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    118 Funston Pl San Antonio, TX 78209

    For Sale
    $949,999

    MULTI_FAMILY - San Antonio, TX

    Property size:
    7,590 SF
    Lot size:
    0.33 Acres
    Days on Market:
    9
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 118 Funston Pl

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MF-33
    Size
    7,590 SF
    Lot size
    0.33 Acres

    Building Details

    Year built
    1954

    Real Broker, LLC (214) 202-7615 [email protected]

    Listing agent Michael Vasquez (855) 450-0442

    Listing date Nov 27, 2025

    Copyright © 2025 LERA MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    San Antonio Multifamily Investment Opportunity

    This offering features a stabilized 9-unit multifamily property in the highly desirable Mahncke Park. The multifamily property totals 7,590 square feet on a 0.33-acre lot. Built in 1954, the asset combines classic architecture with functionality and recent updates, including exterior paint in 2021, select AC replacements, and a solid roof. The property has a strong unit mix of one-bedroom, two-bedroom, and studio layouts. Mahncke Park is known for its tree-lined streets, historic character, and proximity to downtown, the Pearl District, and major employment hubs, and continues to be one of the city's most sought-after rental markets. With solid operations and multiple investment strategies, this property provides both immediate income and long-term upside. The zoning is MF-33. Whether held as a cash-flowing asset, repositioned with value-add improvements, or redeveloped in the future, the opportunities here are substantial.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Comal
    State
    Texas
    Longitude
    -98.468279
    Latitude
    29.457358

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    FAQs

    What type of property is this?
    Apartment building - Stabilized 9-unit multifamily property in desirable Mahncke Park.
    Where is this apartment building located?
    The property is located at 118 Funston Pl San Antonio, TX.
    What is the asking price?
    The asking price for this property is $949,999.
    What are key features of this property?
    This property features: - Prime Location in desirable Mahncke Park near downtown and the Pearl District.; - Stabilized 9-unit multifamily property providing immediate income.; - Sizeable 0.33-acre lot offering potential for future redevelopment.
    (855) 450-0442
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    San Antonio, TX 78209
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    118 Funston Pl San Antonio, TX 78209
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