$360,000

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
HeatingCentral, Electric
StatusActive
(New)
CoolingCentral Air
Size1,965 sqft
Lot size0.223 Acres
Year built2022
ParkingPad, Pad, Pad
MLS #1862247

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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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: 5/1/2025, 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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view of ranch-style house

$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.

All data from GreatSchools

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.

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 SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • BurlingtonBurlington
  • Big LotsBig Lots
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • PopeyesPopeyes
  • Golden CorralGolden Corral

What do the neighbors drive?

  • ChevroletChevrolet
  • DodgeDodge
  • KiaKia

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult 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 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.

From Rocket Homes Real Estate and based on county public records data.

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