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Duplex with Attached Garages
For Sale
$423,000

2213-2215 Avery Village, New Braunfels, TX 78130

Two three-bedroom units provide open layouts, private outdoor areas, and flexible occupancy options.

Property Size2,586 SF
Price / SF$163.57
Days on Market52

Property Features for 2213-2215 Avery Village

General Information

Standard status Active
Size 2,586 SF
Total Parking Spaces 4
Property subtype Multi-Family
Occupancy 50%

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2
Parking per Unit 2

Additional Details

Highway Access Yes

Building Details

Year Built 2018
Buildings 1
Listing Agency: Real Broker, LLC
Listed By: Julian Berg
Source: Sarahildebrandaguilera
Added: Aug 17 Changed: Sep 29 Last Checked: Oct 5 at 11:26PM

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 Real Broker, LLC

Investment Insights

Based on property information with market context.

Built in 2018, this 2,586-square-foot duplex contains two residential units, each with 3 bedrooms, 2 bathrooms, an open-concept layout, and an attached 2-car garage. Both units include generous living areas and private outdoor space. One unit is leased, while the other can support either owner occupancy or an additional rental arrangement.

The property is located in the Avery Park community within Comal ISD and offers access to IH-35. Downtown New Braunfels, the Gruene Historic District, Schlitterbahn, shopping, dining, and entertainment are all described as being minutes away. The address is 2213-2215 Avery Village, New Braunfels, TX 78130.

Key Highlights

  • 2,586‑square‑foot duplex built in 2018
  • Two units, each with 3 bedrooms and 2 bathrooms
  • Attached 2‑car garage for each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,539
Cap Rate
6.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$530,780 $530.8K
Cap Rate 7%
$379,129 $379.1K
Cap Rate 9%
$294,878 $294.9K
Market Conditions
NOI Build-Up for 2,586 SF
Gross rent
$41.9K $16.20/SF
− Vacancy
−$4.0K −$1.54/SF
EGI
$37.9K $14.66/SF
− OpEx
−$11.4K −$4.40/SF
NOI
$26.5K $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%
$530,780
Cap Rate 7%
$379,129
Cap Rate 9%
$294,878

Alternative Uses

Best Use
Multifamily LT 5
$379.1K
$331.7K – $442.3K (±1% cap)
NOI $26,539 @ 7.0% cap · market cap 6.27%
Second Best
Apartment 5plus
$329.2K
$288.0K – $384.0K (±1% cap)
NOI $23,041 @ 7.0% cap · market cap 5.45%
Theoretical Best
Office A
$659.6K
$577.2K – $769.6K (±1% cap)
NOI $46,175 @ 7.0% cap · market cap 10.92%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Building Supply Dental Office Hair Salon Auto Parts Store Pharmacy Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
50%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

118
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two three-bedroom units provide open layouts, private outdoor areas, and flexible occupancy options.
Where is this duplex located?
The property is located at 2213-2215 Avery Village New Braunfels, TX.
What is the asking price?
The asking price for this property is $423,000.
What are key features of this property?
This property features: 2,586‑square‑foot duplex built in 2018; Two units, each with 3 bedrooms and 2 bathrooms; Attached 2‑car garage for each unit
More about this property
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