Real Estate Investing in San Antonio, Texas (78244)

Bexar County • Population: 37,861 • Data updated: June 2026

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Should you buy in 78244 (San Antonio, TX)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (76/100)

Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in San Antonio, TX (78244)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $216,551
Avg Monthly Rent $1,533
1% Rule ✗ Does Not Meet
Median Income $64,968
% Renters 29.5%

Market Analysis: 78244 San Antonio

This part of Bexar County is not an easy win. The 78244 ZIP sits at softness in key indicators, and the playbook that works in cleaner markets often stalls here.

Rent of $1,533/mo on a $217K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 78244 sits below the stated 0.0% once reality is priced in.

Nearby ZIPs in San Antonio have seen price recovery that 78244 has not matched. Bexar County data supports the view that the spread is structural rather than temporary.

Demographically, 78244 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 right play in 78244 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.49% as of Jun 25 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in San Antonio:

B Good
Buy Confidence Score: 72/100
Affordability
20/25
Appreciation
14/25
Stability
13/20
Timing
10/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.3× the median income
Value Trend
Declining (-2.1%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,533/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
San Antonio-New Braunfels, TX Metro Area
More inventory, negotiating room for buyers
76 days
Average time to sell
Slow
9.5%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of June 20, 2026 — updated weekly from San Antonio-New Braunfels, TX metro data
🏠

Property Strategy for 78244

Which property type performs best in this market?

Best for Cash Flow
2BR
8.8% cap rate
Best for Appreciation
5BR
+5.3% 5yr CAGR
Best Overall Value
5BR
$57,549/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $139,879 $1,710 8.8% +2.5% $69,939
3BR $207,184 $2,190 7.6% +4.1% $69,061
4BR $243,087 $2,560 7.6% +4.7% $60,772
5BR $287,747 +5.3% $57,549

Market Trends

Home Value History (with trend line)

$255K$221K$186K$152K$117K$83KMay 2006May 2016May 2026

Rent History (with trend line)

$1,635$1,510$1,385$1,259$1,134$1,009May 2016May 2021May 2026

📊 How Does 78244 Compare?

Metric 78244 San Antonio San Antonio-New Braunfels, TX Texas
Home Value $216,551 $280,846 N/A $297,000
5-Year CAGR 2.8% 2.4% N/A 5.4%
Avg Rent $1,533 $1,443 N/A -
Cap Rate 5.5% 4.7% - -
💡 Why Invest in 78244? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 78244 (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

Single-familySmall multifamilyCommercial
Unclaimed — is this your business? Claim it free

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

HOA
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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

Single-familyCommercial
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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Good
Cap Rate
5.5%
Fair
5yr Growth
+2.8%
Slow

📊 Market Snapshot

Home Value $216,551
Monthly Rent $1,533
Price-to-Rent 11.8:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 8.5%
Cap Rate 5.5%
5-Year IRR 8.3%

📈 Home Appreciation

1-Year -2.1% ▼
3-Year CAGR -3.3% ▼
5-Year CAGR +2.8% ▲
10-Year CAGR +5.3% ▲

🏠 Rent Trends

1-Year -1.4% ▼
3-Year CAGR -0.4% ▼
5-Year CAGR +3.3% ▲
Negative Leverage — IRR / Tax Play Cap Rate: 5.5%  |  30yr Rate: 6.5%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.5%) exceeds the estimated cap rate (5.5%). 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.

Vacancy
4.8%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+2.8%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 78244

Population: 37,861

💰 Median Household Income
$64,968
This area
$64,968
State
$70,593
USA
$74,580
🏠 Renter Occupied
29.5%
This area
29.5%
State
29.5%
USA
34.0%
💼 Unemployment Rate
3.0%
This area
3.0%
State
-25.4%
USA
3.7%
🎓 College Educated
23.3%
This area
23.3%
State
-5.8%
USA
33.7%
👤 Median Age
33.0 years
This area
33.0 years
State
-3.7 years
USA
38.9 years
🏚️ Vacancy Rate
4.8%
This area
4.8%
State
18.3%
USA
10.5%
👥 Population by Ethnicity
White 43.0%
Other/Mixed 29.5%
Black/African American 26.4%
Hispanic/Latino 25.6%
Asian 1.0%
👶 Under 18
26.4%
This area
26.4%
USA
22.0%
👴 65 and Over
7.9%
This area
7.9%
USA
17.3%
📊 Poverty Rate
6.6%
This area
6.6%
USA
11.5%

