2531 Observation, San Antonio, TX 78227

Local realty services provided by:Better Homes and Gardens Real Estate Winans
#1#2#3
2531 Observation,San Antonio, TX 78227
$480,000
  • - Beds
  • - Baths
  • 3,000 sq. ft.
  • Multi-family
  • Active
Listed by:dominique jimenez(210) 800-5525, dominique.sarealtor@gmail.com
Office:real broker, llc.
MLS#:1862272
Source:SABOR

Price summary

  • Price:$480,000
  • Price per sq. ft.:$160

About this home

Positive cash flow! This fully renovated quadplex presents a rare turnkey investment opportunity located near Lackland Air Force Base, SeaWorld San Antonio and many major employers, ensuring strong rental demand. The property underwent a complete down-to-the-studs renovation in 2023, featuring a new foundation, new roof, updated PEX plumbing and drain lines, all-new electrical systems, new drywall, new windows, doors, and modern finishes throughout. Every major system has been replaced, offering investors a truly low-maintenance asset for years to come. This property provides immediate in-place cash flow with significant upside potential through lease-up and rental rate optimization. Zoned R-6 with modern construction standards and minimal deferred maintenance, this property is ideal for investors seeking turnkey cash flow with long-term appreciation potential. The combination of a full renovation, prime location, and partial occupancy offers a compelling value-add opportunity for

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Home facts

  • Year built:1944
  • Listing Id #:1862272
  • Added:112 day(s) ago
  • Updated:August 20, 2025 at 03:22 PM

Rooms and interior

  • Living area:3,000 sq. ft.

Heating and cooling

  • Cooling:Window/Wall
  • Heating:Electric

Structure and exterior

  • Roof:Composition
  • Year built:1944
  • Building area:3,000 sq. ft.
  • Lot area:0.22 Acres

Schools

  • High school:John Jay
  • Middle school:Jones
  • Elementary school:Westwood Terrace

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$480,000
  • Price per sq. ft.:$160
  • Tax amount:$4,903
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