| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 41st | Poor |
| Demographics | 10th | Poor |
| Amenities | 13th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 7320 Jensen Dr, Houston, TX, 77093, US |
| Region / Metro | Houston |
| Year of Construction | 2005 |
| Units | 96 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
7320 Jensen Dr, Houston TX Multifamily Investment
Investor profile: stable renter demand supported by a high neighborhood renter-occupied share and proximity to Houston s employment core, according to WDSuite s CRE market data.
This Inner Suburb location sits within a neighborhood rated D and ranked 1,461 among 1,491 metro neighborhoods, indicating below-median fundamentals but with specific strengths for workforce housing. Grocery access is comparatively strong (national top quartile by density), while cafes, restaurants, parks, and pharmacies are sparse, which points to car-reliant living and operational focus on value-oriented amenities.
The property s 2005 vintage is newer than the neighborhood s average construction year (1965). That typically supports competitive positioning versus older stock, though investors should still plan for mid-life system updates or selective renovations to meet current renter expectations.
Neighborhood occupancy is 86.7% (neighborhood-level, not the property) and has edged up over five years, yet remains below many Houston peers. Counterbalancing this, the renter-occupied share is 67.6% (top decile nationally), which signals a deep tenant base and potential leasing velocity for well-managed units. Median asking rents in the area remain toward the lower half of the national distribution, aligning the asset with value-driven renter demand.
Within a 3-mile radius, households have grown while population has slipped modestly, suggesting smaller household sizes and diversification of renter profiles. Forecasts indicate further increases in household count and a rising share of renter-occupied housing within this radius, supporting a broader tenant pool and aiding occupancy stability over time. School ratings trend toward the lower end of the national range; operators may find value in community engagement and on-site programming rather than relying on school-driven demand. For multifamily property research, these dynamics point to workforce-oriented positioning with careful expense control and pragmatic amenity strategy.
Safety metrics for the neighborhood track below both national and Houston metro averages overall. By rank, the area sits in the lower tier among 1,491 metro neighborhoods, and national percentiles indicate elevated violent and property offense exposure relative to many U.S. neighborhoods. Year-over-year estimates show property offenses rising modestly and a more pronounced uptick in violent offenses, underscoring the importance of on-site security measures, lighting, and resident screening to support retention and leasing performance.
Investors should interpret these as neighborhood-level indicators rather than property-specific risk. Operators who budget for security enhancements and cultivate strong local partnerships typically see more resilient outcomes in comparable settings.
Nearby energy and infrastructure headquarters create a sizable white-collar and technical employment base that supports renter demand and commute convenience. The immediate cluster includes Calpine, NRG Energy, Targa Resources, Kinder Morgan, and EOG Resources.
- Calpine power generation (4.6 miles) HQ
- NRG Energy energy (4.9 miles)
- Targa Resources midstream energy (4.9 miles) HQ
- Kinder Morgan pipelines & terminals (4.9 miles) HQ
- Eog Resources upstream energy (4.9 miles) HQ
7320 Jensen Dr offers a workforce-oriented thesis: a newer 2005 vintage relative to surrounding housing stock, access to a deep renter pool, and proximity to a major employment cluster. Neighborhood occupancy is measured at 86.7% (neighborhood-level), and the renter-occupied share is high, which together suggest demand depth even if lease-up may require competitive pricing and active management. Grocery access is solid while lifestyle amenities are limited, favoring an operational focus on essentials. According to CRE market data from WDSuite, rent levels in the neighborhood sit around the national mid-to-lower range, supporting value positioning with disciplined expense control.
The long-term case hinges on serving price-sensitive renters with reliable operations and targeted upgrades. While the 2005 build should stand competitively versus older stock, investors should plan for mid-life capital items and consider security enhancements given neighborhood safety trends. Within a 3-mile radius, household counts have been rising and are projected to continue increasing with smaller average household sizes, which can expand the renter pool and support occupancy stability over time. Home ownership costs in the area are comparatively accessible, which can introduce competition with entry-level ownership; consistent resident experience and thoughtful renewals will be important to retention.
- Newer 2005 vintage than area norms, supporting competitive positioning versus older stock
- High neighborhood renter-occupied share signals depth of tenant base and leasing velocity potential
- Proximity to downtown energy employers supports demand and commute convenience
- Value-oriented rent context can aid occupancy and retention with disciplined operations
- Risk: below-average safety metrics and limited lifestyle amenities require active management and security planning