2531 Observation, San Antonio, TX 78227

Local realty services provided by:ERA Colonial Real Estate
#1#2#3
2531 Observation,San Antonio, TX 78227
$480,000
  • - Beds
  • - Baths
  • 3,000 sq. ft.
  • Multi-family
  • Active
Listed by:dominique jimenez(210) 800-5525, dominique.sarealtor@gmail.com
Office:real broker, llc.
MLS#:1862272
Source:SABOR

Price summary

  • Price:$480,000
  • Price per sq. ft.:$160

About this home

Positive cash flow! 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

Contact an agent

contact an agent

Yes, I would like more information from ERA®. Please use and/or share my information with an ERA affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an ERA affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1944
  • Listing Id #:1862272
  • Added:113 day(s) ago
  • Updated:August 21, 2025 at 01:42 PM

Rooms and interior

  • Living area:3,000 sq. ft.

Heating and cooling

  • Cooling:Window/Wall
  • Heating:Electric

Structure and exterior

  • Roof:Composition
  • Year built:1944
  • Building area:3,000 sq. ft.
  • Lot area:0.22 Acres

Schools

  • High school:John Jay
  • Middle school:Jones
  • Elementary school:Westwood Terrace

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$480,000
  • Price per sq. ft.:$160
  • Tax amount:$4,903
MLS LogoIDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.  The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. 

New listings near 2531 Observation