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949 - 951 Misty Acres DR New Braunfels, TX 78130
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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
Style Traditional
Year Built 2003
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
Rooms
Ensuite Laundry Main Level, Laundry Room
Interior
Laundry Location Main Level,Laundry Room
Heating Central, Multiple Heating Units, Natural Gas
Cooling Central Air, Electric, 2 Units
Flooring Laminate, Tile
Fireplaces Type Gas, Living Room
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
View None
Roof Type Composition,Shingle
Building
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
Schools
Elementary Schools Goodwin-Frazier Elementary
Middle Schools Church Hill Middle School
High Schools Canyon High School
School District Comal Isd
Others
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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Bought with NON-MEMBER AGENT • Non Member Office
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