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For sale
  • Price cut: $280K (5/19)
    $840,000

    25311 Observation, San Antonio, TX 78227

    14beds
    4,965sqft
    : 
    Multi Family
    Built in 1944
    -- sqft lot
    $-- Zestimate®
    $169/sqft
    $-- HOA

    What's special

    Modern finishesPex plumbingElectrical systemsNew foundations
    Rare opportunity to acquire a fully renovated 7-unit portfolio-comprised of a triplex and quadplex-located at 2527 and 2531 Observation Dr, just minutes from Lackland AFB, SeaWorld, and major employers. Both properties were taken down to the studs and fully rebuilt in 2023 with new foundations, roofs, PEX plumbing, electrical systems, windows, doors, drywall, and modern finishes. 4/7 units are currently occupied, offering immediate cash flow with upside through full lease-up and rent increases. Both properties are master-metered. Zoned R-6 and located in a high-demand rental area, this low-maintenance portfolio is ideal for investors seeking strong returns and long-term appreciation.
    40 days
    on Zillow
    |
    177
    |
    20
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 30, 2025 at 12:07am

    Listed by:

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

    Real Broker, LLC

    Source: SABOR,MLS#: 1865442MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 25311 Observation.

    Next available tour time:Today at 6:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 14
    • Bathrooms: 7
    • Full bathrooms: 7
    Heating
    • Window Unit, Electric
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Oven, Refrigerator, Oven/Stove
    Features
    • Flooring: Laminate
    Interior area
    • Total structure area: 4,965
    • Total interior livable area: 4,965 sqft

    Property

    Parking
    • Total spaces: 14
    • Parking features: Parking Pad, Pad
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered
    Lot
    • Size: 9,713.88 Square Feet
    • Features: Level
    Details
    • Parcel number: 155070090110
    • Zoning description: R-6

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Siding
    • Roof: Composition
    Condition
    • Year built: 1944

    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: $169/sqft
    • Annual tax amount: $8,507
    • Price range: $840K - $840K
    • Date on market: 5/9/2025
    • Listing terms: Conventional,Cash,Investors OK
    • Total actual rent: 9300
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