Property Evaluation

San Antonio, TX 78227 2706 Observation

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Presented By: Dominique Jimenez with Real Broker, LLC; (210) 800-5525
  • MLS# 1864075
  • 05/05/2025
  • Request Tour
  • Request Info
  • Baths • 7
  • SQFT • 13,295

Home Details

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.
Presented By: Dominique Jimenez with Real Broker, LLC; (210) 800-5525

Interior Features for 2706 Observation

Bathrooms

U1 Half Baths0
U2 Full Baths1
U2 Half Baths

Other Interior Features

FlooringLaminate
Heating FuelElectric

General for 2706 Observation

Annual Operating Expense23970.19
Area0700
BuilderUnknown
ClassMulti-Family (2-8 Units)
CoolingWindow/Wall
Elementary SchoolWestwood Terrace
HOA MandatoryNone
HeatingWindow Unit
High SchoolJohn Jay
Legal DescriptionNcb 15513 Blk 3 Lot 4 & 5 At 324 Observation
Middle SchoolJones Anson
Proposed TermsConventional, Cash, Investors OK
School DistrictNorthside
StatusActive
SubdivisionLACKLAND TERRACE
Taxes$23,970
TypeOne Story
U1 #Parking Spaces2
U1 Bdrm2
U1 Fulls Baths1
U1 Handicap AccessNo
U1 Park TypePad
U1 Rent1200
U2 #Parking Spaces2
U2 Bdrm2
U2 Handicap AccessNo
U2 Park TypePad
U2 Rent1100
U3 #Parking Spaces2
U3 Bdrm2
U3 Full Baths1
U3 Half Baths
U3 Handicap AccessNo
U3 Park TypePad
U3 Rent1100
U4 #Parking Spaces2
U4 Bdrm2
U4 Full Baths1
U4 Half Baths0
U4 Handicap AccessNo
U4 Park TypePad
U4 Rent1200
U5 #Parking Spaces2
U5 Bdrm2
U5 Full Baths1
U5 Half Baths0
U5 Handicap AccessNo
U5 Park TypePad
U5 Rent1100
U6 #Parking Spaces2
U6 Bdrm2
U6 Full Baths1
U6 Half Baths0
U6 Handicap AccessNo
U6 Park TypePad
U6 Rent1100
U7 #Parking Spaces2
U7 Bdrm2
U7 Full Baths1
U7 Half Baths0
U7 Handicap AccessNo
U7 Park TypePad
U7 Rent1100
U8 #Parking Spaces2
U8 Bdrm2
U8 Full Baths1
U8 Half Baths0
U8 Handicap AccessNo
U8 Park TypePad
U8 Rent1200
Year Built1945
ZoningR-6

Exterior for 2706 Observation

ExteriorSiding
Exterior FeaturesCovered Patio, Level
Lot Size1.091
METERSSeparate Electric, Separate Gas, Separate Water
RoofingComposition
Water/SewerCity

Additional Details

Price History

Schools

Middle School Jones Anson Middle School
Elementary School Westwood Terrace Elementary School
High School John Jay High School

Traci Frasier

Broker Associate | Director of Luxury and Residential Sales
Price $1,950,000
MLS#1864075
List Date 05/05/2025
Property Type Multi-Family
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Hill Country Dream Team is independently owned and operated and fully supports the principles of the Fair Housing Act and is an Equal Opportunity Employer. All listing information is from sources deemed reliable. However, no representation is made as to the accuracy or completeness thereof and should be independently verified.
Hill Country Dream Team is independently owned and operated and fully supports the principles of the Fair Housing Act and is an Equal Opportunity Employer. All listing information is from sources deemed reliable. However, no representation is made as to the accuracy or completeness thereof and should be independently verified.
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