| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 62nd | Good |
| Demographics | 74th | Best |
| Amenities | 54th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5903 Babcock Rd, San Antonio, TX, 78240, US |
| Region / Metro | San Antonio |
| Year of Construction | 2004 |
| Units | 88 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
5903 Babcock Rd, San Antonio Multifamily Investment
Positioned near major Northwest Side employers, the asset benefits from a deep renter base and steady lease-up potential, according to CRE market data from WDSuite. One primary takeaway for investors is demand resilience supported by commute convenience and a high concentration of renter-occupied housing in the surrounding area.
The property sits in an Inner Suburb pocket of San Antonio that scores competitive on fundamentals within the metro. The neighborhood holds an overall rank of 75 among 595 San Antonio neighborhoods (Top quartile among 595 metro neighborhoods), with demographics also in the Top quartile, indicating a solid consumer base for multifamily.
Livability is anchored by everyday services rather than lifestyle amenities. Restaurant density ranks competitive among San Antonio neighborhoods and above national medians, while grocery access trends similarly strong. By contrast, parks, cafes, and pharmacies are limited within the immediate neighborhood, suggesting residents rely on nearby corridors for leisure and errands.
Renter-occupied share within the neighborhood is elevated relative to peers (rank in the top decile of the metro), which signals depth in the tenant pool. Within a 3-mile radius, households increased over the past five years and are projected to grow further even as average household size declines; this points to more households entering the market and supports occupancy stability for well-located apartments.
Vintage positioning matters here: the average neighborhood construction year is 2002, and this property was built in 2004. That newer-than-average profile can help competitiveness versus older stock; however, investors should plan for selective modernization of systems and finishes as part of long-term capital planning.
Safety indicators are mixed and should be underwritten with care. The neighborhood ranks 454 out of 595 San Antonio neighborhoods on overall crime, placing it below metro averages and in a lower national percentile for safety. Recent data shows a modest year-over-year improvement in property offenses, but levels remain elevated compared with many San Antonio submarkets and neighborhoods nationally.
For investors, the practical takeaway is to emphasize property-level security, lighting, and operational practices to support tenant retention and leasing, and to benchmark underwriting assumptions to comparable assets with similar neighborhood safety profiles.
Proximity to major employers underpins renter demand and commute convenience, notably USAA’s campus and Valero Energy, with additional corporate offices supporting diversified white-collar employment nearby.
- USAA Federal Savings Bank — financial services (1.8 miles)
- Usaa — financial services (1.8 miles) — HQ
- Usaa Ops Building — financial services operations (1.8 miles)
- Valero Energy — energy (4.3 miles) — HQ
- Iheartmedia — media (7.7 miles) — HQ
Built in 2004 with 88 units, the asset aligns slightly newer than the neighborhood average, offering competitive positioning against older multifamily while leaving room for targeted value-add. Household growth within a 3-mile radius and a high concentration of renter-occupied units indicate a sizable tenant base supporting leasing and retention. According to CRE market data from WDSuite, neighborhood rent levels and incomes suggest manageable affordability pressure, which can aid pricing power when paired with thoughtful renovations.
Counterpoints include below-metro safety rankings and neighborhood occupancy that trails stronger San Antonio submarkets, warranting conservative lease-up and retention assumptions. Proximity to USAA and Valero provides reliable employment anchors that can stabilize demand through cycles, especially for well-managed workforce and mid-market units.
- Slightly newer 2004 vintage supports competitiveness; scope for selective upgrades
- Large renter base in 3-mile radius and rising household counts support demand
- Commute access to USAA and Valero underpins leasing resilience
- Income and rent context suggests manageable affordability pressure, per WDSuite data
- Risks: below-metro safety ranking and softer neighborhood occupancy vs. top submarkets