| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 69th | Best |
| Demographics | 63rd | Good |
| Amenities | 52nd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 15801 Chase Hill Blvd, San Antonio, TX, 78256, US |
| Region / Metro | San Antonio |
| Year of Construction | 1977 |
| Units | 24 |
| Transaction Date | 2006-02-13 |
| Transaction Price | $8,750,000 |
| Buyer | SA CHASE HILL SPE LP |
| Seller | S A CHASE HILL LP |
15801 Chase Hill Blvd San Antonio Multifamily Investment
Workforce demand is supported by nearby Fortune 500 employers and steady household growth within 3 miles, according to WDSuite s CRE market data. The submarket s renter base and elevated ownership costs point to sustained leasing interest with prudent management.
Located in San Antonio s northern corridor, the neighborhood rates competitive among 595 metro neighborhoods (neighborhood rating A; rank 49 of 595). Dining density is a local strength (restaurants near the top quartile metro-wide), while everyday retail and pharmacies are adequately represented; parks and childcare are limited, so resident appeal leans more toward young professionals and students than families.
Within a 3-mile radius, households expanded meaningfully in recent years and are projected to grow further, indicating a larger tenant base and support for occupancy stability. Median incomes in the 3-mile area are rising alongside contract rents, and elevated home values relative to incomes (value-to-income ratio strong by national comparison) reinforce reliance on rental housing — an investor tailwind for lease retention and pricing discipline.
Neighborhood housing stock skews newer on average (2002), while this asset s 1977 vintage suggests potential value-add through targeted interior upgrades and systems modernization. Renter concentration is substantial at both the neighborhood level and within the 3-mile radius, which supports depth of demand for multifamily product; however, property-level leasing strategies should account for household sizes trending smaller and a mix that includes a large 18–34 cohort in the 3-mile data.
Based on CRE market data from WDSuite, neighborhood occupancy trends have been softer than metro medians in the recent period, so underwriting should prioritize realistic lease-up timelines and competitive positioning. That said, income growth, forecast renter pool expansion within 3 miles, and proximity to major employment nodes provide counterbalancing fundamentals.
Relative to 595 San Antonio metro neighborhoods, the area s safety standing is below the metro median, and national comparisons indicate a weaker safety profile. Recent trends show property offenses declining year over year, which is a constructive directional signal, but violent-offense benchmarks remain unfavorable versus national percentiles. Investors typically address this with enhanced onsite measures, resident screening, and coordination with local public-safety resources rather than underwriting rent premiums to safety.
Proximity to major corporate anchors underpins weekday population and supports renter demand through commute convenience. The immediate employment base is concentrated in energy and financial services, as reflected below.
- Valero Energy D energy & headquarters campus (1.3 miles) D HQ
- USAA Federal Savings Bank D banking operations (4.7 miles)
- Usaa Ops Building D corporate operations (5.0 miles)
- Usaa D financial services (5.2 miles) D HQ
- Andeavor D energy (10.2 miles) D HQ
This 24-unit property built in 1977 sits within a competitive San Antonio neighborhood near major employment hubs. The submarket shows strong 3-mile household growth and income gains, which, coupled with elevated ownership costs, support a durable renter base and potential for stable occupancy with attentive operations. According to CRE market data from WDSuite, neighborhood occupancy has been softer than metro norms, so success relies on product differentiation and disciplined lease management rather than market lift.
Given the area s newer average housing vintage, selective renovations and systems upgrades can improve competitive positioning and capture demand from smaller households and the sizable 18–34 renter cohort in the 3-mile data. Employer adjacency (energy and financial services) and commuter convenience provide further tailwinds for leasing and retention, while safety considerations warrant pragmatic onsite measures and conservative underwriting.
- Household and income growth within 3 miles expands the tenant base and supports rent durability
- Elevated ownership costs favor multifamily demand and lease retention
- 1977 vintage offers value-add potential via interior refresh and systems modernization
- Employment proximity (energy/financial services) supports leasing and reduces commute friction
- Risk: Neighborhood safety benchmarks and softer occupancy require conservative underwriting and targeted property operations