TX > San Antonio > Lackland Terrace
San Antonio, TX 78227,25311 Observation
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San Antonio, TX 78227,25311 Observation
San Antonio, TX 78227,25311 Observation
San Antonio, TX 78227,25311 Observation
San Antonio, TX 78227,25311 Observation
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Josue Mayfield

Josue Mayfield

+1(210) 875-0155
$ 840,000
Est. payment /mo
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Price Dropped by $280K

25311 Observation San Antonio, TX 78227

14 Beds

7 Baths

4,965 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family (2-8 Units)

Listing Status Active

Purchase Type For Sale

Square Footage 4,965 sqft

Price per Sqft $169

Subdivision Lackland Terrace

MLS Listing ID 1865442

Style One Story

Bedrooms 14

Full Baths 7

Year Built 1944

Annual Tax Amount $8,507

Lot Size 9,713 Sqft

Property Sub-Type Multi-Family (2-8 Units)

Property Description

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. 4/7 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.

Location

State TX

County Bexar

Area 0700

Zoning R-6

Interior

Heating Window Unit

Cooling Window/Wall

Flooring Laminate

Exterior

Exterior Feature Siding

Garage Spaces 14.0

Roof Type Composition

Building

Sewer City

Water City

Schools

Elementary Schools Westwood Terrace

Middle Schools Jones

High Schools John Jay

School District Northside

Others

Acceptable Financing Conventional, Cash, Investors OK

Listing Terms Conventional, Cash, Investors OK

Listed by Dominique Jimenez • Real Broker, LLC • (210) 800-5525
agent

Josue Mayfield

Agent | License ID: 778299

+1(210) 875-0155

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25311 Observation