| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 53rd | Fair |
| Demographics | 53rd | Good |
| Amenities | 15th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 112 Lone Oak Dr, Floresville, TX, 78114, US |
| Region / Metro | Floresville |
| Year of Construction | 2010 |
| Units | 28 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
112 Lone Oak Dr, Floresville TX Multifamily Thesis
Neighborhood occupancy appears competitive within the San Antonio metro, and 3-mile household growth points to a stable renter pipeline, according to WDSuite s CRE market data; note these metrics describe the neighborhood, not the property.
Floresville sits on the outer edge of the San Antonio New Braunfels region with a Rural neighborhood profile and a B- neighborhood rating. The area s occupancy rate ranks 190 out of 595 metro neighborhoods (competitive among San Antonio New Braunfels neighborhoods), supporting expectations for steady lease-up and retention at properly positioned assets. Renter concentration in the neighborhood is low, however, which suggests a smaller immediate tenant base and emphasizes the importance of asset differentiation and targeted leasing.
Within a 3-mile radius, demographics indicate a growing housing market: recent years show population expansion and a notable increase in households, with forecasts pointing to continued household growth by 2028. This pattern typically supports a larger tenant base and occupancy stability, even in owner-leaning areas, as more households enter the market and seek flexible housing options.
Livability indicators are mixed. Average school ratings trend around 3.0 and rank 82 out of 595 in the metro, placing local schools in the top quartile among San Antonio New Braunfels neighborhoods. Amenities inside the neighborhood are sparse (limited retail, dining, and services), though park access is around the national mid-to-upper range, and grocery options are present but not dense. Investors should underwrite for a more car-dependent resident profile and consider on-site features that offset limited walkable amenities.
For ownership context, neighborhood home values sit near the national midpoint, and the value-to-income ratio indicates a relatively accessible ownership market compared with coastal metros. In investor terms, more accessible ownership can create competition for higher-income renters, which argues for disciplined rent positioning and a focus on service quality to sustain pricing power and renewals. The property s 2010 vintage is slightly newer than the neighborhood average (2007), which can enhance competitive positioning versus older stock, while still warranting capital planning for systems and common-area refresh over the hold.
Comparable neighborhood crime metrics are not available in WDSuite for this location. Investors typically benchmark safety by comparing neighborhood-level trends to metro and national percentiles when data is present, and supplement with third-party reports and local law enforcement briefings during diligence.
Given the rural setting and commute orientation to larger job centers, underwriting should incorporate standard safety reviews (day/night site visits, property lighting and access controls, and recent incident trend checks) to align operational plans with resident expectations.
Regional employment depth is anchored by media, financial services, and energy headquarters in the San Antonio area, which can support renter demand through commute access: Iheartmedia, USAA and related operations, CST Brands, Andeavor, and Valero Energy.
- Iheartmedia media (25.6 miles) HQ
- Usaa financial services (31.5 miles) HQ
- Usaa Ops Building financial services operations (31.7 miles)
- Cst Brands energy retail (31.8 miles) HQ
- USAA Federal Savings Bank banking (32.0 miles)
112 Lone Oak Dr is a 2010-vintage, 28-unit asset positioned in an owner-leaning Rural neighborhood where occupancy ranks competitively within the San Antonio New Braunfels metro. The property s slightly newer vintage than the local average supports relative competitiveness versus older stock, while still calling for prudent capital planning over the hold. Within a 3-mile radius, population and household growth have expanded the resident base and are projected to continue, which supports multifamily demand and occupancy stability as more households seek flexible housing options. According to CRE market data from WDSuite, neighborhood fundamentals and forward household growth point to steady renter demand despite limited nearby amenities.
Underwriting should acknowledge a smaller renter pool locally and plan for amenity and service differentiation to attract and retain residents commuting to major employers in San Antonio. Homeownership remains relatively accessible in this part of the metro, which can cap near-term pricing power; however, growing households and upward-trending rents in the area support a case for disciplined rent growth tied to unit quality and management execution.
- Competitive neighborhood occupancy within the metro supports lease-up and renewal stability.
- 2010 vintage offers a slight edge versus older stock, with manageable modernization needs.
- 3-mile population and household growth expand the tenant base and support demand.
- Proximity to major San Antonio employers underpins commuter demand for workforce housing.
- Risks: owner-leaning area and limited local amenities may constrain pricing power without strong asset differentiation.