For Sale
Price CutPrice Drop: $100K (11/02)
Multi family home for sale at 2807 Observation, San Antonio, TX 78227 | MLS# 1949529 | Listing updated on 2026-11-03
Photo 1 of Multi family home for sale at 2807 Observation, San Antonio, TX 78227 | MLS# 1949529 | Listing updated on 2026-11-03
Photo 2 of Multi family home for sale at 2807 Observation, San Antonio, TX 78227 | MLS# 1949529 | Listing updated on 2026-11-03
Photo 3 of Multi family home for sale at 2807 Observation, San Antonio, TX 78227 | MLS# 1949529 | Listing updated on 2026-11-03
Photo 4 of Multi family home for sale at 2807 Observation, San Antonio, TX 78227 | MLS# 1949529 | Listing updated on 2026-11-03
24+
Beds Icon

Street View

$750,000

Monthly Est:$3,733

  • Beds Icon16 Beds
  • Beds Icon
    8 Baths
  • Beds Icon5,800sqft

2807 Observation, San Antonio, TX 78227

$3,733/moEst:

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  • Multi Family

  • Built in 1980

  • $-- HOA

  • 9,713.88 sqft lot

  • $129/sq.ft

Description

Fully renovated 8-unit apartment building in San Antonio's Lackland AFB corridor, one of the city's strongest workforce housing submarkets. All units are 2 bed / 1 bath. As of the Oct 16, 2026 rent roll, 7 of 8 units are leased at $850 to $1,000 per month, with one unit vacant and ready to lease. Market rents are about $1,200, giving real upside as leases renew. The 2023-2024 renovation was comprehensive: roof, HVAC, windows, plumbing, electrical, LVP flooring, kitchens, bathrooms, appliances, cabinetry, drywall, paint inside and out, doors, hardware and lighting. Separate electric meters. Zero deferred maintenance.

  • Houzeo last checked: 12 hours ago
  • Listing updated: November 3, 2026 at 1:35 am
  • Listing Provided by: Scott Malouff | Keller Williams Heritage (210) 493-3030
  • Source: LERA MLS-TX | MLS#: 1949529 LERA MLS-TX

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Bexar County

  • City

    San Antonio

  • Neighborhood

    --

  • Year Built

    1980

  • HOA Fees

    -

  • Finished Area

    5,800 sqft

  • Lot Size

    9,713.88 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    LERA MLS

  • MLS Number

    1949529

  • MLS Status

    PCH

  • Days on Market

    230

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 16

    Bathrooms: 8

Other Features

  • Subdivision Name

    Not In Defined Subdivision

Price History

DateEventPrice

11/02/2026

Source: mls_logoLERA MLS-TX #1949529

Price Decreased

$750,000 -11.76%

$129/sqft

03/17/2026

Source: mls_logoLERA MLS-TX #1949529

Listed for Sale

$850,000

$147/sqft

Nearby Homes

Based on information from the San Antonio Board of REALTORS® MLS through Nov 02, 2026, 02:15PM. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed. © 2026 San Antonio Board of REALTORS - All Rights Reserved.

Advertising Broker: David Montalvo | CapTex Realty

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