| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 55th | Best |
| Demographics | 43rd | Good |
| Amenities | 44th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2750 Montgomery Rd, Huntsville, TX, 77340, US |
| Region / Metro | Huntsville |
| Year of Construction | 2004 |
| Units | 28 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2750 Montgomery Rd Huntsville Multifamily Investment
Renter-occupied housing is prevalent in the surrounding neighborhood, supporting a durable tenant base even as occupancy has been softer than national norms, according to WDSuite’s CRE market data. The 2004 vintage positions this asset competitively versus older local stock with potential to capture steady demand.
The property sits in an Inner Suburb neighborhood rated A and ranked 3rd among 24 Huntsville neighborhoods—competitive at the metro level based on WDSuite’s CRE market data. Neighborhood-level occupancy has trended below national averages in recent years, but a high share of renter-occupied units indicates depth in the tenant pool and supports leasing resilience for well-managed assets.
Daily needs are convenient: grocery and pharmacy access rank at the top of the metro and test strong nationally, while restaurants are similarly plentiful. Parks, cafes, and childcare options are thinner locally, so on-site amenities and resident programming can help enhance retention. School ratings are not available for this neighborhood; investors should underwrite with sensitivity to limited published school data.
The asset’s 2004 construction is newer than the area’s average vintage (1970s), suggesting competitive positioning versus older stock. Investors should still plan for mid-life system updates and selective modernization to drive rent premiums and support occupancy stability.
Within a 3-mile radius, population and households have grown meaningfully over the last five years with further increases projected, expanding the renter pool. Median contract rents have risen from a low base and are expected to continue at a measured pace, while incomes are projected to rise, which can support lease performance. Given the neighborhood’s higher renter concentration, multifamily demand should remain supported by a steady inflow of renters.
Neighborhood safety measures sit around the metro middle (ranked 12th of 24), translating to a comparative, not exceptional, profile within Huntsville. Nationally, indicators are roughly mid-range, with recent year-over-year declines in both violent and property offenses pointing to improving trends rather than a structural shift.
Investors should evaluate property-level security, lighting, and access controls in line with standard underwriting. Trend improvements are constructive, but risk management and community engagement remain important to support retention.
Regional employment is anchored by energy and healthcare corporate offices within commuting range, supporting workforce housing demand and lease stability. Nearby employers include National Oilwell Varco, Anadarko Petroleum, and McKesson Specialty Health.
- National Oilwell Varco — energy equipment & services (24.9 miles)
- Anadarko Petroleum — energy (37.6 miles) — HQ
- McKesson Specialty Health — healthcare distribution & services (37.8 miles)
This 28-unit, 2004-vintage asset benefits from a renter-heavy neighborhood and a growing 3-mile demand base, with household and population gains translating into a larger tenant pool. Neighborhood NOI-per-unit performance is among the strongest in the metro, and grocery/restaurant access supports everyday livability that can aid retention. According to CRE market data from WDSuite, neighborhood occupancy has been softer than national norms, suggesting prudent lease-up and renewal assumptions, but the area’s high renter concentration provides depth for well-managed operations.
The 2004 construction is competitive versus the neighborhood’s older housing stock and offers value-add potential through targeted renovations and mid-life system upgrades. Ownership costs in the area are elevated relative to incomes, reinforcing reliance on rental housing; underwriting should balance pricing power with rent-to-income considerations to manage retention risk.
- Renter-heavy neighborhood and expanding 3-mile renter pool support demand
- 2004 vintage offers competitive positioning and targeted value-add upside
- Strong metro-relative NOI-per-unit with convenient grocery, pharmacy, and dining access
- Risks: softer neighborhood occupancy, affordability pressure, and limited parks/cafes—underwrite renewals and amenities accordingly