| 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 Investment
Urban-core location with deep renter demand and value-add potential from a 1974 vintage, according to WDSuite’s CRE market data. Neighborhood occupancy is steady and amenity access is strong, supporting leasing durability relative to similar Houston submarkets.
This Urban Core neighborhood rates a B and sits above the metro median in overall standing among 1,491 Houston-area neighborhoods, per WDSuite. Grocery and restaurant density are competitive at the metro level and in the top quartile nationally, which supports day-to-day convenience and helps sustain multifamily renter appeal.
Neighborhood occupancy is 92.1%, indicating generally stable conditions for owners; this is a neighborhood-level metric, not specific to the property. Renter-occupied housing is very high by metro standards, signaling a large tenant base and helping underpin demand across economic cycles. School ratings trend below national averages, so marketing and positioning may lean more toward workforce and young adult households.
Construction trends skew slightly newer than this asset’s 1974 vintage (neighborhood average 1979). The earlier vintage can support a targeted value-add plan—modernize interiors, systems, and common areas—to improve competitive positioning versus newer stock while planning for capital needs typical of assets of this era.
Within a 3-mile radius, WDSuite data shows population and households have grown and are projected to continue increasing, with household sizes edging smaller. That translates to a larger renter pool and supports occupancy stability. Median home values in the immediate neighborhood are relatively modest for Houston, which can create some competition from entry-level ownership; however, it also widens the range of households that rely on rentals, reinforcing the depth of demand for well-managed communities.
Safety indicators for the neighborhood track below national benchmarks and sit below the metro median among 1,491 Houston neighborhoods, based on WDSuite data. This context suggests owners should emphasize proactive property management—lighting, access control, and resident engagement—to support retention and day-to-day operations.
While some property and violent offense measures have been elevated relative to U.S. neighborhoods overall, investors typically evaluate block-level conditions, recent trends, and on-site improvements when underwriting. Comparative due diligence against nearby Houston neighborhoods can help calibrate leasing assumptions and operating expenses.
- Quanta Services — engineering & infrastructure (2.3 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
Proximity to major energy and corporate employers supports commute convenience and broad renter demand, notably from Quanta Services, Apache, Prudential, Occidental, and Phillips 66.
The 1974 vintage and 109-unit scale position this asset for classic value-add execution: enhancing interiors and common areas to out-compete older peers while remaining priced under newer product. Neighborhood occupancy around 92% and a very high share of renter-occupied units indicate durable tenant depth, while strong amenity access (notably groceries and restaurants) supports leasing visibility. According to CRE market data from WDSuite, the surrounding 3-mile area shows ongoing population and household growth with smaller household sizes, which typically expands the renter pool and supports occupancy stability.
Counterpoints to underwrite include below-average school ratings, limited park access, and safety metrics that trail national norms, implying targeted operating practices and realistic expense reserves. Additionally, relatively accessible home values in the immediate area can create some competition with ownership, so positioning around convenience, amenity access, and renovated finishes can help sustain pricing power and retention.
- 1974 vintage offers clear value-add and CapEx planning opportunities to lift rentability versus older comps.
- Neighborhood occupancy near 92% and high renter concentration support leasing stability.
- Dense amenity access and proximity to major employers underpin everyday convenience and tenant retention.
- 3-mile population and household growth point to a larger tenant base and ongoing demand.
- Risks: below-national safety indicators, lower school ratings, and some competition from entry-level ownership options.