| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 65th | Best |
| Demographics | 80th | Best |
| Amenities | 54th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 16650 Huebner Rd, San Antonio, TX, 78248, US |
| Region / Metro | San Antonio |
| Year of Construction | 1995 |
| Units | 76 |
| Transaction Date | 2012-02-29 |
| Transaction Price | $21,656,300 |
| Buyer | CWS DEERFIELD ASSOCIATES LTD |
| Seller | HUEBNER BITTERS ASSOCIATES |
16650 Huebner Rd, San Antonio Multifamily Investment
Neighborhood occupancy is high and stable, and the area skews toward higher-income households—factors that support tenant retention and disciplined rent strategies, according to WDSuite’s CRE market data. Note that occupancy and rent dynamics referenced here describe the surrounding neighborhood, not this specific property.
Located in a suburban pocket of San Antonio-New Braunfels, the neighborhood rates A+ and ranks 23rd out of 595 metro neighborhoods—competitive among San Antonio-New Braunfels neighborhoods. Restaurants and grocery access sit in the top quartile nationally, while pharmacy access is above average. Cafes and parks are limited nearby, which may modestly reduce walk-to-amenity appeal but does not detract from daily-needs convenience.
Neighborhood occupancy is strong (top quartile nationally), indicating durable renter demand at the area level. Median contract rents in the neighborhood are moderate relative to local incomes, and the rent-to-income ratio sits in a favorable national percentile, which can support lease retention and measured rent growth. The immediate area shows a smaller share of renter-occupied housing, suggesting a predominance of ownership stock; this can reduce near-term competitive supply pressure for professionally managed multifamily.
Schools in the surrounding area average about 4.0 out of 5 and place in the top quartile nationally, an attribute that often supports renter demand from households prioritizing education. Median home values are elevated versus national norms, reinforcing reliance on multifamily housing for households preferring close-in access without the higher carrying costs of ownership—an investor-friendly dynamic for lease stability.
Within a 3-mile radius, household counts have risen modestly in recent years and are projected to expand meaningfully over the next five years, with smaller average household sizes. This combination typically broadens the tenant base, supports occupancy stability, and can underpin absorption for well-located, professionally managed assets.
Safety indicators are mixed and should be contextualized. The neighborhood’s crime rank is 390 out of 595 metro neighborhoods, and national percentiles indicate below-average safety versus neighborhoods nationwide. However, recent data show a year-over-year decline in estimated property offenses, suggesting improvement momentum at the area level.
Investors should underwrite appropriate security measures and monitor local trends over time rather than drawing block-level conclusions. Comparative framing—above/below metro and national baselines—provides a more reliable perspective than isolated data points.
The location benefits from proximity to major corporate employers that anchor regional office and operations employment, supporting a steady commuter renter base. Nearby organizations include Andeavor, USAA Federal Savings Bank, Valero Energy, the USAA Operations campus, and USAA headquarters.
- Andeavor — energy (4.3 miles) — HQ
- USAA Federal Savings Bank — banking (4.8 miles)
- Valero Energy — energy (4.8 miles) — HQ
- Usaa Ops Building — operations office (4.9 miles)
- Usaa — financial services (5.0 miles) — HQ
Built in 1995, the 76-unit asset is slightly newer than the neighborhood’s average vintage, positioning it competitively against older stock while still leaving room for selective modernization of interiors and building systems. Strong neighborhood occupancy and high-income demographics support demand stability; based on CRE market data from WDSuite, the surrounding area’s rent-to-income positioning and elevated ownership costs favor renter reliance on quality multifamily.
Forward-looking demographics within 3 miles point to meaningful growth in households and income, broadening the tenant base and supporting absorption. While cafes and park access are limited and safety measures warrant attention, proximity to major employment hubs and top-quartile schools strengthens the long-term leasing backdrop.
- Competitive 1995 vintage with room for targeted value-add and modernization
- Strong neighborhood occupancy and favorable rent-to-income metrics support retention
- Elevated local home values reinforce multifamily demand and leasing stability
- 3-mile household and income growth expand the tenant base over the medium term
- Risks: below-average safety percentiles and limited parks/cafes; budget for security and amenity programming