$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 526296
Sold Date 12/19/23
Style Traditional
Construction Status Resale
HOA Y/N No
Year Built 2003
Lot Size 0.305 Acres
Acres 0.3051
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), Double Vanity, See Remarks, Separate Shower, Walk-In Closet(s), Kitchen/Dining Combo
Heating Central, Multiple Heating Units, Natural Gas
Cooling Central Air, Electric, 2 Units
Flooring Laminate, Tile
Fireplaces Type Gas, Living Room
Fireplace Yes
Appliance Dishwasher, Disposal, Gas Water Heater, Some Gas Appliances
Laundry Main Level, Laundry Room
Exterior
Garage Attached, Garage
Garage Spaces 2.0
Garage Description 2.0
Fence Wood
Pool None
Community Features Sidewalks
Utilities Available Electricity Available
Waterfront No
View Y/N No
Water Access Desc Public
View None
Roof Type Composition,Shingle
Accessibility None
Building
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories Two
Construction Status Resale
Schools
Elementary Schools Goodwin-Frazier Elementary
Middle Schools Church Hill Middle School
High Schools Canyon High School
School District Comal Isd
Others
Tax ID 103428
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Cash
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