| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 70th | Best |
| Demographics | 59th | Good |
| Amenities | 61st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 11020 Huebner Oaks, San Antonio, TX, 78230, US |
| Region / Metro | San Antonio |
| Year of Construction | 1994 |
| Units | 108 |
| Transaction Date | 2009-10-13 |
| Transaction Price | $124,500 |
| Buyer | VR VENTANA HOLDINGS LIMITED PARTNERSHIP |
| Seller | VENTA-FPM LP |
11020 Huebner Oaks San Antonio Multifamily Opportunity
Strong renter demand is supported by a high neighborhood renter-occupied share and proximity to major employers, according to WDSuite’s CRE market data. This positioning can aid occupancy stability even as the broader submarket normalizes under ongoing commercial real estate analysis.
The property sits in an Inner Suburb of San Antonio that rates A overall and is competitive among San Antonio-New Braunfels neighborhoods (ranked 39 out of 595). Amenity access is a local strength: restaurant and cafe density rank among the better-performing areas in the metro (both inside the more competitive cohort), helping support day-to-day convenience for residents and leasing appeal.
Renter concentration in the neighborhood is notably high. The share of housing units that are renter-occupied ranks near the top of the metro (23 out of 595) and sits in the top national percentiles. For investors, this indicates a deep tenant base and reinforces multifamily demand, though it also underscores the need for effective lease management as competition among rentals can be active.
Neighborhood occupancy is below the metro median (ranked 418 out of 595), signaling some softness relative to stronger submarkets. Still, household growth within a 3-mile radius has expanded in recent years with further increases projected, and median incomes are trending higher, which together support absorption and renewal prospects. According to WDSuite’s CRE market data, the area’s home values are elevated relative to incomes (high value-to-income ratio), which tends to sustain reliance on rental housing and can support pricing power when managed carefully.
Schools score around the middle of national peers, and everyday services are accessible with grocery and pharmacy density competitive among metro neighborhoods. Investors should note the property’s 1994 construction in a submarket where the average build year is 1999; the older vintage suggests potential value-add through targeted renovations and system updates to maintain competitive position against newer stock.
Relative to the San Antonio-New Braunfels region, the neighborhood’s safety profile is below metro averages (crime rank 396 out of 595). Nationally, safety indicators sit in low percentiles, signaling elevated incident rates versus many U.S. neighborhoods. For underwriting, this typically means emphasizing security, lighting, and resident engagement to support retention and asset performance.
One constructive trend: property offenses have declined year over year according to WDSuite’s data, suggesting some improvement in recent momentum. Even so, investors should incorporate appropriate operating assumptions and risk controls when planning budgets and marketing strategy.
The immediate area draws from a concentrated employment base anchored by financial services and energy, supporting workforce housing demand and commute convenience for renters. Nearby anchors include USAA Federal Savings Bank, USAA operations and headquarters, and Valero Energy, with additional corporate headquarters within a reasonable drive.
- USAA Federal Savings Bank — financial services (0.6 miles)
- Usaa Ops Building — financial services operations (0.9 miles)
- Usaa — financial services (1.1 miles) — HQ
- Valero Energy — energy (3.2 miles) — HQ
- Iheartmedia — media (7.1 miles) — HQ
This 108-unit, 1994-vintage asset benefits from a deep renter pool and proximity to major employers in San Antonio’s inner suburban corridor. The neighborhood shows high renter-occupied share and strong amenity access, while elevated ownership costs in the area reinforce reliance on multifamily housing. Although neighborhood occupancy trends are softer than the metro median, household growth within a 3-mile radius and rising incomes point to a larger tenant base over the medium term, supporting leasing velocity and renewals.
The older vintage relative to nearby product (average neighborhood build year is 1999) creates a practical value-add path via targeted interior updates and system modernization to compete with newer properties. According to CRE market data from WDSuite, local safety indicators lag the metro, so prudent operating plans—security, lighting upgrades, and community programming—are advisable to sustain retention and stabilize performance.
- Deep renter base in a high renter-occupied neighborhood supports demand and renewals
- Proximity to USAA and Valero employment nodes underpins steady leasing
- Elevated ownership costs locally favor rental housing and pricing power management
- 1994 vintage offers value-add potential via targeted renovations and system updates
- Risk: Below-metro safety and softer neighborhood occupancy require active leasing and operating controls