2527 OBSERVATION, SAN ANTONIO, TX 78227
Homes for sale in San Antonio.
Homes for sale in 78227.
2527 Observation
San Antonio, TX 78227
List Price$360,000
Listing #1862247
3
Number of Units
Multi-Unit Residential
Type
About This Property
Positive monthly cash flow! This fully renovated triplex presents a rare, turnkey investment opportunity in a high-demand rental market near Lackland Air Force Base, SeaWorld and many major employers. Renovated in 2023 with a full down-to-the-studs rehabilitation, this property offers peace of mind for investors seeking stable cash flow and long-term value. Major capital improvements include a brand-new foundation, new roof, complete PEX plumbing and new drain lines, all-new electrical systems, new drywall, energy-efficient windows, doors, and modern finishes throughout. The property is zoned R-6 and consists of three units, two of which are currently occupied, providing immediate income with room to increase future returns once fully stabilized. With all major systems updated, this asset offers a true turnkey investment with minimal immediate capital expenditures required. Ideal for investors seeking a blend of strong cash flow, future upside potential, and asset appreciation.
Listing Courtesy of Dominique Jimenez, Real Broker, LLC (210) 800-5525
Property Features
Location Information
County
Bexar
Subdivision
LACKLAND TERRACE
MLS Area
0700
Interior Features
Heating
Window Unit
Unit 2 Features
Bedrooms: 2, FullBaths: 1, HalfBaths: 0
Heating Fuel
Electric
Unit 3 Features
Bedrooms: 2, FullBaths: 1, HalfBaths: 0
Cooling
Window/Wall
Unit 4 Features
Bedrooms: , FullBaths: , HalfBaths:
Floors
Laminate
Total Number of Units
3
Unit 1 Features
Bedrooms: 2, FullBaths: 1, HalfBaths: 0
Exterior Features
Exterior
Covered Patio, Level
Water / Sewer
City
Siding
Siding
Lot Size
0.223
Builder
Unknown
Zoning
R-6
Roof
Composition
School
School District
Northside
Jr. High School
Jones
Elementary School
Westwood Terrace
High School
John Jay
Additional Information
Property Type
RI
Status
Active
Year Built
2022
None
Gross Annual Income
30,000
Similar Listings
Mortgage Calculator
$1,681
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,297
Monthly Tax
$300
Monthly Insurance
$84
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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