ActiveResidential · sale

402 Madison

San Antonio, TX 78204

$2,200,000

  • 3 beds
  • 2 baths
  • 3,837 sq ft
  • 0.38 acres
  • Built 1885

Listed by Phyllis Browning Company · MLS #1990064

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402 Madison, San Antonio, TX 78204 · MLS #1990064

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A FEW THINGS TO NOTICE

What stands out.

Additional spaces

Above the garage, a casita holds its own kitchen, living room, bedroom, and bath.

Details worth a look

A second bedroom works as a study, with French doors opening to a private balcony.

Year built

Built in 1885.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

A prominent corner setting in King William frames this Queen Anne Victorian residence, built in 1885 by George Chabot, where a spindlework arch, a remarkable central staircase, and a coffered dining ceiling remain at the center of the home more than a century later. The arch opens one of two living rooms, its curve filled with rows of turned spindles and wooden balls set on two turned columns, a matching arch beyond it and a single stained glass panel in one of the windows. The central staircase rises through boxed and paneled newel posts with Eastlake-style carving and turned balusters, its handrail climbing to a gallery landing lit by leaded glass set in a diamond pattern. The formal dining room sits beneath a coffered wood ceiling, recessed-panel wainscot runs through the main rooms over long-leaf pine floors, and decorative fireplaces with carved overmantels and tiled surrounds anchor the living and dining spaces. Upstairs, the primary bedroom opens off the landing with a decorative fireplace and a wall of windows. The full bath has a separate shower and tub, dual vanities, and a walk-in closet. A second bedroom works as a study, with French doors opening to a private balcony. The third bedroom serves as a guest room, with a covered sitting room overlooking Madison Street, flexible space for whatever you need. A renovated kitchen brings in custom cabinetry and professional-grade appliances, and the grounds hold a pool and spa alongside a full outdoor kitchen under an octagonal gazebo. Above the garage, a casita holds its own kitchen, living room, bedroom, and bath. Preserved architecture and careful updates meet here in one of San Antonio's most established neighborhoods, a block from the River Walk and within walking distance of HemisFair Park and Southtown. 3 bed (4th bedroom in the casita) 2 bath (3rd bath casita) 3,837 sq ft 0.38 acre

THE NEIGHBORHOOD

Explore the location.

402 Madison, San Antonio, TX 78204

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LOCAL MARKET CONTEXT

Bexar County housing market

See the broader conditions surrounding this property through ERA Brokers Consolidated research.

12-month price trend$289,488Down 1.0% vs. the previous 12 months
Months of supply5.712-month average
Days on market8512-month weighted average

These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1885
Full baths
2
Half baths
0
Cooling
Three+ Central
Heating
Central
Flooring
Saltillo Tile, Ceramic Tile, Wood
Exterior
Brick, 4 Sides Masonry, Wood
Pool features
In Ground Pool, AdjoiningPool/Spa
Subdivision
KING WILLIAM
Parcel
007470060100
HOA amenities
Park/Playground
Elementary school
Bonham
Middle school
Page Middle
High school
Brackenridge
Annual property tax
$29,041.60

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$4,216.54
Estimated monthly rent$9,166.67
Cap rate2.55%

Annual operating income: $56,098.43

HOA: No HOA cost is included because the listing source does not report one. Confirm whether HOA dues apply before relying on this estimate.

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Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #1990064 · San Antonio Board of Realtors

Listing brokerage: Phyllis Browning Company
Listing agent: Andrea Wollenzin

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.