2213-2215 AVERY VILLAGE, New Braunfels, TX 78130
MULTI_FAMILY - New Braunfels, TX
Property Features for 2213-2215 AVERY VILLAGE
General Information
Taxes and HOA fees
Building Details
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Investment Insights
Based on property information with market context.
The property is located in the Avery Park community in New Braunfels, Texas, in the Comal ISD. The remarks indicate the home is just minutes from IH-35 and within close proximity to downtown New Braunfels, Gruene Historic District, Schlitterbahn, and nearby shopping, dining, and entertainment.
For tenants, the layout provides multiple bedrooms and two bathrooms within each unit, with common-living space designed around an open-concept plan and access to private outdoor areas. For owner-occupants, the duplex format can support a house-hack style arrangement, while investors benefit from the opportunity to own a property with one unit already leased and the other unit offering flexibility. The current leasing detail and the unit-by-unit configuration may appeal to buyers seeking manageable scale in a duplex setting.
Key Highlights
- 2018‑built duplex with two units in the Avery Park community
- Each unit features 3 bedrooms and 2 bathrooms with an open‑concept floor plan
- One unit is currently leased for $1,525 per month, providing immediate rental income
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 | $41.9k | $16.20 |
| − Vacancy | −$4.0k | −$1.54 |
| EGI | $37.9k | $14.66 |
| − OpEx | −$11.4k | −$4.40 |
| NOI | $26.5k | $10.26 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 78130, TX
Market
Vacancy Rate% for Multifamily in South region