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For sale
  • $360,000

    2527 Observation, San Antonio, TX 78227

    6beds
    1,965sqft
    : 
    Multi Family
    Built in 2022
    -- sqft lot
    $353,200 Zestimate®
    $183/sqft
    $-- HOA

    What's special

    This fully renovated triplex presents a rare, turnkey investment opportunity in a high-demand rental market near Lackland Air Force Base, SeaWorld and many major employers. Renovated in 2023 with a full down-to-the-studs rehabilitation, this property offers peace of mind for investors seeking stable cash flow and long-term value. Major capital improvements include a brand-new foundation, new roof, complete PEX plumbing and new drain lines, all-new electrical systems, new drywall, energy-efficient windows, doors, and modern finishes throughout. The property is zoned R-6 and consists of three units, two of which are currently occupied, providing immediate income with room to increase future returns once fully stabilized. With all major systems updated, this asset offers a true turnkey investment with minimal immediate capital expenditures required. Ideal for investors seeking a blend of strong cash flow, future upside potential, and asset appreciation.
    26 days
    on Zillow
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    444
    |
    46
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    Zillow last checked: 7 hours ago

    Listing updated: May 15, 2025 at 03:05pm

    Listed by:

    Dominique Jimenez TREC #577284 (210) 800-5525,

    Real Broker, LLC

    Source: SABOR,MLS#: 1862247MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 2527 Observation.

    Next available tour time:Today at 7pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Window Unit, Electric
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Oven, Refrigerator, Oven/Stove
    Features
    • Flooring: Laminate
    Interior area
    • Total structure area: 1,965
    • Total interior livable area: 1,965 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Parking Pad, Pad
    Features
    • Levels: One
    • Patio & porch: Covered
    Lot
    • Size: 9,713.88 Square Feet
    • Features: Level
    Details
    • Parcel number: 155070090120
    • Zoning description: R-6

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Siding
    • Roof: Composition
    Condition
    • Year built: 2022

    Utilities & green energy

    • Electric: Common Electric Meter(s)
    • Gas: Common Gas Meter(s)
    • Water: Common Water Meter(s)

    Community & HOA

    Community
    • Subdivision: Lackland Terrace
    Location
    • Region: San Antonio

    Financial & listing details

    • Price per square foot: $183/sqft
    • Tax assessed value: $157,450
    • Annual tax amount: $3,605
    • Price range: $360K - $360K
    • Date on market: 4/29/2025
    • Listing terms: Conventional,FHA,VA Loan,Cash,Investors OK
    • Total actual rent: 3900
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