Two-Unit Duplex with Attached
For Sale
$312,488
240 Rosalie Dr, New Braunfels, TX 78130
Both residences feature open living areas, split bedrooms, private primary baths, and attached one-car garages.
Property Size1,988 SF
Price / SF$157.19
Days on Market73
Property Features for 240 Rosalie Dr
General Information
Standard status
Active
Size
1,988 SF
Property subtype
Multi-Family
Building Details
Year Built
2009
Listing Agency:
Home Team of America
Listed By:
Brian Jones (210) 490-8000 · License #0633759
(830) 832-3533
Source:
Homeguidecentraltexas
Added: Aug 22
Changed: Nov 1
Last Checked: Nov 1 at 6:08AM
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 Home Team of America
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Investment Insights
Based on property information with market context.
Built in 2009, this duplex contains two residences within 1,988 square feet. Each unit provides a two-bedroom, two-bathroom layout with an attached one-car garage. Interior features include an open kitchen connected to the living area, split-bedroom placement, a private primary bathroom, a second full bath, and multiple closets for storage.
The property offers access to Highway 46 and I-35, with downtown New Braunfels, historic Gruene, the Comal and Guadalupe rivers, Schlitterbahn, shopping, and entertainment within the surrounding area. The two-unit configuration and consistent floor plans provide a straightforward residential income property format.
The property offers access to Highway 46 and I-35, with downtown New Braunfels, historic Gruene, the Comal and Guadalupe rivers, Schlitterbahn, shopping, and entertainment within the surrounding area. The two-unit configuration and consistent floor plans provide a straightforward residential income property format.
Key Highlights
- Two‑unit duplex with 1,988 square feet
- Each unit includes 2 bedrooms and 2 bathrooms
- Attached 1‑car garage for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,402
Cap Rate
6.53%
Suggested Prices Based on Cap Rates
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
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 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 6.53%
Second Best
Apartment 5plus
$253.0K
$221.4K – $295.2K
NOI $17,713 @ 7.0% cap · market cap 5.67%
Theoretical Best
Office A
$507.1K
$443.7K – $591.6K
NOI $35,497 @ 7.0% cap · market cap 11.36%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
226
Businesses Nearby
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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
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences feature open living areas, split bedrooms, private primary baths, and attached one-car garages.
Where is this duplex located?
The property is located at 240 Rosalie Dr New Braunfels, TX.
What is the asking price?
The asking price for this property is $312,488.
What are key features of this property?
This property features: Two‑unit duplex with 1,988 square feet; Each unit includes 2 bedrooms and 2 bathrooms; Attached 1‑car garage for each residence
