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Remodeled Duplex on Corner Lot
For Sale
$259,999

1200 W Magnolia Ave, San Antonio, TX 78201

Two separate units offer updated interiors, new mechanical systems, and a ramped entrance at one residence.

Property Size1,774 SF
Price / SF$146.56
Days on Market63

Property Features for 1200 W Magnolia Ave

General Information

Standard status Active
Size 1,774 SF
Property subtype Multi-Family

Additional Details

Highway Access Yes
Multifamily Units 2

Building Details

Year Built 1940
Listing Agency: Exquisite Properties, LLC
Listed By: Samantha Vandenheuvel
Source: Kingdomtxrealty
Added: Aug 20 Changed: Oct 8 Last Checked: Oct 7 at 2:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Exquisite Properties, LLC

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Investment Insights

Based on property information with market context.

This 1,774-square-foot duplex, built in 1940, contains two separate residential units and has undergone comprehensive interior updates. Improvements include new windows, flooring, paint, fixtures, appliances, AC systems, and water heaters. Renovated bathrooms feature quartz tile showers, while the kitchens include wooden countertops and black backsplash accents. One unit has a ramped entry, and the property has passed a city electrical inspection.

Positioned on a corner lot at 1200 W Magnolia Ave in San Antonio, the property provides access to I-10, Downtown San Antonio, San Antonio International Airport, and Lackland Air Force Base. The asset is offered without HOA obligations and combines updated building systems with a two-unit configuration.

Key Highlights

  • Two‑unit duplex totaling 1,774 SF
  • Built in 1940 and fully remodeled
  • New AC systems, water heaters, windows, flooring, fixtures, and appliances

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,419
Cap Rate
7.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$408,380 $408.4K
Cap Rate 7%
$291,700 $291.7K
Cap Rate 9%
$226,878 $226.9K
Market Conditions
NOI Build-Up for 1,774 SF
Gross rent
$30.9K $17.40/SF
− Vacancy
−$1.7K −$0.96/SF
EGI
$29.2K $16.44/SF
− OpEx
−$8.8K −$4.93/SF
NOI
$20.4K $11.51/SF
Area
San Antonio, TX
Vacancy
5.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$408,380
Cap Rate 7%
$291,700
Cap Rate 9%
$226,878

Alternative Uses

Best Use
Multifamily LT 5
$291.7K
$255.2K – $340.3K (±1% cap)
NOI $20,419 @ 7.0% cap · market cap 7.85%
Second Best
Apartment 5plus
$258.9K
$226.5K – $302.0K (±1% cap)
NOI $18,121 @ 7.0% cap · market cap 6.97%
Theoretical Best
Office A
$452.5K
$396.0K – $527.9K (±1% cap)
NOI $31,676 @ 7.0% cap · market cap 12.18%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,062
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?
Duplex - Two separate units offer updated interiors, new mechanical systems, and a ramped entrance at one residence.
Where is this duplex located?
The property is located at 1200 W Magnolia Ave San Antonio, TX.
What is the asking price?
The asking price for this property is $259,999.
What are key features of this property?
This property features: Two‑unit duplex totaling 1,774 SF; Built in 1940 and fully remodeled; New AC systems, water heaters, windows, flooring, fixtures, and appliances
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