| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 57th | Good |
| Demographics | 58th | Good |
| Amenities | 0th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 903 Dunson Glen Dr, Houston, TX, 77090, US |
| Region / Metro | Houston |
| Year of Construction | 1983 |
| Units | 32 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
903 Dunson Glen Dr Houston Multifamily Opportunity
Inner-suburb positioning offers commute convenience and steady renter demand; according to WDSuite’s CRE market data, neighborhood-level renter concentration supports leasing even as occupancy trends are moderate.
This Houston inner-suburb location balances workforce access with attainable rents. Neighborhood-level median contract rent sits in the mid-$1,000s, and home values are in a mid-range band for the region, which can sustain rental demand and support retention without overextending households. The area’s rent-to-income ratio indicates manageable affordability pressure, giving operators room to focus on leasing quality and renewal management rather than aggressive concessions.
Local amenity density inside the neighborhood footprint is limited (few walkable cafes, groceries, or parks), so residents typically rely on short drives along the metro’s arterial network. For investors, that places more weight on property-level amenities and onsite operations to differentiate, especially for lease-up and renewal conversion.
Tenure patterns point to a viable tenant base. At the neighborhood level, roughly two-fifths of housing units are renter-occupied, indicating depth without excessive concentration. Within a 3-mile radius, renters account for a majority of occupied housing units, enlarging the prospect pool for multifamily assets and supporting occupancy stability.
Demographic signals within a 3-mile radius are constructive: recent population and household counts have ticked higher, and forward-looking projections show additional population growth and a sizable increase in households. A gradually smaller average household size suggests more households relative to population, which typically expands the renter pool and underpins steady absorption for well-managed communities.
Vintage context matters. The property’s 1983 construction is older than the neighborhood’s average construction year, which implies potential value-add through unit renovations and systems upgrades. Thoughtful capital planning can reposition finishes and common areas to compete against newer stock while preserving a pricing spread that appeals to cost-conscious renters.
Safety indicators are mixed. Overall crime levels track near the middle of the pack within the Houston–The Woodlands–Sugar Land metro’s 1,491 neighborhoods, and recent data shows property offenses declining year over year, which is a constructive directional trend. At the same time, violent-offense comparisons are less favorable on a national basis, so prudent operators typically emphasize lighting, access control, and community engagement to support resident comfort and retention.
These observations reflect neighborhood-level conditions rather than the property itself and are directional in nature based on WDSuite’s validated CRE datasets.
Proximity to major energy and technology employers underpins workforce renter demand and commute convenience, notably Halliburton, CenterPoint Energy, Enterprise Products, Hewlett Packard Enterprise, and Emerson.
- Halliburton — energy services (6.7 miles) — HQ
- Centerpoint Energy — utility & energy (6.8 miles)
- Enterprise Products — midstream energy (8.9 miles)
- Hewlett Packard Enterprise Customer Engagement Center — technology offices (9.0 miles)
- Emerson Process Management — industrial automation (10.6 miles)
903 Dunson Glen Dr offers a workforce-oriented location with attainable rents and access to a broad tenant base. Neighborhood occupancy trends are moderate, but a majority renter-occupied share within a 3-mile radius and projected growth in households indicate steady leasing prospects for competitively positioned assets. According to CRE market data from WDSuite, rent levels and rent-to-income dynamics in this area support retention-focused operations over heavy concession strategies.
Built in 1983, the asset is older than the neighborhood’s average vintage, creating a clear value-add path through interior upgrades and targeted system improvements. Limited walkable amenities in the immediate area heighten the importance of onsite features and management quality; pairing refreshed units with reliable operations can capture demand from nearby energy and technology employment centers while maintaining a pricing spread to newer product.
- Workforce location with broad 3-mile renter base supporting steady absorption
- Attainable rent levels and manageable rent-to-income ratios aid renewal retention
- 1983 vintage offers value-add upside via unit and systems modernization
- Near major energy and tech employers, reinforcing weekday leasing demand
- Risks: moderate neighborhood occupancy and limited walkable amenities require strong onsite programming