$489,000
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796 SqFt
SOLD DATE : 12/19/2023
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 796 sqft
Price per Sqft $580
Subdivision Misty Acres 2
MLS Listing ID 3610740
Sold Date 12/19/23
Originating Board actris
Year Built 2003
Annual Tax Amount $7,002
Tax Year 2023
Lot Size 0.305 Acres
Property Description
Welcome to a lucrative investment opportunity in the popular city of New Braunfels! This duplex was formerly optimized for mid-term rental arbitrage for $2k per side. First unit features three bedrooms and two and a half baths plus a small backyard. Second unit features two bedrooms and two and a half baths plus a small backyard providing ample space for tenants/guests. Situated in a sought-after location between Austin and San Antonio, this property is strategically positioned for success in the thriving real estate market. Nearby amenities include the famed Comal River, the historic Gruene district, and Gruene Hall, offering tenants/guests a taste of the area's rich culture and recreational delights. This duplex's prime location and versatile layout make it an enticing prospect for savvy real estate investors seeking a cash flow-driven asset in a high-demand market. Don't miss the chance to capitalize on this gem—unlock the potential for substantial returns and lasting investment success!
Location
State TX
County Comal
Interior
Interior Features Ceiling Fan(s), Electric Dryer Hookup, Walk-In Closet(s), Washer Hookup
Heating Central, Natural Gas, See Remarks
Cooling Central Air, Electric, See Remarks
Flooring Laminate, Tile
Fireplaces Number 1
Fireplaces Type Gas, Living Room
Fireplace Y
Appliance Dishwasher, Disposal, Water Heater
Exterior
Exterior Feature None
Garage Spaces 2.0
Fence Wood
Community Features None
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Waterfront No
Waterfront Description None
View Neighborhood
Roof Type Composition
Accessibility None
Porch None
Parking Type Attached, Garage Door Opener
Building
Lot Description Level
Faces Southeast
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Stucco
New Construction No
Schools
Elementary Schools Goodwin Frazier
Middle Schools Church Hill
High Schools Canyon
School District Comal Isd
Others
Pets Allowed Negotiable
Restrictions None
Acceptable Financing Cash, Conventional, FHA, VA Loan
Tax Rate 1.9733
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Standard
Pets Description Negotiable
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Bought with Non Member
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