2807 Observation, San Antonio, TX 78227
2807 Observation, San Antonio, TX 78227
2807 Observation, San Antonio, TX 78227
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$750,000
Est. payment /mo
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16 Beds
8 Baths
5,800 SqFt
Price Dropped by $100K

2807 Observation San Antonio, TX 78227

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Key Details

Property Type Multi-Family

Sub Type Multi-Family (2-8 Units)

Listing Status Active

Purchase Type For Sale

Square Footage 5,800 sqft

Price per Sqft $129

Subdivision Not In Defined Subdivision

MLS Listing ID 1949529

Style Two Story

Bedrooms 16

Full Baths 8

Year Built 1980

Annual Tax Amount $7,288

Lot Size 9,713 Sqft

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

Property 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.

Location

State TX

County Bexar

Area 0700

Zoning R-6

Interior

Heating Central

Cooling Unit Central

Flooring Vinyl

Exterior

Exterior Feature Siding

Garage Spaces 8.0

Roof Type Composition

Building

Foundation Slab

Schools

Elementary Schools Westwood Terrace

Middle Schools Jones

High Schools John Jay

School District Northside

Others

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash


LERA MLS - Local Expertise Regional Access /  SABOR
Listed by Scott Malouff • Keller Williams Heritage • (210) 365-6192

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Jennah Pignataro

Jennah Pignataro

Agent License ID: 819260

+1(304) 380-4469

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2807 Observation