A fantastic rental opportunity. Each unit has 3 bedrooms, 1 bathroom. They are set up on separate electric meters. Both are mirrored floor plans and that plan is laid out very well. You have a large living kitchen combination. Split bedroom plan with 2 bedrooms on side the other featuring bedroom number 3 the utility closet and a full bathroom. Vinyl plank flooring throughout both units. If you're a seasoned investor/landlord or looking for your first opportunity to start building a rental property portfolio, please look into to this great investment property. Some images in this listing have been virtually staged.
Sold
Price Unknown
2523 Observation, San Antonio, TX 78227
6beds
1,898sqft
Multi Family
Built in 1943
-- sqft lot
$149,900 Zestimate®
$--/sqft
$1,257 Estimated rent
Home value
$149,900
$142,000 - $159,000
$1,257/mo
Zestimate® history
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List your homeWhat's special
Split bedroom planLarge living kitchen combination
Zillow last checked:
Listing updated:
Listed by:
Joe Davalos TREC #304731 (210) 573-3560,
Davalos & Associates
Source: LERA MLS,MLS#: 1921323
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- None, Other
Cooling
- None
Appliances
- Included: Oven/Stove, Refrigerator
Features
- Flooring: Laminate
Interior area
- Total interior livable area: 1,898 sqft
Property
Parking
- Total spaces: 2
- Parking features: Parking Pad, Pad
Features
- Levels: One
- Stories: 1
- Exterior features: Not Applicable/None
Lot
- Size: 9,801 Square Feet
Details
- Parcel number: 155070090100
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
- Roof: Composition
Condition
- New construction: No
- Year built: 1943
Utilities & green energy
- Electric: CPS, Separate Electric Meter(s)
- Gas: NA
- Water: SAWS, Common Water Meter(s)
Community & HOA
Community
- Subdivision: Lackland Terrace
Location
- Region: San Antonio
Financial & listing details
- Tax assessed value: $145,340
- Annual tax amount: $3,399
- Date on market: 3/18/2026
- Cumulative days on market: 236 days
- Listing terms: Cash
- Total actual rent: 0
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2026 | Sold | -- |
Source:  LERA MLS #1921323 Report a problem | ||
| 5/20/2026 | Pending sale | $159,900$84/sqft |
Source: LERA MLS #1921323 Report a problem | ||
| 4/9/2026 | Price change | $159,900-3.1%$84/sqft |
Source: LERA MLS #1921323 Report a problem | ||
| 3/18/2026 | Listed for sale | $165,000$87/sqft |
Source: LERA MLS #1921323 Report a problem | ||
| 2/25/2026 | Listing removed | $165,000$87/sqft |
Source: LERA MLS #1921323 Report a problem | ||
| 1/27/2026 | Price change | $165,000-12.7%$87/sqft |
Source: LERA MLS #1921323 Report a problem | ||
| 12/15/2025 | Price change | $189,000-5.5%$100/sqft |
Source: LERA MLS #1921323 Report a problem | ||
| 11/7/2025 | Listed for sale | $199,900-28.6%$105/sqft |
Source: LERA MLS #1921323 Report a problem | ||
| 8/25/2025 | Listing removed | $280,000$148/sqft |
Source: LERA MLS #1862242 Report a problem | ||
| 7/7/2025 | Listed for sale | $280,000$148/sqft |
Source: LERA MLS #1862242 Report a problem | ||
| 6/4/2025 | Pending sale | $280,000$148/sqft |
Source: LERA MLS #1862242 Report a problem | ||
| 5/16/2025 | Contingent | $280,000$148/sqft |
Source: LERA MLS #1862242 Report a problem | ||
| 4/29/2025 | Listed for sale | $280,000$148/sqft |
Source: LERA MLS #1862242 Report a problem | ||
| 11/4/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 10/4/2022 | Listed for rent | $1,450$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,329 -2.1% | $145,340 -2.1% |
| 2024 | $3,399 -6.2% | $148,460 -5.9% |
| 2023 | $3,624 +63.7% | $157,810 +76.4% |
| 2022 | $2,214 +42.5% | $89,440 +11.6% |
| 2021 | $1,553 | $80,130 +16.8% |
| 2020 | $1,553 +8.3% | $68,590 +24.7% |
| 2019 | $1,435 | $55,000 +0.9% |
| 2018 | $1,435 -1.8% | $54,500 -3.8% |
| 2017 | $1,461 +3.6% | $56,630 +2.1% |
| 2016 | $1,410 +8.1% | $55,460 +13.2% |
| 2015 | $1,304 | $49,000 -1.1% |
| 2014 | $1,304 | $49,560 +2.6% |
| 2013 | -- | $48,320 -3.6% |
| 2012 | -- | $50,150 -5.2% |
| 2011 | -- | $52,900 -3.3% |
| 2010 | -- | $54,730 -0.5% |
| 2009 | -- | $55,000 -8.2% |
| 2008 | -- | $59,940 +25.3% |
| 2006 | -- | $47,850 +15.3% |
| 2005 | -- | $41,500 |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
Find assessor info on the county website
Neighborhood: Lackland Terrace
Nearby homes
- $--3 bd1 ba900 sqft2523 Observation Dr UNIT W, San Antonio, TX 78227Off Market
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Nearby schools
GreatSchools rating
- 6/10Westwood Terrace Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 4/10Jones Middle SchoolGrades: 6-8Distance: 1.9 mi
- 3/10Jay High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- District: Northside
Source: LERA MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$149,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$149,900
- Texas
- Bexar County
- San Antonio
- 78227
- Lackland Terrace
- 2523 Observation
Nearby cities
Nearby neighborhoods
Nearby zip codes
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