| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 52nd | Fair |
| Demographics | 17th | Poor |
| Amenities | 27th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3301 W Woodlawn Ave, San Antonio, TX, 78228, US |
| Region / Metro | San Antonio |
| Year of Construction | 1972 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
3301 W Woodlawn Ave, San Antonio TX Multifamily Investment
Neighborhood occupancy around 92% and a high renter-occupied share point to a durable tenant base, according to CRE market data from WDSuite. Positioning and operations matter here given mixed amenity access and evolving household trends.
Located in an Inner Suburb of San Antonio, the property sits in a neighborhood rated "C" (ranked 482 of 595 metro neighborhoods), indicating conditions that are below the metro median but investable with the right strategy. Restaurants are comparatively accessible (around the 75th percentile nationally), while everyday retail like groceries, pharmacies, parks, and cafes are limited locally.
Neighborhood occupancy is about 92% (above the national median at roughly the 54th percentile), and the renter-occupied share is high at roughly 58% (around the 93rd percentile nationally). For multifamily investors, this suggests depth in the tenant pool and supports leasing stability, though pricing decisions should account for local affordability.
Within a 3-mile radius, households grew over the past five years while population edged lower, and forecasts call for additional household growth alongside smaller average household sizes by 2028. This pattern typically expands the renter pool and supports occupancy, even as demographics shift.
Home values in the neighborhood track on the lower side nationally, yet the value-to-income ratio is high versus peers (around the 87th percentile), indicating a relatively high-cost ownership market for local incomes. That dynamic tends to sustain reliance on rental housing, while a rent-to-income ratio near 30% signals potential affordability pressure that owners should manage through renewals and tenant retention strategies.
Vintage context: the asset’s 1972 construction is slightly older than the neighborhood average year (1974). Investors should underwrite ongoing capital needs and consider targeted value-add to enhance competitiveness against newer stock.
Safety indicators for the neighborhood are weaker than many parts of the region, with crime conditions below the metro median (ranked 203 out of 595 San Antonio–New Braunfels neighborhoods). Nationally, safety percentiles are low, indicating higher-than-average incident rates compared to U.S. neighborhoods overall.
Recent momentum shows improvement: estimated property offenses declined meaningfully year over year (improvement in the upper half nationally), and violent offense rates also eased modestly. For underwriting, this points to a trend to monitor rather than a resolved risk; investors may want to plan for security measures and resident engagement to support retention.
Proximity to major employers such as USAA, iHeartMedia, and Valero Energy supports a broad workforce tenant base and commute convenience, reinforcing leasing fundamentals for workforce-oriented units.
- USAA — financial services (5.3 miles) — HQ
- iHeartMedia — media (5.4 miles) — HQ
- USAA Ops Building — financial services operations (5.6 miles)
- USAA Federal Savings Bank — banking (5.8 miles)
- Valero Energy — energy (9.5 miles) — HQ
This 24-unit, 1972-vintage asset offers stable neighborhood occupancy, a high renter concentration, and proximity to major employment nodes. Based on commercial real estate analysis from WDSuite, local ownership costs relative to income reinforce reliance on rental housing, while household growth within a 3-mile radius points to a larger tenant base even as average household size trends lower.
Operationally, investors should plan for targeted value-add and capital projects typical of 1970s construction to drive competitiveness and retention. Affordability pressure (rent-to-income near 30%) and safety perceptions are underwriting considerations, but nearby employers and steady renter demand support a resilient leasing outlook.
- High renter-occupied share supports demand depth and occupancy stability
- Household growth within 3 miles expands the tenant base despite flat-to-declining population
- 1972 vintage offers value-add potential; plan for ongoing CapEx
- Employer proximity (USAA, iHeartMedia, Valero) supports leasing fundamentals
- Risks: affordability pressure and safety perceptions require active lease and property management