ActiveResidential · sale

123 Lexington

San Antonio, TX 78205

$4,900,000

  • 3 beds
  • 5 baths
  • 5,676 sq ft
  • Built 2020

Listed by Phyllis Browning Company · MLS #1947837

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 2020.

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

THE PROPERTY

Get to know the property.

Rising above the city on the 18th and 19th floors of The Arts Residences at the Thompson Hotel, this remarkable penthouse delivers a level of scale, design, and exclusivity rarely encountered in San Antonio. Spanning approximately 5,676 square feet, the residence offers a sophisticated interpretation of modern penthouse living, with striking architecture, refined finishes, and sweeping skyline views. Floor-to-ceiling glass walls frame the city, filling the home with natural light and showcasing breathtaking views of the skyline. Expansive living and entertaining spaces unfold beneath soaring ceilings, creating a sense of openness and quiet grandeur that is both impressive and inviting. The chef's kitchen serves as both a functional workspace and a design centerpiece. Outfitted with sleek Italian Pedini cabinetry and a full suite of precision-crafted Gaggenau appliances, the space is anchored by an oversized island designed for both intimate gatherings and elegant entertaining. The owner's suite is a true retreat, thoughtfully positioned to maximize privacy and views. A gracious sitting area provides a quiet escape above the city, while dual spa-like bathrooms elevate the experience with a sense of indulgence typically reserved for luxury resorts. The residence offers three generously proportioned bedrooms with ensuite bathrooms, two powder bathrooms, a private office, and a dedicated media room designed for cinematic evenings at home. Each space has been carefully designed to strike a balance between comfort and elevated style. A particularly rare offering within a luxury high-rise, the penthouse includes its own private enclosed three-car garage, providing an exceptional level of privacy and convenience rarely available in urban living. Ownership also grants privileged access to the full collection of five-star services and amenities at the Thompson Hotel. Residents enjoy 24-hour concierge and valet service, in-residence dining, a resort-style rooftop pool with cabanas, and a world-class spa complete with steam and sauna, with the option for private in-home treatments. Moments from the residence, the city's cultural heartbeat awaits, including performances at the acclaimed Tobin Center for the Performing Arts and vibrant dining along the iconic San Antonio River Walk. Residents can enjoy acclaimed dining or sunset cocktails overlooking the skyline at The Moon's Daughters. Bold in scale yet refined in every detail, this penthouse represents a rare opportunity to own one of the most distinguished residences in the city, where luxury living meets world-class hospitality in one of downtown's most coveted addresses.

THE NEIGHBORHOOD

Explore the location.

123 Lexington, San Antonio, TX 78205

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THE DETAILS

The details, all in one place.

Property type
Condominium/Townhome
Category
Residential
Year built
2020
Full baths
3
Half baths
2
Cooling
Three+ Central
Heating
Central
Flooring
Ceramic Tile, Wood
Exterior
Stone/Rock, Stucco, Masonry/Steel
Subdivision
The Arts Residences
Parcel
008021001803
HOA
THE ARTS RESIDENCES HOA
Elementary school
Bowden
High school
Brackenridge
Annual property tax
$88,429.10
HOA fee
$3,534.12

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
Estimated monthly rent$20,416.67
Cap rate

Annual operating income:

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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
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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123 Lexington, San Antonio, TX 78205 · MLS #1947837

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Listing information

MLS #1947837 · San Antonio Board of Realtors

Listing brokerage: Phyllis Browning Company
Listing agent: Nicholas Kjos

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