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    New Braunfels Duplex on Corner Lot Title is generated by Realmo AI

    723 Woodcrest, New Braunfels, TX 78130

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    For Sale
    $385,000

    MULTI_FAMILY - New Braunfels, TX

    Property size:
    2,432 SF
    Lot size:
    0.25 Acres
    Price / SF:
    $158/SF
    Added:
    Apr 28, 2026
    Days on Market:
    51
    Last Refresh:
    Jun 17 at 1:06 am

    Property Features for 723 Woodcrest

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Size
    2,432 SF
    Lot size
    0.25 Acres

    Taxes and HOA fees

    Tax Annual Amount
    7781

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    2004

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    Listing Contact
    Mark Hampton
    Mark Hampton

    Listing agent Mark Hampton License #0464012

    Listing office Keller Williams Heritage 1717 N. Loop 1604 E, San Antonio, TX

    Listing date Apr 28, 2026

    MLS# 1961995 Listing URL

    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.

    HighLights

    • Corner lot duplex conveniently located just inside loop 337.
    • Unit 725 has been remodeled with vinyl plank flooring and fresh paint; vacant and ready for a tenant.
    • Each unit features 2 bedrooms, 2 1/2 baths, and a one‑car garage.
    • Open concept living and dining area with ample natural light.
    • Spacious yard for both units.
    • Close proximity to shopping, dining (H‑E‑B Plus, NB Feed, BBQ), Guadalupe River, and parks (River Acres & Cypress Bend).

    Overview

    Located at 723 & 725 Woodcrest Circle in New Braunfels, this custom-built duplex resides on a corner lot conveniently situated just inside Loop 337. Each unit features 2 bedrooms, 2 1/2 baths, and a one-car garage. Upon entry, a short flight of stairs leads down to the bedrooms, two full bathrooms, the garage entry, and a laundry closet. The upper level encompasses a half bathroom, a kitchen, and an open-concept living and dining area with multiple windows providing natural light. Both units include a spacious yard. The 725 unit has been remodeled with vinyl plank flooring and fresh paint and is currently vacant and available for a new tenant. The property's location offers convenient access to shopping and dining, including local establishments such as H-E-B Plus, NB Feed, and various barbecue restaurants. Recreational opportunities are nearby, with the Guadalupe River, River Acres Park, and Cypress Bend Park located just a few blocks away. The property size is 2432 square feet and the lot size is 0.246 acres.

    Local 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 $39.4k $16.20
    − Vacancy −$3.7k −$1.54
    EGI $35.7k $14.66
    − OpEx −$10.7k −$4.40
    NOI $25.0k $10.26
    2,432 SF · lease $16.20/SF/yr · vacancy 9.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $356.6K
    $312.0K – $416.0K (±1% cap)
    NOI $24,959 @ 7.0% cap · market cap 6.48%
    Second Best
    Apartment 5plus
    $309.6K
    $270.9K – $361.2K (±1% cap)
    NOI $21,669 @ 7.0% cap · market cap 5.63%
    Theoretical Best
    Office A
    $620.4K
    $542.8K – $723.8K (±1% cap)
    NOI $43,425 @ 7.0% cap · market cap 11.28%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Building Supply Auto Repair Shop Big Box & Wholesale Store Accounting Firm Hotel & Motel Kitchen & Bath Showroom Department Store Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Braunfels
    County
    Comal
    State
    Texas
    Longitude
    -98.106613
    Latitude
    29.720298

    FAQs

    What type of property is this?
    Duplex - Custom-built duplex near Loop 337, convenient to amenities.
    Where is this duplex located?
    The property is located at 723 Woodcrest New Braunfels, TX.
    What is the asking price?
    The asking price for this property is $385,000.
    What are key features of this property?
    This property features: Corner lot duplex conveniently located just inside loop 337.; Unit 725 has been remodeled with **vinyl plank flooring and fresh paint**; vacant and ready for a tenant.; Each unit features **2 bedrooms, 2 1/2 baths, and a one‑car garage.**
    More about this property
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