TX > San Antonio > Lackland Terrace
San Antonio, TX 78227,2523 Observation
San Antonio, TX 78227,2523 Observation
San Antonio, TX 78227,2523 Observation
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Les Mauck

Les Mauck

+1(210) 872-0579
$280,000
Est. payment /mo
6 Beds
2 Baths
2,798 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family (2-8 Units)

Listing Status Active

Purchase Type For Sale

Square Footage 2,798 sqft

Price per Sqft $100

Subdivision Lackland Terrace

MLS Listing ID 1862242

Style One Story

Bedrooms 6

Full Baths 2

Year Built 1943

Annual Tax Amount $3,399

Lot Size 9,801 Sqft

Property Sub-Type Multi-Family (2-8 Units)

Property Description

This fully renovated duplex offers a prime turnkey investment opportunity in a high-demand rental market, located near Lackland Air Force Base and SeaWorld San Antonio. The property underwent a comprehensive down-to-the-studs rehab in 2023, including a new foundation, new roof, updated PEX plumbing and drain lines, new electrical systems, and new drywall. Every unit features new windows, doors, and modern finishes, offering tenants a high-quality living space with minimal maintenance required. The duplex is currently fully occupied, providing immediate and stable cash flow. Each unit is separately metered for utilities, with tenants responsible for their own utility costs, offering an efficient, low-maintenance ownership structure. Zoned R-6, the property benefits from flexible residential zoning, ensuring long-term value appreciation. Located in a desirable rental corridor with proximity to major employers such as Lackland AFB and SeaWorld, the asset boasts strong tenant demand, ensuring consistent occupancy. With all major systems updated and a fully rehabbed structure, this property is an ideal acquisition for investors seeking reliable cash flow and long-term asset growth.

Location

State TX

County Bexar

Area 0700

Zoning R-6

Interior

Heating Central

Cooling Unit Central

Flooring Laminate

Exterior

Exterior Feature Siding

Garage Spaces 4.0

Roof Type Composition

Building

Sewer City

Water City

Schools

Elementary Schools Westwood Terrace

Middle Schools Jones

High Schools John Jay

School District Northside

Others

Acceptable Financing Conventional, Cash, Investors OK

Listing Terms Conventional, Cash, Investors OK

Read Less Info
Listed by Dominique Jimenez • Real Broker, LLC • (210) 800-5525

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2523 Observation

agent-avatar

Driven by his passion for real estate, Les has made a name for himself as an agent in the greater San Antonio area. This rewarding journey into real estate has afforded Les the opportunity to work with amazing buyers, sellers and investors in the community.

 

Thanks to his prior service, Les understands the needs of today’s military buyers and sellers, especially when it comes to relocation. Whether you are PCSing, moving, exiting/separating from the military or in the market for a second home, Les’ life experience and real estate prowess are designed with you in mind.

 

In addition to being a consummate real estate professional, Les is a proud husband, father, and grandfather who takes pride in helping clients find the homes they want.

+1(210) 872-0579

lesmauck@gmail.com

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