Duplex with Gated Side
For Sale
$329,999
1506 Eichen Rd, New Braunfels, TX 78130
Multi-Family (2-8 Units), New Braunfels, TX
Property Size1,742 SF
Lot Size0.26 Acres
Price / SF$189.44
Days on Market199
Property Features for 1506 Eichen Rd
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RESIDENTIAL
Elementary school
Comal
Middle school
Comal
High school
New Braunfel
Elementary school district
Comal
Middle school district
Comal
High school district
Comal
Subdivision
3100
Standard status
Active
Size
1,742 SF
Lot size
0.26 Acres
Taxes and HOA fees
Tax Annual Amount
4500
Utilities
Cooling system
Central Air
Amenities
metal shed
swing set
Building Details
Year built
1971
Listing Agency:
Vortex Realty
(210) 647-6557
Listed By:
Michelle Barre
(210) 867-7700
Added: Apr 16
Changed: Aug 20
Last Checked: Oct 31 at 12:06PM
MLS# 1940531
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.
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Investment Insights
Based on property information with market context.
This duplex contains 1,742 square feet across two units and was built in 1971. Central air serves the property. One unit is shown in the available photos, while the other includes existing furniture and is undergoing interior cleanup and minor exterior touch-ups. Contractors are completing work as cleanup and maintenance progress.
The property occupies 0.26 acres in New Braunfels, Texas. Unit 2 features mature trees, its community’s largest side yard, chain-link fencing, and a wide gated entrance that allows access into the enclosed yard. The space also includes a large metal shed and can accommodate additional parking, work vehicles, outdoor storage, or gatherings. The rear yard faces a middle school play area.
The property occupies 0.26 acres in New Braunfels, Texas. Unit 2 features mature trees, its community’s largest side yard, chain-link fencing, and a wide gated entrance that allows access into the enclosed yard. The space also includes a large metal shed and can accommodate additional parking, work vehicles, outdoor storage, or gatherings. The rear yard faces a middle school play area.
Key Highlights
- Two‑unit duplex with 1,742 square feet
- 0.26‑acre residential property in New Braunfels, TX
- Central air cooling
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,878
Cap Rate
5.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$357,560
$357.6K
Cap Rate 7%
$255,400
$255.4K
Cap Rate 9%
$198,644
$198.6K
Market Conditions
NOI Build-Up for 1,742 SF
Gross rent
$28.2K $16.20/SF
− Vacancy
−$2.7K −$1.54/SF
EGI
$25.5K $14.66/SF
− OpEx
−$7.7K −$4.40/SF
NOI
$17.9K $10.26/SF
Area
Comal County, TX
Vacancy
9.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$357,560
Cap Rate 7%
$255,400
Cap Rate 9%
$198,644
Alternative Uses
Best Use
Multifamily LT 5
$255.4K
$223.5K – $298.0K
NOI $17,878 @ 7.0% cap · market cap 5.42%
Second Best
Apartment 5plus
$221.7K
$194.0K – $258.7K
NOI $15,521 @ 7.0% cap · market cap 4.70%
Theoretical Best
Office A
$444.4K
$388.8K – $518.4K
NOI $31,105 @ 7.0% cap · market cap 9.43%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
473
Businesses Nearby
Explore this area
Business Placement
Demographics for 78130, TX
88,349
Population
40,810
Households
2.2
Avg Household Size
37
Median Age
35%
College-Educated
91%
High-School Grad
91.0 sq mi
ZIP Area
971
Density / Sq Mi
$84,426
Median Household Income
$45,253
Median Earnings
$1,525
Median Rent
$296,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Residentially zoned duplex with central air and a fenced side yard.
Where is this duplex located?
The property is located at 1506 Eichen Rd New Braunfels, TX.
What is the asking price?
The asking price for this property is $329,999.
What are key features of this property?
This property features: Two‑unit duplex with 1,742 square feet; 0.26‑acre residential property in New Braunfels, TX; Central air cooling
