| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 63rd | Good |
| Demographics | 32nd | Fair |
| Amenities | 44th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 7211 Foxbrick Ln, Humble, TX, 77338, US |
| Region / Metro | Humble |
| Year of Construction | 2006 |
| Units | 80 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
7211 Foxbrick Ln, Humble TX Multifamily Opportunity
Neighborhood occupancy trends in the mid-90s suggest steady leasing and retention potential, according to WDSuite’s CRE market data. With a 2006 vintage and proximity to major employers, the asset is positioned to capture durable renter demand.
This Inner Suburb location in Humble sits above the national median on neighborhood occupancy, indicating a stable renter base and comparatively limited lease-up risk relative to many U.S. neighborhoods, based on CRE market data from WDSuite. At the neighborhood level, renter-occupied housing makes up roughly three-fifths of units, which supports depth of demand for multifamily product.
Livability is mixed but functional for workforce renters. Café density ranks in the top tail among metro peers (competitive nationally), while everyday retail like grocery, parks, and pharmacies is thinner within the immediate neighborhood. Investors should underwrite modest drive times for errands but can lean on area dining and service options to support resident satisfaction and renewal.
Rents sit near the mid-$1,100s at the neighborhood level, with the broader 3-mile radius registering around the low-$1,300s and showing multi-year growth. The neighborhood’s rent-to-income sits near one-fifth, which generally supports pricing power without overextending typical household budgets; pair this with above-median occupancy to frame revenue stability and measured rent trade-outs.
Asset vintage matters: the property’s 2006 construction is newer than the neighborhood average stock (late-1990s). That positioning can reduce immediate capital exposure versus older assets and supports competitive standing, while still allowing targeted value-add (interiors, common areas, systems) to drive rents. Within a 3-mile radius, demographics show population and households expanding over the last five years, with additional household growth projected — a setup that can enlarge the tenant base and support occupancy durability.
Safety signals trend positively in recent readings. On a national basis, the neighborhood aligns with the top quartile for comparative safety, and both violent and property offense estimates have improved year over year, according to WDSuite. These are neighborhood-level indicators rather than block-specific conditions, so underwriting should still account for property-level security and lighting.
Recent trend detail: estimated violent offense rates declined approximately 63% year over year, and estimated property offenses fell by roughly 46%. While continued monitoring is prudent, these directional shifts can aid leasing narratives and support resident retention.
The submarket draws from a diversified employment base tied to energy, logistics, and healthcare services — a mix that supports weekday traffic and steady renter demand. Key nearby employers include Halliburton, FedEx Office, McKesson Specialty Health, Anadarko Petroleum, and CenterPoint Energy.
- Halliburton — energy services (5.1 miles) — HQ
- FedEx Office Print & Ship Center — logistics & business services (8.3 miles)
- McKesson Specialty Health — healthcare services (13.4 miles)
- Anadarko Petroleum — energy (13.5 miles) — HQ
- Centerpoint Energy — utilities (14.1 miles)
7211 Foxbrick Ln offers an 80-unit, 2006-vintage profile in an Inner Suburb of the Houston metro where neighborhood occupancy runs above national medians and renter concentration is supportive of demand. The vintage positions the asset competitively versus older stock while leaving room for targeted value-add to push rents and enhance retention. According to CRE market data from WDSuite, neighborhood rents and occupancy indicate balanced affordability and stable absorption.
Within a 3-mile radius, recent population and household growth — with further household expansion projected — points to a larger tenant base over time. Nearby energy, logistics, and healthcare employers help sustain leasing velocity. Underwriting should consider limited immediate-neighborhood grocery and park access; however, café/restaurant density and regional connectivity help maintain renter appeal.
- 2006 vintage near metro employment centers supports competitive positioning with manageable capital planning and selective value-add upside.
- Above-median neighborhood occupancy and balanced rent-to-income support revenue stability and pricing power.
- 3-mile population and household expansion expands the renter pool and underpins leasing and retention.
- Diversified nearby employers (energy, logistics, healthcare) reinforce steady demand across cycles.
- Risk: limited immediate access to grocery/parks; plan for resident convenience solutions and security best practices.