Duplex with Owner-Occupancy
For Sale
$415,000
3017 Green Mountain Dr, New Braunfels, TX 78130
Two separately entered residences offer private outdoor space and distinct garage configurations.
Property Size2,199 SF
Price / SF$188.72
Days on Market83
Property Features for 3017 Green Mountain Dr
General Information
Standard status
Active
Size
2,199 SF
Property subtype
Multi-Family
Building Details
Year Built
2004
Listing Agency:
Home Team of America
Listed By:
Edwin Perdomo
(281) 496-7500
Source:
Kingdomtxrealty
Added: Jul 27
Changed: Oct 14
Last Checked: Oct 7 at 12:55PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2004, this 2,199-square-foot duplex contains two independent residences, each with a private entrance and fenced backyard. One residence includes 3 bedrooms, 2 baths, and a two-car garage; the other provides 2 bedrooms, 2 baths, and a one-car garage. Open living and dining areas, functional kitchens, and stained concrete flooring serve both units. Both residences are currently occupied, while one unit may be delivered vacant at closing for an owner-occupant arrangement.
The property sits on a quiet cul-de-sac with mature trees and ample parking. Its New Braunfels setting places the duplex minutes from IH-35, H-E-B, shopping, restaurants, schools, and local destinations, supporting convenient access for residents and commuters.
The property sits on a quiet cul-de-sac with mature trees and ample parking. Its New Braunfels setting places the duplex minutes from IH-35, H-E-B, shopping, restaurants, schools, and local destinations, supporting convenient access for residents and commuters.
Key Highlights
- 2,199‑square‑foot duplex built in 2004
- One 3‑bedroom, 2‑bath unit with a two‑car garage
- One 2‑bedroom, 2‑bath unit with a one‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,568
Cap Rate
5.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$451,360
$451.4K
Cap Rate 7%
$322,400
$322.4K
Cap Rate 9%
$250,756
$250.8K
Market Conditions
NOI Build-Up for 2,199 SF
Gross rent
$35.6K $16.20/SF
− Vacancy
−$3.4K −$1.54/SF
EGI
$32.2K $14.66/SF
− OpEx
−$9.7K −$4.40/SF
NOI
$22.6K $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%
$451,360
Cap Rate 7%
$322,400
Cap Rate 9%
$250,756
Alternative Uses
Best Use
Multifamily LT 5
$322.4K
$282.1K – $376.1K
NOI $22,568 @ 7.0% cap · market cap 5.44%
Second Best
Apartment 5plus
$279.9K
$244.9K – $326.6K
NOI $19,593 @ 7.0% cap · market cap 4.72%
Theoretical Best
Office A
$560.9K
$490.8K – $654.4K
NOI $39,265 @ 7.0% cap · market cap 9.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
197
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separately entered residences offer private outdoor space and distinct garage configurations.
Where is this duplex located?
The property is located at 3017 Green Mountain Dr New Braunfels, TX.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: 2,199‑square‑foot duplex built in 2004; One 3‑bedroom, 2‑bath unit with a two‑car garage; One 2‑bedroom, 2‑bath unit with a one‑car garage
