Four-Unit Apartment
For Sale
$765,000
3126 Douglas Fir, New Braunfels, TX 78130
Each residence has three bedrooms, two bathrooms, and private outdoor space.
Property Size6,028 SF
Price / SF$126.91
Days on Market64
Property Features for 3126 Douglas Fir
General Information
Standard status
Active
Size
6,028 SF
Property subtype
Multi-Family
Units
Unit Mix
4 x 3BR/2BA
Multifamily Units
4
Additional Details
Highway Access
Yes
Building Details
Year Built
2006
Listing Agency:
Keller Williams Heritage
Listed By:
Frank Bailey
(210) 897-9074
Source:
Mlsluxurygroup
Added: Aug 14
Changed: Oct 14
Last Checked: Oct 7 at 1:33PM
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.
This 6,028-square-foot quadplex, built in 2006, contains four residential units with consistent three-bedroom, two-bathroom layouts. The property includes functional floor plans and private outdoor space for each residence, creating a clearly defined multifamily configuration at 3126 Douglas Fir in New Braunfels.
The property is in the Evergreen Village area, with access to I-35 and nearby shopping and dining. Its location also provides connectivity to Randolph Air Force Base, Fort Sam Houston, and the San Antonio and Austin corridors.
The property is in the Evergreen Village area, with access to I-35 and nearby shopping and dining. Its location also provides connectivity to Randolph Air Force Base, Fort Sam Houston, and the San Antonio and Austin corridors.
Key Highlights
- Four‑unit quadplex with 6,028 SF of total property size
- Each unit includes 3 bedrooms and 2 bathrooms
- Private outdoor space provided for every unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,864
Cap Rate
8.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,237,280
$1.2M
Cap Rate 7%
$883,771
$883.8K
Cap Rate 9%
$687,378
$687.4K
Market Conditions
NOI Build-Up for 6,028 SF
Gross rent
$97.7K $16.20/SF
− Vacancy
−$9.3K −$1.54/SF
EGI
$88.4K $14.66/SF
− OpEx
−$26.5K −$4.40/SF
NOI
$61.9K $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%
$1,237,280
Cap Rate 7%
$883,771
Cap Rate 9%
$687,378
Alternative Uses
Best Use
Multifamily LT 5
$883.8K
$773.3K – $1.03M
NOI $61,864 @ 7.0% cap · market cap 8.09%
Second Best
Apartment 5plus
$767.3K
$671.4K – $895.2K
NOI $53,709 @ 7.0% cap · market cap 7.02%
Theoretical Best
Office A
$1.54M
$1.35M – $1.79M
NOI $107,635 @ 7.0% cap · market cap 14.07%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
219
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
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Each residence has three bedrooms, two bathrooms, and private outdoor space.
Where is this quadplex located?
The property is located at 3126 Douglas Fir New Braunfels, TX.
What is the asking price?
The asking price for this property is $765,000.
What are key features of this property?
This property features: Four‑unit quadplex with 6,028 SF of total property size; Each unit includes 3 bedrooms and 2 bathrooms; Private outdoor space provided for every unit
