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$ 750,000
Est. payment /mo
Price Dropped by $100K
2807 Observation San Antonio, TX 78227
16 Beds
8 Baths
5,800 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family (2-8 Units)
Listing Status Active
Purchase Type For Sale
Square Footage 5,800 sqft
Price per Sqft $129
Subdivision Not In Defined Subdivision
MLS Listing ID 1949529
Style Two Story
Bedrooms 16
Full Baths 8
Year Built 1980
Annual Tax Amount $7,288
Lot Size 9,713 Sqft
Property Sub-Type Multi-Family (2-8 Units)
Property Description
Fully renovated 8-unit apartment building in San Antonio's Lackland AFB corridor, one of the city's strongest workforce housing submarkets. All units are 2 bed / 1 bath. As of the Oct 16, 2026 rent roll, 7 of 8 units are leased at $850 to $1,000 per month, with one unit vacant and ready to lease. Market rents are about $1,200, giving real upside as leases renew. The 2023-2024 renovation was comprehensive: roof, HVAC, windows, plumbing, electrical, LVP flooring, kitchens, bathrooms, appliances, cabinetry, drywall, paint inside and out, doors, hardware and lighting. Separate electric meters. Zero deferred maintenance.
Location
State TX
County Bexar
Area 0700
Zoning R-6
Interior
Heating Central
Cooling Unit Central
Flooring Vinyl
Exterior
Exterior Feature Siding
Garage Spaces 8.0
Roof Type Composition
Building
Foundation Slab
Schools
Elementary Schools Westwood Terrace
Middle Schools Jones
High Schools John Jay
School District Northside
Others
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Listed by Scott Malouff • Keller Williams Heritage • (210) 365-6192
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