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    2523 Observation Dr San Antonio, TX 78227

    For Sale
    $199,900

    MULTI_FAMILY - San Antonio, TX

    Property size:
    1,898 SF
    Lot size:
    0.23 Acres
    Days on Market:
    18
    Last Refresh:
    Dec 5 at 4:06 pm

    Property Features for 2523 Observation Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Size
    1,898 SF
    Lot size
    0.23 Acres

    Building Details

    Year built
    1943

    CENTURY 21 United Davalos (210) 573-3560 [email protected]

    Listing agent Joe Davalos (210) 734-7253

    Listing date Nov 18, 2025

    Copyright © 2025 LERA MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    San Antonio Multifamily Investment Opportunity

    This multifamily property in San Antonio, Texas, presents a rental opportunity. The property includes two units, each featuring 3 bedrooms and 1 bathroom. The units have separate electric meters and mirrored floor plans with a large living kitchen combination. The layout includes a split bedroom plan with 2 bedrooms on one side, and the third bedroom, a utility closet, and a full bathroom on the other. Vinyl plank flooring is installed throughout both units. The property size is 1898 square feet, situated on a 0.225-acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Comal
    State
    Texas
    Longitude
    -98.647223
    Latitude
    29.404491

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    FAQs

    What type of property is this?
    Duplex - Duplex with mirrored floor plans, ideal for rental portfolio.
    Where is this duplex located?
    The property is located at 2523 Observation Dr San Antonio, TX.
    What is the asking price?
    The asking price for this property is $199,900.
    What are key features of this property?
    This property features: - Two units, each with 3 bedrooms and 1 bathroom.; - Separate electric meters for each unit.; - Mirrored floor plans.
    (210) 734-7253
    Request Owner's contact information
    2523 Observation Dr San Antonio, TX 78227
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    San Antonio, TX 78227
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2523 Observation Dr San Antonio, TX 78227
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