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Updated almost 3 years ago on . Most recent reply

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Agraj Sobti
  • Investor
  • San Jose, CA
8
Votes |
12
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Looking to connect with RE professionals in San Antonio, TX

Agraj Sobti
  • Investor
  • San Jose, CA
Posted

Hey there,

My name is Agraj, and I am looking to buy my first investment property out of state. Currently I am looking at San Antonio, TX. I have no idea about the city, never been there. But I saw on a YouTUbe video that it is a very up and coming area. Anyone out here currently investing in San Antonio, or know the area, or can share if it is in-fact a future Austin in the making?

Agraj

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Bryan Noth
  • Realtor
  • Austin, TX
1,079
Votes |
1,068
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Bryan Noth
  • Realtor
  • Austin, TX
Replied

@Agraj Sobti Central Texas is certainly booming.  I own properties in both San Antonio and Austin and like them both for different reasons.  San Antonio's entry price point is much lower and the ratios typically pencil out much stronger.  Austin's appreciation growth and economic stability is tough to match. Would be happy to share more if you have specifics you are interested in.  

As for this: "a future Austin in the making" I do not believe so or at least not to the same extent.  Austin has some powerhouse attractors in the Tech industry (Tesla, Google, Meta, Amazon, Oracle, Apple, Samsung, Dell, etc) and San Antonio simply does not have the same number of big name players.  However, the corridor between the two cities is growing at an unprecedented rate and I believe as those two MSAs expand San Antonio will see a spill over effect.  

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