Real Estate Investing in San Antonio, Texas (78240)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 78240 (San Antonio, TX)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 9.7% vacancy may signal weakening demand.
What’s happening in San Antonio, TX (78240)?
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Market Analysis: 78240 San Antonio
The 78240 ZIP in San Antonio, TX is a local-operator market. Outside capital chasing a $268K entry has to pair deep knowledge with the discount.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 78240 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Stepping back, 78240 offers a low basis, the region around San Antonio has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
A significant renter share of 66% in 78240 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The right play in 78240 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in San Antonio:
Property Strategy for 78240
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $187,712 | $1,590 | 6.1% | +4.1% | $93,856 |
| 3BR | $256,264 | $2,040 | 5.7% | +4.8% | $85,421 |
| 4BR | $302,749 | $2,380 | 5.7% | +5.2% | $75,687 |
| 5BR | $392,874 | — | — | +5.5% | $78,575 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 78240 Compare?
| Metric | 78240 | San Antonio | San Antonio-New Braunfels, TX | Texas |
|---|---|---|---|---|
| Home Value | $267,580 | $279,541 | N/A | $297,000 |
| 5-Year CAGR | 2.8% | 1.3% | N/A | 5.4% |
| Avg Rent | $1,207 | $1,452 | N/A | - |
| Cap Rate | 3.5% | 4.8% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 78240 (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 | $267,580 |
| Monthly Rent | $1,207 |
| Price-to-Rent | 18.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.4% |
| Cap Rate | 3.5% |
| 5-Year IRR | 6.4% |
📈 Home Appreciation
| 1-Year | +2.7% ▲ |
| 3-Year CAGR | -0.6% ▼ |
| 5-Year CAGR | +2.8% ▲ |
| 10-Year CAGR | +4.9% ▲ |
🏠 Rent Trends
| 1-Year | -4.4% ▼ |
| 3-Year CAGR | -2.0% ▼ |
| 5-Year CAGR | +0.2% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.5%). 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.
Demographics in 78240
Population: 57,014
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 78240
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
Frequently Asked Questions
How does San Antonio, TX rate as a rental market?
Yes - San Antonio, TX a 3.0/5 investability score. With $268K home prices against $1,207/mo monthly rent, the market delivers a reasonable entry point for new investors.
What is the typical vacancy rate in San Antonio, TX?
San Antonio, TX carries elevated vacancy risk. Expect even-keeled absorption at market rents of $1,207/mo.
Which real estate strategy fits San Antonio, TX?
In San Antonio, TX the resilient play is typically careful cash-flow rentals with hands-on management. The combination of $268K prices and $1,207/mo rents suits that approach.
Does house hacking work in San Antonio, TX?
The house hack math a challenging in San Antonio, TX. Owner-occupant buyers benefit from the $1,207/mo rents and $268K home values.
What is the typical rental rate in San Antonio, TX?
Rents in San Antonio, TX run near $1,207/mo. Compared with median home prices of $268K that produces solid gross yields for typical rentals.
You know 78240 now. You don’t know where it ranks.
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How 78240 ranks in San Antonio-New Braunfels, TX
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