Real Estate Investing in San Antonio, Texas (78239)
Should you buy in 78239 (San Antonio, TX)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
No major risk flags on the data we track.
What’s happening in San Antonio, TX (78239)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 78239 San Antonio
Not every below-median market is a bargain. San Antonio's 78239 ZIP shows signals that favor experienced operators who can absorb the risk $219K pricing implies.
The 78239 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
ZIP 78239's metrics run below Bexar County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Demographically, 78239 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
The 78239 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in San Antonio:
Property Strategy for 78239
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $132,962 | $1,500 | 8.1% | +3.2% | $66,481 |
| 3BR | $206,446 | $1,920 | 6.7% | +3.8% | $68,815 |
| 4BR | $254,292 | $2,240 | 6.3% | +4.4% | $63,573 |
| 5BR | $317,975 | — | — | +5.3% | $63,595 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 78239 Compare?
| Metric | 78239 | San Antonio | San Antonio-New Braunfels, TX | Texas |
|---|---|---|---|---|
| Home Value | $218,735 | $280,846 | N/A | $297,000 |
| 5-Year CAGR | 2.5% | 2.4% | N/A | 5.4% |
| Avg Rent | $1,597 | $1,443 | N/A | - |
| Cap Rate | 5.7% | 4.7% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 78239 (San Antonio, TX). Anonymous, moderated, never written by AI.
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Property managers serving Bexar County
Manage rentals here? List your business →Forefront Property Management offers residential, multi-family, and commercial property management services in San Antonio, aiming to simplify property ownership. summary from their website
Hill Country Homeowners Association Management specializes in personalized financial and administrative management services for homeowner's associations in San Antonio and the Texas Hill Country. summary from their website
PMI San Antonio offers residential and commercial property management services in San Antonio, including marketing, tenant screening, rent collection, and financial reporting. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $218,735 |
| Monthly Rent | $1,597 |
| Price-to-Rent | 11.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.8% |
| Cap Rate | 5.7% |
| 5-Year IRR | 8.2% |
📈 Home Appreciation
| 1-Year | -1.6% ▼ |
| 3-Year CAGR | -2.4% ▼ |
| 5-Year CAGR | +2.5% ▲ |
| 10-Year CAGR | +5.1% ▲ |
🏠 Rent Trends
| 1-Year | +5.4% ▲ |
| 3-Year CAGR | +3.4% ▲ |
| 5-Year CAGR | +5.7% ▲ |
The current 30-yr mortgage rate (6.5%) exceeds the estimated cap rate (5.7%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 78239
Population: 29,855
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 78239
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 1,967 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the median home value in San Antonio, TX?
The median home value in San Antonio, TX is roughly $219K. That puts it reasonable relative to the TX statewide average.
Is the tenant base reliable in San Antonio, TX?
San Antonio, TX draws a measured base of working renters. Demand at the $1,597/mo rent level is reasonable for standard single-family and small multi rentals.
How strict are landlord regulations in San Antonio, TX?
TX law landlord-friendly for landlords, and San Antonio inherits those rules. Investors should still review local ordinances for rental licensing.
Is house hacking profitable in San Antonio, TX?
The house hack math a challenging in San Antonio, TX. Owner-occupant buyers benefit from the $1,597/mo rents and $219K home values.
Is San Antonio, TX a good market for buy-and-hold investors?
With a 3.0/5 investability score, San Antonio, TX ranks as a solid market for rental property investors. Median prices of $219K and rents of $1,597/mo drive the underlying numbers.
See what 78239 really looks like for investors
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