| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 64th | Best |
| Demographics | 60th | Best |
| Amenities | 28th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1518 Garner Field Rd, Uvalde, TX, 78801, US |
| Region / Metro | Uvalde |
| Year of Construction | 1975 |
| Units | 120 |
| Transaction Date | 2005-09-26 |
| Transaction Price | $1,600,000 |
| Buyer | DUDAKIA KIRIT |
| Seller | UVALDE LANDMARK LP |
1518 Garner Field Rd, Uvalde TX Multifamily Opportunity
Neighborhood metrics point to strong renter demand and stable occupancy, according to WDSuite’s CRE market data, with investor upside tied to value-add potential at this 1975 vintage asset.
The immediate neighborhood is top-ranked within the Uvalde metro (1 of 14, A+ rating) and shows occupancy strength at the neighborhood level, with performance in the top quartile nationally; these are neighborhood measures, not property-level results. Renter-occupied share is high for the area (ranked 1 of 14 and in the upper national percentiles), indicating a deep tenant base that can support leasing stability for multifamily assets.
Within a 3-mile radius, households have grown even as total population edged lower, reflecting smaller household sizes and a shift that typically supports multifamily demand. Projections indicate a notable increase in households and a larger renter pool over the next five years, which should help support occupancy and leasing velocity if new supply remains measured.
Relative affordability supports retention: neighborhood rent-to-income sits at a level that suggests manageable renter budgets, while the metro’s value-to-income ratio is elevated versus national norms, a combination that tends to reinforce reliance on rental housing and can support pricing power over time with disciplined lease management. Median neighborhood rents are below national medians today, leaving room for gradual adjustments as incomes rise.
Amenity access is mixed. Café density ranks at the top of the Uvalde metro (1 of 14) and overall amenities are competitive among Uvalde neighborhoods (rank 4 of 14), while grocery access sits above the metro median. Park, pharmacy, and childcare options are thinner locally, which investors should weigh when positioning for families versus workforce renters. The asset’s 1975 construction predates the neighborhood’s average vintage (late 1980s), suggesting potential value-add through systems modernization and targeted interior upgrades to compete with newer stock.
Comparable crime data for this neighborhood are not available in WDSuite for ranking or national percentile comparison. Investors typically contextualize safety using multiple sources and trends at the city and county levels, and incorporate property-level measures (lighting, access control) into underwriting and capital planning.
This 120-unit, 1975-vintage property aligns with a neighborhood that ranks at the top of the Uvalde metro and exhibits strong occupancy at the neighborhood level. A high renter-occupied share indicates depth in the tenant base, while relative affordability (low rent-to-income at the neighborhood level) supports retention and measured rent growth, according to CRE market data from WDSuite. The older vintage points to straightforward value-add and systems upgrades to enhance competitive positioning against newer inventory.
Within a 3-mile radius, household counts have risen and are projected to expand, implying a larger renter pool and support for occupancy stability. Amenity access is competitive for daily needs, though limited parks and childcare nearby suggest positioning toward workforce renters may be most effective. Elevated ownership costs in the broader context reinforce sustained rental demand, but lease management should balance pricing with affordability to protect renewals.
- Top-ranked neighborhood in Uvalde (1 of 14) with strong neighborhood-level occupancy supporting leasing stability
- High renter-occupied share signals deep tenant base and demand resilience
- 1975 vintage offers clear value-add and systems modernization potential versus late-1980s neighborhood average
- 3-mile household growth and projected renter pool expansion support occupancy and rent optimization
- Risks: limited parks/childcare nearby and older building systems require capital planning and precise lease management