$345,000
2
Units
Property Type
One Story
Status
New
Price Type
Distressed
Year Built
1987
Neighborhood
Shadow Park
Days on Website
7
Property Map
$345,000 – 227 Redbud Ln, New Braunfels, TX 78130
Street View
Courtesy of Texas Home Genie, Genie Vincent {attribution_contact}
Description
New Braunfels is growing. The time to invest is NOW! Welcome to Redbud Lane, New Braunfels TX Featuring 3 duplex homes with 2-bedroom, 1-bathroom open floor plans. These properties present a lucrative opportunity for investors wishing to expand their portfolio. 3 Units for sale individually or together on the same street just minutes from i 35, downtown and Gruene. Rented and ready makes this a Great long term investment. 215 Redbud & 218 Redbud additionally available.
Property Details and Features
Listing
- 164 cumulative days on market
- 6 days on market
- Listing date: 2024-11-15 06:00:00
- Price per square foot: $204
Location
- County: Comal
- Subdivision: SHADOW PARK
Bedrooms
- 2 bedrooms in unit 1
- 2 bedrooms in unit 2
Bathrooms
- 1 full bathroom in unit 1
- 1 full bathroom in unit 2
Accessibility Features
- Unit 1 disability access: No
- Unit 2 disability access: No
Building
- 1,692 square feet
- 2 total units
- Approximate age: 37 years
- Built in 1987
- Builder: Unknown
- Oven/Stove
- Washer Connection
- Dryer Connection
- Oven/Stove
- Washer Connection
- Dryer Connection
Exterior Features
- Not Applicable/None
- Brick
Floors
- Linoleum
Foundation
- Slab
Roof
- Composition
Miscellaneous
- Net operating income: $0
- Unit 1 rent: $1,200
- Unit 2 rent: $1,200
- 0% vacancy rate
- Annual operating expense: $0
- Gross annual income: $28,800
- Other
Parking
- 2 parking spaces for unit 1
- Unit 1 parking type: Pad
- 2 parking spaces for unit 2
- Unit 2 parking type: Pad
Lot
- Lot size: 0.184
Property
- Zoning: MULTIFAMILY
Schools
- School district: New Braunfels
- Elementary school: Memorial
- Middle school: New Braunfel
- High school: New Braunfel
Cooling
- Multi-Unit Central
Heating
- Electric
- Central
Utilities
- Separate Electric
- Separate Gas
- Separate Water
- City
Taxes
- Total tax amount: $4,319