| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 65th | Best |
| Demographics | 33rd | Fair |
| Amenities | 44th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 8205 Micron Dr, San Antonio, TX, 78251, US |
| Region / Metro | San Antonio |
| Year of Construction | 2004 |
| Units | 72 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
8205 Micron Dr, San Antonio multifamily investment
Steady neighborhood occupancy and broad renter demand underpin income durability, according to WDSuite’s CRE market data. Positioning near major employers supports leasing consistency while leaving room for targeted value-add.
The property sits in an Inner Suburb location of San Antonio with a neighborhood rating of B and a rank of 223 out of 595 metro neighborhoods, indicating it is competitive among San Antonio-New Braunfels neighborhoods. Neighborhood occupancy is strong at 98.5% (neighborhood-level, not property-specific), a top quartile national showing, which supports income stability and lower downtime between turns.
Local amenity access favors daily needs: grocery and pharmacy density both score in the mid-90s nationally, and restaurants trend above average, while parks, cafes, and childcare options are relatively limited. For investors, this mix typically supports everyday convenience and retention, though lifestyle-oriented amenities may be a differentiator at the asset level.
Renter-occupied share in the immediate neighborhood is 39.1%, indicating a meaningful tenant base alongside a sizable owner-occupied presence. Within a 3-mile radius, demographic data show modest population growth and a larger increase in households over the past five years, expanding the local tenant pool and supporting occupancy stability. Median contract rents in the neighborhood track modestly above national middle ranges, suggesting attainable positioning for workforce households and potential for measured rent growth when paired with upgrades.
Home values sit near the lower half of national distributions, creating some competition from ownership options. For multifamily investors, this typically translates to balanced pricing power: effective management and asset quality remain important for retention and renewal performance.
Safety indicators in the neighborhood are mixed when compared nationally. Overall crime benchmarks sit below national averages (around the 33rd percentile), which warrants prudent security and operations planning. At the same time, property offense rates have improved year over year, with a notable decline and an improvement ranking that sits well above many neighborhoods nationwide. Violent offense indicators are lower percentile nationally and showed a recent year increase, reinforcing the need for standard risk mitigation such as lighting, access control, and coordination with local resources.
Investors should interpret these as neighborhood-level trends rather than property-specific conditions, and monitor trajectory alongside leasing data, renewal behavior, and insurance costs.
Proximity to large financial services, energy, and media employers supports a broad commuter base and helps sustain renter demand and retention. Nearby anchors include USAA, Valero Energy, and iHeartMedia, all within a reasonable drive of the property.
- USAA — financial services (6.6 miles) — HQ
- USAA Ops Building — financial services operations (6.7 miles)
- USAA Federal Savings Bank — banking (6.8 miles)
- Valero Energy — energy (8.9 miles) — HQ
- iHeartMedia — media (10.3 miles) — HQ
Built in 2004, the asset is slightly older than the neighborhood’s generally newer housing stock, creating a practical value-add path through selective renovations and systems updates. Neighborhood occupancy of 98.5% (neighborhood-level, not property-specific) points to durable demand, and household growth within a 3-mile radius signals a larger tenant base that can support steady leasing. According to CRE market data from WDSuite, local rents sit near middle national ranges, aligning with workforce positioning while leaving room for upgrades to drive rent premiums.
Home values that are more accessible by national comparison suggest some competition from ownership, so execution will hinge on service quality and amenities. Safety metrics are mixed nationally, making standard risk controls important, but proximity to major employers enhances commute convenience and supports tenant retention.
- Strong neighborhood occupancy supports income stability and limits downtime between turns
- 2004 vintage offers clear value-add and modernization angles versus newer nearby stock
- Expanding 3-mile household counts indicate a growing renter pool and leasing momentum
- Workforce rent positioning provides attainable entry point with upgrade-driven upside
- Risks: mixed national safety percentiles and ownership alternatives require strong operations and amenities to sustain pricing power