| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 57th | Good |
| Demographics | 22nd | Poor |
| Amenities | 24th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 7830 Bayou Forest Dr, Houston, TX, 77088, US |
| Region / Metro | Houston |
| Year of Construction | 1985 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
7830 Bayou Forest Dr Houston Workforce Multifamily
Neighborhood occupancy trends sit above the metro median, pointing to steady renter demand in this inner-suburban pocket, according to CRE market data from WDSuite.
Houston’s inner-suburban setting around 7830 Bayou Forest Dr offers livability anchored by everyday convenience more than lifestyle retail. Grocery access is comparatively strong versus many U.S. neighborhoods, while parks, cafes, and pharmacies are limited nearby. For investors, this mix supports workforce housing demand even if entertainment amenities are not the primary draw.
Neighborhood occupancy is above the metro median among 1,491 Houston neighborhoods, indicating comparatively steady leasing and reduced downtime risk. The area’s renter-occupied share (measured at the neighborhood level) is elevated relative to national norms, which helps deepen the tenant base and can support renewal velocity. Median contract rents in the neighborhood register around the middle of national peers, suggesting room to compete on value while avoiding the premium tiers that can face sharper volatility.
Within a 3-mile radius, population and household counts have grown over the last five years and are projected to continue expanding, pointing to a larger tenant base over time. Rising household incomes in the 3-mile area further reinforce the potential for consistent absorption and rent collections, while a moderating average household size implies gradual diversification of unit demand.
Home values in the neighborhood sit below many coastal markets yet remain meaningful for local incomes, which tends to sustain reliance on multifamily rentals rather than shifting rapidly to ownership. With a rent-to-income profile near mid-range nationally, pricing power should be managed thoughtfully, but current levels support lease retention in stabilized operations.
Constructed in 1985, the property is newer than the neighborhood’s average vintage (1977). That relative youth can be a competitive advantage versus older stock, while still allowing for targeted modernization of systems and finishes to drive value-add returns.
Safety metrics for this neighborhood trend below national norms and are in the lower-performing tier within the Houston metro (measured against 1,491 neighborhoods). Nationally, the neighborhood sits well below the top quartiles for safety, so investors should underwrite enhanced operating practices.
Recent year-over-year readings indicate increases in both violent and property offenses. While crime can vary block to block, a conservative plan that may include lighting, access controls, and close coordination with residents is prudent to support retention and site reputation.
Nearby corporate nodes create a sizable employment base that supports renter demand and commute convenience for workforce residents. Key employers within a short drive include Emerson Process Management, Enterprise Products, ExxonMobil (Brookhollow campus), Centerpoint Energy, and Wells Fargo Advisors.
- Emerson Process Management — industrial automation (4.2 miles)
- Enterprise Products — midstream energy (4.8 miles)
- ExxonMobil - Brookhollow Campus — energy offices (5.1 miles)
- Centerpoint Energy — utilities (5.7 miles)
- Wells Fargo Advisors — financial services (7.2 miles)
This 24-unit, 1985-vintage asset competes as workforce housing in an inner-suburban Houston neighborhood where occupancy trends are above the metro median and the renter-occupied share is comparatively high. According to CRE market data from WDSuite, the neighborhood’s rent positioning is near the national middle, allowing owners to compete on value while maintaining leasing velocity. Within a 3-mile radius, population and household growth, alongside rising incomes, point to a larger tenant base and support occupancy stability.
Relative to the area’s older housing stock, a 1985 vintage can offer competitive positioning versus pre-1980 assets while leaving room for focused building systems and interior upgrades to drive value-add returns. With homeownership costs meaningful for local incomes and a rent-to-income profile near 0.20 at the neighborhood level, prudent rent management can balance retention with measured pricing power.
- Above-metro occupancy and strong renter concentration support stable leasing
- Expanding 3-mile population and households increase the local renter pool
- 1985 vintage enables targeted capex and interior upgrades for value-add
- Mid-market rent positioning supports competitive pricing and renewals
- Risks: below-average safety metrics and limited lifestyle amenities require enhanced security and hands-on management