| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 67th | Best |
| Demographics | 16th | Poor |
| Amenities | 43rd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 7630 Amelia Rd, Houston, TX, 77055, US |
| Region / Metro | Houston |
| Year of Construction | 2012 |
| Units | 36 |
| Transaction Date | 2013-07-08 |
| Transaction Price | $2,848,100 |
| Buyer | JPA 7630 LLC |
| Seller | 7630 AMELIA LLC |
7630 Amelia Rd Houston Multifamily Investment
Neighborhood fundamentals point to a deep renter base and durable demand, with a high share of renter-occupied housing units in the area according to WDSuite’s CRE market data.
Located in Houston’s inner suburbs, the surrounding neighborhood is rated B- and sits roughly mid-pack in the metro (ranked 722 of 1,491 neighborhoods). For investors, that positioning suggests balanced fundamentals with room for selective value creation.
Everyday convenience is a relative strength: restaurant density ranks in the top quartile nationally and cafes and childcare are also above national averages, while grocery access is solid. By contrast, parks and pharmacies are less prevalent locally than in most U.S. neighborhoods, which may shape resident lifestyle expectations and amenity programming on site.
Multifamily demand looks supported by tenure patterns: the neighborhood shows a high renter-occupied share (71.8% of housing units), indicating a broad tenant base and potential for steady leasing velocity. Reported neighborhood occupancy is in the high-80s and has softened modestly over five years, a factor to monitor in underwriting and lease management.
Within a 3-mile radius, households have grown in recent years and are projected to expand further by the next five-year horizon, even as average household size trends smaller. That mix typically supports a larger pool of renters and unit turnover opportunities. Elevated home values relative to local incomes at the neighborhood level signal a high-cost ownership market, which can reinforce reliance on rental options and support pricing power for well-positioned assets.
Safety indicators trail national norms here, and the neighborhood ranks below the metro median (crime rank 1,056 out of 1,491 Houston-area neighborhoods). Nationally, the area sits in a lower safety percentile, pointing to higher reported offense rates relative to many U.S. neighborhoods.
Recent data also show year-over-year increases in both property and violent offense estimates. For investors, this primarily affects operational planning, including security measures, insurance assumptions, and resident communications. Monitoring trend direction and sub-neighborhood variation is prudent when assessing risk and mitigation strategies.
Proximity to major energy and financial services employers supports workforce housing demand and commute convenience for residents, including ExxonMobil, Wells Fargo Advisors, Prudential, Group 1 Automotive, and Apache.
- ExxonMobil - Brookhollow Campus — energy (1.6 miles)
- Wells Fargo Advisors — financial services (3.2 miles)
- Prudential — insurance (3.8 miles)
- Group 1 Automotive — automotive retail (4.3 miles) — HQ
- Apache — energy (4.4 miles) — HQ
Built in 2012, the property is materially newer than the area’s 1970s-era average stock, which can offer competitive positioning on unit finishes, systems, and operating efficiency. The surrounding neighborhood shows a high concentration of renter-occupied units and solid amenity access, supporting tenant demand and day-to-day livability. According to CRE market data from WDSuite, neighborhood occupancy sits in the high-80s and has eased slightly over five years, suggesting a focus on resident retention and targeted leasing strategies.
Within a 3-mile radius, recent growth in households and projections for further expansion point to a larger tenant base ahead, even as household sizes trend smaller. At the same time, elevated ownership costs relative to incomes at the neighborhood level tend to sustain reliance on rental housing, while higher rent-to-income levels call for careful pricing, value-add scope, and renewal management to support occupancy stability.
- 2012 vintage offers a competitive edge versus older neighborhood stock, with potential operational efficiencies and market appeal.
- High renter-occupied share in the neighborhood supports depth of demand and leasing velocity.
- Amenity-dense corridor (strong food, cafe, and childcare access) enhances livability and resident retention.
- 3-mile household growth and projected expansion indicate a growing renter pool and future leasing pipeline.
- Risks: below-average safety metrics and higher rent-to-income ratios require prudent security planning and disciplined revenue management.