New Braunfels Duplex For
For Sale
$289,900
1525 Lorelei, New Braunfels, TX 78130
MULTI_FAMILY - New Braunfels, TX
Property Size1,660 SF
Lot Size0.23 Acres
Price / SF$174.64
Days on Market128
Property Features for 1525 Lorelei
General Information
Property type
Residential Multi Family
Property subtype
Other
Elementary school
Goodwin Frazier
Middle school
Church Hill
High school
Canyon
Elementary school district
Comal
Middle school district
Comal
High school district
Comal
Subdivision
2616
Standard status
Active
Size
1,660 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Annual Amount
4362
Utilities
Cooling system
Central Air
Building Details
Year built
1985
Listing Agency:
GIC Properties
(210) 821-1122
Listed By:
Robert Libby
(210) 821-1122
Added: Mar 30
Changed: Apr 15
Last Checked: Aug 4 at 7:06AM
MLS# 1950424
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.
This duplex is located steps from Goodwin Frazier Elementary in New Braunfels, Texas. The property contains 1,660 square feet and sits on a 0.233-acre lot. Each unit features a 2-bedroom floorplan. One unit is currently rented month to month. Both units have below-market rents, offering the potential for increased income. Additional, similar duplexes are available nearby.
Key Highlights
- Well‑priced duplex offering potential for increased rental income.
- Each unit has a functional 2‑bedroom floorplan.
- Strong long‑term rental demand.
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 | $26.9k | $16.20 |
| − Vacancy | −$2.6k | −$1.54 |
| EGI | $24.3k | $14.66 |
| − OpEx | −$7.3k | −$4.40 |
| NOI | $17.0k | $10.26 |
1,660 SF · lease $16.20/SF/yr · vacancy 9.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$243.4K
$213.0K – $283.9K
NOI $17,036 @ 7.0% cap · market cap 5.88%
Second Best
Apartment 5plus
$211.3K
$184.9K – $246.5K
NOI $14,791 @ 7.0% cap · market cap 5.10%
Theoretical Best
Office A
$423.4K
$370.5K – $494.0K
NOI $29,641 @ 7.0% cap · market cap 10.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
598
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Well-priced duplex with income upside potential in New Braunfels, TX.
Where is this duplex located?
The property is located at 1525 Lorelei New Braunfels, TX.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Well‑priced duplex offering potential for increased rental income.; Each unit has a functional 2‑bedroom floorplan.; Strong long‑term rental demand.
