118 FUNSTON PL, SAN ANTONIO, TX 78209
Homes for sale in San Antonio.
Homes for sale in 78209.
118 Funston Pl
San Antonio, TX 78209
List Price$949,999
Listing #1912457
9
Number of Units
Multi-Unit Residential
Type
About This Property
This offering features a stabilized 9-unit multifamily property in the highly desirable Mahncke Park, with an additional single-family home at 417 Margaret Ave offered separately at $160,000. Known for its tree-lined streets, historic character, and proximity to downtown, the Pearl District, and major employment hubs, Mahncke Park continues to be one of the city's most sought-after rental markets. The multifamily property totals 7,590 SF on a 0.33-acre lot, with a strong unit mix of one-bedroom, two-bedroom, and studio layouts. Built in 1954, the asset combines classic architecture with functionality and recent updates, including exterior paint (2021), select AC replacements, and a solid roof-minimizing near-term capital requirements. With solid operations and multiple investment strategies, this property provides both immediate income and long-term upside. Whether held as a cash-flowing asset, repositioned with value-add improvements, or redeveloped in the future, the opportunities here are substantial.
Listing Courtesy of Michael Vasquez, Real Broker, LLC (210) 255-1118
Property Features
Location Information
County
Bexar
Subdivision
MAHNCKE PARK
MLS Area
1300
Interior Features
Heating
Central, Window Unit
Unit 2 Features
Bedrooms: 1, FullBaths: 1, HalfBaths: 0
Heating Fuel
Other
Unit 3 Features
Bedrooms: 1, FullBaths: 1, HalfBaths: 0
Cooling
Multi-Unit Central, Window/Wall
Unit 4 Features
Bedrooms: 1, FullBaths: 1, HalfBaths: 0
Floors
Vinyl
Total Number of Units
9
Unit 1 Features
Bedrooms: 1, FullBaths: 1, HalfBaths: 0
Exterior Features
Siding
Brick, Other
Sewer Supplier
SAWS
Builder
UNKNOWN
Water Supplier
SAWS
Foundation
Slab
Electric Supplier
CPS
Roof
Built-Up/Gravel
Lot Size
0.3299
Water / Sewer
City
Zoning
MF-33
School
School District
San Antonio I.S.D.
Jr. High School
Mark Twain
Elementary School
Lamar
High School
Edison
Additional Information
Property Type
RI
Status
Active
Year Built
1955
None
Gross Annual Income
126,600
Similar Listings
Mortgage Calculator
$4,435
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$3,423
Monthly Tax
$791
Monthly Insurance
$221
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
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