| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 54th | Fair |
| Demographics | 43rd | Fair |
| Amenities | 53rd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 8802 Tradewind Dr, Windcrest, TX, 78239, US |
| Region / Metro | Windcrest |
| Year of Construction | 1983 |
| Units | 84 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
8802 Tradewind Dr, Windcrest Value-Add Multifamily
Neighborhood occupancy trends are steady and renter demand is supported by nearby retail and services, according to CRE market data from WDSuite. The combination of an established 1980s vintage and inner-suburb location points to pragmatic value-add potential with balanced leasing fundamentals.
Windcrest is an inner-suburb pocket of the San Antonio–New Braunfels metro with a B neighborhood rating. Amenity access is competitive among San Antonio–New Braunfels neighborhoods (216 of 595), driven by strong grocery and dining density, though parks, pharmacies, and cafes are limited. For investors, this mix supports day-to-day convenience for residents while signaling room for incremental amenity partnerships on-site.
Neighborhood occupancy is above the metro median (294 of 595) and slightly above the national mid-range, suggesting stable leasing conditions rather than tightness. Median contract rents at the neighborhood level sit modestly above national medians, indicating room for measured rent management without leaning on outsized increases.
Within a 3-mile radius, population has grown recently and households have expanded at a faster pace, with forecasts pointing to further household growth and a gradually smaller average household size. For multifamily investors, that translates into a larger tenant base and ongoing demand for smaller-format units that can support occupancy stability.
Tenure signals point to a meaningful renter-occupied share within the 3-mile radius, providing depth to the tenant pool. Home values in the neighborhood are moderate for the metro, which can introduce some competition from ownership options; however, rent-to-income levels remain manageable, supporting retention and steady leasing when paired with effective property management.
The asset’s 1983 construction is older than the neighborhood’s newer housing stock (average year 2008 across 595 metro neighborhoods), creating a straightforward value-add or systems modernization angle to improve competitiveness against newer product while planning for ongoing capital needs.
Relative to neighborhoods nationwide, the area aligns below the national safety median, with crime measures in lower national percentiles. Within the San Antonio–New Braunfels metro, the neighborhood also trends below the metro median (crime rank 442 of 595), so underwriting should incorporate prudent security, lighting, and resident-engagement strategies.
Nationally benchmarked indicators place the neighborhood in a lower safety percentile for both property and violent offenses, and recent year-over-year changes show volatility. Investors often mitigate these risks through enhanced site controls, targeted capital upgrades, and close coordination with local public-safety resources to support resident retention.
Proximity to established corporate headquarters and offices supports a broad white-collar and services workforce, reinforcing renter demand and commute convenience for residents. Key nearby employers include iHeartMedia, CST Brands, Andeavor, USAA, and Valero Energy.
- iHeartMedia — media headquarters (5.6 miles) — HQ
- CST Brands — energy retail corporate offices (7.4 miles) — HQ
- Andeavor — energy corporate offices (7.8 miles) — HQ
- USAA — financial services (11.0 miles) — HQ
- Valero Energy — energy (13.7 miles) — HQ
This 84-unit community, built in 1983, presents a classic value-add profile: older systems relative to a newer neighborhood housing stock, steady neighborhood occupancy that trends above the metro median, and a location with strong grocery and dining access. Within a 3-mile radius, population growth and a notable increase in households indicate a larger tenant base ahead, which can support occupancy stability and measured rent execution. According to CRE market data from WDSuite, neighborhood rents sit modestly above national medians while rent-to-income levels remain manageable, supporting retention when paired with operational focus.
Ownership dynamics are moderate for the metro, implying some competition from for-sale options, yet proximity to multiple headquarters and regional employers underpins renter demand. The primary considerations are capital planning for an early-1980s vintage and prudent safety management consistent with below-median safety benchmarks.
- Stabilized neighborhood fundamentals with occupancy above metro median, supporting steady leasing
- 1983 vintage offers clear value-add and systems modernization pathways to compete with newer stock
- Expanding 3-mile household base points to a larger tenant pool and potential retention strength
- Nearby corporate headquarters (media, energy, financial services) support workforce-driven renter demand
- Risks: below-median safety benchmarks and competition from ownership options warrant conservative underwriting