| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 53rd | Fair |
| Demographics | 47th | Fair |
| Amenities | 47th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1045 Sanger Ave, New Braunfels, TX, 78130, US |
| Region / Metro | New Braunfels |
| Year of Construction | 1997 |
| Units | 48 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1045 Sanger Ave, New Braunfels Multifamily Investment
Positioned in a suburban pocket of New Braunfels with strong everyday amenities and a growing 3-mile renter base, this asset benefits from sustained demand tailwinds and an ownership market that supports leasing stability, according to WDSuite’s CRE market data.
New Braunfels’ suburban setting around 1045 Sanger Ave offers daily convenience that supports tenant retention. Dining and café density ranks among the strongest in the metro and is top quartile nationally, with restaurants and coffee options concentrated nearby. Grocery access also scores well versus national comparables, while parks, pharmacies, and formal childcare options are thinner in the immediate area—factors to consider for family-oriented renters.
Rents in the neighborhood benchmark above many U.S. areas (nationally high percentile for contract rent), and the local value-to-income profile indicates a relatively high-cost ownership market. For multifamily owners, that context tends to reinforce rental demand and can support pricing power, provided unit finishes and operations are competitive.
The property’s 1997 vintage is newer than the neighborhood’s average construction year. That positioning can be a competitive advantage against older stock; however, investors should still anticipate targeted capital plans for systems refresh, common-area modernization, and selective interior upgrades to meet current renter expectations.
Within a 3-mile radius, population and households have expanded over the past five years and are projected to continue growing through 2028, pointing to a larger tenant base and continued apartment demand. Renter-occupied housing accounts for a meaningful share of units in this radius, supporting depth of demand and steady leasing, though careful rent-to-income management remains important for retention.
Neighborhood safety indicators compare favorably to national patterns on violent offenses, standing in a high national percentile, while property offenses also benchmark stronger than many areas nationwide. Recent year-over-year readings suggest some upward movement in property-related incidents, so owners may want to emphasize lighting, access control, and resident engagement to support stability.
Compared with the broader San Antonio–New Braunfels metro, conditions vary block to block, and investors should underwrite to on-site measures and current trend data rather than single-year snapshots. On balance, the national positioning is a constructive backdrop, with prudent operations helping to mitigate localized risks.
Proximity to major San Antonio employers broadens the commuter tenant base and supports leasing stability. Notable regional anchors include CST Brands, Andeavor, iHeartMedia, and USAA’s operations and headquarters presence.
- CST Brands — fuel retail HQ (19.5 miles) — HQ
- Andeavor — energy HQ (21.8 miles) — HQ
- iHeartMedia — media HQ (26.4 miles) — HQ
- USAA Ops Building — financial services operations (30.1 miles)
- USAA — insurance & financial services (30.1 miles) — HQ
1045 Sanger Ave aligns with tenant demand fundamentals for New Braunfels: dense everyday amenities, a commuter-friendly location to major San Antonio employment nodes, and a 3-mile radius showing population and household growth that expands the renter pool. According to CRE market data from WDSuite, local rent levels sit above many U.S. neighborhoods, and a higher value-to-income backdrop indicates a high-cost ownership market—both dynamics that can reinforce multifamily leasing and support occupancy stability when product quality is competitive.
Built in 1997, the asset is newer than the neighborhood average, offering relative positioning versus older stock while still benefiting from targeted modernization to capture rent premiums. Operational focus should account for localized variability in safety trends and lighter park/childcare access, but the employment base and neighborhood amenity strengths underpin a durable, needs-based renter profile.
- Amenity-rich suburban location with top-tier dining/café density supporting retention
- 3-mile population and household growth point to a larger tenant base and leasing depth
- 1997 vintage offers competitive positioning versus older stock with value-add potential
- Regional anchors (CST Brands, Andeavor, USAA, iHeartMedia) expand commuter demand
- Risks: lighter parks/childcare access and recent property offense uptick warrant proactive operations