Magnolia Village North

Purchase Price
From $374,990 per duplex
Incentives
~3.75% interest rate for qualified borrowers
0% down for VA, 3.5% down for FHA
Suggested Rent
$1,375 to $1,450 per unit
Cap Rate and Total Return
5.11% / 20%
See Financials & Docs Below.

Additional Details

Location
10239 Briarwood Nook, San Antonio, TX 78252 (1604 and 90 West near Cinco Lakes)
Model Home Hours
Monday to Saturday: 10am to 6pm
Sunday: 12pm to 6pm
Specifications
Kennedy Floor Plan: 2 Units, each with 1,263 sq. ft., 3 Bedrooms, 2 baths
Lyon Floor Plan: 2 Units, each with 1,109 sq. ft., 2 Bedrooms, 2 baths

Request Information 210-444-2040

*Based on cash purchase. Includes property management, HOA fees, property taxes, and other expenses. See proforma for details.

Magnolia Village North Gallery
To see 3D video renders, use one of these links: Lyon Floor Plan (2 bedroom) or Kennedy Floor Plan (3 bedroom)

Why Purchase a Duplex?

Live in One Unit.
Rent the Other.

If you live in the duplex you purchase, you may qualify for an FHA or VA loan, requiring little or no money down and allowing you to start building your rental portfolio even as a first-time home buyer. When the time is right, you can move out and rent out both units.

Rent Both Units for Passive Income

When you rent out both units, a duplex provides two income streams from a single purchase, saving you on closing costs and simplifying property management. And you don’t have to manage the property yourself. You can have a professional management company collect rents, take care of repairs, and essentially take the hassle out of ownership and provide passive “mailbox money,” even when you take out a loan to complete your purchase. Some customers use this income to pay down their mortgage faster, planning to own their properties free and clear during retirement.

Balance Your Portfolio

When a recession or a market crash happens, it’s good to know that not all of your wealth is in jeopardy. Real estate can help provide you with peace of mind since when the value of stocks and bonds fall, the rent you are collecting doesn't.

Build Equity

A duplex helps you build equity in two ways. First, every month your tenants help pay down your mortgage. Second, as rents rise, the value of your property does as well. Over the span of 10 to 15 years, this rise in value usually becomes the main factor powering your return on investment. When you take both of these methods for building equity and add in cash-flow, your annual ROI can be in the double digits.

Tax Benefits

The great news about owning an investment property is you can deduct a percentage of the value of your property from your property income every year. The amount of the deduction is currently equal to the value of your property, minus lot cost, divided by 27.5 years. So, for example, for a $500,000 duplex on a $75,000 lot, you can usually deduct around $15,454 per year (425,000 / 27.5). Depending on your particular circumstances, this could mean you don’t have to pay any taxes on your rental income. Please consult your CPA or tax attorney to learn more before making any investment decisions.

“Investing in multifamily housing helps private investors build a portfolio that better weathers risk. It is a hedge against volatile stocks and bonds and a way to build wealth as property values rise that is also very tax efficient.” - Forbes Magazine

Request Information 210-444-2040

Why Choose Rosehaven Homes?

Great Rents. Low Prices. Incredible Interest Rates!

Rents at Magnolia Village so far have been strong and consistent and are as high or higher than other duplexes that cost significantly more. When you couple that with the incredible interest rates we offer through our preferred lending partner and run the numbers, you’ll see it’s hard to beat us when in comes to the financials.

Come visit us today to learn more or check out our Financials and Documents section for more information.

Renters Love Our Products

Having long-term renters makes maximizing your return on investment much easier, and the way to get long-term renters is to own a home they love. That’s our total focus. We build beautiful homes with modern conveniences and amenities that renters are proud to call home. We accomplish this by including features, such as:

Beautiful front elevations, that look more like a large, grand home than a duplex,
A gated entrance for peace of mind,
A backyard, which is almost impossible to get in an apartment,
Private parking for 2 cars for each unit plus plenty of visitor parking spaces, and
A children’s park and dog park for an enhanced lifestyle.

Our Duplexes Are a Better Deal for Renters than Apartments

Our duplex properties have the interior look and feel of a high-end apartment, yet cost less and offer key differentiators that, dollar for dollar, no apartment can match. This includes spacious rooms, beautiful kitchens, laundry rooms built for a full-size washer and dryer, plenty of storage space, convenient parking, private backyard space for children and pets, and no lugging groceries up three flights of stairs.

Our Duplexes Are Managed by an HOA for Long-Term Success

Our goal is to build high quality communities that can stand the test of time. A neighborhood without active maintenance and enforced rules can deteriorate, holding back growth in rents and property values. That’s why we ensure an HOA is there to protect the neighborhood as a whole by maintaining public spaces and amenities; and ensuring the gates are in good working order.

The HOA at Magnolia Village North allows Airbnb and VRBO rentals.

We Build in Fast-Growing Central Texas

San Antonio is expected to add an additional one million residents over the next 17 years and the Austin-San Antonio corridor, which includes New Braunfels, is expected to grow by 34% over the next 12 years. This is creating high demand for rental homes and is great news for investors who get in early.

