Single-Story Duplex with
For Sale
$499,000
698 SAENGERHALLE RD, New Braunfels, TX 78130
Multi-Family (2-8 Units), New Braunfels, TX
Property Size2,738 SF
Lot Size0.26 Acres
Price / SF$182.25
Days on Market48
Property Features for 698 SAENGERHALLE RD
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
2707
Standard status
Active
Size
2,738 SF
Lot size
0.26 Acres
Taxes and HOA fees
Tax Annual Amount
7075
HOA Fee
$675 Annually
Utilities
Cooling system
Central Air
Amenities
washer/dryer connections
ceiling fans
xeriscape front yard
privacy-fenced backyard
Building Details
Year built
2016
Listing Agency:
Clark Realty & Associates,LLC
Listed By:
Kevin Clark
(210) 655-5355
Added: Sep 2
Last Checked: Oct 19 at 3:06PM
MLS# 2013463
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.
Built in 2016, this single-story duplex contains two residential units, each with 3 bedrooms and 2 bathrooms. The property totals 2,738 square feet on a 0.26-acre lot. Central air, washer and dryer connections, and ceiling fans in the living rooms and primary bedrooms provide established residential functionality. A two-car garage adds enclosed parking and storage, while the xeriscaped front yard reduces landscaping needs.
The property is located at 698 Saengerhalle Rd in New Braunfels, Texas, within Guadalupe County. Outdoor space includes a privacy-fenced backyard, offering a defined area beyond the interior living spaces. The duplex configuration and balanced unit layout provide a straightforward multifamily property profile.
The property is located at 698 Saengerhalle Rd in New Braunfels, Texas, within Guadalupe County. Outdoor space includes a privacy-fenced backyard, offering a defined area beyond the interior living spaces. The duplex configuration and balanced unit layout provide a straightforward multifamily property profile.
Key Highlights
- Two‑unit duplex with 3 bedrooms and 2 bathrooms per unit
- 2,738 square feet on a 0.26‑acre lot
- Built in 2016
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,099
Cap Rate
5.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$561,980
$562.0K
Cap Rate 7%
$401,414
$401.4K
Cap Rate 9%
$312,211
$312.2K
Market Conditions
NOI Build-Up for 2,738 SF
Gross rent
$44.4K $16.20/SF
− Vacancy
−$4.2K −$1.54/SF
EGI
$40.1K $14.66/SF
− OpEx
−$12.0K −$4.40/SF
NOI
$28.1K $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%
$561,980
Cap Rate 7%
$401,414
Cap Rate 9%
$312,211
Alternative Uses
Best Use
Multifamily LT 5
$401.4K
$351.2K – $468.3K
NOI $28,099 @ 7.0% cap · market cap 5.63%
Second Best
Apartment 5plus
$348.5K
$305.0K – $406.6K
NOI $24,396 @ 7.0% cap · market cap 4.89%
Theoretical Best
Office A
$698.4K
$611.1K – $814.8K
NOI $48,889 @ 7.0% cap · market cap 9.80%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
86
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?
Duplex - Two three-bedroom units offer central air, laundry connections, and a privacy-fenced backyard.
Where is this duplex located?
The property is located at 698 SAENGERHALLE RD New Braunfels, TX.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Two‑unit duplex with 3 bedrooms and 2 bathrooms per unit; 2,738 square feet on a 0.26‑acre lot; Built in 2016
