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
$1,290,000Last list price
- - Beds
 - - Baths
 - - sq. ft.
 - Multi-family
 - Sold
 
Listed by:jair gamiz(210) 618-6646, jairgamiz@outlook.com
Office:uriah real estate organization
MLS#:1908192
Source:SABOR
Sorry, we are unable to map this address
Price summary
- Price:$1,290,000
 
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 rental upside. This combination of permitted Airbnb units, conventional rentals, and prime location ensures consistent cash flow and future appreciation potential.  With all units either leased or stablelize at market rent, 120 E Magnolia Ave represents a turnkey, income-producing asset ideal for seasoned investors or those seeking to enter San Antonio's thriving multifamily and short-term rental market.   
Contact an agent
Home facts
- Year built:1919
 - Listing ID #:1908192
 - Added:43 day(s) ago
 - Updated:October 30, 2025 at 06:26 PM
 
Heating and cooling
- Cooling:One Central
 - Heating:Electric
 
Structure and exterior
- Roof:Tile
 - Year built:1919
 
Schools
- High school:Edison
 - Middle school:Beacon Hill
 - Elementary school:Cotton
 
Finances and disclosures
- Price:$1,290,000
 - Tax amount:$11,560
 
New listings near 120 E Magnolia Ave
- New
$340,000Active4 beds 2 baths1,990 sq. ft.14703 Running Wolf, San Antonio, TX 78245
MLS# 1919293Listed by: SAN ANTONIO PORTFOLIO KW RE - New
$623,193Active4 beds 4 baths3,454 sq. ft.9957 Aurora Hill St, Boerne, TX 78006
MLS# 1919296Listed by: DAVID WEEKLEY HOMES, INC. - New
$260,000Active4 beds 3 baths1,643 sq. ft.10422 Green Lake, San Antonio, TX 78223
MLS# 1919306Listed by: 1ST CHOICE REALTY GROUP - New
$299,000Active3 beds 3 baths2,219 sq. ft.13851 Griffin Ridge, San Antonio, TX 78247
MLS# 1919254Listed by: COLDWELL BANKER D'ANN HARPER - New
$232,999Active3 beds 2 baths1,402 sq. ft.10831 Lillia Branch, San Antonio, TX 78224
MLS# 1919256Listed by: MARTI REALTY GROUP - New
$324,990Active3 beds 3 baths2,134 sq. ft.439 Redbird Song, San Antonio, TX 78253
MLS# 1919259Listed by: 43 REALTY, LLC - New
$269,999Active3 beds 2 baths1,510 sq. ft.1418 Caceres Spur, San Antonio, TX 78224
MLS# 1919260Listed by: MARTI REALTY GROUP - New
$466,000Active5 beds 3 baths3,072 sq. ft.4614 Winter Cherry, San Antonio, TX 78245
MLS# 1919263Listed by: VORTEX REALTY - New
$239,900Active3 beds 2 baths1,440 sq. ft.10155 Asta Trail, San Antonio, TX 78224
MLS# 1919270Listed by: PATRIOT REALTY - New
$209,999Active3 beds 2 baths1,268 sq. ft.7914 Wayside, San Antonio, TX 78244
MLS# 1919272Listed by: RE/MAX GO - NB