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Updated over 6 years ago on . Most recent reply

User Stats

16
Posts
11
Votes
Josh Thomas
  • Rental Property Investor
  • Dallas, TX
11
Votes |
16
Posts

San Antonio Vacancy Rates. What's the deal?

Josh Thomas
  • Rental Property Investor
  • Dallas, TX
Posted

Hello fellow Texans!

Native Dallas-inian here. Having a looksie at a couple multi-family properties in San Antonio. 

Vacancy rates have me a bit worried. Looks a bit like a rollercoaster. Anyone with boots on the ground able to share some insight? Attaching picture from DoN.

Cheers & TIA! 

Most Popular Reply

Account Closed
6
Votes |
13
Posts
Account Closed
Replied

Hey Josh - I suggest you dive to the next level of detail: zip codes. While many areas are above 10% in SATX, quality zip codes within this metro are ~3%. Anecdotally, I’ve been a landlord here since 2009 and I’ve never had a vacancy at market rates for more than 25 days, and typically I’m closer to 3-5 days. 

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