2527 Observation
San Antonio, TX 78227
- – beds
- – baths
- 1,965 sqft
- 9,714 sqft lot
- $183 per sqft
- 2022 build
- – on site
This fully renovated triplex presents a rare, turnkey investment opportunity in a high-demand rental market near Lackland Air Force Base, SeaWorld and many major employers. Renovated in 2023 with a full down-to-the-studs rehabilitation, this property offers peace of mind for investors seeking stable cash flow and long-term value. Major capital improvements include a brand-new foundation, new roof, complete PEX plumbing and new drain lines, all-new electrical systems, new drywall, energy-efficient windows, doors, and modern finishes throughout. The property is zoned R-6 and consists of three units, two of which are currently occupied, providing immediate income with room to increase future returns once fully stabilized. With all major systems updated, this asset offers a true turnkey investment with minimal immediate capital expenditures required. Ideal for investors seeking a blend of strong cash flow, future upside potential, and asset appreciation.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Apr 29, 2025
•
MLS# 1862247 —
The Building
-
Year Built:2022
-
Approx Age:3
-
Builder Name:Unknown
-
Type:One Story
-
Exterior:Siding
-
Exterior Features:Covered Patio, Level
-
Roofing:Composition
-
Total Units:3
-
Total SqFt:1965
-
SqFt Source:Appsl Dist
Interior
-
Flooring:Laminate
Location
-
Directions:Hwy 90 W to Hwy 410 N, exit 410 N to Access Road to Glider Ave and Observation Dr
The Property
-
Area:0700
-
Legal Desc-Lot:N
-
Lot Size:0.223
-
Zoning:R-6
-
Price Per SqFt:$183.20
Listing Agent
- Contact info:
- No listing contact info available
Taxes
-
Tax Property ID:155070090120
-
Total Taxes:$3,605.21
-
Taxed by Multiple Counties:No
Heating & Cooling
-
Heat:Central
-
Heating Fuel:Electric
-
Air Conditioning:Unit Central
Utilities
-
Water/Sewer:City
-
Meters:Common Water, Common Electric, Common Gas
Schools
-
Elementary School:Westwood Terrace
-
Middle School:Jones
-
High School:John Jay
-
School District:Northside
The Community
-
Subdivision:LACKLAND TERRACE
-
LACKLAND TERRACE V NSSubdivision:
-
HOA:None
Extra Units
-
Unit 1 Bedrooms:2
-
Unit 2 Includes:Washer Connection, Dryer Connection
-
Unit 1 Parking Type:Pad
-
Unit 1 Includes:Washer Connection, Dryer Connection
-
Unit 1 Handicap Access:No
-
Unit 1 # Parking Spaces:2
-
Unit 1 Full Baths:1
-
Unit 2 Bedrooms:2
-
Unit 2 Full Baths:1
-
Unit 2 Handicap Access:No
-
Unit 2 Parking Type:Pad
-
Unit 2 # Parking Spaces:2
-
Unit 3 Includes:Washer Connection, Dryer Connection
-
Unit 3 Bedrooms:2
-
Unit 3 Full Baths:1
-
Unit 3 Parking Type:Pad
-
Unit 3 Handicap Access:No
-
Unit 3 # Parking Spaces:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/29/25
Apr 29, 2025
|
Listed / Active | SABOR | $360,000 |
