# 2807 Observation, San Antonio, TX 78227

> **TL;DR:** residential multi family, $850,000 ($147/sqft), built 1973, 5,800 sqft. Est. $3,683/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 | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,683 |
| **Total** | **$3,683** |

## 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
- **Phone:** (210) 493-3030
- **Email:** klrw2@kw.com

## Primary Photo

![2807 Observation - Primary Photo](http://lh.rdcpix.com/fc1edab82c2d0b7b84272ebec7f1e6fel-f1475950697r.jpg)

*28 total photos available on [listing page](https://www.propertysimple.com/listing/2807-observation-san-antonio-tx-78227-1949529)*

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**MLS#:** 1949529 | **Updated:** 2026-06-17
**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.com/listing/2807-observation-san-antonio-tx-78227-1949529)

---

## Structured Data

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