Duplex with Covered
For Sale
$485,000
310-312 Emma Drive, New Braunfels, TX 78130
Two well-appointed residences offer private outdoor space, attached garages, and flexible owner-occupant or rental use.
Property Size2,650 SF
Price / SF$183.02
Days on Market185
Property Features for 310-312 Emma Drive
General Information
Standard status
Active
Size
2,650 SF
Total Parking Spaces
4
Property subtype
Multi-Family / One Story
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Parking per Unit
2
Additional Details
Sprinkler System
Yes
Taxes and HOA fees
Annual Taxes
$6,698
Amenities
fenced back yard
covered patios
Stained Concrete
Composition
Slab
Conventional, VA, Cash
Covered Patio
Building Details
Year Built
2019
Buildings
1
Listing Agency:
Keller Williams Heritage
Listed By:
Suzanne Kuntz · License #0626353
(210) 861-2920
Source:
Compass
Added: May 2
Changed: Nov 1
Last Checked: Nov 1 at 8:11AM
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 Keller Williams Heritage
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Investment Insights
Based on property information with market context.
Built in 2019, this 2,650-square-foot duplex includes two separate residences, each with 3 bedrooms, 2 full baths, a 2-car garage, and a fenced backyard. Both units feature high ceilings, open-concept living areas, stained concrete flooring, granite kitchen countertops, extensive cabinetry, and covered patios. The primary bedroom in each residence provides direct access to the backyard, while full sprinkler systems support the outdoor areas.
Positioned on a corner lot at 310-312 Emma Drive in New Braunfels, the property combines a residential layout with features suited to both rental occupancy and owner-occupied living. The two-unit configuration offers separate living spaces while maintaining consistent finishes and amenities throughout.
Positioned on a corner lot at 310-312 Emma Drive in New Braunfels, the property combines a residential layout with features suited to both rental occupancy and owner-occupied living. The two-unit configuration offers separate living spaces while maintaining consistent finishes and amenities throughout.
Key Highlights
- Two‑unit duplex totaling 2,650 SF
- Each side includes 3 bedrooms and 2 full baths
- Each residence has a 2‑car garage and fenced backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,196
Cap Rate
5.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$543,920
$543.9K
Cap Rate 7%
$388,514
$388.5K
Cap Rate 9%
$302,178
$302.2K
Market Conditions
NOI Build-Up for 2,650 SF
Gross rent
$42.9K $16.20/SF
− Vacancy
−$4.1K −$1.54/SF
EGI
$38.9K $14.66/SF
− OpEx
−$11.7K −$4.40/SF
NOI
$27.2K $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%
$543,920
Cap Rate 7%
$388,514
Cap Rate 9%
$302,178
Alternative Uses
Best Use
Multifamily LT 5
$388.5K
$340.0K – $453.3K
NOI $27,196 @ 7.0% cap · market cap 5.61%
Second Best
Apartment 5plus
$337.3K
$295.2K – $393.5K
NOI $23,612 @ 7.0% cap · market cap 4.87%
Theoretical Best
Office A
$676.0K
$591.5K – $788.6K
NOI $47,318 @ 7.0% cap · market cap 9.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
118
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
Frequently Asked Questions
What type of property is this?
Duplex - Two well-appointed residences offer private outdoor space, attached garages, and flexible owner-occupant or rental use.
Where is this duplex located?
The property is located at 310-312 Emma Drive New Braunfels, TX.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 2,650 SF; Each side includes 3 bedrooms and 2 full baths; Each residence has a 2‑car garage and fenced backyard
