| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 39th | Poor |
| Demographics | 19th | Poor |
| Amenities | 58th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 535 W Hutchins Pl, San Antonio, TX, 78221, US |
| Region / Metro | San Antonio |
| Year of Construction | 1985 |
| Units | 45 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
535 W Hutchins Pl San Antonio Multifamily Investment
Neighborhood occupancy trends sit around the San Antonio metro median, and accessible rents support steady workforce renter demand, according to WDSuite s CRE market data.
This inner-suburb location offers everyday convenience with strong food-and-beverage coverage; restaurant density is in the top decile nationally, and grocery access scores above average. Caf e9 and childcare presence also test well versus national peers, contributing to day-to-day livability that supports leasing and retention.
At the neighborhood level, overall performance ranks in the middle tier among 595 San Antonio neighborhoods, with occupancy near the metro median and a renter-occupied share around two-fifths. That renter concentration indicates a viable tenant base for multifamily, while the area a0remains balanced enough that homeownership still plays a role in housing decisions. For investors, that mix typically translates into durable but competitive leasing dynamics rather than outsized pricing power.
Within a 3-mile radius, households increased even as average household size declined over the last five years, expanding the pool of potential renters. Forward-looking projections indicate additional household growth by 2028, which points to a larger tenant base and supports occupancy stability. Median advertised rents remain comparatively accessible locally and are projected to grow from current levels, a setup that can aid lease-up velocity without overextending affordability.
The property a0(1985 vintage) is newer than the neighborhood a0average housing stock (1970s era), providing a relative competitiveness edge versus older assets while still leaving room for targeted modernization to further differentiate. School ratings trend below national averages, which can influence family renter demand in certain unit mixes, and park/pharmacy access is limited; both factors warrant underwriting attention. Even so, amenity breadth, commute connectivity within the metro, and sustained renter demand position the area as a practical workforce housing node for investors conducting multifamily property research.
Safety indicators in this neighborhood track below national averages, with crime metrics positioned in the lower tiers versus U.S. neighborhoods. Within the San Antonio metro, the area sits in the lower half of 595 neighborhoods by crime rank. Recent property and violent offense trends have moved modestly higher year over year, so investors should account for security measures and tenant screening in operations and underwriting. Comparisons should be made to nearby submarkets to calibrate achievable rents and renewal strategies.
- Iheartmedia media HQ (10.3 miles) HQ
- Usaa financial services (13.5 miles) HQ
- Usaa Ops Building financial services operations (13.8 miles)
- USAA Federal Savings Bank banking operations (14.0 miles)
- Valero Energy energy (17.7 miles) HQ
Proximity to major corporate anchors supports a broad employment base and commute-friendly housing demand, led by media and financial services headquarters and large operations centers noted below.
The investment thesis centers on steady renter demand, mid-80s vintage value-add potential, and accessible rent positioning relative to incomes. Based on CRE market data from WDSuite, neighborhood occupancy trends are around the metro median and restaurant/grocery amenity coverage outperforms many peers, helping support leasing and day-to-day livability. The 1985 construction is newer than much of the surrounding 1970s housing stock, offering a competitive baseline with scope for targeted renovations to enhance rent premiums and retention.
Within a 3-mile radius, households have grown even as household size declined, effectively broadening the renter pool. Looking ahead to 2028, household counts are projected to expand further, which can underpin occupancy stability. Ownership costs remain relatively accessible locally, suggesting some competition with entry-level ownership; however, a mid-range rent-to-income profile supports ongoing apartment reliance among workforce tenants. Key underwriting considerations include below-average school ratings, limited park/pharmacy access, and crime metrics that trend below national percentiles.
- 1985 vintage offers value-add and modernization upside versus older neighborhood stock
- Occupancy near metro median with growing household counts supports demand and retention
- Accessible rent positioning relative to incomes with strong everyday amenities (restaurants/grocery)
- Risks: lower school ratings, limited parks/pharmacies, and below-average safety require operational focus