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San Antonio, Texas

6.6 percent is the amount home values have risen in San Antonio in the last year. It has been predicted that they will increase by 3.6 percent in the following year. In San Antonio, $167,300 is the house worth median.

In San Antonio, TX, $117 is the per square foot list cost median. The Metro Area of San Antonio-New Braunfels has a higher per square foot list cost median of $124.

$236,000 is the presently listed house cost median in San Antonio.

The rent cost median is $1,299. The Metro Area of San Antonio-New Braunfels has a higher rent cost median of $1,350.

The rate of foreclosures on homes is an Important ingredient in their valuation. The higher the foreclosure rate, the lower the home value.

If the foreclosure rate is very high, the home value can go down appreciably. If the foreclosure rate is very high in many parts of the nation, it could lead to a recession.

When it comes to the process of foreclosure, there is a first step. It is called mortgage delinquency. How do you define mortgage delinquency? It is the condition in which a homeowner skips making a payment on their mortgage.

San Antonio has 1.6 percent of its mortgages being delinquent. The United States has the same percentage of mortgage delinquencies which is 1.6 percent.

Mortgage delinquency is a very serious matter. It can easily become a downward spiral in the direction of foreclosure and losing the home.

Banks are very wary of mortgage delinquencies because one mortgage delinquency can easily lead to a second, third and a forth. The fourth mortgage delinquency can trigger the bank to start the foreclosure process.

Bankers are very wary of mortgage delinquencies because foreclosures can threaten the very existence of banks. Many banks have gone out of business due to high foreclosure rates of their customers.

Credit bureaus punish heavily for mortgage delinquencies. There can be a big drop in credit scores.

Let’s move on to commercial real estate. Our focus will be a new office building that has broken ground in Shavano Park located in San Antonio. This office building is to be a new corporate location for the Lynd Company. The Lynd Company’s present location is in San Antonio just a few miles away. The Lynd Company is a multifamily development and management company. It has targeted this new space to open in the summer of 2019.

It’s address is 4280 N. Loop 1604. It will have 35,000 square feet, have a contemporary design, and be 3 stories high. The elevator will be all-glass and its lobby will be two floors high.

Butt-glazed glass will be a feature of the offices and conference rooms. There will be a mezzanine with third floor executive offices wrapping around it.

There will be a patriotic feature – a museum. As an infantry officer in the U.S. Army, the founder of Lynd Company, Michael Lynd Sr., served in the Vietnam War. Lynd Company will sublease the museum to Invest in America’s Veterans Foundation.

The museum will be open to the public, and free lunches for Veterans will be hosted at times by Lynd on the rooftop terrace of the building.

Interestingly, at the property level, real time performance metrics will be visible all hours of the day, giving the building cutting-edge technology. Breakout sessions and impromptu brainstorming will take place in multiple rooms tailored for these activities.

Construction financing has been provided by The Bank of San Antonio. Metro has been picked as the general contractor, and the architect as well as interior designer is RVK. Metro and RVK are companies both based in San Antonio.

When it comes to job expansion in San Antonio, leading the way is San Antonio’s construction sector. The metro area of San Antonio is predisposed for continued growth with important projects that are under construction. These include University Village, Frost Bank Tower, and Essex Modern City.

The San Antonio-New Braunfels Texas metro area has a median annual household income of $56,105.

A good source to immerse yourself in the San Antonio multifamily market is the San Antonio Apartment Association.

For another source about apartment real-estate in San Antonio, go to 

Apartment Loan Store is proud to serve the entire Greater San Antonio area:

  • New Braunfels 
  • Schertz 
  • Seguin





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