Remodeled
New
For Sale
$395,000
1314 S MESQUITE AVE, New Braunfels, TX 78130
Multi-Family (2-8 Units), New Braunfels, TX
Property Size2,239 SF
Lot Size0.35 Acres
Price / SF$176.42
Days on Market2
Property Features for 1314 S MESQUITE AVE
General Information
Property type
Residential Multi Family
Property subtype
Other
Elementary school
Lone Star Elementary
Middle school
New Braunfel
Elementary school district
New Braunfels
Middle school district
New Braunfels
High school district
New Braunfels
Subdivision
2623
Standard status
Active
Size
2,239 SF
Lot size
0.35 Acres
Taxes and HOA fees
Tax Annual Amount
5430
Utilities
Cooling system
Central Air
Building Details
Year built
1983
Listing Agency:
Vista Realty
Listed By:
Joshua Holden
(830) 643-0111
Added: Oct 21
Changed: Oct 22
Last Checked: Oct 22 at 4:06PM
MLS# 2025178
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.
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Investment Insights
Based on property information with market context.
This duplex contains 2,239 square feet across two residences: one with three bedrooms and two bathrooms, the other with two bedrooms and two bathrooms. Updates include fresh paint, new fixtures, quartz countertops, new flooring, and ceiling fans. Central air serves the property, which was built in 1983 and occupies a 0.349-acre lot.
The property is in New Braunfels near downtown and I-35. It is within NBISD.
The property is in New Braunfels near downtown and I-35. It is within NBISD.
Key Highlights
- Two residences: one 3‑bedroom, 2‑bath unit and one 2‑bedroom, 2‑bath unit
- 2,239 square feet on a 0.349‑acre lot
- Remodeling includes new quartz countertops, flooring, fixtures, paint, and ceiling fans
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,978
Cap Rate
5.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$459,560
$459.6K
Cap Rate 7%
$328,257
$328.3K
Cap Rate 9%
$255,311
$255.3K
Market Conditions
NOI Build-Up for 2,239 SF
Gross rent
$36.3K $16.20/SF
− Vacancy
−$3.4K −$1.54/SF
EGI
$32.8K $14.66/SF
− OpEx
−$9.8K −$4.40/SF
NOI
$23.0K $10.26/SF
Area
Comal County, TX
Vacancy
9.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$459,560
Cap Rate 7%
$328,257
Cap Rate 9%
$255,311
Alternative Uses
Best Use
Multifamily LT 5
$328.3K
$287.2K – $383.0K
NOI $22,978 @ 7.0% cap · market cap 5.82%
Second Best
Apartment 5plus
$285.0K
$249.4K – $332.5K
NOI $19,949 @ 7.0% cap · market cap 5.05%
Theoretical Best
Office A
$571.1K
$499.7K – $666.3K
NOI $39,979 @ 7.0% cap · market cap 10.12%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
415
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer a three-bedroom, two-bath layout and a two-bedroom, two-bath layout.
Where is this duplex located?
The property is located at 1314 S MESQUITE AVE New Braunfels, TX.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Two residences: one 3‑bedroom, 2‑bath unit and one 2‑bedroom, 2‑bath unit; 2,239 square feet on a 0.349‑acre lot; Remodeling includes new quartz countertops, flooring, fixtures, paint, and ceiling fans
