Duplex with Private
For Sale
$485,000
310 /312 Emma Drive, New Braunfels, TX 78130
Multi-Family (2-8 Units), New Braunfels, TX
Property Size2,650 SF
Lot Size0.24 Acres
Price / SF$183.02
Days on Market95
Property Features for 310 /312 Emma Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Elementary school
Call District
Middle school
New Braunfel
Elementary school district
New Braunfels
Middle school district
New Braunfels
High school district
New Braunfels
Subdivision
2701
Standard status
Active
Size
2,650 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Annual Amount
6698
HOA Fee
$1,038 Annually
Utilities
Cooling system
Central Air
Amenities
fenced back yard
covered patios
Building Details
Year built
2019
Listing Agency:
Keller Williams Heritage · Keller Williams Realty
Listed By:
Suzanne Kuntz
(210) 493-3030
Added: Jul 27
Changed: Aug 19
Last Checked: Oct 29 at 11:06AM
MLS# 2003383
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 2019, this 2,650-square-foot duplex provides two separately arranged residences, each with 3 bedrooms, 2 full baths, and a 2-car garage. Interior features include high ceilings, open-concept living areas, granite kitchen countertops, extensive cabinetry, and stained concrete flooring. Central Air serves the property.
Both residences include fenced back yards, covered patios, and primary suites with direct backyard access. A full sprinkler system supports the outdoor areas, while the corner-lot setting contributes additional separation between the homes. The property occupies 0.24 acres in New Braunfels, Texas.
Both residences include fenced back yards, covered patios, and primary suites with direct backyard access. A full sprinkler system supports the outdoor areas, while the corner-lot setting contributes additional separation between the homes. The property occupies 0.24 acres in New Braunfels, Texas.
Key Highlights
- Duplex totals 2,650 square feet on a 0.24‑acre corner lot
- Each side offers 3 bedrooms, 2 full baths, and a 2‑car garage
- Built in 2019 with Central Air
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.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
95
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 - Two residences feature open layouts, private outdoor space, and durable finishes suited to comfortable daily living.
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: Duplex totals 2,650 square feet on a 0.24‑acre corner lot; Each side offers 3 bedrooms, 2 full baths, and a 2‑car garage; Built in 2019 with Central Air
