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 bathrooms are sizable with contemporary fixtures.

Photo courtesy of Phyllis Browning Co.

The bathrooms are sizable with contemporary fixtures.

home-for-sale

REAL ESTATE NEWS

San Antonio ranks No. 2 in U.S. for home buyers ghosting deals

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San Antonio home buyers are ghosting sellers more than almost anywhere in the United States. Real estate marketplace Redfin rates Alamo City as the No. 2 metro in the nation where buyers are getting cold feet before closing real estate deals.

Redfin says 19 percent of San Antonio home purchases were called off in September, a sharp increase from 16.8 percent in 2024. Tampa was the only city with a higher pull-out rate, affecting 20.1 percent of agreements. The national average is 15 percent.

The real estate company says Goldilocks thinking is largely to blame for the rise. A lack of compromise on concessions and repairs is driving the trend, with buyers refusing to accept imperfect homes.

Meanwhile, sellers want to avoid losing money on the deal. This is especially true of homeowners who bought during the COVID-19 boom, who are holding their asking price firm to avoid taking a loss. With plenty of homes on the San Antonio market, buyers are weighing all options.

“I’m seeing a lot of buyer’s remorse,” explained Redfin agent Jo Chavez, in a release. “Buyers make an offer, then they start worrying they could have found a better deal or a better home because there are more home sellers than buyers in the market. Some other buyers are backing out because they’re concerned about job security.”

Although other affordable areas of the U.S. are not seeing the ghosting surge, San Antonio’s economy may be causing some buyers to have second thoughts. A wave of layoffs tied to defense contracts hit the city in October, most notably a 279-person staff reduction from CBRE.Elsewhere in Texas, Dallas and Fort Worth also saw a rise in home sale cancellations.

The top 10 markets with the most sideways deals include:

No. 1 — Tampa, Florida
No. 2 – San Antonio, Texas
No. 3 — Atlanta, Georgia
No. 4 — Orlando, Florida
No. 5 - Fort Worth, Texas
No. 6 — Riverside, California
No. 7 — Fort Lauderdale, Florida
No. 8 —Jacksonville, Florida
No. 9 — Dallas, Texas
No. 10 — Las Vegas, Nevada

home sales market conditions economy residential real estate