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2807 Observation
San Antonio TX 78227 US

$850,000

Active Listing ID 1949529
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Lot: 0.22 Acres
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Other

$850,000

Active Listing ID 1949529
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2807 Observation 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.

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Property Features

  • Facts
  • Lot Size: 0.22 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other

School Information

  • School
  • Westwood Terrace(Elementary)
  • Jones(MiddleSchool)
  • John Jay(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 850000
  • unparsedaddress: 2807 Observation
  • postalcity: San Antonio
  • stateorprovince: TX
  • country: US
  • postalcode: 78227
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.223
  • lotsizeunits: Acres
  • lotsizearea: 0.223
  • livingarea: 5800
  • livingareaunits: Square Feet
  • latitude: 29.401185
  • longitude: -98.647243
  • listagentfullname: Scott Malouff
  • listagentemail: klrw2@kw.com
  • listagentkey: 3yd-SABORTX-658231
  • listagentmlsid: 658231
  • listagentpreferredphone: (210) 493-3030
  • listagentofficephone: 2104933030
  • listofficekey: 3yd-SABORTX-KLWM00
  • listofficemlsid: KLWM00
  • disclaimer: 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.
  • sourcesystemid: SABORTX
  • yearbuilt: 1973
  • listagenturl: http://www.kwsanantonio.com
  • countyorparish: Bexar
  • elementaryschool: Westwood Terrace
  • highschool: John Jay
  • elementaryschooldistrict: Northside
  • middleorjuniorschooldistrict: Northside
  • highschooldistrict: Northside
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -98.64724, 29.401184
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams Heritage", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"klrw2@kw.com", "ListBrokerageCity":"San Antonio", "ListBrokerageCountry":"US", "ListBrokerageEmail":"klrw2@kw.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/SABORTX/c5ababf022992e73012299504cca0020/20150720204748808.png", "ListBrokerageName":"Keller Williams Heritage", "ListBrokeragePhone":"(210) 493-3030", "ListBrokeragePostalCode":"78232", "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1717 N Loop 1604 E", "ListBrokerageWebsiteUrl":"http://www.kwsanantonio.com", "ListOfficeAddress1":"1717 N. Loop 1604 E ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"KLWM00", "ListOfficeCity":"San Antonio", "ListOfficeCountry":"USA", "ListOfficeEmail":"gbrandt@mykwsa.com", "ListOfficePostalCode":"78232", "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - San Antonio, TX", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/2807-Observation-Dr_San-Antonio_TX_78227_M98289-83282?f=listhub&s=SABORTX&m=1949529&c=rexren", "MLSModificationTimestamp":"2026-03-17 17:47:12", "Neighborhoods":[{"Description":null, "Name":"0700"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":7288, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/18/2026 5:58:50 PM GMT
Source Updated Date: 3/24/2026 6:57:28 PM GMT

Courtesy of: Scott Malouff, Keller Williams Heritage, klrw2@kw.com

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.