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2531 Observation, 
San Antonio, TX 78227

$480,000


Bed


Bath


3,000

Sq Ft


Multi-Family

Active

Listed by

Dominique Jimenez

Real Broker, LLC.

855-450-0442

Last updated:

April 30, 2025, 01:40 PM

MLS#

1862272

Source:

SABOR

About This Home

2531 Observation

This fully renovated quadplex presents a rare turnkey investment opportunity located near Lackland Air Force Base, SeaWorld San Antonio and many major employers, ensuring strong rental demand. The property underwent a complete down-to-the-studs renovation in 2023, featuring a new foundation, new roof, updated PEX plumbing and drain lines, all-new electrical systems, new drywall, new windows, doors, and modern finishes throughout. Every major system has been replaced, offering investors a truly low-maintenance asset for years to come. This property provides immediate in-place cash flow with significant upside potential through lease-up and rental rate optimization. Zoned R-6 with modern construction standards and minimal deferred maintenance, this property is ideal for investors seeking turnkey cash flow with long-term appreciation potential. The combination of a full renovation, prime location, and partial occupancy offers a compelling value-add opportunity for both buy-and-hold and cash flow-focused investors.

Home Facts

Multi-Family

Built in 1944

Price Summary

480,000

$160 per Sq. Ft.

MLS #:

1862272

Last Updated:

April 30, 2025, 01:40 PM

Added:

5 day(s) ago


Rooms & Interior

Interior

Living Area:

3,000 Sq. Ft.


Structure

Structure

Building Area:

3,000 Sq. Ft.

Year Built:

1944


Lot

Lot Size (Sq. Ft):

9,713


Finances & Disclosures

Finances

Price:

$480,000

Price per Sq. Ft:

$160 per Sq. Ft.

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