118 FUNSTON PL, SAN ANTONIO, TX 78209

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Homes for sale in 78209.


118 Funston Pl

San Antonio, TX 78209

Status of the property has changed, please contact for details

List Price$949,999

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

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

Walk Score

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