San Antonio by itself is not a very appealing option for an NFL owner, but a stadium around New Braunfels that would attract both Austin fans and San Antonio fans is a strong possibility.
Keep this in mind, no one thinks of San Antonio as a single market anymore. With the growth in the I-35 corridor San Antonio and Austin are now considered one media market and that jumps the two to around the 14th biggest market in the United States.
Now that is definitely worthy of an NFL franchise. They can still be called the San Antonio Raiders, The Giants played in New Jersey for how many years while still being called the NY Giants. If I'm the Raiders owner I would push for a new stadium right in between New Braunfels and San Marcos then I would start my own TV network that services both Austin and San Antonio.
That is about the only way I see an NFL franchise coming to this area and making it.

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