This Week in San Antonio
Hill Country Flooding Leaves Wide Path of Destruction Across South Texas
Floodwaters that swept through the Texas Hill Country this week caused widespread damage across Kerr County, Uvalde County, Bandera, and surrounding communities, prompting Governor Abbott to sign a Major Disaster Proclamation to aid recovery efforts. Families along the Leona River and Goat Creek are gutting homes and salvaging belongings while officials work to restore power and assess structural damage. Colorado Task Force 1 has arrived in San Antonio to support ongoing flood response as river levels remain a concern despite rainfall ending.
FM 481 Bridge Collapses in Uvalde County as Infrastructure Takes a Hit
The FM 481 bridge in Uvalde County collapsed amid the flooding this week, with Texas DPS urging drivers to avoid the area entirely. The collapse adds infrastructure damage to an already difficult recovery picture for communities west of San Antonio that were, by the Governor's own account, "hit very, very hard." Detour routes and road closures remain in effect as crews assess the extent of structural losses across the region.
Tornado Confirmed Near The Rim; Six Flags and UTSA Students Affected
The National Weather Service confirmed an EF-1 tornado touched down near The Rim on San Antonio's northwest side earlier this week, causing damage that displaced an estimated 10 to 12 UTSA students from the Oasis apartments. Six Flags Fiesta Texas closed temporarily while crews assessed storm damage to the park. The American Red Cross and San Antonio police worked with UTSA to assist affected students.
City Distances Itself from Struggling Tax-Funded Housing Project
San Antonio city officials are publicly distancing themselves from a housing project that received more than a million dollars in property tax funding, according to a News 4 investigation. The development has struggled to deliver on its stated goals, raising accountability questions about how public housing dollars are being allocated and overseen. The story adds to an ongoing conversation in the city about affordable housing investment and oversight.
Alamo Archaeologists Unearth Second 1836 Battle-Era Cannonball
Archaeologists working at the Alamo have uncovered a second intact cannonball from the 1836 battle, an iron projectile believed to have been fired by Texan defenders during the historic siege. The find follows an earlier discovery at the site and adds to the growing body of physical evidence being recovered through ongoing excavation efforts at the grounds. The Alamo remains one of the most archaeologically active heritage sites in Texas.
Real Estate Market
San Antonio's housing market is in a transitional but readable state right now. Median sale prices over the last three months came in around $260,000, down roughly 2.6% from the same period last year according to Redfin, while other data points — including a spring 2026 snapshot from a local brokerage — showed medians closer to $305,000 depending on the segment and timing. Homes are sitting on the market for somewhere between 36 and 73 days depending on price point and neighborhood. That range tells you something: well-priced properties in strong locations are still moving, while overpriced listings are accumulating days. Inventory has risen, and buyers are receiving more negotiating room than they had two or three years ago.
For buyers, this is a more rational market than San Antonio has seen in some time. The combination of rising inventory, modest price softening, and San Antonio's structural affordability advantages — roughly 9% below the national average cost of living, no state income tax, and property tax rates in Bexar County that, while around 2.1% to 2.3%, are offset by lower base prices — creates a reasonable entry window. Sales activity picked up noticeably this summer, described by at least one analyst as the largest jump since last October, so the window of maximum buyer leverage may be narrowing somewhat. For sellers, pricing discipline matters more than it has in years. Aspirational pricing is sitting. Realistic pricing is closing.
One factor worth watching locally: this week's flooding in the Hill Country and the tornado activity near The Rim will likely sharpen buyer attention to flood zone classifications, insurance costs, and infrastructure risk — particularly for properties in low-lying areas or corridors west of the city. That's not a reason to avoid those markets, but it's a reason to do the homework. Flood zone status, elevation certificates, and current insurance quotes should be part of any serious due diligence conversation right now, not an afterthought at closing.
