| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 73rd | Best |
| Demographics | 67th | Best |
| Amenities | 19th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1 Doeskin Dr, Boerne, TX, 78006, US |
| Region / Metro | Boerne |
| Year of Construction | 1993 |
| Units | 54 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1 Doeskin Dr Boerne Multifamily with Stable Renter Demand
Neighborhood occupancy is steady and renter concentration is competitive for the San Antonio–New Braunfels metro, according to WDSuite’s CRE market data, supporting a durable tenant base rather than rapid turnover.
Boerne’s inner-suburban setting offers a balanced mix of suburban calm and access to regional job nodes. While local walkable retail is limited, residents typically rely on nearby corridors for daily needs, and parks coverage ranks above many peers (ranked 113 of 595 in the metro; national percentile 68). Average school ratings are a relative strength for the area, with a 4.0 average that places the neighborhood among the stronger options locally (ranked 28 of 595; top quartile nationally). These factors help underpin family-oriented renter demand and retention.
On the rental side, neighborhood occupancy is measured at 93.1% and trends above the metro median (ranked 273 of 595), while the share of housing units that are renter-occupied is competitive among San Antonio–New Braunfels neighborhoods (ranked 104 of 595; national percentile 88). This suggests a deeper tenant pool and solid leasing velocity for multifamily assets, with fewer pronounced swings through the cycle compared to lower-renter submarkets.
Rent levels and housing costs reinforce this demand dynamic. Neighborhood median contract rent sits above the metro median (ranked 148 of 595; national percentile 68), and elevated home values relative to incomes (value-to-income ratio at a high national percentile) indicate a high-cost ownership market that can sustain reliance on rental housing. At the same time, rent-to-income is comparatively moderate (national percentile 23), which reduces near-term affordability pressure and can support lease retention.
Within a 3-mile radius, population and households have expanded over the past five years, and WDSuite’s data indicate continued household growth ahead even as average household size is projected to trend lower. For investors, that combination implies more households entering the market and a larger renter base, which generally supports occupancy stability and consistent renewal opportunities.
The asset’s vintage at 1993 is slightly newer than the neighborhood’s average 1990 construction year, giving it a modest competitive edge versus older stock. Investors should still underwrite for aging systems and common-area refreshes while considering targeted renovations to capture value-add upside.
Comparable crime metrics for this neighborhood are not available in the current WDSuite data release. Investors typically benchmark property-level security features and recent trend data against city and county baselines to contextualize risk and tenant experience.
Standard underwriting practice includes reviewing third-party crime trend sources, speaking with local managers, and assessing lighting, access control, and sightlines on site to support resident retention and asset protection.
Regional employment anchors within commuting range include energy and financial services, which support renter demand through a stable white-collar and operations workforce: Valero Energy, USAA Federal Savings Bank, USAA Ops Building, USAA, and Andeavor.
- Valero Energy — energy (17.6 miles) — HQ
- USAA Federal Savings Bank — banking (21.4 miles)
- Usaa Ops Building — operations center (21.7 miles)
- Usaa — financial services (21.9 miles) — HQ
- Andeavor — energy (22.3 miles) — HQ
1 Doeskin Dr is a 54-unit, 1993-vintage multifamily asset with average unit sizes around 835 sq. ft., positioned in a neighborhood that shows above-median occupancy and a renter-occupied housing share competitive within the San Antonio–New Braunfels metro. Elevated ownership costs and moderate rent-to-income readings point to durable rental reliance and manageable affordability pressure, supporting renewal rates and pricing discipline through the cycle, based on commercial real estate analysis from WDSuite.
The property’s slightly newer vintage versus the neighborhood average suggests relative competitiveness versus older stock, while still leaving room for targeted value-add—particularly kitchens, baths, and energy systems. Household growth within a 3-mile radius and a strong school backdrop add to leasing depth, though investors should account for auto-oriented amenities and monitor income trends that could influence future rent growth.
- Above-median neighborhood occupancy and competitive renter concentration support steady leasing
- Elevated ownership costs and moderate rent-to-income reinforce rental demand and retention
- 1993 vintage offers relative competitiveness with scope for targeted value-add upgrades
- Household growth within 3 miles and strong local schools deepen the tenant base
- Risks: auto-oriented amenities and potential softening of household incomes may temper rent growth