| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 49th | Fair |
| Demographics | 8th | Poor |
| Amenities | 33rd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 9257 Somerset Rd, San Antonio, TX, 78211, US |
| Region / Metro | San Antonio |
| Year of Construction | 2002 |
| Units | 119 |
| Transaction Date | 2000-09-19 |
| Transaction Price | $1,685,000 |
| Buyer | HUNTERS GLEN TOWNHOMES LP |
| Seller | TODAYS DEVELOPMENT INC |
9257 Somerset Rd San Antonio Multifamily Investment
Renter concentration in the surrounding neighborhood is elevated, supporting a deeper tenant base and consistent leasing, according to WDSuite’s CRE market data.
Located in an inner-suburb pocket of San Antonio, the area mixes working households with access to basic conveniences. Restaurants are relatively prevalent compared with many neighborhoods nationally, while grocery options are present but not dense; parks and cafes are limited. These local dynamics position the property as practical workforce housing rather than lifestyle-driven product.
The neighborhood’s housing stock trends slightly newer than much of the metro, and the property’s 2002 vintage should compete reasonably well against nearby inventory from the late 1990s. For investors, this points to modest capital planning for systems and common-area refresh to maintain leasing velocity, rather than wholesale repositioning.
Neighborhood occupancy is below the metro median and has softened over the last five years, suggesting operators should emphasize leasing execution and renewals to support stability. At the same time, the share of housing units that are renter-occupied is high (above metro norms), indicating a sizable resident base accustomed to multifamily options and providing depth for tenant sourcing.
Within a 3-mile radius, household counts have grown even as total population edged down, implying smaller household sizes and shifting demographics that can add more renters to the market. Looking ahead, WDSuite’s neighborhood and demographic signals point to additional household growth through the mid-term, which should support demand for rental units even if pricing must remain disciplined to manage affordability.
Safety indicators for the neighborhood are weaker than many areas of the San Antonio metro and fall well below national benchmarks. In metro context (among 595 neighborhoods), crime ranks in the lower half, not competitive with stronger submarkets. Nationally, the neighborhood sits in low safety percentiles, indicating above-average reported crime compared with U.S. neighborhoods.
Recent trends are mixed: property offense estimates improved year over year, while violent offense estimates ticked higher. For underwriting and operations, this argues for active security and community engagement, with attention to lighting, access controls, and coordinated patrols to support resident retention.
Proximity to major corporate employers supports workforce housing demand and commute convenience, with a concentration in media, financial services, and energy. The nearby base includes iHeartMedia, USAA (multiple facilities), and Valero Energy.
- Iheartmedia — media headquarters (12.3 miles) — HQ
- Usaa — financial services headquarters (13.9 miles) — HQ
- Usaa Ops Building — financial services operations (14.1 miles)
- USAA Federal Savings Bank — banking services (14.3 miles)
- Valero Energy — energy headquarters (17.8 miles) — HQ
This 119-unit asset benefits from a large renter pool and workforce-driven demand in an inner-suburban location. The 2002 construction is slightly newer than much of the surrounding stock, which can help the property compete on features and maintenance needs while still allowing selective value-add to refresh interiors and common areas. Neighborhood occupancy trends are softer, but the high share of renter-occupied housing units suggests stable tenant sourcing. According to CRE market data from WDSuite, the area’s rent levels remain accessible for the metro, reinforcing leasing when pricing is managed to limit affordability pressure.
Within a 3-mile radius, households have increased and are projected to keep growing, even as average household size declines — a setup that can expand the renter base and support occupancy. Investors should underwrite to active leasing operations and security measures, with upside tied to disciplined renovations and steady demand from nearby employment centers.
- Large renter-occupied housing base supports tenant sourcing and renewal potential.
- 2002 vintage offers competitive positioning with targeted value-add potential.
- Household growth within 3 miles indicates a larger renter pool over the mid-term.
- Proximity to major employers (media, financial services, energy) supports leasing demand.
- Risks: softer neighborhood occupancy and weaker safety metrics require focused operations and retention strategies.