120 E Magnolia Ave, San Antonio, TX 78212

Local realty services provided by:Better Homes and Gardens Real Estate Winans
120 E Magnolia Ave,San Antonio, TX 78212
$1,290,000
  • - Beds
  • - Baths
  • 3,014 sq. ft.
  • Multi-family
  • Active
Listed by:jair gamiz(210) 618-6646, jairgamiz@outlook.com
Office:uriah real estate organization
MLS#:1908192
Source:SABOR

Price summary

  • Price:$1,290,000
  • Price per sq. ft.:$428

About this home

Prime investment opportunity in the heart of San Antonio! 120 E Magnolia Ave is a fully stabilized fourplex generating strong cash flow with a projected Gross Scheduled Income of $139,200 per year. The property features two units (101 & 201) operating as Airbnb rentals with active 3-year city permits, each producing $3,800/month. Unit 102 is leased at $1,800/month, and Unit 202 has a projected market rent of $2,200/month. Total monthly income at stabilization is $11,600. Operating expenses are modest at just $18,763 annually, including insurance, taxes, water, internet, and landscaping, resulting in a Net Operating Income (NOI) of $120,436.29. At the current asking price of $1,290,000, the property delivers a cap rate of 9.34, making it a rare find for investors seeking immediate returns in a strong rental market. Located just minutes from downtown San Antonio, Pearl Brewery, Trinity University, and major employment centers, the property offers both long-term leasing and short-term

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Home facts

  • Year built:1919
  • Listing ID #:1908192
  • Added:1 day(s) ago
  • Updated:September 16, 2025 at 11:26 PM

Rooms and interior

  • Living area:3,014 sq. ft.

Heating and cooling

  • Cooling:One Central
  • Heating:Electric

Structure and exterior

  • Roof:Tile
  • Year built:1919
  • Building area:3,014 sq. ft.
  • Lot area:0.14 Acres

Schools

  • High school:Edison
  • Middle school:Beacon Hill
  • Elementary school:Cotton

Finances and disclosures

  • Price:$1,290,000
  • Price per sq. ft.:$428
  • Tax amount:$11,560
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