| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 57th | Good |
| Demographics | 41st | Fair |
| Amenities | 59th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 7923 Donore Pl, San Antonio, TX, 78229, US |
| Region / Metro | San Antonio |
| Year of Construction | 1979 |
| Units | 23 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
7923 Donore Pl San Antonio Multifamily Investment Near USAA
High renter concentration and steady neighborhood occupancy suggest durable demand drivers for smaller-format units, according to CRE market data from WDSuite. Proximity to major employment anchors supports consistent leasing velocity in an inner-suburban location.
This inner-suburban pocket of San Antonio rates competitively among San Antonio–New Braunfels neighborhoods, with an A- neighborhood rating and strengths in daily-needs access. Grocery, pharmacy, and restaurant densities score in higher national percentiles, indicating convenience for residents and potential retention benefits for operators.
Neighborhood occupancy has trended modestly higher and remains stable, while the share of renter-occupied housing is elevated, signaling a deep tenant base for multifamily product. Median rent levels in the area are positioned to attract workforce renters, and a relatively manageable rent-to-income profile supports ongoing lease retention, based on CRE market data from WDSuite.
Within a 3-mile radius, households have grown in recent years and are projected to expand further through 2028, even as average household size edges lower. This combination points to a larger renter pool over time and supports occupancy stability for smaller units.
Built in 1979, the asset is slightly older than the neighborhood average vintage. Investors should plan for targeted capital projects and modernization, with potential value-add returns through unit refreshes and operational upgrades that enhance competitiveness against newer stock.
Home values in the surrounding neighborhood sit in a higher national percentile relative to incomes, indicating a high-cost ownership market by local standards. That context tends to reinforce renter reliance on multifamily housing and can bolster pricing power for well-maintained, well-located properties.
Safety metrics for the neighborhood track below national norms, and conditions are roughly mid-pack within the San Antonio–New Braunfels metro. Investors should underwrite with conservative assumptions on security, lighting, and property management presence.
Recent trends show improvement: estimated property incidents declined year over year, and violent offense rates also eased, according to WDSuite’s CRE market data. Continued monitoring of local trendlines and engagement with resident safety measures can help support leasing outcomes.
- USAA — financial services HQ (1.7 miles) — HQ
- USAA Ops Building — financial services operations (1.9 miles)
- USAA Federal Savings Bank — banking operations (2.2 miles)
- iHeartMedia — media HQ (5.3 miles) — HQ
- Valero Energy — energy HQ (5.9 miles) — HQ
The investment case centers on durable renter demand, workforce-oriented positioning, and proximity to major employment hubs. The neighborhood’s elevated renter concentration and stable occupancy support consistent cash flow, while nearby Fortune 500 anchors underpin leasing and renewal prospects. According to CRE market data from WDSuite, ownership costs in the area are comparatively high relative to incomes, which sustains reliance on rental housing and can support pricing power for well-kept assets.
Constructed in 1979, the property may benefit from targeted value-add upgrades to kitchens, baths, and common areas, alongside system refreshes. A compact average unit size can appeal to price-sensitive renters seeking convenience near employers, though investors should account for competitive positioning versus newer product and incorporate prudent security and CapEx planning.
- Workforce demand anchored by high renter-occupied housing share and stable neighborhood occupancy
- Proximity to USAA and other large employers supports leasing and renewal velocity
- High-cost ownership context reinforces renter reliance and potential pricing power
- 1979 vintage offers value-add upside through targeted renovations and system updates
- Risks: below-national safety metrics and aging infrastructure require active management and thoughtful underwriting