| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 73rd | Best |
| Demographics | 67th | Best |
| Amenities | 19th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 140 Calk Ln, Boerne, TX, 78006, US |
| Region / Metro | Boerne |
| Year of Construction | 2002 |
| Units | 100 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
140 Calk Ln Boerne Multifamily Investment Opportunity
Positioned for steady renter demand in an A- rated neighborhood with occupancy trends near the metro s upper half, this 2002 asset benefits from newer stock relative to nearby properties, according to WDSuite s CRE market data.
Located in Boerne within the San Antonio New Braunfels metro, the neighborhood is rated A- and ranks 134 out of 595 metro neighborhoods competitive among area peers. Neighborhood occupancy is above the metro median, supporting income stability for multifamily operators. Average school ratings are strong (around 4 out of 5), which bolsters family-oriented renter appeal and can aid retention.
Homeownership costs in the neighborhood are relatively elevated (value-to-income measures are high versus U.S. norms), which tends to reinforce reliance on rental housing and support pricing power. At the same time, the neighborhood s rent-to-income levels sit at a moderate range by national standards, a mix that can help sustain lease-up and renewal performance without outsized affordability pressure.
Within a 3-mile radius, population and household counts have grown meaningfully over the last five years, and WDSuite s projections indicate continued population growth with a larger household base ahead. Average household size is projected to trend lower, implying more households and a broader tenant base entering the market actors that typically support occupancy stability for well-run properties.
Amenity density is modest (limited cafes, groceries, and pharmacies within the immediate neighborhood), but park access is comparatively better than many metro peers. For investors, this points to a suburban living profile where schools and space matter more than retail adjacency a workable fit for professionally managed, garden-style multifamily.
Comparable crime statistics for this specific neighborhood are not available in WDSuite s dataset. Investors commonly supplement market screening with local law enforcement reports, city dashboards, and on-the-ground observations to evaluate safety trends at the micro level.
Proximity to major San Antonio employment hubs supports commuter convenience and a diversified renter base, led by energy and financial services anchors listed below.
- Valero Energy energy (16.1 miles) HQ
- USAA Federal Savings Bank financial services bank (19.9 miles)
- Usaa Ops Building operations center (20.1 miles)
- Usaa financial services (20.3 miles) HQ
- Andeavor refining & corporate (20.7 miles) HQ
Built in 2002 with 100 units, the property competes well against an area housing stock that skews older, reducing near-term capital intensity while still leaving room for targeted upgrades to modernize finishes and systems. Neighborhood occupancy trends sit slightly above the metro median, and home values are comparatively high versus local incomes a combination that generally sustains multifamily demand and supports rent discipline, according to CRE market data from WDSuite.
Demographics aggregated within a 3-mile radius show robust population gains historically and continued growth ahead, alongside a projected decrease in average household size. That combination typically expands the renter pool and supports leasing velocity for well-positioned, garden-style communities. Amenity density is modest, but strong schools and suburban fundamentals can resonate with working households seeking space and stability.
- 2002 vintage competes against older local stock, with selective value-add potential
- Occupancy trends above metro median support income stability
- High-cost ownership market reinforces renter demand and pricing power
- 3-mile population and household growth expand the tenant base and support leasing
- Risks: lower amenity density and a projected dip in renter-occupied share may temper demand mix; monitor employer concentration and commute dynamics