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2706 Observation
San Antonio TX 78227 US

$1,950,000

Active Listing ID 1864075
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8.00 Bath (8 Full)
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Lot: 1.09 Acres
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Other

$1,950,000

Active Listing ID 1864075
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2706 Observation 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.

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Property Features

  • Facts
  • Lot Size: 1.09 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 8
  • Cooling System: Wall/Window Unit(s)
  • Exterior Finish: Covered Patio, Level
  • Roof Type: Composition
  • Heating Fuels: Electric (Heating)
  • Additional Features
  • Patio

School Information

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

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1950000
  • unparsedaddress: 2706 Observation
  • postalcity: San Antonio
  • stateorprovince: TX
  • country: US
  • postalcode: 78227
  • bathroomsfull: 8
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 1.091
  • lotsizeunits: Acres
  • lotsizearea: 1.091
  • livingarea: 13295
  • 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: 1945
  • listingcontractdate: 2025-05-05
  • listagenturl: http://www.joinreal.com
  • countyorparish: Bexar
  • parcelnumber: 155130030050
  • elementaryschool: Westwood Terrace
  • highschool: John Jay
  • elementaryschooldistrict: Northside
  • middleorjuniorschooldistrict: Northside
  • highschooldistrict: Northside
  • cooling: Wall/Window Unit(s)
  • heating: Electric (Heating)
  • numberofunitstotal: 17
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 16
  • roof: Composition
  • waterfrontyn: False
  • exteriorfeatures: Covered Patio, Level
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
  • 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/2706-Observation-Dr-Apt-1_San-Antonio_TX_78227_M80109-66299?f=listhub&s=SABORTX&m=1864075&c=rexren", "MLSModificationTimestamp":"2025-05-06T00:59:13Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"One Story", "RawPropertyType":"Multi-Family (2-8 Units)", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":23970.19, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/8/2025 3:10:24 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.