Love These Listings

5 beautiful San Antonio homes on the market for less than $200,000

The real estate market may be booming in Texas, but that doesn't mean you have to spend a ton of money on a house. At least not here in San Antonio. We've been digging around town and found some beautiful homes at an even more attractive price.

Here are five of our favorite houses on the market for under $200,000:

1. 11907 Flame Tree Cove is 2,033 square-feet of airy space with two bedrooms and two bathrooms. The stone exterior has serious curb appeal, but it's the floor plan and high ceilings that makes us swoon. And so does the price: $199,999.

2. Located in Universal City, 362 Kimberly Dr. is ready for move in with an updated kitchen, floors, and a beautiful stone fireplace in the living room. There are four bedrooms and two bathrooms within the 2,515 square foot home priced at $189,000.

3. Enter 9323 Overland Way, a three-bedroom, two-bathroom house with 1675 square feet of open space. Though it's not large, the open floor plan and natural light \ make the home feel bigger than it actually is. Our favorite part? The covered patio in the back. It's on the market for $182,500.

4. Zero in on the details of 27 Rainy Ave. and you'll be sold. This three-bedroom, two-bathroom home has beautiful wood and tile flooring throughout the first floor. Within the 1,750 square feet is ample closet space in the master bedroom (two walk-in closets), a loft area upstairs, and a sizeable laundry room. It's located by the Leon Creek Greenway and offers great views from the multi-level deck for $162,500.

5. 18922 Lookout Mountain Trail is a small sanctuary for folks who want to escape the city. Nestled in Helotes, this 587 square-foot home — with one bedroom and one bathroom — makes for the perfect cozy getaway. There's a small balcony perfect for dining outside under a starry sky. It's listing price? $129,900.

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The back patio is perfect for outdoor dining.

Photo courtesy of Phyllis Browning Co.

The back patio is perfect for outdoor dining.

home-for-sale

affordable housing news

San Antonio tops U.S. for affordable housing growth since 2020

Photo by Cytonn Photography on Unsplash

Affordable housing is on the rise in San Antonio.

A new housing report has revealed that San Antonio led the nation with the fastest growth in affordable apartment construction from 2020-2024.

The study from apartment search platform RentCafe analyzed new affordable apartment construction rates over the last five years across 146 U.S. cities. For the purpose of the study, RentCafe defined "affordable housing" as "residential buildings in which all units are income-restricted." Their rent prices also couldn't exceed 30 percent of each market's Area Median Income (AMI).

The findings show 9,015 new "affordable" (income-restricted) apartments have been developed in San Antonio from 2020-2024. These apartments make up about 24 percent of all new housing in the city.

Furthermore, San Antonio has tripled its rate of new affordable apartments when compared to the pre-pandemic period from 2015-2019. During that time, about 2,800 affordable units were developed. Compared to San Antonio's post-pandemic apartment construction, which revealed a five-year increase of 222.54 percent.

Nationally, about 310,000 new affordable apartments were built over the last five years, and nearly a third of them were completed just in 2024 alone, the report said.

"Notably, affordable housing is starting to make up a larger portion of all new apartment construction," the report's author wrote. "In 2024, nearly 14 percent of all new apartments were income-restricted — up from just under 9 percent ten years earlier — indicating a growing emphasis on affordability in new development."

In RentCafe's separate ranking of the U.S. cities that have built the most new affordable apartment units since 2020, San Antonio ranked No. 9 nationally. The top three cities were Seattle, Washington (No. 1); New York City, New York (No. 2); and Austin, Texas (No. 3).

"Affordable housing construction [across the nation] rose 73 percent compared to the previous five-year period (2015–2019), far outpacing the 36 percent growth in overall apartment construction," the report said.

The top 10 U.S. markets with the fastest growth in affordable apartment construction are:

No. 1 – San Antonio, Texas
No. 2 – Phoenix, Arizona
No. 3 – Charlotte, North Carolina
No. 4 – New York City, New York
No. 5 – Atlanta, Georgia
No. 6 – Portland, Oregon
No. 7 – Nashville, Tennessee
No. 8 – Austin, Texas
No. 9 – San Francisco, California
No. 10 – Miami, Florida

affordable housing apartments austin real estate affordability