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362 E Faust St
New Braunfels, TX 78130

$625,000 USD

Apartments Condo For Sale  •  2,160 SF

Property Details

  • Property Type Apartments
  • Total Building Size 2,160 SF
  • Year Built 2011
  • Zoning C3
0 Transit Score
62 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 362B/364A Flex 2,160 SF $625,000 USD
  • Unit Size: 2,160 SF
  • Condo Use: Flex
  • Price: $625,000 USD
  • Sale Type: Investment
  • Price/SF: $289.35 USD
Description
DUPLEX – Fully Leased Investment Opportunity:
Unit #364A:
Size: 1,080 SF
Layout: 3 Bedrooms, 2 Bathrooms, 1-Car Attached Garage
Rent: $1,800/month
Unit #362B:
Size: 1,080 SF
Layout: 3 Bedrooms, 2 Bathrooms, 1-Car Attached Garage
Rent: $1,850/month
Total Rental Income: $3,600/month
Year Built: 2011

Sale Notes
Welcome to 362 E. Faust St. in the heart of vibrant New Braunfels! This well-maintained duplex, built in 2011, offers an incredible opportunity for comfortable living or investment. With a total of 2,160 square feet, each side features 1,080 square feet of well-designed living space, including 3 bedrooms, 2 baths, and an attached single-car garage. Both units are fully leased, providing immediate and reliable rental income for investors. Each unit boasts spacious interiors with open floor plans, a covered patio, and a shaded backyard, perfect for outdoor relaxation or entertaining. The layout is ideal for families, professionals, or tenants seeking the perfect balance of functionality and comfort. This property also allows for short-term rentals, making it an exceptional investment opportunity in a highly desirable area. Just moments from the historic Faust Street Bridge and the Guadalupe River, the property offers easy access to recreational activities and the charm of downtown New Braunfels. Also for sale just two doors down is another duplex (388 E. Faust St.) identical to this one, presenting a rare opportunity to expand your investment portfolio with ease. Whether you're looking to invest in a single property or secure two well-performing assets, these duplexes check all the boxes. Don't miss your chance to own turnkey investments in one of New Braunfels' most sought-after locations.

Description

Welcome to 362 E. Faust St. in the heart of vibrant New Braunfels! This well-maintained duplex, built in 2011, offers an incredible opportunity for comfortable living or investment. With a total of 2,160 square feet, each side features 1,080 square feet of well-designed living space, including 3 bedrooms, 2 baths, and an attached single-car garage. Both units are fully leased, providing immediate and reliable rental income for investors. Each unit boasts spacious interiors with open floor plans, a covered patio, and a shaded backyard, perfect for outdoor relaxation or entertaining. The layout is ideal for families, professionals, or tenants seeking the perfect balance of functionality and comfort. This property also allows for short-term rentals, making it an exceptional investment opportunity in a highly desirable area. Just moments from the historic Faust Street Bridge and the Guadalupe River, the property offers easy access to recreational activities and the charm of downtown New Braunfels. Also for sale just two doors down is another duplex (388 E. Faust St.) identical to this one, presenting a rare opportunity to expand your investment portfolio with ease. Whether you're looking to invest in a single property or secure two well-performing assets, these duplexes check all the boxes. Don't miss your chance to own turnkey investments in one of New Braunfels' most sought-after locations.

Highlights

Prime Location: Located in the heart of New Braunfels, near the historic Faust Street Bridge, Guadalupe River, and downtown charm.
Turnkey Investment: Fully leased units providing immediate, reliable rental income.
Short-Term Rental Potential: Zoning allows for flexibility, enhancing investment opportunities.
Expand Your Portfolio: Identical duplex at 388 E. Faust St. (just two doors down) also for sale, creating a unique chance to secure multiple units.

Financial Summary

Total Expenses: $0 USD

Public Transportation

AirportDriveWalkDistance
San Antonio International 33 min - 27.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Surface
Included in Rent: Yes
Rome Gregorio 830-321-0471 Keller Williams Heritage
Rome Gregorio 830-321-0471 Keller Williams Heritage