Updated Duplex with Two Floor
For Sale
$395,000
1314 S Mesquite Avenue, New Braunfels, TX 78130
Residential, New Braunfels, TX
Property Size2,239 SF
Lot Size0.35 Acres
Price / SF$176.42
Days on Market8
Property Features for 1314 S Mesquite Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Full bathrooms
4
Rooms
Bathroom 4, Bedroom 5, Bedroom 2, Bathroom 3, Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 4, Bathroom 2
Interior features
Attic, CeilingFans, PullDownAtticStairs, QuartzCounters, TubShower, WalkInClosets, BedroomOnMainLevel, KitchenFamilyRoomCombo, KitchenDiningCombo, Pantry, SolidSurfaceCounters
Appliances
Dishwasher, ElectricRange, Disposal, SomeElectricAppliances, Microwave, Range
Subdivision
Green Meadows 9
Lot features
City Lot, Mature Trees, Quarter To Half Acre Lot
Elementary school district
New Braunfels ISD
Middle school district
New Braunfels ISD
High school district
New Braunfels ISD
Directions
From I35 North. exit Walnut Ave and take a right on S Mesquite Ave.
Standard status
Active
APN
29049
Size
2,239 SF
Lot size
0.35 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
GREEN MEADOWS 9, BLOCK 15, LOT 13
Tax Annual Amount
5430
Legal Description
GREEN MEADOWS 9, BLOCK 15, LOT 13
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
1983
Floors in Building
1
Number of units
1
Flooring type
Vinyl, Carpet, Laminate
Building materials
Brick
Architectural style
Other
Listing Agency:
Vista Realty
(830) 643-0111
Listed By:
Joshua Holden · License #0671284
(830) 832-6966
Added: Oct 21
Changed: Oct 27
Last Checked: Oct 28 at 7:06PM
MLS# 628290
Copyright © 2026 Central Texas Multiple Listing Service. 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 2,239-square-foot duplex contains two residences: one with three bedrooms and two bathrooms, and another with two bedrooms and two bathrooms. Built in 1983, the brick property has received updates that include paint, fixtures, quartz countertops, flooring and ceiling fans. Interior features include walk-in closets, a pantry, attic access and combined kitchen and family-room space. Public water and sewer serve the property, and central electric heating and cooling are in place.
The 0.3485-acre property is near downtown New Braunfels and I-35. It is within the New Braunfels Independent School District.
The 0.3485-acre property is near downtown New Braunfels and I-35. It is within the New Braunfels Independent School District.
Key Highlights
- Two residences: one 3‑bedroom, 2‑bath layout and one 2‑bedroom, 2‑bath layout
- 2,239 square feet on a 0.3485‑acre lot
- Interior updates include 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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Lease Details
2
Residential units
Yes
Highway access
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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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - The two residences offer three-bedroom, two-bath and two-bedroom, two-bath layouts.
Where is this duplex located?
The property is located at 1314 S Mesquite Avenue 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 layout and one 2‑bedroom, 2‑bath layout; 2,239 square feet on a 0.3485‑acre lot; Interior updates include quartz countertops, flooring, fixtures, paint and ceiling fans
