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7-Unit Apartment Building
For Sale
$645,000

1110 W ASHBY PL, San Antonio, TX 78201

Multi-Family (2-8 Units), San Antonio, TX

Property Size3,802 SF
Lot Size0.25 Acres
Price / SF$169.65
Days on Market110

Property Features for 1110 W ASHBY PL

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R6
Elementary school Beacon Hill
Middle school Whittier
High school Jefferson
Elementary school district San Antonio I.S.D.
Middle school district San Antonio I.S.D.
High school district San Antonio I.S.D.
Subdivision 0900
Standard status Active
Size 3,802 SF
Lot size 0.25 Acres

Taxes and HOA fees

Tax Annual Amount 6589

Building Details

Year built 1917
Listing Agency: Keller Williams Boerne · Keller Williams Realty
Listed By: Timothy Warlow
Added: Jun 30 Changed: Aug 19 Last Checked: Oct 17 at 5:06PM
MLS# 1932803

Copyright © 2026 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.

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Investment Insights

Based on property information with market context.

This 7-unit apartment property includes 3,802 square feet on a 0.251-acre parcel and was built in 1917. Five units are occupied, while the remaining two provide additional leasing capacity within the existing configuration. The property is zoned R6 and is located at 1110 W Ashby Pl in San Antonio’s Alta Vista / Beacon Hill corridor.

The address is near San Antonio College, The Pearl, and St. Mary’s Strip. Reported performance includes a 9.3% going-in cap rate and an 8.3% cap rate after tax reassessment. The asset offers a compact multifamily footprint with a seven-unit configuration and established occupancy.

Key Highlights

  • Seven‑unit apartment property with 3,802 square feet
  • Five of 7 units are occupied
  • 0.251‑acre parcel in San Antonio, TX

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$38,837
Cap Rate
6.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$776,740 $776.7K
Cap Rate 7%
$554,814 $554.8K
Cap Rate 9%
$431,522 $431.5K
Market Conditions
NOI Build-Up for 3,802 SF
Gross rent
$75.3K $19.80/SF
− Vacancy
−$4.7K −$1.23/SF
EGI
$70.6K $18.57/SF
− OpEx
−$31.8K −$8.36/SF
NOI
$38.8K $10.21/SF
Area
San Antonio, TX
Vacancy
6.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$776,740
Cap Rate 7%
$554,814
Cap Rate 9%
$431,522

Alternative Uses

Best Use
Apartment 5plus
$554.8K
$485.5K – $647.3K (±1% cap)
NOI $38,837 @ 7.0% cap · market cap 6.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$969.8K
$848.6K – $1.13M (±1% cap)
NOI $67,888 @ 7.0% cap · market cap 10.53%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Acupuncture Butcher Real Estate Agency Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

1,158
Businesses Nearby

Demographics for 78201, TX

42,005
Population
18,661
Households
2.3
Avg Household Size
39
Median Age
17%
College-Educated
73%
High-School Grad
7.1 sq mi
ZIP Area
5,916
Density / Sq Mi
$46,129
Median Household Income
$30,517
Median Earnings
$1,033
Median Rent
$187,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - R6-zoned multifamily property with five occupied units and established proximity to San Antonio destinations.
Where is this apartment building located?
The property is located at 1110 W ASHBY PL San Antonio, TX.
What is the asking price?
The asking price for this property is $645,000.
What are key features of this property?
This property features: Seven‑unit apartment property with 3,802 square feet; Five of 7 units are occupied; 0.251‑acre parcel in San Antonio, TX
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