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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.

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.

Key Features

  • Built in 1973
  • 0.22 acre lot

Property Details

1973

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 $3,683 based on 20% down at 6.5% interest.

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

This property is listed by Scott Malouff and can be reached at (210) 493-3030 or klrw2@kw.com.

SM

Scott Malouff

Agent at Keller Williams Heritage

(210) 493-3030

Listed by Keller Williams Heritage · View on Broker Site

MLS# 1949529· Source: listhub· Updated today

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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