New Braunfels Duplex on Corner
957 / 959 Misty Acres Drive, New Braunfels, TX 78130
New
MULTI_FAMILY - Contemporary - New Braunfels, TX
Property size:
3,408 SFLot size:
0.30 AcresPrice / SF:
$124/SF- Added:
- May 22, 2026
- Days on Market:
- 2
- Last Refresh:
- May 23 at 7:06 am
Property Features for 957 / 959 Misty Acres Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Rooms
- Bedroom 4, Bathroom 1, Bedroom 3, Bathroom 3, Bathroom 2, Bedroom 2, Bedroom 5, Bedroom 1, Bathroom 4
- Parking features
- Garage
- Interior features
- CeilingFans, DoubleVanity, TubShower, BreakfastBar, KitchenFamilyRoomCombo, KitchenDiningCombo
- Fencing
- Privacy
- Fireplace
- 1
- Appliances
- ElectricRange, WaterHeater, SomeElectricAppliances, Microwave, Range
- Standard status
- Active
- APN
- 103427
- Size
- 3,408 SF
- Lot size
- 0.30 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- MISTY ACRES 2, BLOCK 3, LOT 1A
- Tax Annual Amount
- 9872
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 2003
- Floors in Building
- 2
- Number of units
- 1
- Flooring type
- Vinyl, Tile
- Building materials
- Brick
- Roof type
- Shingle, Composition
- Architectural style
- Contemporary
Listing agent Brian Jones License #0633759 (830) 832-3533
Listing office Home Team of America 16719 Huebner Rd, SAN ANTONIO, TX (210) 490-8000
Listing date May 22, 2026
MLS# 614642
Listing URL
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.
HighLights
- Excellent investment opportunity with income potential or owner‑occupancy
- Convenient location with easy access to I‑35 and Hwy 46
- Two units: Unit 957 (2 bed, 2.5 bath) and Unit 959 (3 bed, 2.5 bath) offering flexibility
- Double‑car garage for each unit and extra driveway parking
- Open‑concept kitchen, dining, and living areas in both units
- Well‑maintained property inside and out on a desirable corner lot with privacy fenced backyard
Overview
This well-maintained duplex presents an excellent investment or owner-occupant opportunity. Situated on a desirable corner lot, the property offers convenient access to I-35 and Hwy 46. Unit 957 features 2 bedrooms and 2.5 baths, while Unit 959 offers 3 bedrooms and 2.5 baths, providing flexibility for tenants or multi-generational living. Both units include open-concept kitchen, dining, and living areas, creating a comfortable and functional layout. Additional features include a double-car garage for each side, extra driveway parking, and spacious bedroom layouts. The property is well-maintained inside and out and includes a privacy-fenced backyard. The corner lot location adds convenience and curb appeal. With a property size of 3408 square feet and a lot size of 0.3 acres, this duplex offers a combination of location, functionality, and income potential. It is located in New Braunfels, Texas, in Comal County.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$388.6K
NOI $34,975 @ 9.00% cap · cautious / downside scenario
Moderate
$499.6K
NOI $34,975 @ 7.00% cap · market / base-case scenario
Aggressive
$699.5K
NOI $34,975 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Multifamily LT 5
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $55.2k | $16.20 |
| − Vacancy | −$5.2k | −$1.54 |
| EGI | $50.0k | $14.66 |
| − OpEx | −$15.0k | −$4.40 |
| NOI | $35.0k | $10.26 |
3,408 SF · lease $16.20/SF/yr · vacancy 9.50% · expense 30.00%
Alternative Use Scenarios
Best Use
Multifamily LT 5
$499.6K
$437.2K – $582.9K
NOI $34,975 @ 7.0% cap · market cap 8.23%
Second Best
Apartment 5plus
$433.8K
$379.6K – $506.1K
NOI $30,365 @ 7.0% cap · market cap 7.14%
Theoretical Best
Office A
$869.3K
$760.7K – $1.01M
NOI $60,853 @ 7.0% cap · market cap 14.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- New Braunfels
- County
- Comal
- State
- Texas
- Longitude
- -98.09211
- Latitude
- 29.693144
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Well-maintained duplex with convenient location and income potential.
Where is this duplex located?
The property is located at 957 / 959 Misty Acres Drive New Braunfels, TX.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Excellent investment opportunity with income potential or owner‑occupancy; Convenient location with easy access to I‑35 and Hwy 46; Two units: Unit 957 (2 bed, 2.5 bath) and Unit 959 (3 bed, 2.5 bath) offering flexibility
