| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 55th | Fair |
| Demographics | 32nd | Fair |
| Amenities | 30th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3380 Timber View Dr, San Antonio, TX, 78251, US |
| Region / Metro | San Antonio |
| Year of Construction | 2005 |
| Units | 72 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
3380 Timber View Dr San Antonio Multifamily Opportunity
Renter concentration is high and neighborhood occupancy has held strong, supporting lease-up and retention, according to WDSuite’s CRE market data. Positioned in an inner-suburban pocket of San Antonio, the asset offers steady demand fundamentals with room for operational optimization.
This inner-suburban location in San Antonio balances everyday convenience with steady renter demand. Neighborhood occupancy is solidly above national norms, and renter-occupied housing accounts for a majority share of units, indicating a deep tenant base for multifamily. Restaurant density ranks in the upper tier locally, while day-to-day retail like groceries, pharmacies, and parks are less concentrated within the neighborhood itself; most residents likely draw on nearby corridors for these needs.
Relative to the San Antonio–New Braunfels metro’s 595 neighborhoods, the area rates above the metro median on overall housing metrics and sits around the middle nationally on income and rent levels. Median contract rents are moderate for the region, while the neighborhood s rent-to-income ratio indicates limited affordability pressure, which can support retention and reduce turnover risk.
Construction in the neighborhood skews older (average 1979), and this 2005 vintage can compete well versus legacy stock. Investors should still plan for mid-life system updates and common-area refreshes to maintain positioning against newer deliveries in the broader metro.
Demographic indicators aggregated within a 3-mile radius point to modest population growth over the past five years and a larger increase in households, reflecting smaller household sizes and a gradually expanding renter pool. Forward-looking projections call for additional household growth by 2028, which would broaden the tenant base and support occupancy stability if realized.
Home values in the neighborhood are lower than many national peers, which can introduce some competition from ownership alternatives. Even so, the combination of solid occupancy, a sizeable renter-occupied share, and stable income trends suggests durable multifamily demand in this submarket.
Safety indicators for the neighborhood track below the national median, based on comparative percentiles. However, recent trends show a meaningful decline in property offenses year over year, placing the neighborhood in a stronger national percentile for improvement. Investors should underwrite with prudent security and operational practices while recognizing the directional improvement.
Within the San Antonio–New Braunfels metro (595 neighborhoods), the area sits in a lower tier on safety relative to peers, yet the recent reduction in property offenses suggests risk management measures and site-level controls could further stabilize performance over the hold period.
Proximity to large corporate anchors supports a broad workforce tenant base and commute convenience, led by the USAA campus, Valero Energy, and iHeartMedia. These nearby employers can reinforce leasing stability and renewals for well-managed properties.
- USAA financial services (6.4 miles) HQ
- Usaa Ops Building financial services operations (6.5 miles)
- USAA Federal Savings Bank banking services (6.6 miles)
- Valero Energy energy (8.7 miles) HQ
- Iheartmedia media (10.2 miles) HQ
Built in 2005 with 72 units, the property offers a competitive vintage versus the area s predominantly older housing stock, reducing near-term exposure to heavy capex while still benefiting from value-add potential through targeted updates. Neighborhood fundamentals show high renter-occupied share and above-average occupancy, which supports leasing durability relative to other San Antonio submarkets.
Households within a 3-mile radius have grown faster than population, indicating smaller household sizes and a gradually expanding tenant base. Rents remain moderate for the region, and, according to CRE market data from WDSuite, occupancy in the neighborhood compares favorably on a national basis, supporting a stable underwriting posture while acknowledging submarket safety considerations and amenity gaps.
- 2005 vintage competes well versus older neighborhood stock; plan for mid-life system and common-area updates
- High renter-occupied share and solid neighborhood occupancy support demand depth and retention
- 3-mile household growth and projected gains point to a larger renter pool and leasing stability
- Moderate rent levels aid affordability management and reduce turnover sensitivity
- Risks: below-median safety metrics and lighter on-neighborhood amenities underwrite security and rely on nearby retail corridors