Price Reduced Listing
$750,000
 $4,026 est/mo Sourced by Back At You

2807 Observation,San Antonio, TX 78227

San Antonio, TX 78227

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Description

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.

Details

MLS #1949529
Listing TypeFor Sale
StatusPrice Change
Year1980
Days On Site238
Listing Provided ByKeller Williams Heritage | Scott Malouff

Features

SQ Feet5,800
Units8
ZoningR-6
Acreage0.22

Interior

Heating FuelNatural Gas

Exterior

ExteriorSiding
Exterior FeaturesMature Trees, Cable TV Available
FoundationSlab

Taxes

Tax Property Id155090070020
Taxed By Mltpl CountiesNo
Total Tax7288.13

Area Information

StateTX
CountyBexar
CitySan Antonio
Zip Code78227
AreaBexar
Community NameNOT IN DEFINED SUBDIVISION
School DistrictNorthside
Elementary SchoolWestwood Terrace
High SchoolJohn Jay
Listing VS Median (in NOT IN DEFINED SUBDIVISION)
Price:
$750,000
low | high
Med:
$329,500
100% of Average
sqft:
5,800
low | high
Med:
1,560
100% of Average
$ / sqft:
$129
low | high
Med:
$212
14.333064814815% of Average
On site:
238
low | high
Med:
44
100% of Average
Sourced by Back At You

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Learn More About This Property

StateTX
CountyBexar
CitySan Antonio
Zip Code78227
AreaBexar
Community NameNOT IN DEFINED SUBDIVISION
School DistrictNorthside
Elementary SchoolWestwood Terrace
High SchoolJohn Jay
Listing VS Median (in NOT IN DEFINED SUBDIVISION)
Price:
$750,000
low | high
Med:
$329,500
100% of Average
sqft:
5,800
low | high
Med:
1,560
100% of Average
$ / sqft:
$129
low | high
Med:
$212
14.333064814815% of Average
On site:
238
low | high
Med:
44
100% of Average
Sourced by Back At You
Listing Updated: November 9, 2026 at 4:02:28 PM PST
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