Matching-Layout
For Sale
$434,988
706 Saengerhalle Rd, New Braunfels, TX 78130
Two rental residences feature consistent finishes, private yards, and covered outdoor living areas.
Property Size2,738 SF
Price / SF$158.87
Days on Market58
Property Features for 706 Saengerhalle Rd
General Information
Standard status
Active
Size
2,738 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Amenities
granite countertops
breakfast bar
pantry
recessed lighting
42-inch upper cabinets
vaulted ceilings
ceiling fans
walk-in closets
shower/tub combinations
indoor laundry rooms
garage-door openers
covered patio
fenced yard
Building Details
Year Built
2016
Listing Agency:
Home Team of America
Listed By:
Brian Jones (210) 490-8000 · License #0633759
(210) 490-8000
Source:
Homeguidecentraltexas
Added: Aug 21
Changed: Oct 15
Last Checked: Oct 16 at 9:10AM
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 Home Team of America
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Investment Insights
Based on property information with market context.
Built in 2016, this duplex contains two matching residences totaling 2,738 square feet. Each unit measures 1,369 sq ft and includes three bedrooms, two baths, an open living area, stained-concrete floors, and elevated ceilings. Kitchens are equipped with granite counters, breakfast bars, pantries, recessed lighting, 42-inch upper cabinets, refrigerators, dishwashers, built-in microwaves, and electric ranges. Interior amenities include walk-in closets, indoor laundry rooms, ceiling fans, shower/tub combinations, and garage-door openers.
Both units extend to a 10-by-20-foot covered patio with a ceiling fan, fenced yard, full sod, and sprinkler system. The front landscaping is xeriscaped and maintained by the POA. The property is located approximately 3.5 miles from Creekside shopping, restaurants, and entertainment, and approximately 5 miles from downtown New Braunfels and historic Gruene Hall. The address is 706 & 708 Saengerhalle Rd, New Braunfels, TX 78130.
Both units extend to a 10-by-20-foot covered patio with a ceiling fan, fenced yard, full sod, and sprinkler system. The front landscaping is xeriscaped and maintained by the POA. The property is located approximately 3.5 miles from Creekside shopping, restaurants, and entertainment, and approximately 5 miles from downtown New Braunfels and historic Gruene Hall. The address is 706 & 708 Saengerhalle Rd, New Braunfels, TX 78130.
Key Highlights
- Two‑unit duplex with matching 3‑bedroom, 2‑bath floor plans
- Each unit contains 1,369 sq ft; total property size is 2,738 sq ft
- Built in 2016 with stained‑concrete flooring and no carpet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,099
Cap Rate
6.46%
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 6.46%
Second Best
Apartment 5plus
$348.5K
$305.0K – $406.6K
NOI $24,396 @ 7.0% cap · market cap 5.61%
Theoretical Best
Office A
$698.4K
$611.1K – $814.8K
NOI $48,889 @ 7.0% cap · market cap 11.24%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
86
Businesses Nearby
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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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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two rental residences feature consistent finishes, private yards, and covered outdoor living areas.
Where is this duplex located?
The property is located at 706 Saengerhalle Rd New Braunfels, TX.
What is the asking price?
The asking price for this property is $434,988.
What are key features of this property?
This property features: Two‑unit duplex with matching 3‑bedroom, 2‑bath floor plans; Each unit contains 1,369 sq ft; total property size is 2,738 sq ft; Built in 2016 with stained‑concrete flooring and no carpet
