| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 57th | Good |
| Demographics | 45th | Fair |
| Amenities | 46th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5800 Wurzbach Rd, San Antonio, TX, 78238, US |
| Region / Metro | San Antonio |
| Year of Construction | 1981 |
| Units | 30 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
5800 Wurzbach Rd San Antonio Multifamily Investment
Renter demand is supported by a high renter-occupied share in the surrounding neighborhood and proximity to major employers, according to WDSuite’s CRE market data. Occupancy in the neighborhood has held near the metro midpoint, pointing to steady leasing fundamentals for a well-positioned asset.
Located in an inner-suburb pocket of San Antonio-New Braunfels with a B+ neighborhood rating, the area ranks 196 out of 595 metro neighborhoods, which is competitive among San Antonio-New Braunfels neighborhoods. Restaurant density sits in the top quartile nationally, and grocery access is even stronger, while cafes, parks, and childcare are sparse—suggesting everyday convenience for residents but fewer leisure amenities within immediate reach.
Neighborhood occupancy is 91.9% (measured for the neighborhood, not the property) and sits just above the national midpoint, supporting expectations for stable tenant retention. The share of housing units that are renter-occupied is 64.4%—a deep renter concentration that signals a broad tenant base for multifamily. With elevated home values relative to incomes (high national percentile on value-to-income), the ownership market is higher-cost locally, which tends to sustain reliance on rental housing and can support pricing power when lease management is disciplined.
Within a 3-mile radius, households increased over the past five years and are projected to expand further, even as average household size trends lower—an investor-relevant setup that typically grows the pool of prospective renters and supports occupancy stability. Forecasts call for additional household growth and rising median contract rents over the next five years, contributing to a larger tenant base and potential rent roll resiliency.
The asset’s 1981 vintage is slightly newer than the neighborhood’s average construction year. That positioning can offer a competitive edge versus older stock, while still warranting targeted capital planning for systems modernization or selective value-add to meet current renter expectations.
Safety indicators present a mixed picture when viewed across geographies. At the metro level, the neighborhood’s crime rank is near the higher-crime end of San Antonio-New Braunfels (ranked 46 out of 595 metro neighborhoods), yet its national percentile sits near the middle, indicating roughly average safety compared with neighborhoods nationwide.
Recent trends are constructive: both violent and property offense rates declined materially year over year, placing the neighborhood in higher national percentiles for improvement. For underwriting, this suggests monitoring local trends and property-level security practices while recognizing the recent directionality has been favorable.
The location draws from a substantial employment base anchored by financial services and energy, supporting workforce housing demand and commute convenience for nearby staff at USAA, Valero Energy, and iHeartMedia.
- USAA — financial services (3.8 miles) — HQ
- USAA Ops Building — financial services operations (4.0 miles)
- USAA Federal Savings Bank — banking (4.1 miles)
- Valero Energy — energy (7.1 miles) — HQ
- iHeartMedia — media (7.4 miles) — HQ
This 30-unit, 1981-vintage property sits in a renter-heavy neighborhood where occupancy has held near the national midpoint and restaurants/grocers are abundant, according to CRE market data from WDSuite. A high renter-occupied share and a higher-cost ownership landscape relative to incomes reinforce depth of demand for multifamily, while the asset’s slightly newer vintage versus local averages suggests competitive positioning with room for targeted upgrades.
Within 3 miles, households have been growing and are projected to expand further as household sizes trend smaller, which typically supports a larger tenant base and steadier lease-up. Forward-looking rent projections in the area point to continued rent levels rising from today’s base, though operator focus on affordability management and retention will be important given local rent-to-income pressure and amenity gaps such as limited parks and cafes.
- Deep renter-occupied base supports leasing stability and demand resilience
- 1981 vintage slightly newer than local average, with value-add and systems modernization potential
- Neighborhood occupancy above the national midpoint and strong access to groceries/restaurants
- Nearby anchor employers (USAA, Valero, iHeartMedia) underpin tenant demand
- Risks: metro-level crime rank, household affordability pressure, and limited parks/cafes warrant active asset and lease management