| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 65th | Best |
| Demographics | 65th | Best |
| Amenities | 65th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1600 W Lawndale Dr, San Antonio, TX, 78209, US |
| Region / Metro | San Antonio |
| Year of Construction | 1979 |
| Units | 25 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1600 W Lawndale Dr, San Antonio Multifamily Investment
High renter concentration at the neighborhood level supports a deep tenant base and steady leasing potential, according to WDSuite s CRE market data. Location fundamentals are reinforced by strong service and dining density, providing daily convenience for residents.
The property sits in an Inner Suburb of San Antonio that ranks 28 out of 595 metro neighborhoods with an A neighborhood rating, positioning it among the most competitive locations locally. Dining and daily-needs access are strong: restaurant, grocery, cafe, and childcare densities rank near the top of the metro, signaling convenience that helps with retention and leasing velocity.
From an investor lens, the renter-occupied share is high at the neighborhood scale, indicating a sizable multifamily tenant pool and depth of demand. Median contract rents in the neighborhood trend above many U.S. areas (upper national percentiles), while 3-mile data show ongoing rent growth, supporting income durability and measured pricing power. For context, housing occupancy at the neighborhood level has eased versus five years ago, so asset-level operations and positioning remain important to sustain occupancy.
Livability indicators show strengths and trade-offs. Amenities are abundant (restaurants and groceries ranking near the top locally), while park and pharmacy counts within the neighborhood register low a consideration for resident experience but often offset by nearby private fitness, retail, and healthcare nodes in the broader area. Home values are elevated relative to local incomes, a dynamic that tends to reinforce reliance on rental housing and can aid lease retention for well-managed multifamily properties.
Vintage also factors into competitiveness: the property s 1979 construction is slightly older than the neighborhood s average stock (early 1980s), pointing to potential value-add through targeted renovations and systems upgrades. Within a 3-mile radius, households have expanded over the past five years with forecasts calling for further household growth and smaller average household sizes, which supports renter pool expansion and occupancy stability. These dynamics align with investor priorities surfaced in commercial real estate analysis, per WDSuite s data.
Safety indicators are mixed when viewed against regional and national benchmarks. Within the San Antonio-New Braunfels metro, the neighborhood s crime rank sits in the lower half (rank 187 of 595), indicating higher reported incidents than many local peers. Nationally, safety percentiles point to elevated property and violent offense rates relative to the U.S. average.
Recent trends show improvement: both estimated property and violent offense rates have declined year over year, suggesting momentum in the right direction. For underwriting, consider measures that enhance on-site security and resident assurance, and weigh the property s strong amenity access and commuter convenience against the neighborhood s relative safety positioning.
Proximity to major employers anchors demand, with nearby media, financial services, and energy headquarters and operations supporting commuter convenience and leasing stability.
- Iheartmedia media (1.3 miles) HQ
- Usaa insurance & financial services (6.5 miles) HQ
- Usaa Ops Building financial services operations (6.6 miles)
- USAA Federal Savings Bank banking (6.8 miles)
- Andeavor energy (7.4 miles) HQ
This 25-unit asset delivers exposure to an A-rated, amenity-rich Inner Suburb where renter demand is deep and daily conveniences are abundant. Neighborhood contract rents sit in higher national percentiles, and within a 3-mile radius households have grown with forecasts pointing to further increases and smaller household sizes a favorable setup for renter pool expansion and occupancy stability. According to CRE market data from WDSuite, neighborhood housing occupancy has softened versus five years ago, so execution at the asset level remains a key lever for performance.
Constructed in 1979, the property is slightly older than the area s average vintage, highlighting potential value-add through interior upgrades and selective capital projects to enhance competitiveness against newer stock. Elevated home values relative to income levels in the neighborhood tend to sustain reliance on rentals, which can support retention and pricing power for well-positioned operators.
- A-rated neighborhood with strong restaurant, grocery, and cafe density supporting leasing and retention
- High renter concentration and rising 3-mile household counts indicate a durable tenant base
- 1979 vintage offers value-add potential via targeted renovations and systems improvements
- Elevated ownership costs locally tend to reinforce reliance on multifamily housing
- Risks: neighborhood safety metrics trail national averages and housing occupancy has eased; active management and security can mitigate