Last updated on June 21st, 2023
Best places to Airbnb in Texas
Key Takeaways
- San Antonio’s overall affordable cost of living, low unemployment rates, and high occupancy rates are some of the major reasons why property investors prefer this city in Texas.
- Discover the top 10 Areas for Airbnb nearby San Antonio, Texas. The essential Airbnb data including median property prices, Airbnb annual revenue, and gross rental yield among others will be revealed.
- Those who plan to invest in an Airbnb property, will learn about the profitability of San Antonio investment properties and choose among the most recommended property types with the highest gross rental yield.
Introduction
When looking for a city to start an investment property in, it’s always recommended to look at all the options first. If you’re looking to target Texas, to begin with, then you have to look at each nearby city’s Airbnb data and historical trends. This is also while considering which particular neighborhood can bring the most return and profit.
Airbtics’ data shows that an Airbnb host can earn the highest monthly revenue in San Antonio, compared to other Texas cities. Since there are various job opportunities and a diverse landscape of culture, some property investors prefer to start with San Antonio among others.
However, how can property investors like you have the assurance that the market you plan to aim for will bring long-term profitability? What if your financial goals aren’t met as anticipated? And where is the best place to buy a rental property in San Antonio?
The short answer is using an Airbnb income calculator to get backed up with accurate data. In this article, we’ll show you where the best areas for Airbnb near San Antonio are located. You will also learn some of the expert tips for property investors and make the wisest investment decisions moving forward. Continue reading and unlock new knowledge!
Is Airbnb Profitable in San Antonio?
Airbtics confirms that Airbnb is certainly profitable in San Antonio. This varies according to your target location, property type, amenities, and hosting skills among the rest.
Airbtics’ data confirm that Austin City has the highest Airbnb annual revenue of nearby cities in San Antonio. An Airbnb host can expect to earn an average annual revenue of $217,866 for a 5-bedroom property.
Why invest in an Airbnb in San Antonio?
There are several San Antonio investment properties for sale that can be found online. You can even visit properties and drive around to check in! But why invest there in the first place? San Antonio is known for its deep musical history and tourist attractions. However, there are other major reasons why property investors prefer to purchase properties in San Antonio:
Affordability of Properties & Low Cost of Living
If you ask other property investors, these are both great combinations for a successful investment! San Antonio’s affordable cost of living and low property prices symbolize a good headstart. In fact, Home City declares that San Antonio is a perfect seller’s market due to its low inventory and rising demand for housing.
High Appreciation Rate
Another primary reason for investing in real estate in San Antonio is property appreciation. This city is also anticipated to outperform the rest of Texas cities with home prices to increase by 3.5% in 2022.
Rental Growth
San Antonio is not only known for its affordability, but also for its rental growth. This city is even one of the fastest-rising rents in the US! Its single-family home rents are commonly in demand, making it a haven for property investors.
Top 10 Best Areas to Airbnb nearby San Antonio
So it boils down to the question, where is the best place to buy a rental property in San Antonio? Using Airbtics’ Discovery Tool, we discovered the nearby cities & best places to Airbnb in Texas:
1. San Antonio
- Best bedroom size: 2 bedrooms
- Median property price (2 bedrooms): $191,940
- Airbnb Annual revenue: $37,679
- Gross rental yield: 19.63%
- Located 11 miles from San Antonio City Center (7 mins drive)
2. New Braunfels
- Best bedroom size: 3 bedrooms
- Median property price (3 bedrooms): $358,676
- Airbnb Annual revenue: $72,283
- Gross rental yield: 20.15%
- Located 30 miles from San Antonio (36 mins drive)
3. Canyon Lake
- Best bedroom size: 2 bedrooms
- Median property price (2 bedrooms): $301,795
- Airbnb Annual revenue: $44,735
- Gross rental yield: 14.82%
- Located 34 miles from San Antonio (55 mins drive)
4. Fredericksburg
- Best bedroom size: 3 bedrooms
- Median property price (3 bedrooms): $514,936
- Airbnb Annual revenue: $73,255
- Gross rental yield: 14.23%
- Located 63 miles from San Antonio (1 hour and 6 mins drive)
5. Austin
- Best bedroom size: 5 bedrooms
- Median property price (5 bedrooms): $1,188,690
- Airbnb Annual revenue: $217,866
- Gross rental yield: 18.33%
- Located 74 miles from San Antonio (1 hour and 26 mins drive)
6. Burnet
- Best bedroom size: 2 bedrooms
- Median property price (2 bedrooms): $262,732
- Airbnb Annual revenue: $41,051
- Gross rental yield: 15.62%
- Located 96 miles from San Antonio (1 hour and 26 mins drive)
7. Corpus Christi
- Best bedroom size: 2 bedrooms
- Median property price (2 bedrooms): $156,674
- Airbnb Annual revenue: $51,332
- Gross rental yield: 32.76%
- Located 134 miles from San Antonio (2 hours & 3 mins drive)
8. Port Aransas
- Best bedroom size: 4 bedrooms
- Median property price (4 bedrooms): $882,056
- Airbnb Annual revenue: $112,807
- Gross rental yield: 12.79%
- Located 140 miles from San Antonio (2 hours and 42 mins drive)
9. Waco
- Best bedroom size: 3 bedrooms
- Median property price (3 bedrooms): $218,326
- Airbnb Annual revenue: $60,679
- Gross rental yield: 27.79%
- Located 167 miles from San Antonio (2 hours and 48 mins drive)
10. Houston
- Best bedroom size: 4 bedrooms
- Median property price (4 bedrooms): $324,257
- Airbnb Annual revenue: $66,483
- Gross rental yield: 20.5%
- Located 190 miles from San Antonio (3 hours and 10 mins drive)
Conclusion
Nearby cities in San Antonio have several exciting property investment opportunities. Real estate investment San Antonio can bring exceptional rental yields and annual revenue, so it’s best to explore them now! The best investment property in San Antonio, Texas, can be discovered in one click.
Now that you have an overview of the best places to buy rental properties in San Antonio, take a look at Airbtics’ Airbnb profit calculator and stand out among the rest. It’s built to help you maximize profitability and find long-term profitable investments. Get ahead of your competitors now and look at other San Antonio investment real estate opportunities!
