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2527 Observation
San Antonio TX 78227 US

$360,000

Active Listing ID 1862247
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3.00 Bath (3 Full)
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Lot: 0.22 Acres
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Other

$360,000

Active Listing ID 1862247
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2527 Observation 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.

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Property Features

  • Facts
  • Lot Size: 0.22 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 3
  • Cooling System: Central Air
  • Exterior Finish: Covered Patio, Level
  • Roof Type: Composition
  • Heating Fuels: Central, Electric (Heating)
  • Additional Features
  • Patio

School Information

  • School
  • Westwood Terrace(Elementary)
  • Jones(MiddleSchool)
  • John Jay(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 360000
  • unparsedaddress: 2527 Observation
  • postalcity: San Antonio
  • stateorprovince: TX
  • country: US
  • postalcode: 78227
  • bathroomsfull: 3
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.223
  • lotsizeunits: Acres
  • lotsizearea: 0.223
  • livingarea: 1965
  • livingareaunits: Square Feet
  • listagentfullname: Dominique Jimenez
  • listagentemail: dominique.sarealtor@gmail.com
  • listagentkey: 3yd-SABORTX-577284
  • listagentmlsid: 577284
  • listagentpreferredphone: 2108005525
  • listagentofficephone: 8554500442
  • listofficekey: 3yd-SABORTX-REAH00
  • listofficemlsid: REAH00
  • disclaimer: Copyright © 2025 San Antonio Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: SABORTX
  • yearbuilt: 2022
  • listingcontractdate: 2025-04-29
  • listagenturl: http://www.joinreal.com
  • countyorparish: Bexar
  • parcelnumber: 155070090120
  • elementaryschool: Westwood Terrace
  • highschool: John Jay
  • elementaryschooldistrict: Northside
  • middleorjuniorschooldistrict: Northside
  • highschooldistrict: Northside
  • cooling: Central Air
  • heating: Central, Electric (Heating)
  • numberofunitstotal: 3
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 6
  • roof: Composition
  • waterfrontyn: False
  • exteriorfeatures: Covered Patio, Level
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3
  • patioandporchfeatures: Patio
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Real Broker, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"dominique.sarealtor@gmail.com", "ListBrokerageCity":"Houston", "ListBrokerageCountry":"US", "ListBrokerageEmail":"txbroker@joinreal.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Real Broker, LLC", "ListBrokeragePhone":"(214) 202-7615", "ListBrokeragePostalCode":"76051", "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":"Westheimer Road, #200", "ListBrokerageUnparsedAddress":"5100", "ListBrokerageWebsiteUrl":"http://www.joinreal.com", "ListOfficeAddress1":"2626 Cole Avenue", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Dallas", "ListOfficeCountry":"US", "ListOfficeEmail":"support@therealbrokerage.com", "ListOfficePostalCode":"75204", "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"One Story - San Antonio, TX", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/2527-Observation-Dr_San-Antonio_TX_78227_M82306-43436?f=listhub&s=SABORTX&m=1862247&c=rexren", "MLSModificationTimestamp":"2025-04-29T21:11:28Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"One Story", "RawPropertyType":"Multi-Family (2-8 Units)", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":3605.21, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/8/2025 3:11:41 PM GMT
Source Updated Date: 5/14/2025 7:43:34 AM GMT

Courtesy of: Dominique Jimenez, Real Broker, LLC, dominique.sarealtor@gmail.com

Copyright 漏 2025 San Antonio Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.