Real Estate Investing in Bulverde, Texas (78163)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Comal County • Population: 17,455 • Data updated: September 2026

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Should you buy in 78163 (Bulverde, TX)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (64/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Bulverde, TX (78163)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $472,655
Avg Monthly Rent $2,310
1% Rule ✗ Does Not Meet
Median Income $127,650
% Renters 4.6%

Market Analysis: 78163 Bulverde

Looking more closely, ZIP 78163 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $473K median. It rewards specialists, not generalists.

The investment case in 78163 is durable only for operators who understand what they are buying. A $473K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

Within TX, ZIP 78163 trails on several market indicators that neighboring Comal County submarkets outperform. The gap is real and sturdy enough to shape underwriting.

The 78163 ZIP's population of 17,455 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that posts the need for careful underwriting.

Experienced landlords with local relationships tend to find 78163 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

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

C+ Average
Buy Confidence Score: 65/100
Affordability
15/25
Appreciation
14/25
Stability
11/20
Timing
10/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.7× the median income
Value Trend
Rising (+3.3%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $2,310/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
88 days
Average time to sell
Slow
9.7%
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 August 29, 2026 — updated weekly from San Antonio-New Braunfels, TX metro data
🏠

Property Strategy for 78163

Which property type performs best in this market?

Best for Cash Flow
3BR
3.9% cap rate
Best for Appreciation
3BR
+5.7% 5yr CAGR
Best Overall Value
5BR
$91,391/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
3BR $383,062 $2,080 3.9% +5.7% $127,687
4BR $449,374 $2,420 3.9% +5.3% $112,343
5BR $456,957 +4.7% $91,391

Market Trends

Home Value History (with trend line)

$520K$457K$395K$332K$270K$207KJan 2009Oct 2017Jul 2026

Rent History (with trend line)

$2,442$2,393$2,345$2,297$2,248$2,200Mar 2025Nov 2025Jul 2026

📊 How Does 78163 Compare?

Metric 78163 Bulverde San Antonio-New Braunfels, TX Texas
Home Value $472,655 $472,655 N/A $297,000
5-Year CAGR 2.3% 2.3% N/A 5.4%
Avg Rent $2,310 $2,310 N/A -
Cap Rate 3.8% 3.8% - -
💡 Why Invest in 78163? 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 →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 78163 (Bulverde, TX). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.8%
Low
5yr Growth
+2.3%
Slow

📊 Market Snapshot

Home Value $472,655
Monthly Rent $2,310
Price-to-Rent 17.1:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.9%
Cap Rate 3.8%
5-Year IRR 6.1%

📈 Home Appreciation

1-Year +3.3% ▲
3-Year CAGR -0.9% ▼
5-Year CAGR +2.3% ▲
10-Year CAGR +4.8% ▲

🏠 Rent Trends

1-Year +2.5% ▲
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.8%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.8%). 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
5.7%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+2.3%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 78163

Population: 17,455

💰 Median Household Income
$127,650
This area
$127,650
State
$70,593
USA
$74,580
🏠 Renter Occupied
4.6%
This area
4.6%
State
29.5%
USA
34.0%
💼 Unemployment Rate
2.2%
This area
2.2%
State
-25.4%
USA
3.7%
🎓 College Educated
46.7%
This area
46.7%
State
-5.8%
USA
33.7%
👤 Median Age
46.3 years
This area
46.3 years
State
-3.7 years
USA
38.9 years
🏚️ Vacancy Rate
5.7%
This area
5.7%
State
18.3%
USA
10.5%
👥 Population by Ethnicity
White 82.6%
Other/Mixed 12.8%
Hispanic/Latino 11.7%
Asian 3.4%
Black/African American 1.2%
👶 Under 18
21.7%
This area
21.7%
USA
22.0%
👴 65 and Over
22.2%
This area
22.2%
USA
17.3%
📊 Poverty Rate
2.4%
This area
2.4%
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 78163

B Avg School Grade
5 Schools
11.5:1 Avg Class Size
$15,337 Avg Per Pupil

Schools in This ZIP Code

B+ Above Average

RAHE BULVERDE EL

📚 Pre-K – 05 Elementary
👥
586 Students
👨‍🏫
13.6:1 Class Size
💰
$13,262 Per Student
B+ Above Average

HILL COUNTRY COLLEGE PREP H S

📚 09 – 12 High School
👥
174 Students
👨‍🏫
10.6:1 Class Size
💰
$13,262 Per Student
B+ Above Average

SJRC TEXAS

📚 08 – 11 High School Charter
👥
6 Students
👨‍🏫
6.0:1 Class Size
💰
$23,635 Per Student
B Good

JOHNSON RANCH EL

📚 Pre-K – 05 Elementary
👥
1,004 Students
👨‍🏫
15.7:1 Class Size
💰
$13,262 Per Student
C+ Average

BULVERDE MIDDLE

📚 06 – 08 Middle Limited Data
💰
$13,262 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

4 Nearby
C
Aveda Arts & Sciences Institute-San Antonio
256 students · 8.9 mi
C
Paul Mitchell the School-San Antonio
352 students · 10.8 mi
C+
Salon Professional Academy of San Antonio
114 students · 12.0 mi
D
Deluxe Barber College
103 students · 14.8 mi

Frequently Asked Questions

What is the typical home price in Bulverde, TX?

Bulverde, TX median home values land near $473K. That is reasonable territory for investors looking at $2,310/mo-per-month rentals.

Does Bulverde, TX favor landlords or tenants?

TX ranks as a landlord-friendly state for landlord-tenant law. Bulverde generally follows the statewide framework, so landlords face reasonable operating rules.

Is the tenant base reliable in Bulverde, TX?

Working renters make up the core of the Bulverde, TX tenant base. The pool is reasonable for investors targeting long-term holds.

What strategy should investors use in Bulverde, TX?

Bulverde, TX investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($473K prices, $2,310/mo rents) make it a reasonable choice.

Is Bulverde, TX a good market for FHA house hackers?

For house hackers, Bulverde, TX is a challenging. The $2,310/mo rent on a unit helps defray the mortgage on a $473K property.

You know 78163 now. You don’t know where it ranks.

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How 78163 ranks in San Antonio-New Braunfels, TX

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable → 1% Rule →
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