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 78244

B+ Avg School Grade
8 Schools
14.4:1 Avg Class Size
$13,150 Avg Per Pupil

Schools in This ZIP Code

A Very Good

SAN ANTONIO PREPARATORY

📚 05 – 11 High School Charter
👥
139 Students
👨‍🏫
10.9:1 Class Size
💰
$17,278 Per Student
A Very Good

WOODLAKE HILLS MIDDLE

📚 06 – 08 Middle
👥
749 Students
👨‍🏫
11.6:1 Class Size
💰
$12,560 Per Student
B+ Above Average

CANDLEWOOD EL

📚 Pre-K – 05 Elementary
👥
470 Students
👨‍🏫
14.7:1 Class Size
💰
$12,560 Per Student
B+ Above Average

HENRY METZGER MIDDLE

📚 06 – 08 Middle
👥
907 Students
👨‍🏫
14.1:1 Class Size
💰
$12,560 Per Student
B Good

SPRING MEADOWS EL

📚 Pre-K – 05 Elementary
👥
679 Students
👨‍🏫
15.5:1 Class Size
💰
$12,560 Per Student
B Good

WILLIAM PASCHALL EL

📚 Pre-K – 05 Elementary
👥
706 Students
👨‍🏫
15.9:1 Class Size
💰
$12,560 Per Student
B Good

WOODLAKE EL

📚 Pre-K – 05 Elementary
👥
686 Students
👨‍🏫
18.7:1 Class Size
💰
$12,560 Per Student
C+ Average

KAREN WAGNER H S

📚 09 – 12 High School
👥
2,224 Students
👨‍🏫
13.5:1 Class Size
💰
$12,560 Per Student

Nearby Schools (5 more)

Schools in adjacent ZIP codes that may serve this area

A Very Good

ROYAL RIDGE EL

📚 Pre-K – 05 Elementary
📍 5933 ROYAL RIDGE, SAN ANTONIO
👥
457 Students
👨‍🏫
10.4:1 Class Size
💰
$12,524 Per Student
B+ Above Average

MONTGOMERY EL

📚 K – 05 Elementary
📍 7047 MONTGOMERY DR, SAN ANTONIO
👥
233 Students
👨‍🏫
8.5:1 Class Size
💰
$12,524 Per Student
B+ Above Average

WINDCREST EL

📚 Pre-K – 05 Elementary
📍 465 FAIRCREST DR, SAN ANTONIO
👥
491 Students
👨‍🏫
14.0:1 Class Size
💰
$12,524 Per Student
B+ Above Average

HARMONY SCHOOL OF INNOVATION - SAN ANTONIO

📚 Pre-K – 08 School Charter
📍 8125 GLEN MONT DR, SAN ANTONIO
👥
403 Students
👨‍🏫
13.1:1 Class Size
💰
$12,995 Per Student
B Good

IDEA WALZEM COLLEGE PREPARATORY

📚 06 – 12 High School Charter
📍 6445 WALZEM RD, SAN ANTONIO
👥
748 Students
👨‍🏫
17.0:1 Class Size
💰
$11,965 Per Student
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

8 Nearby 6,179 Off-Campus Students
C
Top of the Line Barber School
98 students · 2.5 mi
C
Northeast Lakeview College
8,265 students · 5.0 mi
D
Deluxe Barber College
103 students · 6.2 mi
C
University of the Incarnate Word
7,251 students · 7.0 mi
C
St Philip's College
14,281 students · 7.5 mi
D
Alamo Community College District Central Office
0 students · 7.7 mi
B+
Trinity University
2,694 students · 7.9 mi
C+
Nuvani Institute
16 students · 9.0 mi

Investor Insight: With 6,179 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

What kind of market is San Antonio, TX for investors?

With a 3.0/5 investability score, San Antonio, TX ranks as a solid market for rental property investors. Median prices of $217K and rents of $1,533/mo drive the underlying numbers.

Are there empty rentals in San Antonio, TX?

Expect elevated vacancy in San Antonio, TX. Rents at $1,533/mo are absorbed by the tenant base without meaningful lag.

What strategy should investors use in San Antonio, TX?

San Antonio, TX investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($217K prices, $1,533/mo rents) make it a reasonable choice.

Is TX a landlord-friendly state?

For rental operators, San Antonio, TX rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.

What is the median home value in San Antonio, TX?

The median home value in San Antonio, TX is roughly $217K. That puts it reasonable relative to the TX statewide average.

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