| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 54th | Fair |
| Demographics | 57th | Good |
| Amenities | 45th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1474 Kitty Hawk Rd, Universal City, TX, 78148, US |
| Region / Metro | Universal City |
| Year of Construction | 2002 |
| Units | 20 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1474 Kitty Hawk Rd Universal City 20-Unit Multifamily
Stabilized renter demand in an inner-suburban pocket of the San Antonio metro, with occupancy running strong and rents positioned for steady absorption, according to WDSuite’s CRE market data. Proximity to major corporate employers supports leasing durability and retention.
The property sits in an Inner Suburb of the San Antonio–New Braunfels metro that rates A- and ranks 148 out of 595 metro neighborhoods — competitive among San Antonio neighborhoods and above the metro median. Neighborhood occupancy is high and firmly in the top quartile nationally, pointing to stable leasing conditions and low frictional vacancy for comparable assets.
Livability is mixed but serviceable for workforce renters: grocery and pharmacy access track above national midpoints, while cafes and park access are thinner. Childcare density stands out as a relative strength, which helps support household stability for family renters. Average school ratings in the neighborhood trend on the lower side (around 2.0 out of 5), which can modestly narrow the family-renter segment but does not preclude steady demand.
Within a 3-mile radius, population and households have grown in recent years and are projected to continue increasing through mid-decade, expanding the local renter pool and supporting occupancy stability. Renter-occupied housing accounts for roughly a third of units locally, indicating a sizable but not dominant renter base — a profile that typically supports durable demand for well-managed multifamily while introducing some competition from ownership options.
The asset’s 2002 vintage is slightly older than the neighborhood’s average construction year (2006). For investors, that suggests targeted modernization and systems updates can sharpen competitive positioning against newer comparables without requiring a full repositioning.
Safety indicators for this neighborhood sit near the national middle overall, based on WDSuite s compiled measures. Recent data show property-related incidents have eased year over year, while violent-crime readings can fluctuate — reinforcing the importance of standard operational practices such as exterior lighting, controlled access, and routine coordination with local authorities. For investors, these dynamics call for pragmatic on-site management rather than a material underwriting penalty.
Nearby corporate anchors provide diversified employment nodes that help underpin renter demand and commute convenience for residents, including energy, media, and financial services employers listed below.
- Cst Brands — corporate offices (8.2 miles) — HQ
- Andeavor — corporate offices (9.6 miles) — HQ
- Iheartmedia — corporate offices (9.7 miles) — HQ
- Usaa — corporate offices (14.9 miles) — HQ
- Usaa Ops Building — corporate offices (14.9 miles)
This 20-unit asset benefits from a high-occupancy neighborhood that has sustained leasing momentum and exhibits a balanced amenity profile geared to everyday needs. According to CRE market data from WDSuite, local rent-to-income ratios remain low, which supports retention and indicates room for measured rent growth as units are refreshed. The 2002 vintage is slightly older than the nearby stock, creating a focused value-add path through interior updates and selective capital planning rather than heavy redevelopment.
Within a 3-mile radius, recent and projected growth in households expands the tenant base, while a meaningful renter share supports depth of demand. Ownership costs in the area are relatively accessible by national standards, which can introduce some competition from entry-level ownership; however, proximity to major employers and strong occupancy fundamentals support resilient performance for efficiently positioned units.
- Strong neighborhood occupancy and leasing stability support lower downtime risk
- 2002 vintage offers actionable value-add via targeted interior and systems upgrades
- Low rent-to-income ratios suggest retention strength with room for disciplined rent growth
- Employment access to regional corporate anchors supports demand and lease-up velocity
- Risk: school quality scores and ownership competition may narrow certain renter segments