| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 53rd | Fair |
| Demographics | 55th | Good |
| Amenities | 31st | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 12301 Blanco Rd, San Antonio, TX, 78216, US |
| Region / Metro | San Antonio |
| Year of Construction | 1979 |
| Units | 24 |
| Transaction Date | 2022-01-24 |
| Transaction Price | $18,354,000 |
| Buyer | BURTON BLANCO LLC |
| Seller | 12301 BLANCO ROAD LLC |
12301 Blanco Rd San Antonio Multifamily Investment
High renter concentration and proximity to major employment nodes suggest consistent leasing demand, according to WDSuite’s commercial real estate analysis. Neighborhood occupancy trends are softer than many areas nationally, so underwriting should emphasize tenant retention and pragmatic rent growth.
Located in an inner-suburb pocket of San Antonio, the neighborhood rates B+ and sits at rank 169 among 595 metro neighborhoods, indicating performance above the metro median with balanced livability and access. Cafes and groceries are dense for the metro—cafe availability is competitive among San Antonio neighborhoods (rank 5 of 595; top percentile nationally), and grocery options also track well (rank 52 of 595; high nationally). Restaurants are similarly strong (rank 97 of 595), supporting lifestyle convenience that can aid leasing velocity.
Schools average roughly 3.0 out of 5 and are in the top quartile among 595 metro neighborhoods, while landing above the national median. Parks, pharmacies, and childcare are less prevalent within the neighborhood footprint, so residents may rely on nearby areas for those services—an operational consideration for marketing and tenant expectations.
The median contract rent in the neighborhood trends around the national midpoint, but the occupancy rate sits below many neighborhoods nationwide (national percentile 26). Still, renter-occupied share is high (rank 12 of 595; top percentile nationally), signaling a deep tenant base and durable multifamily demand. Small average household sizes (rank 8 of 595; top percentile nationally) reinforce appeal for studios and one-bedrooms.
Within a 3-mile radius, demographic data indicate flat-to-modest population movement recently with a slight decline, while household counts have edged higher and are projected to continue rising. This pattern points to smaller household sizes and a gradual expansion of the renter pool, supporting occupancy stability over the medium term. Elevated value-to-income positioning versus national norms supports continued reliance on rental housing, which can aid retention and pricing discipline when balanced against affordability pressures.
Safety conditions are mixed relative to broader benchmarks. The neighborhood tracks below the national median for overall safety (national percentile 41), with violent and property offense levels that sit in lower national percentiles today. However, recent trend data show meaningful improvement in property offenses over the last year (top quartile nationally for rate improvement), and violent incidents have eased modestly. Compared with 595 San Antonio metro neighborhoods, this area remains competitive but not top tier on safety, so investors should account for continued monitoring and active property management.
- USAA Ops Building — corporate offices (3.65 miles)
- USAA — financial services (3.67 miles) — HQ
- USAA Federal Savings Bank — financial services (3.75 miles)
- iHeartMedia — media (4.70 miles) — HQ
- Andeavor — energy (5.52 miles) — HQ
Nearby corporate offices create a strong employment base that supports renter demand and commute convenience, notably in financial services, media, and energy: USAA operations and banking, iHeartMedia, and Andeavor.
Built in 1979, the 24-unit asset is slightly older than the neighborhood average vintage, presenting potential value-add and capital planning opportunities to enhance competitiveness against newer stock. Proximity to major employers and dense neighborhood amenities supports demand, while a high share of renter-occupied units at the neighborhood level indicates depth in the tenant base.
According to CRE market data from WDSuite, neighborhood occupancy runs softer than many areas nationally, so cash flow strategies should emphasize resident retention, right-sized renewals, and targeted enhancements to drive lease stability. Within a 3-mile radius, households have increased and are projected to expand further, pointing to a larger tenant base and steady leasing fundamentals if affordability is managed thoughtfully.
- Renter depth: high renter-occupied share at the neighborhood level supports demand and leasing durability.
- Amenity and employment access: dense food/retail plus nearby corporate campuses underpin occupancy and retention.
- Value-add avenue: 1979 vintage allows targeted renovations and system upgrades to improve positioning.
- Demographic support: within 3 miles, rising household counts signal a gradually expanding renter pool.
- Risk—softer occupancy: below-national occupancy benchmarks and affordability pressure require disciplined lease management.