Duplex with Private
For Sale
$315,000
239 Rosalie Dr, New Braunfels, TX 78130
Two well-maintained residences feature attached garages, open living areas, and individual outdoor spaces.
Property Size1,988 SF
Price / SF$158.45
Days on Market28
Property Features for 239 Rosalie Dr
General Information
Standard status
Active
Size
1,988 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/2BA
Multifamily Units
2
Parking per Unit
1
Additional Details
Highway Access
Yes
Amenities
private fenced backyards with covered patios
washer/dryer connections
Building Details
Year Built
2009
Buildings
1
Listing Agency:
Property Professionals, Inc
(210) 885-7189
Listed By:
Tyler Green · License #0700053
Source:
Texashomeguide
Added: Aug 5
Changed: Aug 31
Last Checked: Aug 30 at 8:39PM
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 Property Professionals, Inc
Investment Insights
Based on property information with market context.
Built in 2009, this 1,988-square-foot duplex contains two residences, each with 2 bedrooms, 2 full bathrooms, and an attached 1-car garage. Both units offer ceramic tile flooring throughout, open-concept living and dining areas, and washer/dryer connections in the garage. Fresh exterior paint adds to the property's maintained presentation.
Each residence includes a privately fenced backyard with a covered patio. The property is located at 239 Rosalie Dr in New Braunfels, just off Highway 46, providing a location near that established roadway while retaining separate outdoor areas for each unit.
Each residence includes a privately fenced backyard with a covered patio. The property is located at 239 Rosalie Dr in New Braunfels, just off Highway 46, providing a location near that established roadway while retaining separate outdoor areas for each unit.
Key Highlights
- 1,988 SF duplex with two 2‑bedroom, 2‑bathroom units
- Each unit includes an attached 1‑car garage
- Ceramic tile flooring throughout both residences
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,402
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.48%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$408,040
$408.0K
Cap Rate 7%
$291,457
$291.5K
Cap Rate 9%
$226,689
$226.7K
Market Conditions
NOI Build-Up for 1,988 SF
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.
Gross rent
$32.2K $16.20/SF
− Vacancy
−$3.1K −$1.54/SF
EGI
$29.1K $14.66/SF
− OpEx
−$8.7K −$4.40/SF
NOI
$20.4K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$408,040
Cap Rate 7%
$291,457
Cap Rate 9%
$226,689
Alternative Uses
Best Use
Multifamily LT 5
$291.5K
$255.0K – $340.0K
NOI $20,402 @ 7.0% cap · market cap 6.48%
Second Best
Apartment 5plus
$253.0K
$221.4K – $295.2K
NOI $17,713 @ 7.0% cap · market cap 5.62%
Theoretical Best
Office A
$507.1K
$443.7K – $591.6K
NOI $35,497 @ 7.0% cap · market cap 11.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
226
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two well-maintained residences feature attached garages, open living areas, and individual outdoor spaces.
Where is this duplex located?
The property is located at 239 Rosalie Dr New Braunfels, TX.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: 1,988 SF duplex with two 2‑bedroom, 2‑bathroom units; Each unit includes an attached 1‑car garage; Ceramic tile flooring throughout both residences
