Real Estate Investing in San Antonio, Texas (78229)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 78229 (San Antonio, TX)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 14.0% of homes vacant — above national norms.
- Flat appreciation: Values have barely moved over 5 years (1.0% CAGR).
What’s happening in San Antonio, TX (78229)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 78229 San Antonio
Turning to rents, ZIP 78229 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $188K median. It rewards specialists, not generalists.
The investment case in 78229 is significant only for operators who understand what they are buying. A $188K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
The gap between 78229 and stronger San Antonio ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Resident income in 78229 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Distressed ZIPs reward experience. impressive returns are possible in 78229, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in San Antonio:
Property Strategy for 78229
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $107,494 | $1,250 | 8.4% | +3.7% | $107,494 |
| 2BR | $155,228 | $1,510 | 7.0% | +4.0% | $77,614 |
| 3BR | $236,348 | $1,940 | 5.9% | +3.7% | $78,783 |
| 4BR | $347,739 | $2,260 | 4.7% | +5.4% | $86,935 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 78229 Compare?
| Metric | 78229 | San Antonio | San Antonio-New Braunfels, TX | Texas |
|---|---|---|---|---|
| Home Value | $188,378 | $279,541 | N/A | $297,000 |
| 5-Year CAGR | 1.0% | 1.3% | N/A | 5.4% |
| Avg Rent | $1,141 | $1,452 | N/A | - |
| Cap Rate | 4.7% | 4.8% | - | - |
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 78229 (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 | $188,378 |
| Monthly Rent | $1,141 |
| Price-to-Rent | 13.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.3% |
| Cap Rate | 4.7% |
| 5-Year IRR | 5.7% |
📈 Home Appreciation
| 1-Year | -1.4% ▼ |
| 3-Year CAGR | -3.7% ▼ |
| 5-Year CAGR | +1.0% ▲ |
| 10-Year CAGR | +3.9% ▲ |
🏠 Rent Trends
| 1-Year | +2.8% ▲ |
| 3-Year CAGR | -0.4% ▼ |
| 5-Year CAGR | +1.1% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.7%). 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 78229
Population: 35,195
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 78229
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
COLONIAL HILLS EL
COLONIES NORTH EL
JACKSON MIDDLE
KIPP SOMOS COLLEGIATE
HOWSMAN EL
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
Frequently Asked Questions
Is San Antonio in TX worth investing in?
The 3.0/5 investability rating in San Antonio, TX reflects its $188K prices and $1,141/mo rents. Investors generally consider it a solid option within TX.
How should investors approach San Antonio, TX?
The best-fit strategy in San Antonio, TX is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
What monthly rent should investors expect in San Antonio, TX?
Rent in San Antonio, TX is around $1,141/mo. The resulting rent-to-value relationship with $188K pricing is reasonable for most investor models.
What does house hacking look like in San Antonio, TX?
San Antonio, TX offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,141/mo rent level.
Are there empty rentals in San Antonio, TX?
Expect elevated vacancy in San Antonio, TX. Rents at $1,141/mo are absorbed by the tenant base without meaningful lag.
You know 78229 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 78229 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 78229 ranks in San Antonio-New Braunfels, TX
Every ZIP in this metro, ranked. Free.
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