Traditional Duplex with Central
For Sale
$429,999
923 Eikel, New Braunfels, TX 78130
MULTI_FAMILY - New Braunfels, TX
Property Size1,924 SF
Lot Size0.24 Acres
Price / SF$223.49
Days on Market135
Property Features for 923 Eikel
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RESIDENTIAL
Elementary school
New Braunfel
Middle school
New Braunfel
High school
New Braunfel
Elementary school district
New Braunfels
Middle school district
New Braunfels
High school district
New Braunfels
Subdivision
2622
Standard status
Active
Size
1,924 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Annual Amount
5600
Utilities
Cooling system
Central Air
Building Details
Year built
1970
Listing Agency:
Vortex Realty
(210) 647-6557
Listed By:
Michelle Barre
(210) 867-7700
Added: Mar 23
Changed: Apr 15
Last Checked: Aug 4 at 2:06AM
MLS# 1940523
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 traditional duplex includes central air and was built in 1970. The property sits on a 0.241-acre lot and totals 1,924 square feet.
Located at 923 Eikel in New Braunfels, TX (Comal County), the duplex is zoned residential. The setting is described as part of the Comal Creek area.
The existing duplex configuration and residential zoning make this property well suited for tenants seeking a self-contained rental arrangement in New Braunfels.
Located at 923 Eikel in New Braunfels, TX (Comal County), the duplex is zoned residential. The setting is described as part of the Comal Creek area.
The existing duplex configuration and residential zoning make this property well suited for tenants seeking a self-contained rental arrangement in New Braunfels.
Key Highlights
- Traditional duplex with central air
- Built in 1970
- 0.241‑acre lot
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 | $31.2k | $16.20 |
| − Vacancy | −$3.0k | −$1.54 |
| EGI | $28.2k | $14.66 |
| − OpEx | −$8.5k | −$4.40 |
| NOI | $19.7k | $10.26 |
1,924 SF · lease $16.20/SF/yr · vacancy 9.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$282.1K
$246.8K – $329.1K
NOI $19,745 @ 7.0% cap · market cap 4.59%
Second Best
Apartment 5plus
$244.9K
$214.3K – $285.7K
NOI $17,143 @ 7.0% cap · market cap 3.99%
Theoretical Best
Office A
$490.8K
$429.4K – $572.6K
NOI $34,355 @ 7.0% cap · market cap 7.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,729
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
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Frequently Asked Questions
What type of property is this?
Duplex - Traditional duplex with central air on a residentially zoned parcel in Comal County, New Braunfels
Where is this duplex located?
The property is located at 923 Eikel New Braunfels, TX.
What is the asking price?
The asking price for this property is $429,999.
What are key features of this property?
This property features: Traditional duplex with central air; Built in 1970; 0.241‑acre lot
