| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 50th | Fair |
| Demographics | 25th | Poor |
| Amenities | 23rd | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5042 Wildflower Dr, San Antonio, TX, 78228, US |
| Region / Metro | San Antonio |
| Year of Construction | 1984 |
| Units | 97 |
| Transaction Date | 2009-04-01 |
| Transaction Price | $2,900,000 |
| Buyer | --- |
| Seller | --- |
5042 Wildflower Dr San Antonio Value-Add Multifamily
Renter concentration in the surrounding neighborhood is high while ownership costs run elevated relative to local incomes, supporting steady tenant demand, according to WDSuite’s CRE market data. With a 1984 vintage and a 97-unit scale, the asset can compete with older stock while leaving room for targeted upgrades.
Located in an inner-suburban pocket of San Antonio, the property sits in a neighborhood rated C and ranked 473 out of 595 metro neighborhoods. That places it below the metro median, but renter demand remains durable: renter-occupied housing accounts for a large share of units in the neighborhood (ranked 62 of 595, top decile), signaling a deep tenant base for multifamily operators.
Livability is mixed. Dining and grocery access test above national medians (restaurants around the 70th percentile and groceries near the 67th), while parks, cafes, childcare, and pharmacies are sparse. Average school ratings are in the lower national percentiles, which may temper appeal for some family households and reinforces the importance of property-level amenities and management to drive retention.
Within a 3-mile radius, the population has been roughly stable in recent years while the number of households increased and average household size decreased. This shift toward more, smaller households generally expands the renter pool and supports occupancy stability. Median contract rents in the area remain comparatively accessible, and the rent-to-income profile indicates manageable affordability pressure, which can aid lease retention and reduce turnover risk during soft patches.
For investors, ownership remains relatively costly versus local incomes (value-to-income ratio near the 91st national percentile), which tends to sustain reliance on rental housing and supports pricing power for well-run assets. Neighborhood occupancy levels trend below national norms, so hands-on leasing and renewal strategies matter; however, the submarket’s renter depth and proximity to employment nodes can offset cyclical softness. These dynamics align with practical multifamily property research takeaways for workforce housing in San Antonio.
Safety indicators are weaker than national averages, with overall crime positioning below the national median and violent-offense measures in low national percentiles. In the San Antonio–New Braunfels metro context, the neighborhood ranks in the lower half for safety among 595 neighborhoods, indicating comparatively higher incident rates than many metro peers.
That said, recent trend data shows year-over-year declines in both property and violent offenses, placing the area in the above-median cohort for improvement nationally. For investors, this suggests monitoring remains prudent, but the directional trend is constructive and may support resident retention when paired with on-site security measures and strong community management.
The location draws on a diversified employment base anchored by financial services, media, and energy, supporting commuter convenience and a steady renter pipeline from nearby offices. The employers below reflect the nearest large corporate nodes likely to influence leasing and retention.
- Usaa — financial services (4.1 miles) — HQ
- Usaa Ops Building — financial services operations (4.3 miles)
- USAA Federal Savings Bank — banking (4.5 miles)
- Iheartmedia — media (6.5 miles) — HQ
- Valero Energy — energy (7.9 miles) — HQ
5042 Wildflower Dr offers a 97-unit, 1984-vintage footprint in an inner-suburban San Antonio neighborhood with a high renter share and access to major employers. The vintage is slightly newer than the neighborhood average, positioning the asset competitively versus older stock while leaving room for value-add modernization of interiors, building systems, and curb appeal. According to CRE market data from WDSuite, neighborhood rents remain comparatively accessible relative to incomes, which can support retention and steady absorption for well-managed workforce housing.
Households within a 3-mile radius have increased even as average household size has trended lower, effectively enlarging the renter pool. While neighborhood occupancy rates trail national norms and safety metrics are weaker than average, recent offense trends are improving and the area benefits from proximity to large employment hubs like USAA and Valero. Execution—focused leasing, renewals, and targeted capital plans—will be central to unlocking stable cash flow and rent growth potential over a medium-term hold.
- High renter concentration supports a deep tenant base and leasing velocity
- 1984 vintage offers value-add upside while remaining competitive versus older stock
- Proximity to major employers (USAA, Valero, iHeartMedia) underpins demand and retention
- Rent-to-income profile suggests manageable affordability pressure aiding renewals
- Risks: below-median neighborhood occupancy and weaker safety metrics require active management