How to Connect with Cash Home Buyers in San Antonio

San Antonio, Texas, is already the seventh-most-populated city in the country and is the fastest-growing city in the United States in 2024. Many have relocated from California, likely drawn by the lower cost of living and ample job opportunities, but others come from all over the country. If you’re a current San Antonio resident looking to sell your home quickly for cash, the influx of buyers gives you an advantage.

Whether you’re a retiree looking to downsize from a large suburban home or a landlord ready to unload a River Walk rental condo, finding real estate cash buyers in San Antonio will be the best way to fast-track the sale and move you closer to your goals. With the help of a local real estate agent and some seasoned San Antonio real estate investors, we created this guide to give you a head-start to finding a San Antonio cash buyer for your home.

Disclaimer: Information in this blog post is meant to be used for educational purposes only, not as a substitute for professional tax or legal advice. If you need help navigating the intricacies of selling your home in San Antonio or elsewhere, HomeLight always encourages you to reach out to your own independent advisor.

The cash-buying landscape in San Antonio

The San Antonio real estate market draws investors with its consistent housing stock, variety of industries creating a broad employment base, and steady influx of residents. Here’s what to know about the cash-buying real estate landscape in San Antonio.

Affordable housing sparks investor activity in San Antonio

Darren Dickout, a San Antonio real estate investor and owner of Big Buck Home Buyers, shares that the overall state of the cash-buying market in San Antonio is strong. “The San Antonio market is relatively affordable compared to the other major metro areas in Texas, which brings investors from all over,” he says. “Several areas are undergoing major revitalization, particularly close to the downtown area. Flippers are buying up historical houses, making them beautiful and modern, and then reselling — or are keeping them as short-term rentals.”

A mix of out-of-state buyers flock to Alamo City

An influx of residents keeps the San Antonio housing market uber-competitive. Homebuyers are seeking out San Antonio as their next place to settle down because of the cultural diversity, job opportunities, and reasonable cost of living. People are finding home here, whether they’re coming from other parts of Texas or other states altogether.

iBuyers see opportunity in San Antonio

San Antonio has seen significant activity from iBuyers — tech-enabled companies that use algorithmic pricing to make instant cash offers on properties and provide an opportunity to sell your house online. One report notes that iBuyers target San Antonio for its homogenous housing stock, and sets of properties that have a uniform look or characteristics are generally easier to value and gauge margins on.

Ara Fesperman, a top San Antonio real estate agent who works on Missy Stagers’ team, confirms the city is seeing a higher percentage of cash buyers, including both iBuyers and people moving from out of state. “I’d say probably one out of every 10 buyers is paying with cash, in my experience as a listing agent. We might see anywhere from five to 20 offers on any given property, and 25% of them are beat out by a cash buyer.”