| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 72nd | Best |
| Demographics | 62nd | Good |
| Amenities | 64th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 16200 Rough Oak St, San Antonio, TX, 78232, US |
| Region / Metro | San Antonio |
| Year of Construction | 1985 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
16200 Rough Oak St San Antonio Multifamily Investment
Neighborhood occupancy is exceptionally tight, with stability supported at the submarket level according to WDSuite’s CRE market data, pointing to durable renter demand around this 24‑unit asset. Positioning near major employers and established amenities adds leasing resilience through cycles.
Rated A and ranked 25 of 595 San Antonio–New Braunfels neighborhoods, the area stands in the top quartile among metro peers for overall fundamentals. Amenity access trends above national norms, with restaurants, parks, pharmacies, cafés, and grocery options scoring in higher national percentiles—supportive of day‑to‑day livability and leasing appeal.
Neighborhood occupancy is at the very top of the metro distribution (ranked 1 of 595), indicating extremely limited vacant stock locally and reinforcing pricing discipline and retention potential for well‑managed multifamily. Median rents in the neighborhood sit near the national middle while household incomes skew modestly above the national median percentile, a combination that supports absorption without overextending typical rent‑to‑income levels.
Within a 3‑mile radius, recent years show a slight population dip but a modest increase in households, signaling smaller household sizes and a broader tenant base; projections through 2028 indicate growth in households and a higher share of higher‑income brackets, expanding the renter pool and supporting occupancy stability. Current renter concentration within 3 miles is 37.4% of housing units, with forecasts indicating a shift toward ~40%, which deepens demand for professionally managed rentals.
The median home value in the neighborhood sits in a higher national percentile, and value‑to‑income ratios are elevated versus many areas. In investor terms, this is a high‑cost ownership context that tends to sustain reliance on multifamily rentals, supporting lease retention and giving well‑positioned properties room to compete on quality. Average school ratings are below national midpoints, which can be a consideration for family‑oriented demand, but the area’s amenity mix and employment access often offset this for working‑age renters.
Vintage context: the average neighborhood construction year trends newer (2004) than the subject property’s 1985 build. That creates a tangible value‑add path via targeted renovations and systems updates that can improve competitive positioning against newer stock while planning for ongoing capital needs.
Compared with neighborhoods nationwide, the area sits below the national median for safety, and it ranks in the lower half among 595 San Antonio–New Braunfels neighborhoods. Violent and property offenses benchmark weaker than national averages, so investors should underwrite security measures and operational practices accordingly.
Recent signals show property offenses trending down year over year while violent offenses have been roughly flat. For context, these are neighborhood‑level dynamics, not property‑specific conditions; prudent asset management (lighting, access control, and resident screening) can help support tenant retention and mitigate risk.
Proximity to corporate anchors supports workforce housing demand and commute convenience. The nearby base spans energy, retail fuel, media, and financial services—sectors that can stabilize leasing and reduce turnover risk.
- Andeavor — energy (2.1 miles) — HQ
- Cst Brands — retail fuel (2.9 miles) — HQ
- Iheartmedia — media (6.9 miles) — HQ
- Usaa Ops Building — financial services (8.5 miles)
- Usaa — financial services (8.5 miles) — HQ
This 24‑unit property built in 1985 sits in an A‑rated inner‑suburban neighborhood that ranks among the top quartile of San Antonio–New Braunfels locations for overall fundamentals. Neighborhood occupancy is effectively full, indicating tight supply and supportive pricing power for well‑maintained assets, while nearby employers broaden the tenant base and bolster retention. According to CRE market data from WDSuite, local rents track near national midpoints and incomes sit modestly higher, keeping affordability pressure manageable relative to many metros.
The vintage creates a clear value‑add and capital planning opportunity: targeted interior and systems upgrades can sharpen competitiveness against newer 2000s stock. Within a 3‑mile radius, household counts are rising with projections for further growth and a modest increase in renter concentration by 2028, which supports occupancy stability and sustained leasing velocity. Elevated ownership costs in the neighborhood context also reinforce demand for rental housing, particularly for professionally managed, well‑located communities.
- Tight neighborhood occupancy supports pricing discipline and lease retention.
- 1985 vintage offers value‑add upside via renovations and systems updates.
- Diverse nearby employers (energy, media, financial services) underpin renter demand.
- Elevated ownership costs sustain multifamily reliance and deepen renter pool.
- Risks: below‑median safety metrics and lower average school ratings warrant underwriting for security and tenant mix.