| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 43rd | Poor |
| Demographics | 17th | Poor |
| Amenities | 85th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 333 Hedges St, San Antonio, TX, 78203, US |
| Region / Metro | San Antonio |
| Year of Construction | 1995 |
| Units | 56 |
| Transaction Date | 2007-05-09 |
| Transaction Price | $1,300,000 |
| Buyer | TRINITY HEDGES LLC |
| Seller | PEACHES 9548 INVESTMENTS LLC |
333 Hedges St San Antonio Multifamily Investment
Neighborhood renter-occupied share is substantial and amenity access is strong, supporting a consistent tenant base according to WDSuite’s CRE market data. Occupancy trends and safety vary locally, so underwriting should weigh leasing strategy alongside demand depth.
Rated B+ and ranked 212 out of 595 within the San Antonio–New Braunfels metro, the neighborhood is competitive among San Antonio–New Braunfels neighborhoods rather than a top-tier node. For multifamily investors, that positioning suggests workable demand fundamentals with selective submarket competition.
Amenity access is a relative strength: neighborhood-level counts for restaurants, groceries, parks, pharmacies, and cafes sit around the mid‑80s national percentiles, indicating daily-needs convenience that can aid resident retention. Median contract rents at the neighborhood level are lower than national norms, which can help lease-up velocity for value-oriented units while requiring disciplined expense control.
The neighborhood’s housing stock is older on average (1963). With a 1995 vintage, the subject property is newer than much of the surrounding inventory, supporting competitive positioning versus pre‑1970s product; investors should still plan for mid‑life systems and selective modernization to sustain rents.
Tenure dynamics point to rental demand: 42.7% of neighborhood housing units are renter‑occupied, implying a meaningful renter concentration and depth of the tenant base. Within a 3‑mile radius, households grew even as average household size declined, and forecasts call for more households by 2028, which can expand the renter pool and support occupancy stability. In the near term, neighborhood occupancy has trended lower, so operators may need focused marketing and pricing discipline.
Home values in the area are relatively modest in dollar terms but high versus local incomes (value‑to‑income ratio ranks in the upper decile nationally), reinforcing reliance on rental housing rather than ownership. At the same time, a higher rent‑to‑income ratio at the neighborhood level signals potential affordability pressure, so proactive lease management and renewal strategies are prudent.
Safety indicators are below national averages, with both violent and property offense measures sitting in low national percentiles. Within the metro, the neighborhood’s crime rank sits in the less favorable half (rank 300 of 595), indicating elevated risk compared with many San Antonio areas.
Trend-wise, estimated property offenses declined materially year over year, placing that improvement in a stronger national percentile band. Conditions can vary block by block and over time; investors typically address this through security measures, lighting, and community programming during operations.
Proximity to major employers anchors the local renter base, with commute access to media and financial services along with energy headquarters supporting stable leasing. Nearby companies include iHeartMedia, USAA and associated operations, and Valero/Andeavor in the energy sector.
- Iheartmedia — media (5.3 miles) — HQ
- Usaa — financial services (10.7 miles) — HQ
- Usaa Ops Building — operations center (10.9 miles)
- USAA Federal Savings Bank — banking (11.1 miles)
- Andeavor — energy (13.7 miles) — HQ
333 Hedges St offers a 1995 vintage in an inner‑suburban San Antonio location where neighborhood-level renter concentration and broad amenity access support a workable tenant base. According to CRE market data from WDSuite, the asset is newer than much of the surrounding 1960s‑era stock, which can aid leasing and curb near‑term CapEx relative to older comparables, though mid‑life systems and selective upgrades should be anticipated. Neighborhood occupancy has softened, so execution will rely on asset management and positioning rather than market lift alone.
Within a 3‑mile radius, households are projected to increase by mid‑decade, expanding the renter pool even as household sizes trend smaller. Ownership remains a high‑cost path relative to incomes locally, which tends to sustain rental demand; however, elevated rent‑to‑income ratios at the neighborhood level imply retention risk without thoughtful renewal and pricing strategies. Safety indicators trail national norms, and operators should budget for security and resident‑experience enhancements.
- 1995 vintage outpositions older neighborhood stock; plan for mid‑life systems and targeted modernization.
- Renter-occupied share and amenity access support demand depth and lease-up resilience.
- 3‑mile household growth outlook points to a larger tenant base and supports occupancy stability.
- Ownership remains relatively high cost versus incomes, reinforcing reliance on multifamily housing.
- Risks: below-average safety metrics and softer neighborhood occupancy require active management and prudent pricing.