# 2807 Observation, San Antonio, TX 78227 > **TL;DR:** residential multi family, $850,000 ($147/sqft), built 1973, 5,800 sqft. Est. $4,546/mo. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $850,000 | | Price/sqft | $147 | | Square Feet | 5,800 | | Year Built | 1973 | | Lot Size | 9,714 sqft (0.22 acres) | | Property Type | Residential Multi Family (Other) | | Status | Active | | Days on Market | 0 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $4,298 | | Estimated Insurance | $248 | | **Total** | **$4,546** | ## Nearby Schools - **Elementary:** Westwood Terrace - **Middle:** Jones - **High:** John Jay ## Property Highlights - Built in 1973 - 0.22 acre lot ## Description ### Agent 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. ## Location - **Address:** 2807 Observation, San Antonio, TX 78227 - **County:** Bexar - **Coordinates:** 29.401185, -98.647243 - **Google Maps:** https://www.google.com/maps?q=29.401185,-98.647243 ## Listing Agent - **Name:** Scott Malouff - **Brokerage:** Keller Williams Heritage - **Broker Phone:** (210) 493-3030 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/2807-Observation-Dr_San-Antonio_TX_78227_M98289-83282?f=listhub&s=SABORTX&m=1949529&c=propsimple) ## Photos ![2807 Observation - Photo 1](http://lh.rdcpix.com/fc1edab82c2d0b7b84272ebec7f1e6fel-f1475950697r.jpg) ![2807 Observation - Photo 2](http://lh.rdcpix.com/fc1edab82c2d0b7b84272ebec7f1e6fel-f2393658497r.jpg) ![2807 Observation - Photo 3](http://lh.rdcpix.com/fc1edab82c2d0b7b84272ebec7f1e6fel-f166256220r.jpg) ![2807 Observation - Photo 4](http://lh.rdcpix.com/fc1edab82c2d0b7b84272ebec7f1e6fel-f3039286956r.jpg) ![2807 Observation - Photo 5](http://lh.rdcpix.com/fc1edab82c2d0b7b84272ebec7f1e6fel-f1728125439r.jpg) ![2807 Observation - Photo 6](http://lh.rdcpix.com/fc1edab82c2d0b7b84272ebec7f1e6fel-f1936739072r.jpg) ![2807 Observation - Photo 7](http://lh.rdcpix.com/fc1edab82c2d0b7b84272ebec7f1e6fel-f3411696878r.jpg) ![2807 Observation - Photo 8](http://lh.rdcpix.com/fc1edab82c2d0b7b84272ebec7f1e6fel-f867961192r.jpg) ![2807 Observation - Photo 9](http://lh.rdcpix.com/fc1edab82c2d0b7b84272ebec7f1e6fel-f1172925508r.jpg) ![2807 Observation - Photo 10](http://lh.rdcpix.com/fc1edab82c2d0b7b84272ebec7f1e6fel-f4111692441r.jpg) ![2807 Observation - Photo 11](http://lh.rdcpix.com/fc1edab82c2d0b7b84272ebec7f1e6fel-f3334206327r.jpg) ![2807 Observation - Photo 12](http://lh.rdcpix.com/fc1edab82c2d0b7b84272ebec7f1e6fel-f3493317692r.jpg) ![2807 Observation - Photo 13](http://lh.rdcpix.com/fc1edab82c2d0b7b84272ebec7f1e6fel-f3631319121r.jpg) ![2807 Observation - Photo 14](http://lh.rdcpix.com/fc1edab82c2d0b7b84272ebec7f1e6fel-f2703347540r.jpg) ![2807 Observation - Photo 15](http://lh.rdcpix.com/fc1edab82c2d0b7b84272ebec7f1e6fel-f1898162148r.jpg) ![2807 Observation - Photo 16](http://lh.rdcpix.com/fc1edab82c2d0b7b84272ebec7f1e6fel-f2040478594r.jpg) ![2807 Observation - Photo 17](http://lh.rdcpix.com/fc1edab82c2d0b7b84272ebec7f1e6fel-f3854507486r.jpg) ![2807 Observation - Photo 18](http://lh.rdcpix.com/fc1edab82c2d0b7b84272ebec7f1e6fel-f552443674r.jpg) ![2807 Observation - Photo 19](http://lh.rdcpix.com/fc1edab82c2d0b7b84272ebec7f1e6fel-f1851252491r.jpg) ![2807 Observation - Photo 20](http://lh.rdcpix.com/fc1edab82c2d0b7b84272ebec7f1e6fel-f2306052879r.jpg) ![2807 Observation - Photo 21](http://lh.rdcpix.com/fc1edab82c2d0b7b84272ebec7f1e6fel-f2666436705r.jpg) ![2807 Observation - Photo 22](http://lh.rdcpix.com/fc1edab82c2d0b7b84272ebec7f1e6fel-f1627539137r.jpg) ![2807 Observation - Photo 23](http://lh.rdcpix.com/fc1edab82c2d0b7b84272ebec7f1e6fel-f1003759926r.jpg) ![2807 Observation - Photo 24](http://lh.rdcpix.com/fc1edab82c2d0b7b84272ebec7f1e6fel-f860718269r.jpg) ![2807 Observation - Photo 25](http://lh.rdcpix.com/fc1edab82c2d0b7b84272ebec7f1e6fel-f3291772278r.jpg) ![2807 Observation - Photo 26](http://lh.rdcpix.com/fc1edab82c2d0b7b84272ebec7f1e6fel-f2203093211r.jpg) ![2807 Observation - Photo 27](http://lh.rdcpix.com/fc1edab82c2d0b7b84272ebec7f1e6fel-f1641988715r.jpg) ![2807 Observation - Photo 28](http://lh.rdcpix.com/fc1edab82c2d0b7b84272ebec7f1e6fel-f4284407260r.jpg) --- **MLS#:** 1949529 | **Updated:** 2026-10-20 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/2807-observation-san-antonio-tx-78227-1304a8bd1cac43d1a4baf5c4e390b1f9) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/2807-observation-san-antonio-tx-78227-1304a8bd1cac43d1a4baf5c4e390b1f9#listing", "url": "https://www.propertysimple.ai/listing/2807-observation-san-antonio-tx-78227-1304a8bd1cac43d1a4baf5c4e390b1f9", "name": "2807 Observation, San Antonio, TX 78227", "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. 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