949 - 951 MISTY ACRES DR

New Braunfels, TX 78130-3707
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Sold
Sold
$420,001 - $482,000
Sold on December 19, 2023
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3,501 Sqft.
Multi-Family

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 suc

MLS#
SABORTX-1732688
Sold Price Range
$420,001 - $482,000
Listing Status
Sold
Address
949 - 951 MISTY ACRES DR
State
TX
Zip Code
County
Subdivision
MISTY ACRES
Legal Description
MISTY ACRES 2, BLOCK 3, LOT 2
Property Type
Multi-Family
Architecture Style
Traditional
Building Size
3,501 Sqft/Appraisal District

Exterior

Roof
Composition
Foundation
Slab
Exterior Type
Stucco

Interior

Floors
Laminate, Tile
Heating
Central Gas, Other Heating

Lot information

Lot Size
0 Sqft. /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Financial

Financing Considered
Cash Sale, Conventional, FHA, VA
Other Fees
No
Maintenance Fee
No

Additional information

HOA Mandatory
No
List Type
Exclusive Right to Sell/Lease
Buyer Agent Compensation*
3%
Sub Agent Compensation*
0%

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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Mortgage

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Estimated Monthly Payments

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Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

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Source

San Antonio Board of Realtors®
Source last updated May 13, 2024 at 08:42 AM
Listing last updated Dec 19, 2023 at 09:57 PM
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949 - 951 MISTY ACRES DR, New Braunfels, TX 78130-3707. View photos, map, tax, nearby homes for sale, home values, school info...

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