We study quark mass matrices derived from magnetized T 2 /Z 2 orbifold models. Yukawa matrices at three modular fixed points, τ = i, e 2πi/3 and i∞ are invariant under S, ST and T -transformations. We study these invariances on T 2 /Z 2 twisted orbifold. We find that Yukawa matrices have a kind of texture structures although ones at τ = i∞ are not realistic. We classify Yukawa textures at τ = i and e 2πi/3 . Moreover we investigate the conditions such that quark mass matrix constructed by Yukawa textures becomes approximately rank one matrix, which is favorable to lead to hierarchical masses between the third generation and the others. It is found that realistic quark mass matrices can be obtained around the S-invariant vacuum and ST -invariant vacuum. As an illustrating example, we show the realization of the quark mass ratios and mixing based on Fritzch and Fritzch-Xing mass matrices.