Two-Unit Duplex with
3017 GREEN MOUNTAIN DR, New Braunfels, TX 78130
For Sale
$410,000
Multi-Family (2-8 Units), New Braunfels, TX
Property Size2,199 SF
Lot Size0.18 Acres
Price / SF$186.45
Days on Market50
Property Features for 3017 GREEN MOUNTAIN DR
General Information
Property type
Property subtype
Elementary school
Elementary school district
Middle school district
High school district
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Annual Amount
Building Details
Year built
Buildings
Listing Agency:
Home Team of America
(210) 490-8000
Listed By:
Edwin Perdomo
(281) 496-7500
Added: Sep 26
Changed: Nov 4
Last Checked: Nov 14 at 12:06AM
MLS# 1999895
Copyright © 2026 LERA MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 2004, this duplex contains 2,199 square feet across two residences: one with three bedrooms and two baths, and the other with two bedrooms and two baths. Each has a separate entrance, a fenced backyard, an open living and dining area, and a functional kitchen. Stained concrete floors are used throughout. The larger residence has a two-car garage; the other has a one-car garage. One unit may be delivered vacant at closing.
The property occupies 0.179 acres on a cul-de-sac in New Braunfels. IH-35, H-E-B, retail, restaurants, and schools are noted nearby. Mature trees and on-site parking are additional site features.
The property occupies 0.179 acres on a cul-de-sac in New Braunfels. IH-35, H-E-B, retail, restaurants, and schools are noted nearby. Mature trees and on-site parking are additional site features.
Key Highlights
- 2,199‑square‑foot duplex on 0.179 acres
- Built in 2004
- One 3‑bedroom, 2‑bath residence and one 2‑bedroom, 2‑bath residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,568
Cap Rate
5.50%
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 5.50%
Second Best
Apartment 5plus
$279.9K
$244.9K – $326.6K
NOI $19,593 @ 7.0% cap · market cap 4.78%
Theoretical Best
Office A
$560.9K
$490.8K – $654.4K
NOI $39,265 @ 7.0% cap · market cap 9.58%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
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
$296,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in New Braunfels, TX
Properties on Market for Duplexes in New Braunfels
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are occupied, with one potentially available vacant at closing.
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 $410,000.
What are key features of this property?
This property features: 2,199‑square‑foot duplex on 0.179 acres; Built in 2004; One 3‑bedroom, 2‑bath residence and one 2‑bedroom, 2‑bath residence
