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Two-Unit Duplex on Corner Lot

723 Woodcrest New Braunfels, TX 78130

Claim this Listing
New
For Sale
$370,000

MULTI_FAMILY - New Braunfels, TX

Property size:
2,432 SF
Lot size:
0.25 Acres
Price / SF:
$152/SF
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

Listing office Keller Williams Heritage 1717 N. Loop 1604 E, San Antonio, TX

Listing date Jul 9, 2026

MLS# 1961995 Listing URL

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.

723 & 725 Woodcrest Circle presents a custom-built duplex situated on a corner lot. Each unit is configured with two bedrooms and two full bathrooms downstairs, plus an upstairs half bathroom. The upstairs level includes the kitchen and an open concept living and dining area with multiple windows for natural light. A one-car garage, laundry closet, and access to each unit’s spacious yard are also part of the design.

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
2,432 SF · lease $16.20/SF/yr · vacancy 9.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$356.6K
$312.0K – $416.0K (±1% cap)
NOI $24,959 @ 7.0% cap · market cap 6.75%
Second Best
Apartment 5plus
$309.6K
$270.9K – $361.2K (±1% cap)
NOI $21,669 @ 7.0% cap · market cap 5.86%
Theoretical Best
Office A
$620.4K
$542.8K – $723.8K (±1% cap)
NOI $43,425 @ 7.0% cap · market cap 11.74%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Restaurant Building Supply Real Estate Agency Big Box & Wholesale Store Kitchen & Bath Showroom Grocery & Convenience Store Plumbing Service Bakery Locksmith Cafe & Coffee Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Custom duplex with two bedrooms, multiple baths, and a one-car garage per unit on a corner lot.
Where is this duplex located?
The property is located at 723 Woodcrest New Braunfels, TX.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: 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.**
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