124 E Ashby Pl, San Antonio, TX 78212

Local realty services provided by:Better Homes and Gardens Real Estate Winans
124 E Ashby Pl,San Antonio, TX 78212
$1,200,000
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  • - Beds
  • - Baths
  • 9,133 sq. ft.
  • Multi-family
  • Active
Listed by: shane neal(726) 245-8941, shane@nealteam.com
Office: exp realty
MLS#:1943475
Source:LERA

Price summary

  • Price:$1,200,000
  • Price per sq. ft.:$131.39

About this home

Welcome to 124 E Ashby - a rare historic 8-unit multifamily property located in the heart of Tobin Hill, one of Downtown San Antonio's most walkable and desirable neighborhoods. Originally a grand historic mansion, this architecturally distinctive property features hardwood floors, soaring ceilings, arched doorways, oversized windows, and spacious layouts - each unit offering its own unique character and charm. This is not a commodity apartment complex - it's a boutique historic asset with irreplaceable architectural appeal. Current rents are potentially under market, presenting a compelling value-add opportunity for investors seeking long-term upside. With 75% occupancy and immediate leasing potential on remaining units, there is a clear path toward stabilization and improved cash flow. A stabilized pro forma supports a 5% cap scenario, offering investors the opportunity to increase rents to market levels while benefiting from one of San Antonio's strongest rental corridors. Located

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Home facts

  • Year built:1915
  • Listing ID #:1943475
  • Added:1 day(s) ago
  • Updated:February 23, 2026 at 09:26 PM

Rooms and interior

  • Living area:9,133 sq. ft.

Heating and cooling

  • Cooling:Window/Wall
  • Heating:Natural Gas

Structure and exterior

  • Roof:Composition
  • Year built:1915
  • Building area:9,133 sq. ft.
  • Lot area:0.19 Acres

Schools

  • High school:Edison
  • Middle school:Hawthorne Academy
  • Elementary school:Hawthorne

Finances and disclosures

  • Price:$1,200,000
  • Price per sq. ft.:$131.39
  • Tax amount:$16,717
MLS LogoIDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by LERA MLS (Local Expertise Regional Access).  The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. 

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