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Remodeled Duplex on Corner Lot
For Sale
$259,999
Pending

1200 W Magnolia Ave, San Antonio, TX 78201

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

Property Size1,774 SF
Lot Size0.14 Acres
Days on Market96

Property Features for 1200 W Magnolia Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-6 NCD-5
Accessibility Accessible Approach with Ramp
Elementary school Cotton
Middle school Mark Twain
High school Edison
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 Pending
Size 1,774 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Annual Amount 5960

Utilities

Cooling system Central Air

Building Details

Year built 1940
Listing Agency: Exquisite Properties, LLC
Listed By: Samantha Vandenheuvel
Added: Jul 18 Changed: Sep 23 Last Checked: Oct 21 at 9:06AM
MLS# 1964790

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

Positioned on a 0.144-acre corner lot in San Antonio, the property is zoned R-6 NCD-5 and carries no HOA. Its location provides access to I10, Downtown San Antonio, San Antonio International Airport, and Lackland Air Force Base. The two-unit configuration supports both investor and owner-occupant use, subject to applicable requirements.

Key Highlights

  • Two separate units in a remodeled duplex
  • 1,774 square feet on a 0.144‑acre corner lot
  • New windows, flooring, paint, 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 feature refreshed interiors, new AC systems, and ramped access at one entrance.
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 separate units in a remodeled duplex; 1,774 square feet on a 0.144‑acre corner lot; New windows, flooring, paint, fixtures, and appliances
More about this property
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