| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 44th | Poor |
| Demographics | 76th | Best |
| Amenities | 37th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2503 Jackson Keller Rd, San Antonio, TX, 78230, US |
| Region / Metro | San Antonio |
| Year of Construction | 1981 |
| Units | 24 |
| Transaction Date | 2025-06-03 |
| Transaction Price | $79,200,000 |
| Buyer | NORTH CENTRAL TRIO PO LLC |
| Seller | AMERINE ALEXANDRIA |
2503 Jackson Keller Rd San Antonio Multifamily Investment
Neighborhood occupancy is 92.3%, supporting stable leasing dynamics; according to WDSuite’s CRE market data, the surrounding 3-mile area’s renter-occupied share and sustained household formation point to a durable tenant base.
Situated in a suburban pocket of San Antonio, the property benefits from neighborhood fundamentals that are above the metro median for overall rating (ranked 151 out of 595 San Antonio neighborhoods), indicating competitive quality of life for renters relative to the region. Neighborhood occupancy is 92.3% (neighborhood metric), slightly above the national midpoint, which supports baseline stability through cycles.
Amenity access is mixed: overall amenity breadth sits above the metro median (ranked 247 of 595), with cafés performing in the top quartile nationally and among the metro’s leaders (ranked 16 of 595), and grocery availability above the metro median (ranked 251 of 595). However, immediate access to parks, pharmacies, and childcare scores at the lower end within the metro, so resident convenience may hinge more on nearby commercial corridors than on walkable, full-spectrum services.
Within a 3-mile radius, households have increased over the past five years while average household size has declined, pointing to a larger renter pool and demand for smaller-format units. Looking forward, projections indicate additional household growth alongside smaller households, which typically supports occupancy stability and steady leasing velocity for multifamily properties.
Home values in the neighborhood rank above the national median, which, combined with a low rent-to-income ratio locally, suggests a balance where multifamily can retain tenants while maintaining pricing discipline. For investors, this mix implies resilient demand with measured rent growth potential rather than outsized spikes, aligning with steady, income-focused strategies.
Safety indicators are mixed in context. Compared with the San Antonio metro, the neighborhood’s crime positioning is competitive (ranked 160 out of 595 metro neighborhoods). In national context, however, safety sits below average, with higher property and violent offense rates than many U.S. neighborhoods. Notably, recent one-year trends show improvement, with declines in both violent and property offense estimates, indicating momentum in the right direction.
For underwriting, this suggests weighing metro-relative positioning and recent improvement trends against the below-average national standing. Operators may consider additional on-site measures and community engagement to support resident confidence and retention.
Nearby corporate anchors help support renter demand through strong, diversified employment, led by financial services, media, and energy employers within a short commute. The list below focuses on USAA, iHeartMedia, and Valero Energy locations most relevant to workforce housing demand in this submarket.
- USAA — financial services HQ (2.7 miles) — HQ
- USAA Ops Building — insurance operations (2.8 miles)
- USAA Federal Savings Bank — banking (3.0 miles)
- iHeartMedia — media HQ (3.7 miles) — HQ
- Valero Energy — energy HQ (6.5 miles) — HQ
This 24-unit asset sits in a San Antonio neighborhood with above-metro-median livability and steady renter demand. Neighborhood occupancy of 92.3% (neighborhood metric) supports baseline stability, while within a 3-mile radius the renter-occupied share is substantial and households have been increasing even as average household size trends lower—conditions that typically expand the tenant base for smaller-format units. According to CRE market data from WDSuite, local home values are above the national median and the rent-to-income ratio is low, a combination that supports retention while favoring disciplined, incremental rent strategies over aggressive pushes.
Operationally, strong nearby employment nodes—including USAA, iHeartMedia, and Valero—reinforce weekday demand and reduce commute frictions for residents. Amenity access is serviceable with standout café density and adequate grocery options, though limited park, pharmacy, and childcare access suggests investors should emphasize on-site conveniences and management-led resident services. Overall, the profile points to cash-flow durability with measured growth potential, particularly for studios and compact floor plans given the property’s smaller average unit size.
- Neighborhood occupancy at 92.3% supports stable cash flow for multifamily (neighborhood metric).
- 3-mile area shows rising household counts and smaller households, expanding the renter pool.
- Proximity to USAA, iHeartMedia, and Valero anchors underpins leasing and retention.
- Above-median home values with low rent-to-income ratio favor retention and disciplined pricing.
- Risks: below-average national safety metrics and limited parks/pharmacies/childcare; mitigate via on-site measures and resident services.