2523 Observation, San Antonio, TX 78227
Local realty services provided by:Better Homes and Gardens Real Estate Winans



2523 Observation,San Antonio, TX 78227
$280,000
- - Beds
- - Baths
- 2,798 sq. ft.
- Multi-family
- Active
Listed by:dominique jimenez(210) 800-5525, dominique.sarealtor@gmail.com
Office:real broker, llc.
MLS#:1862242
Source:SABOR
Price summary
- Price:$280,000
- Price per sq. ft.:$100.07
About this home
This fully renovated duplex offers a prime turnkey investment opportunity in a high-demand rental market, located near Lackland Air Force Base and SeaWorld San Antonio. The property underwent a comprehensive down-to-the-studs rehab in 2023, including a new foundation, new roof, updated PEX plumbing and drain lines, new electrical systems, and new drywall. Every unit features new windows, doors, and modern finishes, offering tenants a high-quality living space with minimal maintenance required. The duplex is currently fully occupied, providing immediate and stable cash flow. Each unit is separately metered for utilities, with tenants responsible for their own utility costs, offering an efficient, low-maintenance ownership structure. Zoned R-6, the property benefits from flexible residential zoning, ensuring long-term value appreciation. Located in a desirable rental corridor with proximity to major employers such as Lackland AFB and SeaWorld, the asset boasts strong tenant demand, ensuring consistent occupancy. With all major systems updated and a fully rehabbed structure, this property is an ideal acquisition for investors seeking reliable cash flow and long-term asset growth.
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Home facts
- Year built:1943
- Listing Id #:1862242
- Added:112 day(s) ago
- Updated:August 20, 2025 at 03:22 PM
Rooms and interior
- Living area:2,798 sq. ft.
Heating and cooling
- Cooling:Window/Wall
- Heating:Electric
Structure and exterior
- Roof:Composition
- Year built:1943
- Building area:2,798 sq. ft.
- Lot area:0.23 Acres
Schools
- High school:John Jay
- Middle school:Jones
- Elementary school:Westwood Terrace
Utilities
- Water:City
- Sewer:City
Finances and disclosures
- Price:$280,000
- Price per sq. ft.:$100.07
- Tax amount:$3,399
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