2807 Observation, San Antonio, TX 78227

San Antonio
Local realty services provided by:Better Homes and Gardens Real Estate Winans
2807 Observation,San Antonio, TX 78227
$750,000
  • - Beds
  • - Baths
  • 5,800 sq. ft.
  • Multi-family
  • Active
Listed by: scott malouff
Office: keller williams heritage
MLS#:1949529
Source:LERA

Price summary

  • Price:$750,000
  • Price per sq. ft.:$129.31

About this home

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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Home facts

  • Year built:1980
  • Subdivision & Development:NOT IN DEFINED SUBDIVISION
  • Listing ID #:1949529
  • Added:230 day(s) ago
  • Updated:November 03, 2026 at 12:36 PM

Rooms and interior

  • Flooring:Vinyl
  • Living area:5,800 sq. ft.

Heating and cooling

  • Cooling:Unit Central
  • Heating:Natural Gas

Structure and exterior

  • Roof:Composition
  • Year built:1980
  • Building area:5,800 sq. ft.
  • Lot area:0.22 Acres
  • Construction Materials:Siding
  • Exterior Features:Cable TV Available, Mature Trees
  • Foundation Description:Slab

Schools

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

Finances and disclosures

  • Price:$750,000
  • Price per sq. ft.:$129.31
  • Tax amount:$7,288
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