| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 57th | Fair |
| Demographics | 24th | Poor |
| Amenities | 15th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 9255 W Sam Houston Pkwy S, Houston, TX, 77099, US |
| Region / Metro | Houston |
| Year of Construction | 1981 |
| Units | 60 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
9255 W Sam Houston Pkwy S Houston Workforce Multifamily
Neighborhood data indicates a very high share of renter-occupied housing, supporting depth of tenant demand even as occupancy trends are mixed, according to WDSuite’s CRE market data.
Positioned in Houston’s inner suburb fabric, the area around 9255 W Sam Houston Pkwy S functions as workforce housing with a renter-occupied share that is among the highest in the metro (measured at the neighborhood level). That depth typically supports leasing velocity and day‑to‑day occupancy stability, though investors should underwrite to neighborhood—not property—metrics when assessing exposure.
Amenity density is uneven: restaurants score competitively at the national level (93rd percentile), while cafes, groceries, pharmacies, parks, and childcare are limited within the neighborhood footprint. This mix suggests residents rely on nearby corridors for daily needs; assets that provide onsite conveniences or partnerships with local services can differentiate.
Compared with other Houston-The Woodlands-Sugar Land neighborhoods (1,491 total), overall neighborhood standing is below the metro median, and occupancy in the neighborhood tracks in the lower tier. Still, a rent-to-income ratio around 0.26 points to manageable affordability pressure, which can aid retention with disciplined lease management.
Within a 3‑mile radius, recent trends show modest population softness but a rising income trajectory and shrinking household size. Forecasts point to a slight uptick in population and a sizable increase in household count, implying a larger tenant base even if headcount growth is modest. For multifamily investors, that combination typically supports demand resilience and incremental pricing power where unit quality and management execution are strong.
Safety indicators for the neighborhood rank below the metro median among 1,491 Houston-area neighborhoods and sit in the lower tiers nationally. In practical terms, this reflects comparatively higher reported incidents versus many peers and warrants thoughtful security planning, lighting, and operating protocols.
For investors, the key is comparative framing rather than block-level conclusions: the area is not among top-quartile safety performers nationally, so underwriting should incorporate provisions for security measures and community engagement, balanced against the strong renter demand profile.
Proximity to major corporate offices underpins commuter convenience and supports renter retention, notably across energy, foodservice distribution, and building services represented by National Oilwell Varco, Phillips 66, Sysco, and ABM.
- National Oilwell Varco Employees CU — financial services (0.45 miles)
- National Oilwell Varco — oilfield equipment (0.50 miles) — HQ
- Abm SSC — building services (0.54 miles)
- Phillips 66 — energy (3.92 miles) — HQ
- Sysco — foodservice distribution (6.35 miles) — HQ
This 60‑unit 1981 vintage asset sits within a neighborhood characterized by a very high share of renter-occupied units, pointing to a deep tenant base and steady demand for workforce housing. While the neighborhood’s occupancy ranks in the lower tier locally, proximity to multiple corporate employers and restaurant-dense corridors supports day‑to‑day leasing. According to CRE market data from WDSuite, neighborhood conditions favor renters, so value creation hinges on operations, targeted upgrades, and tenant retention.
The 1981 construction year suggests potential value‑add through interior modernization and systems updates, with capex planning essential. Within a 3‑mile radius, projections call for a slight rebound in population alongside meaningful household growth and smaller household sizes—dynamics that typically expand the renter pool and can support occupancy stability and measured rent growth for well-positioned units.
- Deep neighborhood renter base supports leasing durability
- Proximity to energy and service-sector employers underpins demand
- 1981 vintage offers value‑add potential via targeted renovations
- 3‑mile outlook shows more households and a larger tenant base
- Risks: below-median neighborhood safety and amenity gaps require active management