Duplex with Separate Unit
1502 Eichen Road, New Braunfels, TX 78130
For Sale
$309,000
Residential, New Braunfels, TX
Property Size1,818 SF
Lot Size0.26 Acres
Price / SF$169.97
Days on Market52
Property Features for 1502 Eichen Road
General Information
Property type
Property subtype
Bedrooms
Full bathrooms
Rooms
Parking features
Patio and Porch features
Interior features
Exterior features
Fencing
Appliances
Subdivision
Lot features
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Individually Metered Utilities
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Architectural style
Listing Agency:
Anders Pierce Realty, LLC
(830) 214-6002
Listed By:
Kyle Ritter · License TX #0790743
(830) 998-4412
Added: Sep 23
Changed: Nov 10
Last Checked: Nov 13 at 11:06PM
MLS# 626144
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 1,818-square-foot duplex contains two residences on a 0.258-acre corner lot. The units include three bedrooms and one bath on one side, and two bedrooms and one bath on the other. Each has a private entrance, full kitchen, full bath, and attached single-car garage with a separate driveway. Electric, water, sewer, and garbage are separately metered. The property was built in 1971 and includes a covered screened porch, concrete patio, and privacy-fenced backyard.
The property is in New Braunfels, within Comal County and Comal ISD. I-35, downtown New Braunfels, and the Comal and Guadalupe Rivers are nearby. One unit is leased; the other is vacant.
The property is in New Braunfels, within Comal County and Comal ISD. I-35, downtown New Braunfels, and the Comal and Guadalupe Rivers are nearby. One unit is leased; the other is vacant.
Key Highlights
- Two residences: one with 3 bedrooms and 1 bath; the other with 2 bedrooms and 1 bath
- 1,818 square feet on a 0.258‑acre corner lot
- Separate electric, water, sewer, and garbage meters for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,658
Cap Rate
6.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$373,160
$373.2K
Cap Rate 7%
$266,543
$266.5K
Cap Rate 9%
$207,311
$207.3K
Market Conditions
NOI Build-Up for 1,818 SF
Gross rent
$29.5K $16.20/SF
− Vacancy
−$2.8K −$1.54/SF
EGI
$26.7K $14.66/SF
− OpEx
−$8.0K −$4.40/SF
NOI
$18.7K $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%
$373,160
Cap Rate 7%
$266,543
Cap Rate 9%
$207,311
Alternative Uses
Best Use
Multifamily LT 5
$266.5K
$233.2K – $311.0K
NOI $18,658 @ 7.0% cap · market cap 6.04%
Second Best
Apartment 5plus
$231.4K
$202.5K – $270.0K
NOI $16,198 @ 7.0% cap · market cap 5.24%
Theoretical Best
Office A
$463.7K
$405.8K – $541.0K
NOI $32,462 @ 7.0% cap · market cap 10.51%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
473
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
$296,300
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in New Braunfels, TX
Properties on Market for Duplexes in New Braunfels
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - A corner-lot property offers two separately metered residences, each with its own driveway and attached garage.
Where is this duplex located?
The property is located at 1502 Eichen Road New Braunfels, TX.
What is the asking price?
The asking price for this property is $309,000.
What are key features of this property?
This property features: Two residences: one with 3 bedrooms and 1 bath; the other with 2 bedrooms and 1 bath; 1,818 square feet on a 0.258‑acre corner lot; Separate electric, water, sewer, and garbage meters for each unit
