About This Home

This 0-bedroom, 0-bathroom residential multi family at 2807 Observation in San Antonio, TX is listed for $850,000 ($147 per sqft). Built in 1973, the home offers 5,800 sqft of living space on a 0.22 acres lot.

Key Features

  • Built in 1973
  • 0.22 acre lot

Property Details

1973
Listing Description

Fully renovated 8 unit apartment building in the heart of San Antonio's Lackland AFB corridor one of the city's most best workforce housing submarkets. All units are two bedroom floor plans currently renting between $1,100-$1,300 per month with 7 of 8 units leased.

Cash flowing from day one. The 2024 renovation was comprehensive: Replaced: roof, HVAC, new windows, LVP flooring, bathrooms, kitchens and appliances, granite-style countertops and cabinetry, drywall, fresh paint inside and out, doors, hardware, plumbing, and lighting throughout. Zero deferred maintenance.

Monthly Cost Estimate

$4,546/mo

20% down · 6.5% · 30 years

Principal$615
Interest$3,683
Insurance$248

Estimates only. Actual payments may vary.

Location

2807 Observation

San Antonio, TX 78227

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 2807 Observation is listed at $850,000 ($147/sqft). The estimated monthly payment is $4,546 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1973, 0.22 acre lot.

This property is listed by Scott Malouff.

SM

Scott Malouff

Agent at Keller Williams Heritage

Listed by Keller Williams Heritage · Broker phone: (210) 493-3030 · View on Broker Site · Broker website

MLS# 1949529· Source: LERA MLS· 8 days on PropertySimple

Copyright © 2026 LERA MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2807 Observation, San Antonio, TX 78227

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