124 E Ashby Pl, San Antonio, TX 78212

Local realty services provided by:ERA Experts
124 E Ashby Pl,San Antonio, TX 78212
$1,200,000
Virtual Tour
  • - 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
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