We Offer an Outstanding Warranty

Purchasing a used duplex or rental home presents certain risks you just don’t get with a brand-new duplex. Our duplexes have no hidden costs or deferred maintenance. You get manufacturer warranties for all appliances, the HVAC system, and water heater. You also get a 1-year warranty that guards against defects in material or workmanship, a 2-year warranty for all systems such as plumbing and electric, and a ten-year structural warranty.

Ready to learn more? Contact us today!

Request Information 210-444-2040

Magnolia Village North Highlights

Beautiful Duplexes Built for ROI

Rosehaven has built Magnolia Village with investors in mind. Our classically designed homes with gorgeous interior finishes are rent-ready from day one and a great way to earn an outstanding ROI.

Located in San Antonio’s Fast-Growing Far West Side Near Major Employers

Magnolia Village is located just off 1604 and 90 West, making it a great place to find renters who don’t want to travel an extra 30 minutes outside of 1604 through gridlock traffic just to get home every day. The area is currently a hot spot for growth, driven to a large extent by the number of major employers within a twenty-minute drive including Joint Base Lackland, USAA, Citibank, American Funds, Valero, UTSA, Six Flags, Marathon Petroleum, Microsoft, and a concentration of data centers and call centers on nearby Highway 151.

Near Great Schools, Shopping, and Parks

Set in rolling hills, Magnolia Village is located in a kid-friendly, excellent place to raise a family. Nearby outdoor activities include swimming, boating, and fishing at Medina Lake; hiking at Government Canyon; and cycling on San Antonio's 70-mile linear park system. All the shopping you'd want is just 10-15 minutes away at Alamo Ranch, and two Southwest ISD schools are within a 5-mile radius as well as several highly ranked tuition-free public charter schools, including IDEA College Prep, Great Hearts Western Hills, and Harmony Science Academy.

Gated for Peace of Mind

Magnolia Village is a private community gated to prevent through-traffic and help enhance safety and security for children and anyone looking for a little extra peace of mind. It’s a great reason for renters to choose our community over others.

Two Beautiful Parks

Magnolia Village includes a private children’s park and dog park, making it a great choice for those looking to spend quality time outdoors.

Professional Management Available

A professional management company can take the hassle out of ownership by collecting rents, taking care of repairs, and essentially turning duplex ownership into a passive investment. Rosehaven Homes is a builder only and does not endorse or have a financial relationship with any property management firm. However, we have secured agreements on behalf of our clients with certain property managers who will follow our rental best practices and offer special discounts. Contact us for details.

Energy-Efficient Building Practices at No Extra Charge

Our homes are more than just beautiful – they’re built with high-performance and energy efficiency in mind. Most new homes at Magnolia Village include, at no additional charge, foam insulation, a conditioned attic, and a 220V electric car outlet in each garage. Together, these features should lower energy consumption by about 30% compared to the average new home. For Rosehaven, building energy-efficient homes is about our values, which is why we never charge extra for these features.

Additionally, the foam insulation is fantastic for sound-proofing and keeping out allergens and pollutants.

Learn more about Green Building Standard 2.0

Request Information 210-444-2040

The Kennedy Floor Plan

The Kennedy floor plan has two units, one downstairs and one upstairs, each with 3-bedrooms, 2-baths, and 1,263 square feet. The Kennedy is designed to compete with single family home rentals by offering a much lower rental price point for a 3-bedroom. It is ideal for: (1) a family looking for a very affordable home; (2) roommates who can split the rent and want an extra work-from-home office; (3) an individual or couple who wants to live alone and have a spare room and office; or (4) anyone who wants to live on a single floor, especially older renters.

The Kennedy Floor Plan

Farmhouse

Magnolia Village North, San Antonio, Texas

Starting at $401,990

1,263
per unit

3
per unit

2
per unit

0
per unit

The Kennedy Floor Plan

Modern Farmhouse

Magnolia Village North, San Antonio, Texas

Starting at $404,990

1,263
per unit

3
per unit

2
per unit

0
per unit

The Kennedy Floor Plan

Craftsman

Magnolia Village North, San Antonio, Texas

Starting at $399,990

1,263
per unit

3
per unit

2
per unit

0
per unit

The Kennedy Floor Plan

American Colonial

Magnolia Village North, San Antonio, Texas

Starting at $393,990

1,263
per unit

3
per unit

2
per unit

0
per unit

The Lyon Floor Plan

The Lyon floor plan has two units, one downstairs and one upstairs, each with 2-bedrooms, 2-baths, and 1,109 square feet. The Lyon is built to compete with apartment complexes, since most units in a typical apartment complex have 2 bedrooms. The Lyon’s two bedrooms are the same approximate size, making it ideal for either (1) roommates who can split the rent; (2) an individual or couple who wants to live alone and have a spare room or office; (3) a small family; or (4) anyone who wants to live on a single floor, especially older renters.

The Lyon Floor Plan