Duplex with Fenced Backyard and
New
For Sale
$365,000
354-356 Bobolink, New Braunfels, TX 78130
MULTI_FAMILY - New Braunfels, TX
Property Size2,034 SF
Lot Size0.31 Acres
Price / SF$179.45
Days on Market1
Property Features for 354-356 Bobolink
General Information
Property type
Residential Multi Family
Property subtype
Other
Elementary school
Memorial
Middle school
New Braunfel
High school
New Braunfel
Elementary school district
New Braunfels
Middle school district
New Braunfels
High school district
New Braunfels
Subdivision
2707
Standard status
Active
Size
2,034 SF
Lot size
0.31 Acres
Taxes and HOA fees
Tax Annual Amount
6425
Utilities
Cooling system
Central Air
Building Details
Year built
1985
Listing Agency:
Keller Williams Heritage · Keller Williams Realty
(210) 493-3030
Listed By:
William Smith · License #0689273
(210) 493-3030
Added: Jul 30
Last Checked: Jul 30 at 8:06PM
MLS# 2004328
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.
Investment Insights
Based on property information with market context.
This well-maintained duplex includes two separate units. Each unit offers two bedrooms and two full bathrooms, with easy-to-maintain tile flooring and functional layouts. The property is cooled with central air. A new roof was installed approximately one month ago, and the building was constructed in 1985.
Set on a quiet cul-de-sac, the duplex features a spacious fenced backyard and an attached carport. A storage shed provides added space for lawn equipment, tools, or additional belongings. The property has no HOA, which can offer flexibility for owners and residents.
The arrangement supports both owner-occupant and two-tenant scenarios, with one unit living space and the other unit able to be rented. Conveniently located in New Braunfels near shopping, dining, schools, and entertainment, the property offers a practical setup for long-term residential living.
Set on a quiet cul-de-sac, the duplex features a spacious fenced backyard and an attached carport. A storage shed provides added space for lawn equipment, tools, or additional belongings. The property has no HOA, which can offer flexibility for owners and residents.
The arrangement supports both owner-occupant and two-tenant scenarios, with one unit living space and the other unit able to be rented. Conveniently located in New Braunfels near shopping, dining, schools, and entertainment, the property offers a practical setup for long-term residential living.
Key Highlights
- Two‑unit duplex with two bedrooms and two full bathrooms per unit
- Central air cooling
- New roof installed approximately one month ago
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.0k | $16.20 |
| − Vacancy | −$3.1k | −$1.54 |
| EGI | $29.8k | $14.66 |
| − OpEx | −$8.9k | −$4.40 |
| NOI | $20.9k | $10.26 |
2,034 SF · lease $16.20/SF/yr · vacancy 9.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$298.2K
$260.9K – $347.9K
NOI $20,874 @ 7.0% cap · market cap 5.72%
Second Best
Apartment 5plus
$258.9K
$226.5K – $302.1K
NOI $18,123 @ 7.0% cap · market cap 4.97%
Theoretical Best
Office A
$518.8K
$454.0K – $605.3K
NOI $36,319 @ 7.0% cap · market cap 9.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
629
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained duplex with two units, each with two bedrooms and two full bathrooms, plus a fenced backyard and attached carport.
Where is this duplex located?
The property is located at 354-356 Bobolink New Braunfels, TX.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Two‑unit duplex with two bedrooms and two full bathrooms per unit; Central air cooling; New roof installed approximately one month ago
