Duplex with Two Rented
198 West Street New Braunfels, TX 78130
198 West Street, New Braunfels, TX, 78130
$345,000
For Sale
$345,000
MULTI_FAMILY - Ranch - New Braunfels, TX
Property Size2,328 SF
Lot Size0.37 Acres
Price / SF$148.20
Days on Market296
Property Features for 198 West Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Parking features
- Garage
- Interior features
- Bookcases, BuiltInFeatures, CeilingFans, CustomCabinets, KitchenDiningCombo
- Fireplace
- 1
- Appliances
- Dishwasher, ElectricWaterHeater, SomeElectricAppliances
- Standard status
- Active
- APN
- 26028
- Size
- 2,328 SF
- Lot size
- 0.37 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOT 16 BLOCK A, GUADA COMA ESTATES, UNIT ONE
Utilities
- Sewer type
- Septic Tank, Public Sewer
- Heating system
- Electric (Heating)
- Water source
- Public
Building Details
- Year built
- 1981
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Carpet, Linoleum
- Building materials
- Brick, Masonry
- Roof type
- Shingle, Composition
- Architectural style
- Ranch
Listing agency
Homecity Real Estate
(830) 625-8061
Listed by
Sandra Nolte · License #0330487
(830) 708-1219
Added: Sep 29, 2025 Updated: Jul 18 at 9:34AM Checked: Jul 21 at 9:06PM
MLS# 593757
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.
Investment Insights
Based on property information with market context.
This duplex is configured as two separate residential units. Side one features a 2-bedroom, 2-bath layout with a garage. Side two offers a 3-bedroom, 2-bath arrangement with no garage. The property is a ranch-style income property with a total building size of 2,328 square feet and sits on approximately 0.37 acres.
Located in New Braunfels, Texas, the property is described as being in a “nice neighborhood” with large lots and trees. Access to New Braunfels and Seguin is noted as being easy, which can be practical for residents commuting within the area.
From an ownership standpoint, the duplex is positioned for investor interest because both sides are currently rented. The unit mix provides two different layouts, with one unit including a garage and the other offering a slightly larger bedroom count. With two distinct homes under one roof, the property may appeal to buyers looking for a straightforward multifamily structure while keeping day-to-day residential tenancy centered on separate, self-contained units.
Located in New Braunfels, Texas, the property is described as being in a “nice neighborhood” with large lots and trees. Access to New Braunfels and Seguin is noted as being easy, which can be practical for residents commuting within the area.
From an ownership standpoint, the duplex is positioned for investor interest because both sides are currently rented. The unit mix provides two different layouts, with one unit including a garage and the other offering a slightly larger bedroom count. With two distinct homes under one roof, the property may appeal to buyers looking for a straightforward multifamily structure while keeping day-to-day residential tenancy centered on separate, self-contained units.
Key Highlights
- Duplex with two units: Unit 1 has 2BR/2BA and includes a garage; Unit 2 has 3BR/2BA with no garage
- Both sides are currently rented, making it an investor property with income‑producing units
- Ranch‑style duplex built in 1981 with brick/masonry construction
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $37.7k | $16.20 |
| − Vacancy | −$3.6k | −$1.54 |
| EGI | $34.1k | $14.66 |
| − OpEx | −$10.2k | −$4.40 |
| NOI | $23.9k | $10.26 |
2,328 SF · lease $16.20/SF/yr · vacancy 9.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$341.3K
$298.7K – $398.2K
NOI $23,892 @ 7.0% cap · market cap 6.93%
Second Best
Apartment 5plus
$296.3K
$259.3K – $345.7K
NOI $20,742 @ 7.0% cap · market cap 6.01%
Theoretical Best
Office A
$593.8K
$519.6K – $692.8K
NOI $41,568 @ 7.0% cap · market cap 12.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Two-unit duplex offers a 2-bedroom/2-bath with garage plus a 3-bedroom/2-bath without, both currently rented.
Where is this duplex located?
The property is located at 198 West Street New Braunfels, TX.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: Duplex with two units: Unit 1 has 2BR/2BA and includes a garage; Unit 2 has 3BR/2BA with no garage; Both sides are currently rented, making it an investor property with income‑producing units; Ranch‑style duplex built in 1981 with brick/masonry construction
