1187 CREEKSIDE ORCH New Braunfels, TX 78130
MULTI_FAMILY - New Braunfels, TX
Property Features for 1187 CREEKSIDE ORCH
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- Size
- 2,510 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Annual Amount
- 8030
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 2015
Listing agent Fernando Trevino License #Texas Bd of Arch. Examiners (210) 682-9898
Listing office RE/MAX Alamo Realty 4630 N Loop 1604 W, San Antonio, TX (210) 682-9898
Listing date Jul 13, 2026
Copyright © 2026 LERA MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is located off Highway 46 and Alves Lane in New Braunfels, Texas. HOA manages the zeriscaped front yards. For ongoing income, unit 1187 is leased at $1,575.00 through 3-31-2027, and unit 1191 is leased at $1,600.00 through 4-30-2027. Please do not disturb tenants; showings require 24-hour notice and should be scheduled through ShowingTime or the listing agent.
Key Highlights
- 2015‑built former builder duplex model in Creekside Crossing, New Braunfels (off Hwy 46 and Alves Ln)
- Approx. 2,510 SF with 3 bedrooms, 2 baths, and a 2‑car garage on each side
- Central air, high ceilings, and dormer windows above the garages
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.7k | $16.20 |
| − Vacancy | −$3.9k | −$1.54 |
| EGI | $36.8k | $14.66 |
| − OpEx | −$11.0k | −$4.40 |
| NOI | $25.8k | $10.26 |
