| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 60th | Good |
| Demographics | 15th | Poor |
| Amenities | 23rd | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 6114 Pecan Valley Dr, San Antonio, TX, 78223, US |
| Region / Metro | San Antonio |
| Year of Construction | 1984 |
| Units | 55 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
6114 Pecan Valley Dr San Antonio Value-Add Multifamily
Neighborhood occupancy sits around the metro average with a sizable renter-occupied base, indicating durable tenant demand, according to WDSuite’s CRE market data. The location’s fundamentals support a workforce housing thesis with room to enhance positioning through targeted upgrades.
The property is in an Inner Suburb of San Antonio where neighborhood performance trends are mixed but investable for workforce housing. Occupancy is near the metro average (ranked 340 among 595 metro neighborhoods), suggesting leasing stability without evident overbuilding pressure. Median contract rents in the area have risen over the last five years, and housing metrics place the neighborhood above the national mid-point (housing at the 60th percentile nationwide), supporting steady renter interest.
Amenity depth inside the immediate neighborhood is limited overall (amenities at the 23rd percentile nationally), yet daily-life services show bright spots: childcare access ranks in the top quartile nationally, and restaurant density is competitive versus peers (around the 57th percentile). Investors should expect residents to rely on nearby corridors for groceries and retail rather than on-block offerings.
Within a 3-mile radius, demographic data indicate households expanded even as recent population counts trended down, pointing to smaller household sizes and a more active housing market. Forward-looking projections show population and households increasing through the next five years, which would expand the renter pool and support occupancy. Median home values in the neighborhood sit below many U.S. areas (around the 25th percentile nationally), but the value-to-income ratio ranks stronger (about the 66th percentile), signaling a high-cost ownership dynamic relative to local incomes that can reinforce reliance on multifamily rentals. Rent-to-income levels trend higher than national norms here, which calls for attentive lease management and renewal strategies.
Compared with the broader San Antonio-New Braunfels metro, this neighborhood’s overall rank (476 of 595) is below the median, while certain components are competitive among metro peers (e.g., childcare). For a 1984 asset, the submarket’s newer average construction vintage (2014; rank 95 of 595, top quartile nationally) implies that thoughtful renovations and system upgrades can help the property stand out versus more modern stock.
Safety indicators in this neighborhood trend weaker than national norms, with crime measures around the lower end of national percentiles (violent and property offense metrics near the bottom decile nationwide). Within the San Antonio-New Braunfels metro, the area’s crime positioning is also below average (crime rank 338 out of 595 metro neighborhoods). For underwriting, this suggests placing added weight on security, lighting, and resident screening to support retention.
Recent trends are mixed: estimates show property offenses declining year over year, while violent incidents edged up slightly. Investors should monitor momentum at the neighborhood level and compare to citywide initiatives, using these trends as context rather than as property-specific guarantees.
Proximity to major corporate employers supports a commuter-friendly renter base, with convenient access to media and financial services anchors that can bolster leasing stability.
- Iheartmedia — media headquarters (9.1 miles) — HQ
- Usaa — financial services headquarters (14.2 miles) — HQ
- Usaa Ops Building — financial services operations (14.4 miles)
- USAA Federal Savings Bank — banking operations (14.7 miles)
- Valero Energy — energy headquarters (18.4 miles) — HQ
Built in 1984, the asset presents a clear value-add path relative to a submarket with a materially newer average vintage, allowing upgrades to improve competitive positioning against 2010s-era supply. According to CRE market data from WDSuite, neighborhood occupancy trends are around the metro average, and forward-looking 3-mile demographics point to growth in households that can expand the tenant base and support steady leasing.
The surrounding area skews toward workforce housing: renter-occupied share is substantial, home values are comparatively lower, and ownership remains relatively costly versus incomes, reinforcing multifamily demand. Investors should underwrite with attention to rent-to-income levels and local safety dynamics, aligning capital improvements with features that drive retention and justify incremental rent.
- 1984 vintage offers renovation and system-upgrade upside versus a newer competitive set
- Occupancy near metro averages with household growth nearby supports leasing stability
- Workforce renter base and relatively costly ownership sustain multifamily demand
- Proximity to major employers (media, financial services, energy) underpins commuter demand
- Risks: elevated neighborhood crime signals, limited immediate amenities, and rent-to-income pressure require active management