218 Redbud

New Braunfels, TX 78130
Square Ft.
1,887
$305,000
Discover a rare chance to invest in prime real estate in the heart of New Braunfels. With the area's growing housing demand and a strategic location just minutes from I-35, vibrant downtown, and the charming Gruene district, these duplex homes are poised for impressive long term returns.
Courtesy of Texas Home Genie, Genie Vincent (830) 515-6135
Listing Snapshot
Days Online
1
Last Updated
Property Type
One Story
Square Ft.
1,887
Lot Size
0.18 Acres
Year Built
1985
MLS Number
1944715
Property Location Map
Additional Details
Accessibility Features
Unit 1 disability access: No, Unit 2 disability access: No
Building
1,887 square feet, 2 total units, Approximate age: 41 years, Built in 1985, Builder: Unknown, Oven/Stove, Washer Connection, Dryer Connection, Oven/Stove, Refrigerator, Washer Connection, Dryer Connection
Exterior Features
Mature Trees, Stone/Rock
Floors
Linoleum, Laminate
Foundation
Slab
Roof
Composition
Miscellaneous
Net operating income: $24,080, Unit 1 rent: $1,200, Unit 2 rent: $1,200, 1% vacancy rate, Annual operating expense: $4,720, Gross annual income: $28,800, Taxes
Parking
4 parking spaces for unit 1, Unit 1 parking type: Pad, Street, 4 parking spaces for unit 2, Unit 2 parking type: Pad, Street
Lot
Lot size: 0.184
Cooling
One Central
Heating
Electric, Central
Utilities
Separate Electric, City, Electric utility supplier: NBU, Water utility supplier: NBU
Taxes
Total tax amount: $4,720
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