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25311 Observation

San Antonio, TX 78227

– beds
– baths
7,763 sqft
9,714 sqft lot
$144 per sqft
1944 build
– on site

Rare opportunity to acquire a fully renovated 9-unit portfolio-comprised of a duplex, triplex, and quadplex-located at 2523, 2527, and 2531 Observation Dr, just minutes from Lackland AFB, SeaWorld, and major employers. All three properties were taken down to the studs and fully rebuilt in 2023 with new foundations, roofs, PEX plumbing, electrical systems, windows, doors, drywall, and modern finishes. Six of nine units are currently occupied, offering immediate cash flow with upside through full lease-up and rent increases. The duplex at 2523 Observation is separately metered; the triplex and quadplex are master-metered. Zoned R-6 and located in a high-demand rental area, this low-maintenance portfolio is ideal for investors seeking strong returns and long-term appreciation.

Listing courtesy of SABOR / Real Broker, LLC

Last checked: Checking… • Last updated May 9, 2025 •

MLS# 1865442 —

The Building

Year Built:

1944
Approx Age:

81
Recent Rehab:

Yes
Builder Name:

Unknown
Type:

One Story
Exterior:

Siding
Exterior Features:

Covered Patio, Level
Roofing:

Composition
Total Units:

9
Total SqFt:

7763
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:

S
Lot Size:

0.223
Zoning:

R-6
Price Per SqFt:

$144.27

Listing Agent

Contact info:

Taxes

Tax Property ID:

155070090110
Total Taxes:

$11,907
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 NS

Subdivision:
HOA:

None

Extra Units

Unit 1 Full Baths:

1
Unit 1 # Parking Spaces:

2
Unit 1 Handicap Access:

No
Unit 1 Includes:

Oven/Stove, Refrigerator, Washer Connection, Dryer Connection
Unit 2 Includes:

Oven/Stove, Refrigerator, Washer Connection, Dryer Connection
Unit 1 Parking Type:

Pad
Unit 1 Bedrooms:

2
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:

Oven/Stove, Refrigerator, 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
Unit 4 Includes:

Washer Connection, Dryer Connection
Unit 4 Bedrooms:

2
Unit 4 Full Baths:

1
Unit 4 Parking Type:

Pad
Unit 4 # Parking Spaces:

2
Unit 4 Handicap Access:

No
Unit 5 Includes:

Washer Connection, Dryer Connection
Unit 5 Bedrooms:

2
Unit 5 Full Baths:

1
Unit 5 Parking Type:

Pad
Unit 5 Handicap Access:

No
Unit 5 # of Parking Spaces:

2
Unit 6 Includes:

Washer Connection, Dryer Connection
Unit 6 Bedrooms:

2
Unit 6 Full Baths:

1
Unit 6 Parking Type:

Pad
Unit 6 Handicap Access:

No
Unit 6 # Parking Spaces:

2
Unit 7 Includes:

Washer Connection, Dryer Connection
Unit 7 Bedrooms:

2
Unit 7 Full Baths:

1
Unit 7 Parking Type:

Pad
Unit 7 Handicap Access:

No
Unit 7 # Parking Spaces:

2
Unit 8 Includes:

Washer Connection, Dryer Connection
Unit 8 Full Baths:

1
Unit 8 Bedrooms:

3
Unit 8 Parking Type:

Pad
Unit 8 Handicap Access:

No
Unit 8 # Parking Spaces:

2

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Sale history

Date	Event	Source	Price	% Change
5/9/25 May 9, 2025	Listed / Active	SABOR	$1,120,000

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This multifamily located in Lackland Terrace, San Antonio, TX 78227 is currently for sale for $1,120,000. 25311 Observation is a 7,763 square foot multifamily with – beds and – baths that has been on Estately for 1 days. 25311 Observation is in the Lackland Terrace neighborhood of San Antonio and has a WalkScore® of 34, making it car-dependent. This multifamily is in the attendance area of John Jay High School, Jones Middle School, and Westwood Terrace Elementary School.

Listing Provided Courtesy of Real Broker, LLC

The information included in this listing is provided by SABOR exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. All information provided is deemed reliable but is not guaranteed by Estately or SABOR and should be independently verified.