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Duplex with Private Backyards
For Sale
$485,000

310 /312 Emma Drive, New Braunfels, TX 78130

MULTI_FAMILY - New Braunfels, TX

Property Size2,650 SF
Lot Size0.24 Acres
Price / SF$183.02
Days on Market9

Property Features for 310 /312 Emma Drive

General Information

Property type Residential Multi Family
Property subtype Other
Elementary school Call District
Middle school New Braunfel
Elementary school district New Braunfels
Middle school district New Braunfels
High school district New Braunfels
Subdivision 2701
Standard status Active
Size 2,650 SF
Lot size 0.24 Acres

Taxes and HOA fees

Tax Annual Amount 6698
HOA Fee $1,038 Annually

Utilities

Cooling system Central Air

Amenities

fenced back yard
covered patios
granite countertops
high ceilings
open-concept floor plan
stained concrete flooring

Building Details

Year built 2019
Listing Agency: Keller Williams Heritage · Keller Williams Realty
Listed By: Suzanne Kuntz · License #0626353
Added: Jul 27 Last Checked: Aug 4 at 3:06PM
MLS# 2003383

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 offers two residential units designed for comfortable, private living. Each side features three bedrooms and two full bathrooms, along with a fenced back yard and a two-car garage. Interiors include high ceilings and an open-concept layout. Flooring is stained concrete throughout, and each kitchen includes granite countertops and abundant cabinetry with generous workspace. The primary suite on each side provides private access to the backyard, with covered patios and a full sprinkler system supporting outdoor living.

The property is located on a corner lot at 310/312 Emma Drive in New Braunfels, TX (Guadalupe County). With its arrangement and separate back yard access for each unit, the layout is oriented toward independent day-to-day use.

The duplex provides a consistent unit plan across both sides, including stained concrete flooring, covered patio space, and fenced outdoor areas, creating a practical configuration for owner-occupied or income-focused strategies.

Key Highlights

  • 2019‑built duplex with Central Air
  • Each side offers 3 bedrooms and 2 full baths
  • 2‑car garage plus fenced back yard on each side

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 $42.9k $16.20
− Vacancy −$4.1k −$1.54
EGI $38.9k $14.66
− OpEx −$11.7k −$4.40
NOI $27.2k $10.26
2,650 SF · lease $16.20/SF/yr · vacancy 9.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$388.5K
$340.0K – $453.3K (±1% cap)
NOI $27,196 @ 7.0% cap · market cap 5.61%
Second Best
Apartment 5plus
$337.3K
$295.2K – $393.5K (±1% cap)
NOI $23,612 @ 7.0% cap · market cap 4.87%
Theoretical Best
Office A
$676.0K
$591.5K – $788.6K (±1% cap)
NOI $47,318 @ 7.0% cap · market cap 9.76%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Hair Salon Restaurant Bakery Spa & Massage Center Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

118
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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 - Duplex with two mirrored units, each offering three bedrooms, two baths, a fenced yard, and a two-car garage.
Where is this duplex located?
The property is located at 310 /312 Emma Drive New Braunfels, TX.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: 2019‑built duplex with Central Air; Each side offers 3 bedrooms and 2 full baths; 2‑car garage plus fenced back yard on each side
More about this property
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