Duplex with Two One-Bedroom
For Sale
$699,000
123 S Academy Ave, New Braunfels, TX 78130
Both units are furnished and operating as short-term rentals following a 2021 rehabilitation.
Property Size1,720 SF
Price / SF$406.40
Days on Market20
Property Features for 123 S Academy Ave
General Information
Standard status
Active
Size
1,720 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 1BR/1BA
Multifamily Units
2
Additional Details
Furnished
Yes
Business Included
Yes
Building Details
Year Built
1899
Year Renovated
2021
Buildings
1
Listing Agency:
Greenbelt Realty
(979) 308-1385
Listed By:
Sarah McDaniel (979) 308-1385 · License #0670476
Source:
Allcentraltxhomesforsale
Added: Aug 12
Changed: Aug 31
Last Checked: Aug 31 at 5:39PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Greenbelt Realty
Investment Insights
Based on property information with market context.
This duplex contains two matching one-bedroom, one-bath units, each arranged for short-term rental use. The property underwent a comprehensive rehabilitation in 2021 while retaining original wood walls and ceilings. Interior features include quartz countertops, gas cooking, and substantial kitchen storage, complemented by a metal roof and updated finishes. Furnishings and future bookings are included in the sale.
The property is positioned in downtown New Braunfels, within walking distance of restaurants, retail, the Saturday farmers market, and the rivers. Schlitterbahn is also described as being a short distance away. A neighboring sister property at 147 S Academy is available separately, offering the possibility of acquiring both adjacent short-term-rental properties.
The property is positioned in downtown New Braunfels, within walking distance of restaurants, retail, the Saturday farmers market, and the rivers. Schlitterbahn is also described as being a short distance away. A neighboring sister property at 147 S Academy is available separately, offering the possibility of acquiring both adjacent short-term-rental properties.
Key Highlights
- Two 1/1 units with matching layouts
- Rehabilitated in 2021
- Both units currently operate as short‑term rentals
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,970
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 - Both units are furnished and operating as short-term rentals following a 2021 rehabilitation.
Where is this duplex located?
The property is located at 123 S Academy Ave New Braunfels, TX.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Two 1/1 units with matching layouts; Rehabilitated in 2021; Both units currently operate as short‑term rentals
