New Braunfels Investment
556 Gode Lane New Braunfels, TX 78130
556 Gode Lane, New Braunfels, TX, 78130
$485,000
For Sale
$485,000
COMMERCIAL - New Braunfels, TX
Property Size1,568 SF
Lot Size0.62 Acres
Price / SF$309.31
Days on Market457
Property Features for 556 Gode Lane
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C3
- Parking features
- Garage
- Vegetation
- Wooded
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- 38318
- Size
- 1,568 SF
- Lot size
- 0.62 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- MORNINGSIDE ACRES, BLOCK 1, LOT 10
- Tax Annual Amount
- 4629
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 1925
- Floors in Building
- 1
- Flooring type
- Vinyl, Wood
- Building materials
- VinylSiding
- Roof type
- Shingle, Composition, Metal
Listing Agency
House Hunters NB
(830) 312-8090
566 Willow Avenue, New Braunfels, TX
Listed by
Mercy Boatright-Wood · License #0664316
(830) 312-9289
Added: Apr 17, 2025 Checked: Jul 17 at 7:06 pm
MLS# 576747
Copyright © 2026 Central Texas Multiple Listing Service. 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 property presents an investment opportunity in New Braunfels, situated on a corner lot. It includes two separate homes, offering potential for multiple rental income streams or personal living arrangements. Additional office space is located nearby, presenting opportunities for generating extra income or for personal business use. The property is located near major shopping centers and provides easy access to the interstate.
Key Highlights
- Two separate homes provide options for rental income or multi‑generational living.
- Prime location in the heart of New Braunfels near major shopping centers.
- Spacious corner lot.
Local Financial Insights For Office B
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 | $34.6k | $22.08 |
| − Vacancy | −$6.1k | −$3.91 |
| EGI | $28.5k | $18.17 |
| − OpEx | −$7.1k | −$4.54 |
| NOI | $21.4k | $13.63 |
1,568 SF · lease $22.08/SF/yr · vacancy 17.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$305.3K
$267.1K – $356.2K
NOI $21,370 @ 7.0% cap · market cap 4.41%
Second Best
Apartment 5plus
$199.6K
$174.6K – $232.9K
NOI $13,971 @ 7.0% cap · market cap 2.88%
Theoretical Best
Office A
$400.0K
$350.0K – $466.6K
NOI $27,998 @ 7.0% cap · market cap 5.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Unique property featuring two homes and office space for income.
Where is this single family property located?
The property is located at 556 Gode Lane 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: Two separate homes provide options for rental income or multi‑generational living.; Prime location in the heart of New Braunfels near major shopping centers.; Spacious corner lot.
