#1862272, Dominique Jimenez, Listing office: Real Broker, LLC
2527 Observation San Antonio, TX 78227
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
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
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Last updated on: 6/13/2025, 6:45:27 AM 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
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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 majority of San Antonio, TX residents have income less than $<35k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
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Frequently asked questions
About 2527 Observation
The listing price of 2527 Observation property is $360,000.
The property 2527 Observation is a multi located in San Antonio, Texas, 78227.
Active Listing: 2527 Observation is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2527 Observation are: Westwood Terrace Elementary School (GreatSchools Rating 3/10), Harmony School of Excellence - San Antonio (GreatSchools Rating 5/10), John Glenn Elementary School (GreatSchools Rating 3/10), Lighthouse Charter School - B Campus (GreatSchools Rating 2/10), Sam Rayburn Middle School (GreatSchools Rating 3/10), Anson Jones Middle School (GreatSchools Rating 3/10), John Jay High School (GreatSchools Rating 3/10), Idea Mays College Preparatory (GreatSchools Rating 7/10), Harmony Science Academy (San Antonio) (GreatSchools Rating 6/10).
The property 2527 Observation is 1,965 SqFt (source: MLS/tax record).
The year of construction for 2527 Observation is 2022.
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.
While more than 222 listings in San Antonio, TX in May 2025 were sold above asking price, there were more than 373 listings sold at asking price, and more than 744 were sold below. The number of homes for sale in San Antonio, TX increased by 11.4% between April and May 2025. In May 2025, listings were on the market for 74 days. During the same period, the median list price in this real estate market was $296,885.