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About this visual Your Neighbor's LLC

The real housing story isn't institutional investors — it's the 16% of homes held by small investor LLCs that nobody talks about.

Body / subject: Your Neighbor's LLC

Data / source: Harris County Appraisal District (HCAD) 2024 Certified Roll

First published: date not yet reconciled · Updated Feb 26, 2026

Entity name normalization, LLC detection, national SFR operator fuzzy matching, and cluster-by-shared-mailing-address across 1.14M SFR parcels (state class A1/A2). Institutional threshold: 25+ homes per cluster.

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LocalInsights.ai · Houston Housing Harris County · 1,139,055 Parcels · HCAD 2024

Your
Neighbor's
LLC

Every headline blames Wall Street.
The data says something different.

3 in 100 Houston homes are owned
by a corporation with 25+ properties.

16 in 100 are owned by the
smaller landlord nobody talks about.

81 Individual ownerLives there, or owns one rental
12 Small investor2–5 homes · usually an LLC
4 Mid investor6–24 homes · your neighbor's side business
3 Corporate landlord25+ homes · the Wall Street villain