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  1. Ron Tate, Broker,CRB,CRS,GRI,REALTOR ®,SFR
  2. By Referral Realty
  3. Mobile: 210.861.5730
  4. Office: 210.479.3948
  5. Fax: 210.479.3949
  6. rontate@taterealtypro.com
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120 Magnolia Ave E120 Magnolia Ave E Listing photo id 0 for 120 Magnolia Ave E Listing photo id 1 for 120 Magnolia Ave E Listing photo id 2 for 120 Magnolia Ave E Listing photo id 3 for 120 Magnolia Ave E Listing photo id 4 for 120 Magnolia Ave E Listing photo id 5 for 120 Magnolia Ave E Listing photo id 6 for 120 Magnolia Ave E Listing photo id 7 for 120 Magnolia Ave E Listing photo id 8 for 120 Magnolia Ave E Listing photo id 9 for 120 Magnolia Ave E Listing photo id 10 for 120 Magnolia Ave E Listing photo id 11 for 120 Magnolia Ave E Listing photo id 12 for 120 Magnolia Ave E Listing photo id 13 for 120 Magnolia Ave E Listing photo id 14 for 120 Magnolia Ave E Listing photo id 15 for 120 Magnolia Ave E Listing photo id 16 for 120 Magnolia Ave E Listing photo id 17 for 120 Magnolia Ave E Listing photo id 18 for 120 Magnolia Ave E Listing photo id 19 for 120 Magnolia Ave E Listing photo id 20 for 120 Magnolia Ave E Listing photo id 21 for 120 Magnolia Ave E Listing photo id 22 for 120 Magnolia Ave E Listing photo id 23 for 120 Magnolia Ave E Listing photo id 24 for 120 Magnolia Ave E Listing photo id 25 for 120 Magnolia Ave E Listing photo id 26 for 120 Magnolia Ave E Listing photo id 27 for 120 Magnolia Ave E Listing photo id 28 for 120 Magnolia Ave E Listing photo id 29 for 120 Magnolia Ave E Listing photo id 30 for 120 Magnolia Ave E Listing photo id 31 for 120 Magnolia Ave E Listing photo id 32 for 120 Magnolia Ave E Listing photo id 33 for 120 Magnolia Ave E Listing photo id 34 for 120 Magnolia Ave E Listing photo id 35 for 120 Magnolia Ave E Listing photo id 36 for 120 Magnolia Ave E Listing photo id 37 for 120 Magnolia Ave E Listing photo id 38 for 120 Magnolia Ave E Listing photo id 39 for 120 Magnolia Ave E Listing photo id 40 for 120 Magnolia Ave E Listing photo id 41 for 120 Magnolia Ave E Listing photo id 42 for 120 Magnolia Ave E Listing photo id 43 for 120 Magnolia Ave E Listing photo id 44 for 120 Magnolia Ave E
  • MLS#: 1908192 ( Multi-Family (2-8 Units) )
  • Street Address: 120 Magnolia Ave E
  • Viewed: 24
  • Price: $1,290,000
  • Price sqft: $428
  • Waterfront: No
  • Year Built: 1919
  • Bldg sqft: 3014
  • Days On Market: 36
  • Additional Information
  • County: BEXAR
  • City: San Antonio
  • Zipcode: 78212
  • Subdivision: Monte Vista
  • District: San Antonio I.S.D.
  • Elementary School: Cotton
  • Middle School: Beacon Hill
  • High School: Edison
  • Provided by: Uriah Real Estate Organization
  • Contact: Jair Gamiz
  • (210) 618-6646
  • San Antonio, TX MLS IDX
  • DMCA Notice
  • Description
    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.
Features
Possible Terms
  1. Conventional
  2. Cash
Air Conditioning
  1. One Central
Annual Operating Expense
  1. 18763.71
Apprx Age
  1. 106
Block
  1. 12
Builder Name
  1. unknown
Contract
  1. Exclusive Right To Sell
Days On Market
  1. 23
Dom
  1. 23
Elementary School
  1. Cotton
Exterior Features
  1. Siding
Flooring
  1. Laminate
Heat
  1. Central
Heating Fuel
  1. Electric
High School
  1. Edison
Home Owners Association Mandatory
  1. None
Instdir
  1. From downtown San Antonio: go north on N Main Ave
  2. cross I-35
  3. continue 1.3 miles
  4. then turn right on E Magnolia Ave. 120 E Magnolia will be on your right.
Legal Description
  1. Ncb 1704 Blk 12 Lot 6
Meters
  1. Separate Electric
  2. Common Water
Middle School
  1. Beacon Hill
Net Operating Income
  1. 120436.29
Op Exp Includes
  1. Taxes
  2. Insurance
  3. Maintenance
  4. Other
Owner Lrealreb
  1. No
Ph To Show
  1. 2106186646
Property Type
  1. Multi-Family (2-8 Units)
Recent Rehab
  1. Yes
Roofing
  1. Tile
Salerent
  1. For Sale
School District
  1. San Antonio I.S.D.
Source Sqft
  1. Appsl Dist
Total Tax
  1. 11559.71
Views
  1. 24
Year Built
  1. 1919
Zoning
  1. R-4 CD