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For sale
  • $1,950,000

    2706 Observation, San Antonio, TX 78227

    16beds
    13,295sqft
    : 
    Multi Family
    Built in 1945
    -- sqft lot
    $1,746,400 Zestimate®
    $147/sqft
    $-- HOA

    What's special

    Full down-to-the-studs renovationDedicated laundry facilityBrand-new foundation
    This fully vacant, turnkey 17-unit property with a dedicated laundry facility has just completed a full down-to-the-studs renovation in 2025. Upgrades include a brand-new foundation, roof, plumbing, electrical, and drywall-offering investors a modern, low-maintenance asset ready for immediate lease-up. Located minutes from Lackland Air Force Base and SeaWorld, the property sits in a high-demand rental corridor with strong tenant drivers. With no deferred maintenance and all major systems replaced, this is an ideal buy-and-hold or value-add opportunity with significant cash flow and appreciation potential.
    43 days
    on Zillow
    |
    249
    |
    15
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 16, 2025 at 12:07am

    Listed by:

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

    Real Broker, LLC

    Source: SABOR,MLS#: 1864075MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 2706 Observation.

    Next available tour time:Today at 6:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 16
    • Bathrooms: 8
    • Full bathrooms: 8
    Heating
    • Window Unit, Electric
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Oven, Refrigerator, Oven/Stove
    Features
    • Flooring: Laminate
    Interior area
    • Total structure area: 13,295
    • Total interior livable area: 13,295 sqft

    Property

    Parking
    • Total spaces: 16
    • Parking features: Parking Pad, Pad
    Features
    • Levels: One
    • Patio & porch: Covered
    Lot
    • Size: 1.09 Acres
    • Features: Level
    Details
    • Parcel number: 155130030050
    • Zoning description: R-6

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Siding
    • Roof: Composition
    Condition
    • Year built: 1945

    Utilities & green energy

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

    Community & HOA

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

    Financial & listing details

    • Price per square foot: $147/sqft
    • Tax assessed value: $1,046,850
    • Annual tax amount: $23,970
    • Price range: $2M - $2M
    • Date on market: 5/6/2025
    • Listing terms: Conventional,Cash,Investors OK
    • Total actual rent: 9100
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