San Antonio Property Management

Ready to Invest in San Antonio, Texas? Here’s What You Need to Know

While cities like Dallas, Austin, and Houston tend to grab national headlines, San Antonio is one of the liveliest and fastest-growing cities in the country. Most people are surprised to learn that it’s actually the seventh-most populous city in the entire country (and second-most populous in the state of Texas). Thus, when it comes to a real estate investment, it’s hard to overestimate the potential San Antonio has to offer.

Location

Situated roughly 75 miles southwest of the capital city, Austin, approximately 190 miles west of Houston, and right around 250 miles south of the Dallas-Fort Worth metropolitan area, San Antonio finds itself nestled in the heart of Texas.

The city of San Antonio consists of a total area of 465 square miles, most of which consists of gently sloping terrain, centuries-old oak trees, mesquite, cacti, and lush vegetation.

San Antonio can be divided into a number of distinct neighborhoods, including Downtown, North Central, Northwest Side, South Side, East Side, and West Side. Each neighborhood has its own unique market trends and defining characteristics.

Population and Demographics

The official population of San Antonio is approximately 1.55 million people. That represents an impressive 16.6 percent population growth over the past decade.

The median age is 33 years old, with 64 percent of the population identifying as Hispanic, 25 percent as white, 6 percent as black, 3 percent as Asian, and the remaining 2 percent as “other.”

In total, there are 501,400 households in San Antonio. Approximately 44 percent of the population is married. The median per capita income is $25,894, while the median household income is $52,455.

San Antonio’s economy is one of the fastest-growing in the entire country. Between its military bases, government jobs, and a booming private sector, there’s something for everyone.

Area History

San Antonio's fast growth is indicative of its rich history. The city serves as the seat of Bexar County, and the larger metropolitan area has a population exceeding 2.5 million people.

The city’s name can be traced back to 1691, when it was named by a Spanish expedition for Saint Anthony of Padua, a Portguese priest whose feast day takes place on June 13. San Antonio is unique in that it contains five different 18th-century Spanish frontier missions, including the famed Alamo.

Education

San Antonio is a highly educated city. Approximately 82.4 percent of residents have a high school diploma or higher, while one in four have a bachelor’s degree or higher. Just under 10 percent of the San Antonio population has a postgraduate degree.

Things to Do

As one of the largest cities in the country, there’s always something going on in San Antonio. Here are some of the top attractions and experiences in the area:

• The Alamo. When most people think of San Antonio, it’s The Alamo that comes to mind first. And even for locals who pass it daily, there’s something truly special about this historic landmark.
• River Walk. When it comes to nightlife, fine dining, and San Antonio culture, the River Walk is the place to be. It’s a must for dining, relaxing, shopping, and people watching!
• San Antonio Zoo. Texas doesn’t do anything small – and the San Antonio Zoo is no exception. This 35-acre zoo has an impressive collection of more than 3,500 animals across 750 different species. Annual attendance regularly exceeds 1 million visitors.
• Natural Bridge Caverns. If you want to retreat from the hustle and bustle of the city, you can always take a walk down into the coolness of the Natural Bridge Caverns. Officially recognized as the largest known commercial caverns in the state of Texas, the Natural Bridge Caverns are named after the 60-food limestone slab bridge that was left standing after a sinkhole collapsed beneath it. (Don’t worry – they’ve got it all figured out now!)

These are just a few of the top attractions. All it takes is a stroll through San Antonio and you’ll find plenty to see and do!

Home Prices and Trends

There are an estimated 548,473 housing units in San Antonio real estate. Approximately 54 percent of them are owner-occupied, while 46 percent (252,297) are renter occupied. Two out of three housing units are single family properties.

The data shows that the median value of all housing units in San Antonio is $146,400. Just 12 percent of housing units exceed $300,000 in value, making it much more affordable than most other cities in the same size range.

Is San Antonio the Best Place for You?

San Antonio is renowned for its history and culture. But it’s also one of the top real estate markets in the country. Here are a few signs that it might be a good fit for you and your single family.

• Do you want affordability? While San Antonio certainly has its fair share of luxury real estate, it’s a surprisingly affordable big city. If you’re looking for that urban feel without breaking the bank, this could be it.
• Do you want upside? As one of the fastest-growing cities in the country, San Antonio offers plenty of upside as an investment. The population is expected to continue growing at an above-average rate over the next 10 years, which means your money will go to work for you.
• Are you looking for convenience? There’s arguably no better location in the state of Texas. With close proximity to Austin, Houston, and the Galveston Bay, there’s something for everyone!

There’s never been a better time to move to San Antonio and call this beautiful city home. Whether you’re looking to buy a single family home or gobble up investment properties, there are ample opportunities to come out ahead. Contact us today and we’d be happy to find the best and highly experienced San Antonio real estate professionals!