| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 46th | Poor |
| Demographics | 22nd | Poor |
| Amenities | 42nd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 7330 Silent Wood Ln, Houston, TX, 77086, US |
| Region / Metro | Houston |
| Year of Construction | 1983 |
| Units | 28 |
| Transaction Date | 2009-07-09 |
| Transaction Price | $693,800 |
| Buyer | EI1 LLC |
| Seller | DAVID W PEARSON TRUST |
7330 Silent Wood Ln Houston 28-Unit Multifamily
Neighborhood fundamentals point to steady renter demand and above-median occupancy for the area, according to WDSuite’s CRE market data. The submarket’s accessible rents support retention while giving room for disciplined value-add positioning.
This inner-suburban Houston location offers everyday convenience with strong grocery access (high national percentile) and a solid restaurant mix, while parks, pharmacies, and cafes are less concentrated. For investors, that combination typically supports leasing with practical amenities nearby and fewer destination-driven traffic patterns to manage.
Area schools trend below the national median on average, which can influence family-oriented leasing strategies; however, occupancy for the neighborhood ranks in the upper range nationally (around the 70th percentile), signaling relatively stable unit absorption and renewal potential in this slice of the Houston-The Woodlands-Sugar Land metro, based on CRE market data from WDSuite.
Within a 3-mile radius, demographics show a broad working-age base and an estimated renter-occupied share around three in ten housing units, indicating a meaningful tenant pool for workforce-oriented product. Household growth and income gains in the radius over recent periods point to gradual renter pool expansion that can help support occupancy stability and measured rent growth management.
The asset’s 1983 vintage is older than the neighborhood’s average construction year (1989 across the metro comparison), which suggests clear value-add pathways and the need to plan for targeted capital expenditures. In a high-cost ownership context locally, elevated home values relative to incomes tend to reinforce reliance on rental options, which can support pricing power when upgrades are executed thoughtfully.
Safety trends are mixed and should be underwritten with care. The neighborhood’s overall crime rank is competitive among Houston neighborhoods (ranked 578 out of 1,491 metro neighborhoods), yet it sits below the national median for safety (around the 40th percentile), indicating conditions that are common in dense, working suburban corridors.
Property offenses have improved recently — the latest year shows a meaningful decline versus the prior year (top third nationally for improvement), which is a constructive trend to monitor for leasing and retention. Violent offense indicators remain weaker than national norms (lower national percentile), so investors typically account for enhanced lighting, access control, and community engagement in operating plans.
Proximity to established energy and technology employers supports a diversified renter base and commute convenience for workforce tenants, including CenterPoint Energy, Enterprise Products, Emerson Process Management, Hewlett Packard Enterprise, and ExxonMobil.
- CenterPoint Energy — utility (3.2 miles)
- Enterprise Products — midstream energy (3.6 miles)
- Emerson Process Management — industrial automation (4.8 miles)
- Hewlett Packard Enterprise Customer Engagement Center — technology (7.3 miles)
- ExxonMobil - Brookhollow Campus — energy (7.9 miles)
7330 Silent Wood Ln offers a practical workforce housing thesis in an inner-suburban Houston setting where neighborhood occupancy is above many U.S. areas and everyday retail access is strong. Renter demand is supported by a sizable working-age population within a 3-mile radius and an estimated renter-occupied share around 30% of housing units, helping sustain a reliable tenant base and renewal pipeline. According to WDSuite’s commercial real estate analysis, local rent levels remain accessible relative to incomes, which can aid retention while allowing targeted rent lifts tied to improvements.
Built in 1983, the property is older than the neighborhood’s average vintage, creating clear value-add and capital planning levers around interiors, building systems, and curb appeal to enhance competitive positioning. Forward-looking household growth within 3 miles indicates a larger renter pool over time, a constructive backdrop for occupancy stability provided operations account for safety perceptions and school quality in resident engagement and marketing.
- Occupancy in the neighborhood trends above many U.S. areas, supporting leasing stability and renewals.
- Workforce tenant base within a 3-mile radius and ~30% renter-occupied share underpin demand depth.
- 1983 vintage enables value-add upgrades and selective capex to drive rent and retention.
- Local ownership costs favor sustained rental reliance, aiding pricing power with improvements.
- Risks: safety ranks below national medians and lower school ratings; plan for security and resident programming.