate neighborhood are relatively accessible compared with high‑cost Houston enclaves, which can create some competition with entry‑level ownership; however, renovated rentals can retain pricing power through convenience, professional management, and proximity to employment. Affordability pressure should be managed thoughtfully through unit mix, value‑add scope, and lease management discipline.
- Renter‑heavy neighborhood and low‑90% occupancy support demand stability
- 1974 vintage enables value‑add and repositioning to outcompete older stock
- Amenity‑rich urban location with strong grocery, pharmacy, and dining access
- Expanding 3‑mile renter pool from population and household growth supports leasing
- Risks: below‑average safety metrics, lower school ratings, and affordability pressure require active management