For young professionals, San Antonio neighborhoods are about more than just the River Walk and the Alamo. This city offers a great coffee culture, the annual Fiesta San Antonio, a market square, the Tower of the Americas, bike-sharing networks, miles of wildflowers and the beloved Spurs basketball team.
According to the Texas State Affordable Housing Corporation, the area is 42 percent less expensive for younger residents to buy homes in San Antonio than to rent. The city’s level of affordability means that young professionals have a lot to choose from, depending on the environment they seek.
Here are the top five San Antonio neighborhoods to check out:
1. The Pearl District: Trendy & Walkable
The 16 blocks that comprise San Antonio’s Pearl District attract young professionals in droves. This walkable and bikable tree-lined neighborhood encompasses inviting riverside restaurants, a farmer’s market, food festivals, a trendy arts scene and some of the city’s best shopping. If you’re looking for a diverse, fashion-forward area that sports some of the best Mexican food in the state, make the Pearl District your stomping grounds.
Prices in this popular neighborhood reflect its desirability but are still affordable. For example, you can buy a stunning two-bedroom, two-bathroom condominium with high-end finishes in a beautifully landscaped, gated complex for less than $280,000. If you’re looking for a larger single-family home (with a larger price tag), you can find a brand-new, four-bedroom, four-bathroom home with a courtyard and two-car garage for just under $500,000 in this neighborhood.
2. Alamo Heights: Upscale Shops & Eateries
In addition to long-standing pillars of the community, Alamo Heights is home to young professionals and students who enjoy its upscale shops and eateries.
Prices in this area range from condominiums that cost less than $200,000 to stately homes that cost over $1 million. Today, you can choose from a recently renovated, 1,400-square-foot, three-bedroom, two bathroom cottage-style home for about $339,000, or a brand-new 2,200-square-foot, three-bedroom, three-bathroom home with fantastic views and tons of light for about $370,000 in Alamo Heights.
3. Tobin Hill: Up & Coming
This area near San Antonio College is loaded with historical charm, and offers homes that range from Victorians to bungalows. Tobin Hill is considered one of San Antonio’s up-and-coming locations, and is loaded with potential investments. If you move to Tobin Hill, you have ready access to multiple colleges and universities, a zoo, botanical gardens, museums, restaurants and shops.
Home prices here start at under $100,000 for a fixer-upper requiring a total renovation and rise to over $500,000 for a completely restored, stately 1915 Victorian home with a guest house. However, much of this area is priced in the $200,000 to $400,000 range.
4. Stone Oak: Gated Communities & Well-Landscaped Medians
Just north of downtown San Antonio, Stone Oak’s suburban residents live in a master-planned community. Thoughtfully laid out with golf, restaurants, great shopping, acclaimed schools and secure gates, Stone Oak attracts young professionals who prefer newer houses and amenities, a little more space and nice yards.
This neighborhood is on the outskirts of the city, so you get more square footage for your money. For example, for about $270,000, you can buy a modern, 3,000-square-foot four-bedroom home with all the goodies — granite, hardwood and stainless steel. For about another $100,000, you may be able to purchase a home that features a grand entry, game room, covered patio and deck.
5. Southtown: Unpretentious Bars & Restaurants
Southtown occupies two square miles and is minutes from the city center. Southtown is filled with galleries, coffee joints, dive bars, vintage clothing stores, bistros and locally owned shops. It offers a friendly vibe, but is not easily walkable or even bikable unless you’re exceptionally athletic or have a lot of spare time.
Homes in Southtown range between $200,000 and $800,000. The historic district is charming, and if you need to downsize, you can find a 1945 one-bedroom, one-bathroom, 624-square-foot cottage, which has been fully restored and is loaded with charm, for $320,000. And if you’re looking for a good investment, why not go for a three-bedroom fixer-upper for about $230,000?
San Antonio’s metropolitan area grew by 11.75% between 2010 and 2016, and is projected to grow an additional 8.12% through the year 2021.
If you’re lucky enough to be young and living in San Antonio, there are plenty of real estate options for you to choose from. Start with this list and decide which neighborhood you’d be happiest in. When you decide, head to Owners.com to check out what’s available today.