723 Woodcrest, New Braunfels, TX 78130
MULTI_FAMILY - New Braunfels, TX
- 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
Listing agent Mark Hampton License #0464012 (210) 493-3030
Listing office Keller Williams Heritage 1717 N. Loop 1604 E, San Antonio, TX (210) 493-3030
Listing date Apr 28, 2026
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
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Braunfels
- County
- Comal
- State
- Texas
- Longitude
- -98.106613
- Latitude
- 29.720298