Rental Property Underwriting in San Antonio, TX
Cheapest entry price in Texas majors; military demand base.
Typical SFR price
$250,000 – $340,000
3-bed rent (monthly)
$1,650 – $2,150
Effective property-tax rate
2.00% – 2.60%
Insurance (annual, ~$300k SFR)
$1,800 – $2,800
Gross rent-to-price (monthly)
0.62% – 0.78%
Landlord-tenant climate
landlord-friendly
Ranges compiled from Zillow, Redfin, and county assessor public data. Last reviewed 2025-10. Use as directional inputs, not appraisals.
What makes underwriting in San Antonio different
- JBSA-anchored rental demand is exceptionally stable.
- SAWS impact fees and utility connections add closing costs new investors miss.
- Tax rates vary hugely by city vs county unincorporated — verify jurisdiction.
Quick worked example
Mid-range San Antonio deal: $295,000 purchase, $1,900/mo rent → gross yield 7.73%. Whether that cash-flows depends on your rate, down payment, taxes at post-sale assessment, and insurance quote — not the metro average.
Other US markets we cover
Rental underwriting in Atlanta, GA →Rental underwriting in Charlotte, NC →Rental underwriting in Raleigh, NC →Rental underwriting in Tampa, FL →Rental underwriting in Orlando, FL →Rental underwriting in Jacksonville, FL →Rental underwriting in Phoenix, AZ →Rental underwriting in Las Vegas, NV →Rental underwriting in Dallas, TX →Rental underwriting in Houston, TX →Rental underwriting in Austin, TX →Rental underwriting in Columbus, OH →
Educational content only, not investment or legal advice. Verify all numbers with local professionals before making an offer.