A 1924 bungalow tucked into San Antonio's River Road neighborhood just got a lot more affordable, dropping $125,000 to a new asking price of $750,000. The three-bedroom, two-bath home at 123 Armour Place spans 2,158 square feet and comes wrapped in a backyard that looks more like a rainforest escape than a typical Alamo City yard.
The latest markdown is the second price cut for the property this year, according to San Antonio Current, which reports the home was initially listed at nearly $1 million before settling at its current $750,000 figure. The outlet notes it last covered the property back in July, when the asking price had already fallen by $75,000 to $875,000, a detail confirmed in its earlier coverage of the same listing.
Built in 1924, the bungalow features hardwood floors, artsy architectural details, multiple fireplaces and rooms bathed in natural light, the San Antonio Current's report notes. Striking wood-paneled ceilings and walls run throughout the house, echoing what the outlet describes as the earthy aesthetic of the surrounding neighborhood. A covered patio with a wood-slatted ceiling extends the living space outdoors.
A Jungle-Themed Backyard With a Koi Pond
Outside, exotic plants and a resort-style pool give the property what the same account calls a rainforest-paradise feel. The listing from Craig Browning's property page adds further detail, describing a sparkling in-ground pool, a tranquil koi pond and expansive paver patios among the backyard's features.
Inside, the kitchen has been updated with custom cabinetry, stone countertops, premium appliances and a center island, per the same listing. The home is represented by Craig Browning with Phyllis Browning Real Estate, and an open house is scheduled for Sunday from 2 p.m. to 5 p.m., according to the listing page.
How It Compares to the Neighborhood
River Road's housing market has been trending upward even as this bungalow's price has fallen. A Redfin neighborhood snapshot indicates the median sale price of a River Road home was $725,000 over the prior three months, up 7.4 percent from the same period a year earlier.
Another River Road property offers a limited point of comparison. A separate listing at 505 River Road, San Antonio, was priced at $759,000 in September 2024, according to HAR.com. That home, a distinct property from 123 Armour Place, sits on a 0.43-acre corner lot facing the San Antonio River and is described as not being in a flood zone. It totals 2,077 square feet between a 1,637-square-foot main residence and a 440-square-foot garage apartment, and the listing says it lives like a four-bedroom, two-bath home.
Back at 123 Armour Place, the $125,000 reduction leaves the bungalow priced closer to its neighborhood's current median, even as it retains the architectural character and lush landscaping that set it apart from a typical River Road listing.
