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(210) 201-7040
Real Estate Company
2807 Observation, San Antonio, TX 78227
- $750,000
- 5,800
- SqFt
- List Price
- $750,000
- Price Change
- ▼ $100,000 1793673681
- MLS#
- 1949529
- Status
- PRICE CHANGE
- Number of Units
- 8
- County
- Bexar
- City
- San Antonio
- Subdivision
- Other
- Living Area
- 5,800
- Acres
- 0.22
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.
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Additional Information
- Days on Market
- 230
- Year Built
- 1980
- Builder Name
- Unknown
- Cooling
- Unit Central
- Heating
- Central
- Exterior Features
- Mature Trees, Cable TV Available
- Exterior
- Siding
- Roof
- Composition
- Floor
- Vinyl
- School District
- Northside
- Elementary School
- Westwood Terrace
- Middle School
- Jones
- High School
- John Jay
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Listing courtesy of Listing Agent: Scott Malouff (scottmalouff@gmail.com) from Listing Office: Keller Williams Heritage.
IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. 
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