New Braunfels, TX 78130-3707,949 - 951 MISTY ACRES DR
New Braunfels, TX 78130-3707,949 - 951 MISTY ACRES DR
New Braunfels, TX 78130-3707,949 - 951 MISTY ACRES DR
42
$489,000
Est.Price: ?

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5 BD
5 BA
3,501 SqFt

949 - 951 MISTY ACRES DR New Braunfels, TX 78130-3707

Est. payment /mo
SOLD DATE : 12/19/2023

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Key Details

Property Type Multi-Family

Sub Type Multi-Family (2-8 Units)

Listing Status Sold

Purchase Type For Sale

Square Footage 3,501 sqft

Price per Sqft $139

Subdivision Misty Acres

MLS Listing ID 1732688

Sold Date 12/19/23

Style Two Story

Bedrooms 5

Full Baths 4

Half Baths 2

Year Built 2003

Annual Tax Amount $6,415

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

Area 2707

Interior

Heating Central, 2 Units

Cooling Two Central

Flooring Ceramic Tile, Laminate

Exterior

Exterior Feature Stucco

Garage Spaces 4.0

Roof Type Composition

Building

Foundation Slab

Sewer City

Water City

Schools

Elementary Schools Goodwin Frazier

Middle Schools Church Hill

High Schools Canyon

School District Comal

Others

Acceptable Financing Conventional, FHA, VA, Cash

Listing Terms Conventional, FHA, VA, Cash

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Listed by Laurie Jarrett • Keller Williams Heritage • (512) 665-8181

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Tanika Donnell Realty

Broker | License ID: 9009351

+1(817) 890-7325

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