Canadian Investor - Analyzing San Antonio

[CO Yilmaz]

Hi BP

I was wondering if anybody had some insights in the San Antonio market. I'm from Toronto, Canada and I am new to the Bigger Pocket platform. I am still in the learning phase where I'm listening to podcast and reading books.

I have started to analyze the San Antonio market and I have a couple of questions.

I was looking at zipcode 78244 and noticed that the homes were ranging between 120K to 249K while rents had a median value of 1400 to 1600 for a three bedroom home. I used Trulia to look at the crime map of that area and it's low. However when I looked at the schools assigned to the houses in the area, it wasn't great. Those schools had ratings of 3/10 to 4/10.

My question is, does anyone know if this area has something of value to a renter since the rental price of 1400 to 1500 a month is comparable to other zip codes in San Antonio that have better schools.

Cheers,

Can Yilmaz

[Collin Corrington]

Good ol' Judson ISD!  Unfortunately, they don't have a good education scoring reputation.  But amazing athletic programs.  A good friend of mine is the Band Director at Judson High and she has a great program too.   

That side of San Antonio is a great side for rentals.  You do have a pretty wide range of tenants there so screen thoroughly.  There is more of our warehousing, manufacturing, trucking, and such on that side of town.  So, lots of hard-working people over there.  And since San Antonio is such a large (sqmi) city most people don't like to commute too far. 

Personally, I stay out of the Sunrise neighborhood.  It' has the nickname "Gun"rise due to gang violence.  

Any other questions I can help with?