| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 61st | Good |
| Demographics | 35th | Fair |
| Amenities | 39th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 8923 Antoine Dr, Houston, TX, 77088, US |
| Region / Metro | Houston |
| Year of Construction | 1983 |
| Units | 40 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
8923 Antoine Dr, Houston TX Multifamily Snapshot
Neighborhood occupancy is competitive among Houston submarkets and supports steady leasing, according to WDSuites CRE market data, with renter demand reinforced by a high-cost ownership landscape in the area.
Located in an inner-suburb setting of Houston, the neighborhood posts occupancy that is competitive among 1,491 metro neighborhoods and sits above the national median, per WDSuite. For investors, that translates into supportive conditions for cash flow stability when operations are well managed. The 1983 vintage positions the asset slightly older than the neighborhoods average 1986 construction year, suggesting potential value-add and capital planning opportunities to refresh interiors, systems, and common areas to stay competitive.
Livability signals are mixed but workable for workforce housing. Grocery access is strong (top quartile nationally), while cafes, parks, and pharmacies are sparse within the immediate neighborhood footprint; these are neighborhood-level metrics, not property-specific. Average school ratings trend above the national median and are competitive among 1,491 Houston-area neighborhoods, providing a family-friendly anchor that can aid resident retention.
Tenure data indicates a meaningful share of housing units are renter-occupied at the neighborhood level, with national positioning above the median. For multifamily owners, that points to depth in the tenant base and supports ongoing leasing. Median contract rents in the neighborhood have trended upward over the past five years, while home values and a relatively high value-to-income ratio signal a high-cost ownership market that can sustain reliance on rental housinga positive for occupancy and renewal prospects.
Within a 3-mile radius, WDSuites demographics show modest population growth historically with further expansion projected, and households increasing alongside slightly smaller average household sizes over time. These dynamics imply a gradual renter pool expansion and support for occupancy stability and pricing power in line with metro conditions rather than speculative outperformance.
Safety outcomes in the neighborhood trail both national and metro medians, according to WDSuite. Compared with neighborhoods nationwide, the area sits in lower percentiles for safety, and within the Houston metro it ranks below the midpoint among 1,491 neighborhoods. Recent year-over-year estimates indicate increases in both violent and property offenses at the neighborhood level. Investors typically underwrite additional security measures, lighting, and monitoring, and may adjust operating strategies to support resident comfort and asset performance over time.
The nearby employment base spans energy, utilities, and professional services, offering diverse job nodes that support renter demand and commute convenience for residents, including Enterprise Products, Emerson Process Management, CenterPoint Energy, ExxonMobils Brookhollow campus, and Wells Fargo Advisors.
- Enterprise Products energy midstream (4.5 miles)
- Emerson Process Management industrial automation (4.6 miles)
- Centerpoint Energy utilities (5.0 miles)
- ExxonMobil Brookhollow Campus energy offices (6.1 miles)
- Wells Fargo Advisors financial services (8.2 miles)
8923 Antoine Dr combines neighborhood occupancy that is competitive among Houstons 1,491 neighborhoods with a renter base that supports ongoing demand. The 1983 vintage is slightly older than the neighborhoods average stock and presents a clear value-add pathway through unit and systems upgrades to strengthen positioning against newer comparables. According to CRE market data from WDSuite, elevated ownership costs relative to incomes at the neighborhood level reinforce reliance on multifamily, while steady 3-mile population and household growth point to a gradually expanding tenant base.
Operationally, strong grocery access and proximity to diversified employment nodes can aid retention and leasing, while modest amenity gaps and below-median safety metrics argue for disciplined security and community programming. Pricing and renewal strategies should consider neighborhood rent-to-income levels to protect occupancy while capturing measured rent gains.
- Competitive neighborhood occupancy supports steady leasing and cash flow potential
- 1983 vintage offers value-add upside via unit/interior and systems upgrades
- High-cost ownership landscape sustains renter reliance and renewal prospects
- Diverse nearby employers underpin demand and retention
- Risks: below-median safety and limited neighborhood amenities require active management and thoughtful security spend