Property Type Two Story
Status Pending
Price Type
Distressed
Year Built 2012
Neighborhood Rivercrest
Days on Website 157

Property Map

$672,000 – 1269 E Common St, New Braunfels, TX 78130

Street View

Courtesy of Kuper Sotheby’s Int’l Realty, Janet Smalley {attribution_contact}

Description

Location, Location, Location! Great investment opportunity located in central New Braunfels, just minutes from Schlitterbahn, shopping, and downtown area. Lovingly maintained one owner duplex is owner occupied with secondary unit previously rented for $3,000 month furnished with utilities included. Each unit is approximately 1450 Sq. ft. with 3 bedrooms, 2.5 baths and a single car garage. Downstairs you will find two bedrooms a full bath and the laundry room. The master bedroom, full bath, half bath, kitchen, breakfast room and living room are upstairs. Each unit has fully fenced separate yards and a deck overlooking the property. There is Guadalupe River access through a voluntary HOA park. Perfect for 1031 exchange with quicker close potential!

Property Details and Features

Listing

  • 150 cumulative days on market
  • 150 days on market
  • Listing date: 2023-12-01 06:00:00
  • Price per square foot: $228

Location

  • County: Comal
  • Subdivision: Rivercrest

Bedrooms

  • 3 bedrooms in unit 1
  • 3 bedrooms in unit 2

Bathrooms

  • 2 full bathrooms in unit 1
  • 1 half bathroom in unit 1
  • 2 full bathrooms in unit 2
  • 1 half bathroom in unit 2

Accessibility Features

  • Unit 1 disability access: No
  • Unit 2 disability access: No

Building

  • 2,952 square feet
  • 2 total units
  • Approximate age: 11 years
  • Built in 2012
  • Builder: Unknown
  • Oven/Stove
  • Disposal
  • Dishwasher
  • Refrigerator
  • Washer Connection
  • Dryer Connection
  • Window Coverings
  • Oven/Stove
  • Disposal
  • Dishwasher
  • Refrigerator
  • Washer
  • Dryer
  • Washer Connection
  • Dryer Connection
  • Window Coverings

Exterior Features

  • Double Pane Windows
  • Has Gutters
  • Other – See Remarks
  • Guadalupe River
  • Other Water Access – See Remarks
  • Cement Fiber

Floors

  • Carpeting
  • Ceramic Tile
  • Laminate

Foundation

  • Slab

Roof

  • Metal

Miscellaneous

  • Net operating income: $21,403
  • Unit 1 rent: $0
  • Unit 2 rent: $3,000
  • 0% vacancy rate
  • Annual operating expense: $3,447
  • Gross annual income: $36,000
  • Insurance
  • Maintenance
  • All Utilities
  • Services
  • Miscellaneous

Parking

  • 2 parking spaces for unit 1
  • Unit 1 parking type: Attached,Carport,Pad
  • 2 parking spaces for unit 2
  • Unit 2 parking type: Attached,Carport,Pad

Lot

  • Lot size: 0.25

Schools

  • School district: Comal
  • Elementary school: Goodwin Frazier
  • Middle school: Church Hill
  • High school: Canyon

Cooling

  • Unit Central
  • Two Central

Heating

  • Electric
  • Central
  • 2 Units

Energy Saving

  • Double Pane Windows
  • Radiant Barrier
  • Ceiling Fans

Utilities

  • Separate Electric
  • Separate Water
  • City

Taxes

  • Total tax amount: $7,321

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