Duplex with Covered
New
For Sale
$475,000
322/324 Emma Dr, New Braunfels, TX 78130
Separate electric and water service are provided for the property.
Property Size2,560 SF
Price / SF$185.55
Days on Market3
Property Features for 322/324 Emma Dr
General Information
Standard status
Active
Size
2,560 SF
Property subtype
Multi-Family
Amenities
open kitchen
recessed lighting
granite countertops
42-inch cabinets
backsplash lighting
stainless steel appliances
covered patio
sod/sprinkler package
Carpeting,Ceramic Tile,Vinyl
Electric
2
Separate Electric,Separate Water
Composition
Brick,Siding
0.186
Slab
Patio Slab,Covered Patio,Unimproved Water Front
Building Details
Building Size
2,560 SF
Year Built
2025
Listing Agency:
TRU Real Estate Group
(210) 505-2600
Listed By:
Joshua Gutierrez
(210) 339-2932
Source:
Malouffrealty
Added: Oct 29
Last Checked: Oct 29 at 2:38PM
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 TRU Real Estate Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2025, this 2,560-square-foot duplex has an open kitchen with recessed lighting, granite countertops, 42-inch cabinets, backsplash lighting, and stainless steel appliances. The property includes a covered patio, sod and sprinkler package, and a slab foundation. Exterior materials include brick and siding, with a composition roof.
The property occupies 0.186 acres. Electric and water service are separately provided.
The property occupies 0.186 acres. Electric and water service are separately provided.
Key Highlights
- 2,560 SF duplex built in 2025
- 0.186‑acre parcel
- Separate electric and water service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,273
Cap Rate
5.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$525,460
$525.5K
Cap Rate 7%
$375,329
$375.3K
Cap Rate 9%
$291,922
$291.9K
Market Conditions
NOI Build-Up for 2,560 SF
Gross rent
$41.5K $16.20/SF
− Vacancy
−$3.9K −$1.54/SF
EGI
$37.5K $14.66/SF
− OpEx
−$11.3K −$4.40/SF
NOI
$26.3K $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%
$525,460
Cap Rate 7%
$375,329
Cap Rate 9%
$291,922
Alternative Uses
Best Use
Multifamily LT 5
$375.3K
$328.4K – $437.9K
NOI $26,273 @ 7.0% cap · market cap 5.53%
Second Best
Apartment 5plus
$325.9K
$285.1K – $380.2K
NOI $22,810 @ 7.0% cap · market cap 4.80%
Theoretical Best
Office A
$653.0K
$571.4K – $761.9K
NOI $45,711 @ 7.0% cap · market cap 9.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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 - Separate electric and water service are provided for the property.
Where is this duplex located?
The property is located at 322/324 Emma Dr New Braunfels, TX.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 2,560 SF duplex built in 2025; 0.186‑acre parcel; Separate electric and water service
