Two-Unit Duplex with Covered
For Sale
$434,988
706 Saengerhalle Road, New Braunfels, TX 78130
Residential, New Braunfels, TX
Property Size2,738 SF
Lot Size0.19 Acres
Price / SF$158.87
Days on Market56
Property Features for 706 Saengerhalle Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Full bathrooms
4
Rooms
Bedroom 3, Bathroom 1, Bedroom 5, Bedroom 6, Bedroom 1, Bathroom 2, Bathroom 4, Bedroom 2, Bathroom 3, Bedroom 4
Interior features
CeilingFans, DoubleVanity, PullDownAtticStairs, TubShower, WalkInClosets, GraniteCounters, KitchenFamilyRoomCombo, KitchenDiningCombo, Pantry, SolidSurfaceCounters
Fencing
Privacy
Appliances
Dishwasher, ElectricRange, Disposal, Refrigerator, WaterHeater, SomeElectricAppliances, Microwave, Range
Subdivision
Saengerhalle Estates
Lot features
City Lot, Less Than Quarter Acre
Elementary school district
Comal ISD
Middle school district
Comal ISD
High school district
Comal ISD
Directions
From hwy 46, turn onto Saengerhalle road. Duplex will be on the right side.
Standard status
Active
APN
161315
Size
2,738 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
SAENGERHALLE ESTATES BLOCK 1 LOT 14 .19 AC
Tax Annual Amount
7948
HOA Fee
$275 Annually
Legal Description
SAENGERHALLE ESTATES BLOCK 1 LOT 14 .19 AC
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Water source
Public
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 with ceiling fan
fenced yard
full sod and sprinkler system
xeriscaped front yard
Building Details
Year built
2016
Floors in Building
1
Number of units
1
Flooring type
Concrete, Paintedstained
Roof type
Shingle, Composition
Architectural style
Other
Listing Agency:
Home Team of America
(210) 490-8000
Listed By:
Brian Jones · License #0633759
(830) 832-3533
Added: Aug 20
Changed: Oct 14
Last Checked: Oct 14 at 8:06PM
MLS# 623304
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.
Built in 2016, this duplex contains two matching residences, each with 1,369 square feet, three bedrooms and two bathrooms. Both feature open living areas beneath 11-foot ceilings, stained-concrete flooring, and primary bedrooms with 10-foot ceilings. Kitchens include granite counters, breakfast bars, pantries, 42-inch upper cabinets, refrigerators, dishwashers, built-in microwaves and electric ranges. Walk-in closets, indoor laundry rooms and shower-tub combinations add to each unit’s layout.
Each residence has a covered 10-by-20-foot patio with a ceiling fan, along with a fenced yard, sod and sprinkler system. The front landscaping is xeriscaped and maintained by the POA. The combined building area is 2,738 square feet on a 0.19-acre parcel.
The property is approximately 3.5 miles from Creekside shopping, dining and entertainment, and about 5 miles from downtown New Braunfels and Gruene Hall.
Each residence has a covered 10-by-20-foot patio with a ceiling fan, along with a fenced yard, sod and sprinkler system. The front landscaping is xeriscaped and maintained by the POA. The combined building area is 2,738 square feet on a 0.19-acre parcel.
The property is approximately 3.5 miles from Creekside shopping, dining and entertainment, and about 5 miles from downtown New Braunfels and Gruene Hall.
Key Highlights
- Two residences, each with 1,369 square feet, three bedrooms and two bathrooms
- 2,738‑square‑foot duplex on a 0.19‑acre parcel
- Built in 2016
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.
How Realmo checks its estimates
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Current Use
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
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer three bedrooms, two baths, stained-concrete floors and fenced yards.
Where is this duplex located?
The property is located at 706 Saengerhalle Road 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 residences, each with 1,369 square feet, three bedrooms and two bathrooms; 2,738‑square‑foot duplex on a 0.19‑acre parcel; Built in 2016
