Duplex With Two-Bedroom
For Sale
$279,000
1525 Eichen, New Braunfels, TX 78130
Two leased residences offer established occupancy near Goodwin Frazier Elementary.
Property Size1,800 SF
Price / SF$155
Days on Market67
Property Features for 1525 Eichen
General Information
Standard status
Active
Size
1,800 SF
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
2 x 2BR
Multifamily Units
2
Building Details
Year Built
1985
Buildings
1
Tenancy
Multi
Listing Agency:
GIC Properties
Listed By:
Robert Libby
(210) 821-1122
Source:
Texashomeguide
Added: Aug 12
Changed: Oct 3
Last Checked: Oct 16 at 1:25PM
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 GIC Properties
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Investment Insights
Based on property information with market context.
This 1,800-square-foot duplex contains two residences, each arranged with a two-bedroom floorplan. The property was built in 1985 and is occupied by long-term renters, providing an existing rental operation for a new owner.
Located at 1525 Eichen in New Braunfels, the duplex sits steps from Goodwin Frazier Elementary. Both units are currently rented, and tenant privacy should be maintained during any property visit.
Located at 1525 Eichen in New Braunfels, the duplex sits steps from Goodwin Frazier Elementary. Both units are currently rented, and tenant privacy should be maintained during any property visit.
Key Highlights
- Two‑unit duplex totaling 1,800 SF
- Each residence includes a 2‑bedroom floorplan
- Both units have long‑term renters
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,473
Cap Rate
6.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$369,460
$369.5K
Cap Rate 7%
$263,900
$263.9K
Cap Rate 9%
$205,256
$205.3K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$29.2K $16.20/SF
− Vacancy
−$2.8K −$1.54/SF
EGI
$26.4K $14.66/SF
− OpEx
−$7.9K −$4.40/SF
NOI
$18.5K $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%
$369,460
Cap Rate 7%
$263,900
Cap Rate 9%
$205,256
Alternative Uses
Best Use
Multifamily LT 5
$263.9K
$230.9K – $307.9K
NOI $18,473 @ 7.0% cap · market cap 6.62%
Second Best
Apartment 5plus
$229.1K
$200.5K – $267.3K
NOI $16,038 @ 7.0% cap · market cap 5.75%
Theoretical Best
Office A
$459.1K
$401.8K – $535.7K
NOI $32,140 @ 7.0% cap · market cap 11.52%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two leased residences offer established occupancy near Goodwin Frazier Elementary.
Where is this duplex located?
The property is located at 1525 Eichen New Braunfels, TX.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 1,800 SF; Each residence includes a 2‑bedroom floorplan; Both units have long‑term renters
