25311 OBSERVATION, SAN ANTONIO, TX 78227
Homes for sale in San Antonio.
Homes for sale in 78227.
25311 Observation
San Antonio, TX 78227
List Price$840,000
Listing #1865442
7
Number of Units
Multi-Unit Residential
Type
About This Property
Rare opportunity to acquire a fully renovated 7-unit portfolio-comprised of a triplex and quadplex-located at 2527 and 2531 Observation Dr, just minutes from Lackland AFB, SeaWorld, and major employers. Both properties were taken down to the studs and fully rebuilt in 2023 with new foundations, roofs, PEX plumbing, electrical systems, windows, doors, drywall, and modern finishes. 5/7 units are currently occupied, offering immediate cash flow with upside through full lease-up and rent increases. Both properties are master-metered. Zoned R-6 and located in a high-demand rental area, this low-maintenance portfolio is ideal for investors seeking strong returns and long-term 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: 2, FullBaths: 1, HalfBaths: 0
Floors
Laminate
Total Number of Units
7
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
1944
None
Gross Annual Income
63,000
Similar Listings
Mortgage Calculator
$3,922
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$3,026
Monthly Tax
$700
Monthly Insurance
$196
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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