214 Stone Gate

New Braunfels, TX 78130
Square Ft.
2,441
$435,000
This FULLY leased duplex is an excellent opportunity for any investor eyeing a low-maintenance property with a steady income! Both units are professionally managed and come with a low HOA! Conveniently located near HWY 46 and I35, the property offers easy access to major routes. This single-story duplex offers anRead MoreRead Less
Courtesy of Signature Real Estate, Erion Shehaj (713) 952-3200
Listing Snapshot
Days Online
7
Last Updated
Property Type
One Story
Square Ft.
2,441
Lot Size
0.24 Acres
Year Built
2014
MLS Number
1886778
Property Location Map
Additional Details
Accessibility Features
Unit 1 disability access: No, Unit 2 disability access: No
Building
2,441 square feet, 2 total units, Approximate age: 11 years, Built in 2014, Builder: N/a, Oven/Stove, Dishwasher, Washer Connection, Dryer Connection, Oven/Stove, Disposal, Dishwasher, Washer Connection, Dryer Connection
Exterior Features
Covered Patio, Brick, Siding
Floors
Stained Concrete
Foundation
Slab
Roof
Composition
Miscellaneous
Net operating income: $24,226, Unit 1 rent: $1,500, Unit 2 rent: $1,595, 0% vacancy rate, Annual operating expense: $12,914, Gross annual income: $37,140, Taxes, Insurance, Maintenance, Management
Parking
2 parking spaces for unit 1, Unit 1 parking type: Attached, 2 parking spaces for unit 2, Unit 2 parking type: Attached
Home Owner's Association
HOA name: STONEGATE HOMEOWNERS ASSOCIATION
Lot
Lot size: 0.244
Cooling
Multi-Unit Central
Heating
Electric, Central
Utilities
Separate Electric, Separate Water, City
Taxes
Taxed by multiple counties, Total tax amount: $7,603
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