Where should I look to buy in San Antonio?

San Antonio, Texas
Buying & Selling Real Estate
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Where should I look to buy in San Antonio?

Jaime Pinedo
Rental Property Investor · Roanoke, TX · Member since 2019 · 7 posts · 4 votes

I am a resident of Dallas, TX, interested in entering the San Antonio market. However, I am unfamiliar with the area. Could anybody provide me with suggestions for promising investment areas or any other advice?

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Rick Pozos
Wholesaler, Rehabber and Landlord · San Antonio, TX · Member since 2014 · 2k+ posts · 2k+ votes
2y

What's wrong with Dallas?? Big city and you know the area. Stay where you have an advantage. I say this for your benefit. You know the good areas and bad ones in your area. It is too easy to get into the wrong property in an area that you know nothing about. 

Too many people want to go out of city of state because they are chasing the 'better' returns. The unknown is a big factor that WILL cost you money in the long run. Invest where you are.

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  • Justin BrickmanBusiness Member
    Realtor · San Antonio, TX · Member since 2021 · 502 posts · 274 votes
    2y

    $300-$400K range 

    - Northeast - (anything in the Reagan or Johnson school district. Thousand Oaks, Stone Oak, Encino Park, Bulverde, etc)

    - Schertz/Cibilo (not far from military bases, easy access to Austin/New Braunfels, up and coming/ many new nice neighborhoods)

    $250-325K Range

    Northwest - (Near UTSA, Medical Center, Shavano Park, Rim)

    $200-275K Price Range

    Far West - Castroville, Alamo Ranch, Sea World Area

    [email protected]210-827-6020
    Justin Brickman Realty4.9145 Reviews
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  • Jaime Duron
    Realtor · Austin, TX · Member since 2019 · 69 posts · 28 votes
    2y

    Hi @jaime Pinedo! It really depends on what strategy your trying to implement as some areas are better for STR/MTR then long term and vice versa. I'd be happy to have a conversation with you on what you're trying to do.

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  • Robert Finn
    Realtor · San Antonio, TX · Member since 2021 · 150 posts · 107 votes
    2y

    @Jaime Duron I recently picked up another rental in the southwest area (near Lackland AFB) that has been over 75% occupancy with MTR/STR demand. Rentals near Fort Sam Houston have also done well for me over the past 4 years with STR and we are seeing long term rents increase dramatically there as well. Happy to discuss further, good luck on the search!

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  • Cindy Cheng
    Rental Property Investor · Member since 2021 · 23 posts · 5 votes
    2y
    Quote from @Justin Brickman:

    $300-$400K range 

    - Northeast - (anything in the Reagan or Johnson school district. Thousand Oaks, Stone Oak, Encino Park, Bulverde, etc)

    - Schertz/Cibilo (not far from military bases, easy access to Austin/New Braunfels, up and coming/ many new nice neighborhoods)

    $250-325K Range

    Northwest - (Near UTSA, Medical Center, Shavano Park, Rim)

    $200-275K Price Range

    Far West - Castroville, Alamo Ranch, Sea World Area

    Hi Justin!

    thanks for posting this summary! Do you also know the average rental rates for each area? Where do you think has less saturation and more opportunity for LTR?

    I’m looking to invest in a SFH LTR to start with in San Antonio or Austin but I’m afraid of getting something in an over saturated market. I’m also in the northeast so I want something that is turnkey and accessible to property managers. 
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  • Rick Pozos
    Wholesaler, Rehabber and Landlord · San Antonio, TX · Member since 2014 · 2k+ posts · 2k+ votes
    2y

    What's wrong with Dallas?? Big city and you know the area. Stay where you have an advantage. I say this for your benefit. You know the good areas and bad ones in your area. It is too easy to get into the wrong property in an area that you know nothing about. 

    Too many people want to go out of city of state because they are chasing the 'better' returns. The unknown is a big factor that WILL cost you money in the long run. Invest where you are.

    3Reply
  • Bruce Lynn
    Real Estate Broker · Coppell, TX · Member since 2011 · 5k+ posts · 4k+ votes
    2y
    Quote from @Jaime Pinedo:

    I am a resident of Dallas, TX, interested in entering the San Antonio market. However, I am 

    If you're in Roanoke, plenty of opportunity all around Ft. Worth.  You don't have to complicate things by going to SA, unless there is just some crazy compelling reason, like you plan to move there soon.   You have a inside track to high paying STR/MTR residents, or something that is just out of the ordinary.   While some people are forced to invest OOS, and sometimes it makes sense, I think for most investors, staying close to home solves lots of problems and Warren Buffet says invest in what you KNOW.  Investing in what you don't know is super risky.
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  • Drew SygitBusiness Member
    Property Manager · Royal Oak, MI · Member since 2012 · 12k+ posts · 9k+ votes
    2y

    What property Class are you targeting?

    [email protected]248-209-6824
    Logical Property Management4.9460 Reviews
    WebsiteView Page
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  • Timothy G Dunson
    Real Estate Agent · San Antonio, TX · Member since 2018 · 64 posts · 12 votes
    2y
    Quote from @Jaime Pinedo:

    I am a resident of Dallas, TX, interested in entering the San Antonio market. However, I am unfamiliar with the area. Could anybody provide me with suggestions for promising investment areas or any other advice?

     Good morning Jaime. In my opinion I believe NE SA is going to develop the most rapidly towards Austin and vice versa. Most people don't actually know how close these 2 major metros are. If you live in San Marcos it is roughly 30 minutes north on I35 to Austin and about the same south on I35 to San Antonio. This is why I bought my home in Schertz. I think that corridor along I35 will be booming for the next few decades. This is all opinion and speculation but I have put my money where my mouth is. I'm going to send you a connect request. 

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