San Antonio Appraiser Blog

Build to Rent Developments
August 3rd, 2023 4:09 AM

Build-to-rent communities are a growing trend in the San Antonio and New Braunfels region. These are neighborhoods of single-family homes that are designed and built for renters, not buyers. They offer many benefits for both developers and tenants, such as lower maintenance costs, higher occupancy rates, more flexibility, and more amenities.

Some of the factors that are driving the demand for build-to-rent communities in this area are the rising home prices, the shortage of affordable housing, the growing population of millennials and retirees, and the desire for more space and privacy. According to a report by RCLCO Real Estate Advisors, the San Antonio-New Braunfels metro area ranked third in the nation for the number of build-to-rent homes completed in 2020, with 1,074 units. The report also projected that the market potential for this product type is 4,800 units per year in this region. 

Source Embrey  A diversified Real Estate Investment Company.

Some of the examples of build-to-rent communities in the San Antonio and New Braunfels region are The Preserve at Singing Hills in Spring Branch, The Collection at Gruene in New Braunfels, Alamar in San Antonio, and The Trails at Culebra in San Antonio. These communities offer features such as spacious floor plans, modern appliances, attached garages, fenced backyards, pet-friendly policies, and access to amenities such as pools, fitness centers, playgrounds, and clubhouses.

Build-to-rent communities are an attractive option for renters who want to enjoy the perks of living in a single-family home without the hassles of homeownership. They are also a lucrative opportunity for developers who want to tap into a growing and underserved market segment. As the demand for rental housing continues to increase in the San Antonio and New Braunfels region, build-to-rent communities will continue to be a popular option. 


Posted by Mark Caraveo on August 3rd, 2023 4:09 AMPost a Comment

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