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Updated over 3 years ago,
What's Happening in 78201?
Good Day BP San Antonio,
Real estate investing can be a scary venture to begin, especially for those who aren’t familiar with the area they would like to invest in. A lot of investors know vaguely San Antonio is a good market to invest but what exact areas are the best? As we all know LOCATION is EVERYTHING when it comes to real estate. Depending on your budget, exit strategy, and experience some places are better than others.
I wanted to take time out to highlight some zip codes in the San Antonio area to assist investors in possibly choosing an area for their next flip or rental. This will be just a snapshot of what is going on, and I would advise any investor to do their own due diligence before making any decisions. These figures are directly from the MLS as of May 2021.
Today we will discuss zip code...78201
Median Sales Price: $200,000.00
Median Days on Market: 28 DOM
Median Price per sq/ft: $147.00
Major Neighborhoods: Central LA Heights, LA Heights Keystone, Woodlawn Lake, Balcones Heights, Monticello Park, Maverick
Rental Rate: $997.00
Rental DOM: 30 DOM
Schools: Thomas Jefferson High School
Restaurants: Outlaw Kitchens, Sangria on the Burg, Comfort Cafe and many more.
Woodlawn Lake,
A little over 300 years ago, a man-made lake designed to serve one of San Antonio’s first subdivisions was created. Back in 1887, three investors whose partnership was called “West End Town Co” purchased 1000 acres west of the original San Antonio city limits. They called the subdivision “West End Town”, construction involved a dam across Alazan Creek, resulting in an artesian well-supplied lake that first measured 80 acres. A trolley used to transport residents from West End Town to downtown, in the beginning years West End Town was like a mini resort for locals.
In 2000, Woodlawn Lake received its historic district designation, and today it is one of San Antonio’s sought out neighborhoods. The neighborhood has a mix of homes from historical, to newly rehabbed homes. The park still attracts patrons, it is still home to San Antonio’s 4th of July celebration. You can also find residents walking or running on the track, playing at the parks, enjoying the rec center, and also fishing. With close proximity to downtown, this area will continue to thrive as San Antonio’s downtown area is revitalized.
Thomas Jefferson High School,
This area is full of history. Thomas Jefferson HS first opened its door back in 1932. It serves students in the San Antonio Independent School District. Built with several unique features for the early 1930's. Features include. Spanish / Moorish style architecture, on-site gymnasium, 1,200 seat auditorium & ornate exterior concrete ornamentation. In 1983, TJHS was added to both the State of Texas and US National Registry of Historic Places.
Let me know if you find this information valuable. Have you invested in or around this area before? What have been your experiences investing in these areas?