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Four-Unit Apartment Building
For Sale
$755,000

3126 Douglas Fir, New Braunfels, TX 78130

Multi-Family (2-8 Units), New Braunfels, TX

Property Size6,028 SF
Lot Size0.35 Acres
Price / SF$125.25
Days on Market142

Property Features for 3126 Douglas Fir

General Information

Property type Residential Multi Family
Property subtype Other
Elementary school Call District
Middle school Call District
High school Call District
Elementary school district Comal
Middle school district Comal
High school district Comal
Subdivision 2705
Standard status Active
Size 6,028 SF
Lot size 0.35 Acres

Taxes and HOA fees

Tax Annual Amount 0

Building Details

Year built 2006
Listing Agency: Keller Williams Heritage · Keller Williams Realty
Listed By: Frank Bailey
Added: May 28 Changed: Oct 11 Last Checked: Oct 16 at 9:06PM
MLS# 1970360

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.

This fourplex contains four residential units, each arranged with three bedrooms and two bathrooms. Private outdoor space is included with every unit, providing an additional feature within each floor plan. The property was built in 2006 and includes 6,028 square feet on a 0.353-acre site.

Located at 3126 Douglas Fir in New Braunfels, the property is minutes from I-35, with access to Randolph Air Force Base and Fort Sam Houston. Shopping, dining, and the broader New Braunfels area are also nearby. Its four-unit configuration and consistent three-bedroom, two-bath layout establish a straightforward multifamily format for a buyer seeking residential income property.

Key Highlights

  • Four‑unit multifamily property with four 3‑bedroom / 2‑bath residences
  • 6,028 square feet on a 0.353‑acre site
  • Each unit includes private outdoor space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$61,864
Cap Rate
8.19%
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 (±1% cap)
NOI $61,864 @ 7.0% cap · market cap 8.19%
Second Best
Apartment 5plus
$767.3K
$671.4K – $895.2K (±1% cap)
NOI $53,709 @ 7.0% cap · market cap 7.11%
Theoretical Best
Office A
$1.54M
$1.35M – $1.79M (±1% cap)
NOI $107,635 @ 7.0% cap · market cap 14.26%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Spa & Massage Center Restaurant Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

219
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four residences feature three-bedroom, two-bath layouts with private outdoor areas.
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 $755,000.
What are key features of this property?
This property features: Four‑unit multifamily property with four 3‑bedroom / 2‑bath residences; 6,028 square feet on a 0.353‑acre site; Each unit includes private outdoor space
More about this property
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