#1862242, 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
(New)
Summary
- Flooring Type: Laminate
- Parking: Pad, Pad, Pad
- Exterior: Covered Patio, Level
- Heating: Central, Electric
- Cooling: Central Air
- 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: 5/1/2025, 12:20:49 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. Typical income of San Antonio, TX residents is less than $<35k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
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 March 2025, from all listings sold in San Antonio, TX there were more than 181 sold above asking price, over 646 sold below and more than 289 were sold right at the asked price. The number of listings in San Antonio, TX increased by 14.1% between February and March 2025. In March 2025, listings were on the market for 85 days. During the same period, the median list price in this real estate market was $297,207.