Homes for sale - 2523 Observation, San Antonio, TX 78227

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Phyllis Domingo

realtorphyllisdomingo@gmail.com +1(210) 744-5478

$ 280,000

Est. payment | -/mo

6 Beds

2 Baths

2,798 SqFt

Save

$ 280,000

Est. payment | -/mo

Save

6 Beds

2 Baths

2,798 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family (2-8 Units)

Listing Status Pending

Purchase Type For Sale

Square Footage 2,798 sqft

Price per Sqft $100

Subdivision Lackland Terrace

MLS Listing ID 1862242

Style One Story

Bedrooms 6

Full Baths 2

Year Built 1943

Annual Tax Amount $3,399

Lot Size 9,801 Sqft

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

Property Description

This fully renovated duplex offers a prime turnkey investment opportunity in a high-demand rental market, located near Lackland Air Force Base and SeaWorld San Antonio. The property underwent a comprehensive down-to-the-studs rehab in 2023, including a new foundation, new roof, updated PEX plumbing and drain lines, new electrical systems, and new drywall. Every unit features new windows, doors, and modern finishes, offering tenants a high-quality living space with minimal maintenance required. The duplex is currently fully occupied, providing immediate and stable cash flow. Each unit is separately metered for utilities, with tenants responsible for their own utility costs, offering an efficient, low-maintenance ownership structure. Zoned R-6, the property benefits from flexible residential zoning, ensuring long-term value appreciation. Located in a desirable rental corridor with proximity to major employers such as Lackland AFB and SeaWorld, the asset boasts strong tenant demand, ensuring consistent occupancy. With all major systems updated and a fully rehabbed structure, this property is an ideal acquisition for investors seeking reliable cash flow and long-term asset growth.

Location

State TX

County Bexar

Area 0700

Zoning R-6

Interior

Heating Window Unit

Cooling Window/Wall

Flooring Laminate

Exterior

Exterior Feature Siding

Garage Spaces 4.0

Roof Type Composition

Building

Sewer City

Water City

Schools

Elementary Schools Westwood Terrace

Middle Schools Jones

High Schools John Jay

School District Northside

Others

Acceptable Financing Conventional, Cash, Investors OK

Listing Terms Conventional, Cash, Investors OK

Listed by Dominique Jimenez • Real Broker, LLC • (210) 800-5525

Find out why customers are choosing LPT Realty to meet their real estate needs!!

+1(210) 744-5478

realtorphyllisdomingo@gmail.com

2523 Observation San Antonio, TX 78227