Updated almost 3 years ago on . Most recent reply
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What kind of demand for STR Bulverde Texas?
#1 Guru, Book, & Course Reviews Contributor
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- San Antonio
So I have a rehab on a property in Bulverde Texas. The house is a five bedroom 2 1/2 bath house. With an attached one bedroom one bath apartment. It has several acres and the property is situated where a person would have a very scenic view of the hill country. Bulverde Texas is basically a suburb of San Antonio. I'm trying to figure out whether or not to sell the property or refinance it and keep it as a short term rental. The property is too expensive to be a regular long-term rental. It is not in an HOA. I'm not sure if there is demand for this sort of product in Bulverde. It will definitely have to be more than the cheap bait and switch Short term rentals to take place in San Antonio.
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It may be worth testing the resale market!
For short term rentals in SA, the highest revenue grossing properties can accommodate 8-12 over night guests with a pool. The traffic back up on hwy 281 can be a hinderance and may result in negative guest feedback getting to and from downtown. The commute to the theme parks along 1604 is another hurdle. In my opinion, if you had a pool at this property it may be worth listing as an STR. Is the property running on sewer or septic?