| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 45th | Poor |
| Demographics | 32nd | Fair |
| Amenities | 26th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1900 N Winfree St, Dayton, TX, 77535, US |
| Region / Metro | Dayton |
| Year of Construction | 1996 |
| Units | 48 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1900 N Winfree St Dayton Multifamily Investment
Neighborhood occupancy trends point to steady renter demand relative to national norms, according to WDSuite’s CRE market data. This positions the asset for stable leasing dynamics while allowing selective value-add to capture incremental rent.
Situated in a suburban pocket of the Houston-The Woodlands-Sugar Land metro, the neighborhood shows occupancy strength that benchmarks above many U.S. areas, supporting day-to-day leasing stability. At the same time, amenity density is modest (limited parks, pharmacies, and cafes nearby), so most daily needs are satisfied by a broader trade area rather than immediate walkability.
The property’s 1996 vintage is newer than the neighborhood’s average construction year of 1979, which can enhance competitive positioning versus older stock. Investors should still plan for targeted system updates and common-area refreshes typical of late-1990s assets to maintain leasing appeal and operational resilience.
Within a 3-mile radius, the share of housing units that are renter-occupied is roughly three in ten, indicating a defined but not saturated renter base that can support absorption without excessive turnover risk. Over the last period, household counts increased even as total population edged down, signaling smaller household sizes and a broader count of households entering the market — a setup that can expand the tenant base and support occupancy. Forward-looking estimates indicate additional growth in households, which would add depth to the renter pool and sustain leasing stability.
Ownership costs in the area are not low by national benchmarks, yet rent-to-income levels remain relatively manageable for many households. For investors, this combination supports retention and consistent collections, though it may temper short-term pricing power. School ratings in the neighborhood benchmark below national averages, which could influence appeal for some family renters; positioning toward workforce and value-oriented segments can help align with local demand.
Safety indicators for the neighborhood, when compared nationally, benchmark above the U.S. median, with both violent and property offense measures tracking in stronger (safer) percentiles. While year-over-year changes can be volatile at the neighborhood scale, the broader read suggests conditions that are competitive among Houston-area neighborhoods and supportive of resident retention. Investors should continue to monitor trends as part of routine risk management.
Proximity to regional employers supports commute convenience for renters, with roles spanning logistics, energy services, and corporate operations. The companies listed below represent nearby demand drivers that can aid leasing and retention.
- FedEx Office Print & Ship Center — logistics & office services (17.4 miles)
- Air Products — industrial gases (22.0 miles)
- Halliburton — energy services (28.0 miles) — HQ
- Calpine Turbine Maintenance Group — power generation services (32.9 miles)
- Anadarko Petroleum — energy (34.2 miles) — HQ
This 48-unit asset combines a stable neighborhood occupancy backdrop with a vintage that is competitive versus older local stock. According to CRE market data from WDSuite, neighborhood occupancy benchmarks above national norms, supporting day-to-day leasing stability. The 1996 construction provides a platform for targeted interior and common-area upgrades to capture value-add upside while preserving operational reliability.
Within a 3-mile radius, renter-occupied housing forms a meaningful share of the market and household counts have increased, expanding the tenant base even amid modest population shifts. Ownership remains relatively high in the area, but rent-to-income levels appear manageable, which can support resident retention. Offsetting factors include lower school ratings and lighter amenity density, suggesting an emphasis on pragmatic, value-oriented positioning and asset-level improvements to differentiate.
- Occupancy strength supports leasing stability relative to national benchmarks.
- 1996 vintage offers value-add potential versus older neighborhood stock.
- Expanding household counts within 3 miles signal a larger renter pool over time.
- Rent-to-income levels favor retention, aiding collections and cash-flow consistency.
- Risks: lower school ratings and limited nearby amenities may temper some demand segments.