198 West Street New Braunfels, TX 78130
MULTI_FAMILY - Ranch - New Braunfels, TX
Property Features for 198 West Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Parking features
- Garage
- Interior features
- Bookcases, BuiltInFeatures, CeilingFans, CustomCabinets, KitchenDiningCombo
- Fireplace
- 1
- Appliances
- Dishwasher, ElectricWaterHeater, SomeElectricAppliances
- Standard status
- Active
- APN
- 26028
- Size
- 2,328 SF
- Lot size
- 0.37 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOT 16 BLOCK A, GUADA COMA ESTATES, UNIT ONE
Utilities
- Sewer type
- Public Sewer, Septic Tank
- Heating system
- Electric (Heating)
- Water source
- Public
Building Details
- Year built
- 1981
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Carpet, Linoleum
- Building materials
- Brick, Masonry
- Roof type
- Composition, Shingle
- Architectural style
- Ranch
Listing agent Sandra Nolte License #0330487 (830) 708-1219
Listing office Homecity Real Estate 494 S Seguin Avenue, 101, New Braunfels, TX (830) 625-8061
Listing date Sep 29, 2025
Copyright © 2026 Central Texas Multiple Listing Service. 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.
Located in New Braunfels, Texas, the property is described as being in a “nice neighborhood” with large lots and trees. Access to New Braunfels and Seguin is noted as being easy, which can be practical for residents commuting within the area.
From an ownership standpoint, the duplex is positioned for investor interest because both sides are currently rented. The unit mix provides two different layouts, with one unit including a garage and the other offering a slightly larger bedroom count. With two distinct homes under one roof, the property may appeal to buyers looking for a straightforward multifamily structure while keeping day-to-day residential tenancy centered on separate, self-contained units.
Key Highlights
- Duplex with two rented units: side one is a 2BD/2BA with a garage; side two is a 3BD/2BA with no garage
- Ranch duplex built in 1981 with brick/masonry construction
- Electric heating with composition/shingle roof
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 | $37.7k | $16.20 |
| − Vacancy | −$3.6k | −$1.54 |
| EGI | $34.1k | $14.66 |
| − OpEx | −$10.2k | −$4.40 |
| NOI | $23.9k | $10.26 |
