Backup offers
$3,325 Closing Credit¹
#1862242, Dominique Jimenez, Listing Office: Real Broker, LLC
#1862247·
Listing office: Real Broker, LLC·
Listing agent: Dominique Jimenez·
Listing office phone: (210) 800-5525
$360,000 List price
2527 Observation San Antonio, TX 78227
$4,275
Closing credit¹
1,965 sqft
0.2 acres
$183 / sqft
Multi-Family
Property details
About 2527 Observation
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.
Highlights
Home typeMulti Family
HeatingOther, Electric
StatusActive
CoolingWall/Window Unit(s)
Size1,965 sqft
Lot size0.223 Acres
Year built2022
ParkingPad, Pad, Pad
MLS #1862247
Summary
- Appliances: Oven, Stove, Refrigerator
- Flooring Type: Laminate
- Parking: Pad, Pad, Pad
- Exterior: Covered Patio, Level
- Heating: Other, Electric
- Cooling: Wall/Window Unit(s)
- List Price: $360,000
- Price/SqFt: $183
- Directions: Hwy 90 W to Hwy 410 N, exit 410 N to Access Road to Glider Ave and Observation Dr
- Year Built: 2022
- Living Area: 1,965 SqFt
- Lot Size: 0.223 Acres
- MLS Number: 1862247
- Office Name: Real Broker, LLC
- Office Phone: (210) 800-5525
- Office Email: dominique.sarealtor@gmail.com
- Listing Agent: Dominique Jimenez
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the San Antonio Board of Realtors. Real estate listings held by brokerage firms are indicated by detailed information about them such as the name of the listing firms. © 2025 San Antonio Board of Realtors®. All Rights Reserved.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Properties subject to prior sale, change, withdrawal or rental. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals.
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Last updated on: 5/22/2025, 5:20:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$360,000
2527 Observation
$4,275
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
3
Westwood Terrace Elementary School
Public District PK-5
0.5 mi
•2315 Hackamore Ln
5
Harmony School of Excellence - San Antonio
Public Charter PK-5
0.5 mi
•2015 SW Loop 410
3
John Glenn Elementary School
Public District EE-5
0.7 mi
•2385 Horal St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $34,881. The most common annual income of people living in San Antonio, TX is less than $<35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
50%
<35k
50%
35k-100k
0%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
33%
Single, No Kids
22%
Single, with Kids
18%
Married, No Kids
27%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
12%
12-17 yrs old
26%
18-34 yrs old
32%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
NHRA Drag Racing
Where do the neighbors shop?
Burlington
Big Lots
Family Dollar
Where do the neighbors go to eat?
Church's Chicken
Popeyes
Golden Corral
What do the neighbors drive?
Chevrolet
Dodge
Kia
What do the neighbors listen to?
Urban Adult Contemporary- Urban Contemporary
Adult Standards
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 2527 Observation in San Antonio, TX and zip code 78227 in the Lackland Terrace neighborhood. This 1,965 square foot home, which was built in 2022, sits on a 0.22 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 29, 2025 and is currently priced at $360,000.
In April 2025, from all listings sold in San Antonio, TX there were more than 176 sold above asking price, over 712 sold below and more than 362 were sold right at the asked price. The inventory of homes for sale in San Antonio, TX between March and April 2025 increased by 11.4%. The median list price of listings available in April 2025 was $296,892, while the average time on the real estate market was 79 days.
From Rocket Homes Real Estate and based on county public records data.