Olmos Park dates back to the mid 1920's and was established a few years prior to the Great Depression. The area originally belonged to H.C. Thorman, a real estate tycoon and Texas oilman who developed the lush suburb that would eventually be called Olmos Park. The investor had big plans for the area and begin to develop a neighborhood that would leave a lasting legacy of wealth and refinement. Today, Olmos Park is a neighborhood for the upper-class and elite of San Antonio. The lower priced homes in the area start at $450,000 with the higher priced homes valued at more than $1.5 million. The neighborhood is full of various architectural styles and features huge looming trees that envelop the streets. A serene and tranquil ambiance permeates Olmos Park due to the landscaping and plethora of beautiful homes that encompass the area. The population of Olmos Park is 2,500 and the median resident age is 41 years. Many of the residents in the neighborhood are a bit older and some are retirees. The residents have a medium income of $101,000 which is almost twice as much as the average Texas income. Due to high incomes, property values, and history, the neighborhood is considered one of the wealthiest in the San Antonio area.
Olmos Park has a large business district that includes international cuisine with a concentration on certain ethnic specialties. Residents of Olmos Park are not really required to leave the area to find what they are looking for. Grocery stores, hair salons, auto garages, and a large hosts of professional and service companies are all available in the Olmos Park area. Most of the homes in Olmos Park are single family units but there is one apartment district that has about 250 units. Because there is an extremely high percentage of homeowners, Olmos Park residents are particularly concerned with the upkeep and safety of the area.
The Olmos Park neighborhood prides itself in the extensive outdoor recreational facilities that it provides to local residents. There are four parks in the neighborhood. The largest park is Alameda Circle which is a half acre and full of various outdoor amenities. The Olmos Basin Park is another popular outdoor facility for residents of the neighborhood. Olmos basin Park provides residents with a great place to picnic, complete with stone-crafted grills and various picnic nooks.
There are numerous events held throughout the year in Olmos Park. The King Antonio party is the neighborhood's largest party which has a hundred year old tradition of bringing the community together. Another major event is the Fiesta which is composed of a hundred events that bring an attendance of three million people to the annual city-wide celebration. The annual Fourth of July Parade as well as a Night Out event that takes place in October are also held in Olmos Park. The large events held throughout the year in the neighborhood contribute to the lasting legacy of the area and instills a sense of pride in the residents.
