Module 2 Lesson 10 of 12
STRATEGY

Comping Properties in San Antonio

Step-by-step local comping strategies with San Antonio-specific nuances you need to know.

Why SA Comping is Different

San Antonio has massive ZIP codes that span multiple neighborhoods. A house in 78227 near Lackland AFB is COMPLETELY different than one in 78227 near Ingram Mall. You can't just search by ZIP - you need to understand micro-markets.

1
Define Your Comp Box (SA-Specific)

In San Antonio, use these boundaries instead of ZIP code:

Good Boundaries

  • Same subdivision name
  • Same elementary school zone
  • Same side of major roads (410, 1604)
  • 0.5 mile radius from subject

Bad Boundaries

  • Entire ZIP code
  • Crossing Loop 410
  • Crossing into different school district
  • Mixing flood zone with non-flood

Pro Tip: Google "[Subdivision Name] San Antonio" to find the exact boundaries. HOA websites often have maps.

2
San Antonio Price/SqFt Benchmarks

Use these ranges to sanity-check your comps:

Market Type $/SqFt Range Example ZIPs
Premium Flipper $200-280/sqft 78209, 78212
Family Flipper $150-200/sqft 78258, 78260
Hybrid $120-160/sqft 78245, 78250
Landlord $100-140/sqft 78227, 78242
Caution $70-100/sqft 78207, 78228

3
San Antonio Adjustment Factors

When your comps aren't perfect matches, adjust for these:

Pool

In-ground only

+$15,000-25,000

Garage (2-car vs 1-car)

Attached garage difference

+$8,000-12,000

Additional Bedroom

3BR vs 4BR

+$10,000-15,000

Additional Bathroom

Full bath

+$5,000-8,000

Lot Size (per extra 0.1 acre)

Beyond standard 0.15-0.2 acre

+$3,000-5,000

Flood Zone

FEMA Zone A or AE

-$10,000-20,000

Busy Road

On main thoroughfare

-$5,000-10,000

4
Best Tools for San Antonio Comps

BEST

BCAD (Bexar County Appraisal District)

bcad.org - Free, shows actual sale prices, owner info, tax history

Most accurate sale prices (from deed recordings)

GOOD

Redfin

Filter by "Sold" - shows interior photos, accurate sqft

Best for seeing renovation quality of comps

GOOD

Zillow (Sold Filter)

Draw custom map boundaries, see Zestimate trends

Zestimates can be off 10-15% - verify with actuals

PRO

PropStream / BatchLeads

Paid tools with MLS-level data and filters

Best for high-volume comping

San Antonio Comping Mistakes

  • Using comps across Loop 410 - The Loop is a major value divider. Don't cross it.

  • Ignoring school district differences - NEISD vs NISD vs SAISD = different buyer pools and values.

  • Trusting Zillow Zestimates - SA Zestimates are notoriously off. Always verify with BCAD actuals.

  • Missing flood zones - SA has many flood-prone areas. Check FEMA maps for every deal.

Key Takeaway

In San Antonio, micro-location is everything. The same ZIP code can have $100K homes and $400K homes. Always comp by subdivision, not ZIP. Use BCAD for accurate sale prices, and never cross Loop 410 or school district boundaries when pulling comps.