723 Woodcrest New Braunfels, TX 78130
MULTI_FAMILY - New Braunfels, TX
- Added:
- Jul 9, 2026
- Days on Market:
- 3
- Last Refresh:
- Jul 11 at 4:06 pm
Property Features for 723 Woodcrest
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- Size
- 2,432 SF
- Lot size
- 0.25 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7781
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 2004
Listing agent Mark Hampton License #0464012 (210) 493-3030
Listing office Keller Williams Heritage 1717 N. Loop 1604 E, San Antonio, TX (210) 493-3030
Listing date Jul 9, 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 725 unit has been remodeled with vinyl plank flooring and fresh paint and is currently vacant and available for a new tenant. The property is just inside Loop 337 and convenient to local shopping and dining, with recreational options a few blocks away near the Guadalupe River, River Acres Park, and Cypress Bend Park.
This duplex offers a straightforward two-unit residential income configuration with yard space attached to both units.
Key Highlights
- Corner lot duplex conveniently located just inside loop 337.
- Unit 725 has been remodeled with vinyl plank flooring and fresh paint; vacant and ready for a tenant.
- Each unit features 2 bedrooms, 2 1/2 baths, and a one‑car garage.
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 | $39.4k | $16.20 |
| − Vacancy | −$3.7k | −$1.54 |
| EGI | $35.7k | $14.66 |
| − OpEx | −$10.7k | −$4.40 |
| NOI | $25.0k | $10.26 |