Canadian Investor - Analyzing San Antonio
Hi BP
I was wondering if anybody had some insights in the San Antonio market. I'm from Toronto, Canada and I am new to the Bigger Pocket platform. I am still in the learning phase where I'm listening to podcast and reading books.
I have started to analyze the San Antonio market and I have a couple of questions.
I was looking at zipcode 78244 and noticed that the homes were ranging between 120K to 249K while rents had a median value of 1400 to 1600 for a three bedroom home. I used Trulia to look at the crime map of that area and it's low. However when I looked at the schools assigned to the houses in the area, it wasn't great. Those schools had ratings of 3/10 to 4/10.
My question is, does anyone know if this area has something of value to a renter since the rental price of 1400 to 1500 a month is comparable to other zip codes in San Antonio that have better schools.
Cheers,
Can Yilmaz
Most Popular Reply
Good ol' Judson ISD! Unfortunately, they don't have a good education scoring reputation. But amazing athletic programs. A good friend of mine is the Band Director at Judson High and she has a great program too.
That side of San Antonio is a great side for rentals. You do have a pretty wide range of tenants there so screen thoroughly. There is more of our warehousing, manufacturing, trucking, and such on that side of town. So, lots of hard-working people over there. And since San Antonio is such a large (sqmi) city most people don't like to commute too far.
Personally, I stay out of the Sunrise neighborhood. It' has the nickname "Gun"rise due to gang violence.
Any other questions I can help with?