| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 53rd | Fair |
| Demographics | 53rd | Good |
| Amenities | 55th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 795 Interstate 35 S, New Braunfels, TX, 78130, US |
| Region / Metro | New Braunfels |
| Year of Construction | 1978 |
| Units | 60 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
795 Interstate 35 S New Braunfels Multifamily Investment
Neighborhood occupancy trends in the low-90% range support stable leasing conditions, according to WDSuite s CRE market data, with a renter-occupied housing share near one-quarter indicating steady but measured demand depth at the neighborhood level.
Positioned in suburban New Braunfels within the San Antonio New Braunfels metro, the property benefits from a neighborhood rated A- (ranked 122 among 595 metro neighborhoods), indicating competitive livability for workforce renters. Grocery access is a relative strength, with the neighborhood in the 91st percentile nationally for grocery density (rank 67 of 595), and everyday services like pharmacies (77th percentile; rank 104 of 595) and childcare (84th percentile; rank 72 of 595) adding convenience for residents.
For investors, rent and occupancy trends point to approachable pricing and demand resilience at the neighborhood scale. Neighborhood median contract rents sit in the lower tiers locally, while neighborhood occupancy trends in the low-90% range are above the metro median (rank 268 of 595), suggesting support for pricing power without over-reliance on top-end renters. The area s rent-to-income ratio stands favorably around 0.11, which can aid retention and reduce turnover risk.
Vintage dynamics matter: built in 1978, the asset is older than the neighborhood s average construction year (1993; rank 333 of 595, 75th percentile nationally). This typically implies thoughtful capital planning around interiors, exteriors, and building systems, with potential value-add upside through targeted renovations that improve competitiveness against newer stock.
Demographic statistics aggregated within a 3-mile radius show population growth of roughly 18% over the last five years and a 25%+ increase in households, expanding the local tenant base. WDSuite s projections indicate further renter pool expansion via continued household growth through 2028, even as average household size trends smaller, which can sustain multifamily demand and support occupancy stability over time.
On home values and accessibility, neighborhood median home values are moderate for the region, which can create some competition from ownership. However, rising incomes in the 3-mile area and approachable neighborhood rents support lease retention, while strong amenity access and daily-needs convenience tend to reinforce renter stickiness and reduce concessions risk in typical leasing cycles.
Safety indicators are mixed but generally competitive. Compared with neighborhoods nationwide, the area sits in the Top quartile nationally on violent offense rates (71st percentile) and property offense rates (74th percentile), indicating comparatively safer conditions. Within the San Antonio New Braunfels metro, this positions the neighborhood as competitive rather than an outlier.
Recent momentum is worth monitoring: violent offense estimates improved year over year (above the national median for improvement), while property offense estimates showed an uptick in the latest period. Investors should underwrite with contemporary security practices and monitor trendlines as part of standard risk management rather than treating safety as static.
The employment base includes nearby corporate offices and headquarters that underpin commuter demand and retention, notably energy, media, and financial services employers listed below.
- CST Brands convenience retail & fuel (18.7 miles) HQ
- Andeavor energy & refining (21.0 miles) HQ
- iHeartMedia media & broadcasting (25.5 miles) HQ
- USAA insurance & financial services (29.2 miles) HQ
- Valero Energy energy & refining (30.0 miles) HQ
The investment thesis centers on stable demand drivers with value-add potential. Neighborhood occupancy trends in the low-90% range and favorable rent-to-income dynamics support ongoing leasing stability, according to CRE market data from WDSuite. Within a 3-mile radius, strong historical and projected household growth points to a larger tenant base over the medium term, while moderate neighborhood home values may create some competition from ownership but also limit extreme price volatility. Built in 1978, the property may benefit from targeted renovations that enhance competitiveness versus the neighborhood s newer stock.
Risks include the property s older vintage implying capex planning and a recent uptick in neighborhood-level property offense estimates that warrant ongoing monitoring. Even so, the combination of daily-needs amenities, commuting access along the I-35 corridor, and a diversified regional employer base supports demand durability through cycles.
- Stable neighborhood occupancy with supportive rent-to-income dynamics aids retention
- 3-mile household growth and projections expand the local renter pool
- 1978 vintage offers value-add potential via targeted renovations and system upgrades
- Proximity to regional employers and I-35 supports leasing and renewal velocity
- Risks: older building capex needs and recent property offense uptick require monitoring