124 E Ashby Pl, San Antonio, TX 78212
Local realty services provided by:CENTURY 21 North East
Listed by: shane neal
Office: exp realty
MLS#:1943475
Source:LERA
Price summary
- Price:$975,000
- Price per sq. ft.:$106.76
About this home
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!...
Contact an agent
Home facts
- Year built:1915
- Subdivision & Development:UNKNOWN
- Listing ID #:1943475
- Added:202 day(s) ago
- Updated:September 14, 2026 at 01:49 PM
Rooms and interior
- Flooring:Ceramic Tile, Laminate, Wood
- Living area:9,133 sq. ft.
Heating and cooling
- Cooling:Window/Wall
- Heating:Natural Gas
Structure and exterior
- Roof:Composition
- Year built:1915
- Building area:9,133 sq. ft.
- Lot area:0.19 Acres
- Construction Materials:Siding, Wood
- Exterior Features:Cable TV Available, Covered Patio, Detached Quarters, Has Gutters, Mature Trees, Patio Slab
Schools
- High school:Edison
- Middle school:Hawthorne Academy
- Elementary school:Hawthorne
Finances and disclosures
- Price:$975,000
- Price per sq. ft.:$106.76
- Tax amount:$16,717
New listings near 124 E Ashby Pl
- New
$312,900Active4 beds 3 baths2,426 sq. ft.8834 Star Creek Dr, San Antonio, TX 78251
MLS# 2016369Listed by: HOMESMART - New
$64,900Active0.23 Acres3902 Meeks Ave, San Antonio, TX 78210
MLS# 2016351Listed by: VORTEX REALTY - New
$185,000Active2 beds 1 baths851 sq. ft.5923 Fox Cyn, San Antonio, TX 78252
MLS# 2016355Listed by: EXP REALTY - New
$179,000Active3 beds 2 baths1,039 sq. ft.7138 Timber Ridge Dr, San Antonio, TX 78227
MLS# 2016359Listed by: LONNA PROPERTIES LLC - New
$96,000Active0.52 Acres10103 Carson Spgs, San Antonio, TX 78255
MLS# 2016362Listed by: BHHS DON JOHNSON REALTORS - NB - New
$215,000Active3 beds 2 baths1,744 sq. ft.3947 Southport Drive, San Antonio, TX 78223
MLS# 2016346Listed by: KUPER SOTHEBY'S INT'L REALTY - New
$279,900Active3 beds 2 baths1,470 sq. ft.6906 Sunset Village Dr, San Antonio, TX 78249
MLS# 2016340Listed by: KELLER WILLIAMS HERITAGE - New
$299,999Active3 beds 2 baths1,818 sq. ft.14802 Turkey Trail, San Antonio, TX 78232
MLS# 2016341Listed by: SAN ANTONIO PORTFOLIO KW RE - New
$299,000Active4 beds 2 baths1,503 sq. ft.3331 Deer Crk, San Antonio, TX 78230
MLS# 2016291Listed by: KELLER WILLIAMS HERITAGE - New
$430,000Active3 beds 2 baths1,810 sq. ft.178 Da Vinci, San Antonio, TX 78258
MLS# 2016333Listed by: LIFESTYLES REALTY CENTRAL TEXAS INC