$1142.86 Per Sq Foot $4,295 est/mo Sourced by Back At You

1036 Linde Ave,New Braunfels, TX 78130

New Braunfels TX, 78130

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Description

**Investment Opportunity in the Heart of New Braunfels, TX!** Welcome to 1036 Linde Ave, a lucrative 8-unit apartment building nestled in the flourishing city of New Braunfels, TX. This prime property offers a blend of modern amenities, strategic location, and a promising investment potential. *Property Highlights:* - 8-unit apartment building with 4 units downstairs and 4 units upstairs. - Spacious and well-designed floor plans to cater to diverse tenant needs. - Small storage area at the back for added convenience. - Huge lot with a fenced-in backyard, providing privacy and outdoor space for residents. - Recent renovations in most units, including removal of carpets for easy maintenance. - Established reputation with a high demand from potential tenants, resulting in 100% occupancy. - Located in the second-fastest-growing city in the US, showcasing a high level of demand for rental properties. **Investment Benefits:** 1. **Stable Income:** Benefit from a consistently high occupancy rate, ensuring a steady and reliable rental income stream. 2. **Low Maintenance:** Recent renovations, including carpet removal, contribute to lower maintenance costs and increased property value. 3. **Room for Growth:** Expansive lot provides ample room for future expansion or additional amenities, catering to the growing demand in the area. **Why Invest in New Braunfels?** - Booming Economy: New Braunfels boasts a thriving economy, attracting a diverse population and contributing to the demand for rental properties. - Recreational Paradise: Positioned near the beautiful Guadalupe and Comal Rivers, offering residents a high quality of life with abundant recreational opportunities. - Easy Access: Conveniently located with access to major highways, providing easy commuting for residents.

Details

MLS#9100238
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1978
Days On Site110
Listing Provided ByTeifke Real Estate | Doreen Sidney

Features

SQ Feet700
Story(s)2
Building(s)1
Acreage0.42
Water FrontYes

 Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of May 23, 2024 at 10:46:55 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Listings Checked: 6 minutes ago
StateTX
CountyComal
CityNew Braunfels
Zip Code78130
AreaCM
Community NameSir Gerald 1
Listing VS Median (in Sir Gerald 1)
Price:
$800,000
low | high
Med:
$800,000
50% of Average
SqFt:
700
low | high
Med:
700
50% of Average
$ / SqFt:
$1,143
low | high
Med:
$1,143
50% of Average
On Site:
110
low | high
Med:
110.000000
100% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 11:55:37 PM PDT