Real Estate Investing in San Antonio, Texas (78248)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 78248 (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 middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High price-to-rent: Price-to-rent ratio 33.6 — hard to cash-flow at these prices.
What’s happening in San Antonio, TX (78248)?
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Market Analysis: 78248 San Antonio
ZIP 78248 in San Antonio, TX carries a significant set of headwinds. Home values near $507K and rents of $1,258/mo sit inside a market where underwriting has to be tight.
For an experienced owner, 78248 can be a a viable market for hunting ground — but the discount at $507K reflects genuine risk that outside investors often underestimate.
Within TX, ZIP 78248 trails on several market indicators that neighboring Bexar County submarkets outperform. The gap is real and robust enough to shape underwriting.
On balance, 14,127 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Distressed ZIPs reward experience. durable returns are possible in 78248, 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 78248
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $241,340 | $1,500 | 4.5% | +6.3% | $120,670 |
| 3BR | $421,446 | $1,920 | 3.3% | +5.8% | $140,482 |
| 4BR | $545,872 | $2,240 | 3.0% | +6.5% | $136,468 |
| 5BR | $710,982 | — | — | +7.4% | $142,196 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 78248 Compare?
| Metric | 78248 | San Antonio | San Antonio-New Braunfels, TX | Texas |
|---|---|---|---|---|
| Home Value | $507,485 | $279,541 | N/A | $297,000 |
| 5-Year CAGR | 4.3% | 1.3% | N/A | 5.4% |
| Avg Rent | $1,258 | $1,452 | N/A | - |
| Cap Rate | 1.9% | 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 78248 (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 | $507,485 |
| Monthly Rent | $1,258 |
| Price-to-Rent | 33.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.0% |
| Cap Rate | 1.9% |
| 5-Year IRR | 6.3% |
📈 Home Appreciation
| 1-Year | +2.8% ▲ |
| 3-Year CAGR | +1.0% ▲ |
| 5-Year CAGR | +4.3% ▲ |
| 10-Year CAGR | +4.7% ▲ |
🏠 Rent Trends
| 1-Year | +1.5% ▲ |
| 3-Year CAGR | +0.0% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.9%). 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 78248
Population: 14,127
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 78248
Schools in This ZIP Code
Nearby Schools (2 more)
Schools in adjacent ZIP codes that may serve this area
OAK MEADOW EL
BLATTMAN 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
Investor Insight: With 6,066 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Should investors consider San Antonio, TX?
Our data puts San Antonio, TX at 3.0/5 for investability. Home prices of $507K and rents around $1,258/mo create a solid backdrop for investor activity.
What is the best play in San Antonio, TX?
A careful cash-flow rentals with hands-on management strategy San Antonio, TX best. The market produces even-keeled results for that approach at the $507K price point.
What is the typical rental rate in San Antonio, TX?
San Antonio, TX rentals go for roughly $1,258/mo a month. That puts gross yield in solid territory relative to $507K acquisition costs.
How viable is house hacking in San Antonio, TX?
House hacking in San Antonio, TX is reasonable to execute. Prices around $507K and rents of $1,258/mo solid owner-occupant economics.
What are vacancy rates like in San Antonio, TX?
Expect elevated vacancy in San Antonio, TX. Rents at $1,258/mo are absorbed by the tenant base without meaningful lag.
You know 78248 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 78248 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 78248 ranks in San Antonio-New Braunfels, TX
Every ZIP in this metro, ranked. Free.
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