| 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 | 2025-09-05 |
| Transaction Price | $1,729,000 |
| Buyer | SAKS INWOOD INVESTMENTS LLC |
| Seller | AVAK IVT INVESTMENTS LLC |
7830 Bayou Forest Dr Houston Multifamily Investment
Neighborhood occupancy is firm and renter demand is broad-based in this inner-suburban pocket of Houston, according to WDSuite’s CRE market data. Focus is on steady leasing rooted in local workforce proximity rather than luxury-driven growth.
The property sits in an Inner Suburb of Houston where neighborhood occupancy is in the upper half of peer areas nationally, supporting baseline leasing stability. Grocery access is strong for daily needs, while cafes, parks, and pharmacies are limited nearby—an amenity mix that favors value-oriented housing over lifestyle positioning. Neighborhood ranks are measured against 1,491 metro neighborhoods and indicate a setting that is above the metro median for housing fundamentals but more utilitarian on amenities.
Within a 3-mile radius, demographics point to modest population growth and a rising household count, which expands the tenant base and supports occupancy. Household sizes are stable to slightly smaller over time, a pattern that can add demand for professionally managed multifamily as more households seek attainable units without ownership commitments.
Home values in the area are not among the region’s highest, which can introduce some competition from entry-level ownership. For investors, this typically translates to a focus on value and service to retain residents, with pricing power tied to unit quality and management execution rather than premium amenity premiums. Rent-to-income levels indicate manageable affordability pressure, aiding renewal strategies when paired with disciplined rent-setting.
The asset’s 1985 vintage is slightly newer than the neighborhood’s average housing stock from the late 1970s. That positioning can be competitive versus older product while still leaving room for targeted modernization (exteriors, common areas, and systems) to drive rent-quality alignment and reduce long-run capital surprises.
Safety indicators for the neighborhood track below the national median and below the metro median among 1,491 Houston-area neighborhoods, signaling an area with elevated crime relative to stronger-performing submarkets. Nationally, the neighborhood sits in lower safety percentiles, so investors often plan for visibility, lighting, and access controls to support resident retention and asset performance.
Year-over-year estimates show property and violent offense rates have moved higher recently, underscoring the importance of on-site management practices and partnership with local resources. Framed as an operational consideration, these measures can mitigate risk and help maintain leasing momentum even when broader safety metrics are weaker.
Nearby employers form a diversified base across energy, utilities, and financial services, supporting workforce housing demand and commute convenience for residents. The list below reflects key corporate offices within a short drive that can underpin leasing and retention.
- Emerson Process Management — process automation (4.2 miles)
- Enterprise Products — midstream energy (4.8 miles)
- ExxonMobil - Brookhollow Campus — energy offices (5.1 miles)
- Centerpoint Energy — utility (5.7 miles)
- Wells Fargo Advisors — financial services (7.1 miles)
This 24-unit asset, built in 1985, aligns with workforce demand drivers in an Inner Suburb location where neighborhood occupancy trends sit above national medians and renter concentration is meaningful. Based on CRE market data from WDSuite, the submarket’s stability is tied to proximity to major employers and daily-needs retail rather than lifestyle amenities, suggesting a strategy focused on reliable operations, service, and selective upgrades.
Within a 3-mile radius, recent population and household growth point to a larger tenant base ahead, reinforcing leasing durability for well-managed properties. Ownership costs in the area are relatively accessible for Houston, which can create competition for some renters; however, prudent rent positioning, refreshed unit finishes, and attention to safety and curb appeal can sustain retention and reduce downtime.
- Occupancy and renter demand supported by neighborhood fundamentals rather than discretionary amenities
- 1985 vintage offers value-add potential via targeted modernization and systems planning
- Proximity to diversified employers underpins leasing, especially for workforce households
- Manageable rent-to-income dynamics favor renewal strategies with disciplined rent-setting
- Risks: below-median safety metrics and some competition from entry-level ownership options