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Three-Bedroom Duplex with Garages
For Sale
$449,000

343&345 Emma Drive, New Braunfels, TX 78130

Residential, New Braunfels, TX

Property Size2,650 SF
Lot Size0.19 Acres
Price / SF$169.43
Days on Market131

Property Features for 343&345 Emma Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Full bathrooms 4
Rooms Bedroom 4, Bedroom 5, Bedroom 2, Bedroom 6, Bathroom 1, Bathroom 3, Bathroom 2, Bedroom 3, Bathroom 4, Bedroom 1
Parking features Open, Garage
Patio and Porch features Patio
Interior features TrayCeilings, CeilingFans, CarbonMonoxideDetector, DoubleVanity, HighCeilings, PullDownAtticStairs, StoneCounters, ShowerOnly, SeparateShower, TubShower, WalkInClosets, BreakfastBar, GraniteCounters, KitchenFamilyRoomCombo, KitchenDiningCombo, Pantry, SolidSurfaceCounters
Exterior features CoveredPatio
Fencing Privacy
Appliances Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, MultipleWaterHeaters, Refrigerator, SomeElectricAppliances, Microwave, Range
Subdivision MALDONADO#1 AKA SAMUELS COURT#2
Lot features Sprinklers In Rear, Sprinklers In Front, Mature Trees, Outside City Limits, Sprinklers Automatic, Less Than Quarter Acre
High school Long Creek High School
Elementary school district New Braunfels ISD
Middle school district New Braunfels ISD
High school district New Braunfels ISD
Directions Heading South on FM 725, turn right onto Joanne Cove, then left onto Eugene Pass. Eugene Pass then curves right onto Kaspar Way, then turn left onto Emma Drive. The property is on the left side.
Standard status Active
APN 171545
Size 2,650 SF
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description MALDONADO #1 AKA SAMUELS COURT #2 BLOCK 2 LOT 12 .19 AC
Tax Annual Amount 6698
HOA Fee $1,034 Annually
Legal Description MALDONADO #1 AKA SAMUELS COURT #2 BLOCK 2 LOT 12 .19 AC

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Electric, Central Air

Amenities

stained concrete flooring throughout
stainless appliances
granite countertops
large covered patios
privacy fencing
walk-in closet
double vanities
walk-in showers
xeriscaped yards

Building Details

Year built 2019
Floors in Building 1
Number of units 2
Flooring type Paintedstained, Concrete, Carpet
Building materials Brick, HardiplankType, Masonry
Roof type Composition, Shingle
Architectural style Other
Listing Agency: Property Professionals, Inc
Listed By: Roy Guzman · License #0521363
Added: Jun 9 Changed: Sep 13 Last Checked: Oct 17 at 7:06AM
MLS# 616117

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.

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Investment Insights

Based on property information with market context.

Built in 2019, this duplex contains 2,650 square feet across two residences, with each unit offering three bedrooms and two full bathrooms. Interior features include stained concrete flooring, granite countertops, stainless appliances, walk-in closets, double-vanity primary bathrooms, and walk-in showers. Both units also include a two-car garage, covered patio, privacy fencing, and xeriscaped yard areas.

The property occupies 0.19 acres and is served by public sewer. Central electric heating and cooling, composition shingle roofing, and masonry-based construction support the physical configuration. Both units are leased to tenants, with the current lease terms extending through August 31, 2027.

Key Highlights

  • 2,650‑square‑foot duplex on 0.19 acres
  • Two units, each with 3 bedrooms and 2 full bathrooms
  • Each unit includes a 2‑car garage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$27,196
Cap Rate
6.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$543,920 $543.9K
Cap Rate 7%
$388,514 $388.5K
Cap Rate 9%
$302,178 $302.2K
Market Conditions
NOI Build-Up for 2,650 SF
Gross rent
$42.9K $16.20/SF
− Vacancy
−$4.1K −$1.54/SF
EGI
$38.9K $14.66/SF
− OpEx
−$11.7K −$4.40/SF
NOI
$27.2K $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%
$543,920
Cap Rate 7%
$388,514
Cap Rate 9%
$302,178

Alternative Uses

Best Use
Multifamily LT 5
$388.5K
$340.0K – $453.3K (±1% cap)
NOI $27,196 @ 7.0% cap · market cap 6.06%
Second Best
Apartment 5plus
$337.3K
$295.2K – $393.5K (±1% cap)
NOI $23,612 @ 7.0% cap · market cap 5.26%
Theoretical Best
Office A
$676.0K
$591.5K – $788.6K (±1% cap)
NOI $47,318 @ 7.0% cap · market cap 10.54%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

78
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two attached residences offer updated finishes, private outdoor areas, and separate two-car garages.
Where is this duplex located?
The property is located at 343&345 Emma Drive New Braunfels, TX.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: 2,650‑square‑foot duplex on 0.19 acres; Two units, each with 3 bedrooms and 2 full bathrooms; Each unit includes a 2‑car garage
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