The second-largest city in Texas, San Antonio has been one of America’s fastest-growing metropolitan areas since 2010. As of 2018, more than 60 people per day were moving to the city. Home to a growing job market and a vibrant cultural scene, San Antonio is a big city with a small-town feel. Mild winters and better traffic conditions than Texas’ other metropolises make San Antonio investment properties potentially lucrative.
And despite this explosive growth and high quality of life, San Antonio remains an affordable city and should continue to attract young professionals pursuing the American dream. While COVID-19 has temporarily cast a shadow over the global economy, prudent investors are using this opportunity to add San Antonio investment properties to their portfolio. For those who prefer to delegate their landlord responsibilities and simply collect the income, PMI First SA Properties offers full-service property management services.
Oakland Estates
One of the best places to live in Texas, this small neighborhood of little more than 1,500 residents, has a lot to offer the astute investor. Renters outnumber homeowners by almost seven to one, and the median rent of $973 exceeds the national average. The population is a diverse mix of families, young professionals, and retirees. It offers an urban feel with plenty of parks and an above-average public school system.
Helotes
With a population of nearly 9,000, Helotes is one of the most attractive places to live and invest in Texas. Its politically moderate residents enjoy a suburban community with a rural atmosphere. Plenty of parks make leisure and relaxation easy to access, while families appreciate the good public school system. Though renters only comprise about five percent of the households, the monthly rent is about $1,850.
Windcrest
This Bexar county suburb of about 5,800 inhabitants includes some of the best San Antonio investment properties. Windcrest residents enjoy a rural environment with plenty of public parks. This politically moderate suburb consists of both retirees and young families. Though homeowners outnumber renters, there are still plenty of rental investment opportunities.
Alamo Heights
Home to many retirees with conservative political views, Alamo Heights, is a San Antonio neighborhood with about four thousand residents. It has a dense suburban feel with plenty of coffee shops, bars, restaurants, and parks. Home to a lively nightlife and excellent public schools, there’s something for almost everyone in one of Texas’ most popular housing markets. Nearly one in four households is a renter, and their median monthly payment is an impressive $1,400. Alamos Heights has rewarded its real estate investors for years.
Terrell Hills
Just south of Alamo Heights and northwest of Fort Sam Houston, Terrell Hills offers its residents a high quality of living. With a population of approximately 6,600, this Bexar County community has a diverse population with conservative political views and plenty of retirees. Residents appreciate the numerous restaurants, boutique stores, and quality public schools. Renters currently compose 19 percent of households, and the median monthly payment surpasses $1,400.
Of course, despite the extensive offering of excellent neighborhoods for San Antonio investment properties, experienced investors take a close look at each opportunity. Don’t overlook a diamond in the rough just because it isn’t in one of the most popular locations.
Wise investors spend much of their time and energy scouting for the best properties and subsequently improving them to get the maximum rental value possible. Often, they pass along the mundane and time-consuming landlord duties over to a full-service property management company. PMI First SA Properties has over two decades of experience in the San Antonio Market and offers some of the most affordable rates in the industry. Call them today for a free rental analysis.
