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2706 Observation

San Antonio, TX 78227

– beds
– baths
13,295 sqft
~1 acre lot
$146 per sqft
1945 build
– on site

This fully vacant, turnkey 17-unit property with a dedicated laundry facility has just completed a full down-to-the-studs renovation in 2025. Upgrades include a brand-new foundation, roof, plumbing, electrical, and drywall-offering investors a modern, low-maintenance asset ready for immediate lease-up. Located minutes from Lackland Air Force Base and SeaWorld, the property sits in a high-demand rental corridor with strong tenant drivers. With no deferred maintenance and all major systems replaced, this is an ideal buy-and-hold or value-add opportunity with significant cash flow and appreciation potential.

Listing courtesy of SABOR / Real Broker, LLC

Last checked: Checking… • Last updated May 6, 2025 •

MLS# 1864075 —

The Building

Year Built:

1945
Approx Age:

80
Recent Rehab:

Yes
Builder Name:

Unknown
Type:

One Story
Exterior:

Siding
Exterior Features:

Covered Patio, Level
Roofing:

Composition
Total Units:

17
Total SqFt:

13295
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:

4
Lot Size:

1.091
Zoning:

R-6
Price Per SqFt:

$146.67

Listing Agent

Contact info:

Taxes

Tax Property ID:

155130030050
Total Taxes:

$23,970.19
Taxed by Multiple Counties:

No

Heating & Cooling

Heat:

Window Unit
Heating Fuel:

Electric
Air Conditioning:

Window/Wall

Utilities

Water/Sewer:

City
Meters:

Separate Electric, Separate Gas, Separate Water

Schools

Elementary School:

Westwood Terrace
Middle School:

Jones Anson
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:

Not Applicable
Unit 2 Includes:

Not Applicable
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:

Not Applicable
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:

Not Applicable
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:

Not Applicable
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:

Not Applicable
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:

Not Applicable
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:

Not Applicable
Unit 8 Full Baths:

1
Unit 8 Bedrooms:

2
Unit 8 Parking Type:

Pad
Unit 8 Handicap Access:

No
Unit 8 # Parking Spaces:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
5/5/25 May 5, 2025	Listed / Active	SABOR	$1,950,000

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This multifamily located in Lackland Terrace, San Antonio, TX 78227 is currently for sale for $1,950,000. 2706 Observation is a 13,295 square foot multifamily with – beds and – baths that has been on Estately for 0 days. 2706 Observation is in the Lackland Terrace neighborhood of San Antonio and has a WalkScore® of 39, making it car-dependent. This multifamily is in the attendance area of John Jay High School, Westwood Terrace Elementary School, and Jones Middle 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.