# 124 E Ashby Pl, San Antonio, TX 78212

> **TL;DR:** residential multi family, $1,200,000 ($131/sqft), built 1915, 9,133 sqft. Est. $5,200/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,200,000 |
| Price/sqft | $131 |
| Square Feet | 9,133 |
| Year Built | 1915 |
| Lot Size | 8,429 sqft (0.19 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $5,200 |
| **Total** | **$5,200** |

## Nearby Schools

- **Elementary:** Hawthorne
- **High:** Edison

## Property Highlights

- Built in 1915
- 0.19 acre lot

## Description

### Agent Description
Welcome to 124 E Ashby - a rare historic 8-unit multifamily property located in the heart of Tobin Hill, one of Downtown San Antonio's most walkable and desirable neighborhoods. Originally a grand historic mansion, this architecturally distinctive property features hardwood floors, soaring ceilings, arched doorways, oversized windows, and spacious layouts - each unit offering its own unique character and charm. This is not a commodity apartment complex - it's a boutique historic asset with irreplaceable architectural appeal. Current rents are potentially under market, presenting a compelling value-add opportunity for investors seeking long-term upside. With 75% occupancy and immediate leasing potential on remaining units, there is a clear path toward stabilization and improved cash flow. A stabilized pro forma supports a 5% cap scenario, offering investors the opportunity to increase rents to market levels while benefiting from one of San Antonio's strongest rental corridors. Located just steps from St. Mary's Strip, residents enjoy walkable access to nightlife, restaurants, and entertainment. The property is also minutes from The Pearl, San Antonio College, and Downtown. This drives consistent tenant demand and long-term appreciation potential. This is a location-driven investment with built-in rental growth opportunity in a neighborhood where historic character and walkability command premium interest. 124 E Ashby is ideal for investors looking to reposition a unique historic asset in a high-growth urban submarket - not just another multifamily property, but a long-term hold with upside!

## Location

- **Address:** 124 E Ashby Pl, San Antonio, TX 78212
- **County:** Bexar
- **Coordinates:** 29.448849, -98.493203
- **Google Maps:** https://www.google.com/maps?q=29.448849,-98.493203

## Listing Agent

- **Name:** Shane Neal
- **Brokerage:** eXp Realty
- **Phone:** (888) 519-7431
- **Email:** tx.membership@exprealty.com

## Primary Photo

![124 E Ashby Pl - Primary Photo](http://lh.rdcpix.com/2e63c78ad0617f376c17f727dca80ce0l-f2030006422r.jpg)

*51 total photos available on [listing page](https://www.propertysimple.com/listing/124-e-ashby-pl-san-antonio-tx-78212-1943475)*

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**MLS#:** 1943475 | **Updated:** 2026-04-24
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/124-e-ashby-pl-san-antonio-tx-78212-1943475)

---

## Structured Data

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