362 Faust St E, New Braunfels, TX 78130
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Priced at Only: $625,000
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Address: 362 Faust St E, New Braunfels, TX 78130
Property Location and Similar Properties
- MLS#: 1824073 ( Multi-Family (2-8 Units) )
- Street Address: 362 Faust St E
- Viewed: 34
- Price: $625,000
- Price sqft: $289
- Waterfront: No
- Year Built: 2011
- Bldg sqft: 2160
- Days On Market: 33
- Additional Information
- County: COMAL
- City: New Braunfels
- Zipcode: 78130
- Subdivision: Kuehler Add
- District: New Braunfels
- Elementary School: New Braunfel
- Middle School: New Braunfel
- High School: New Braunfel
- Provided by: Keller Williams Heritage
- Contact: Romel Gregorio
- (361) 779-3860
- DMCA Notice
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DescriptionWelcome to 362 E. Faust St. in the heart of vibrant New Braunfels! This well maintained duplex, built in 2011, offers an incredible opportunity for comfortable living or investment. With a total of 2,160 square feet, each side features 1,080 square feet of well designed living space, including 3 bedrooms, 2 baths, and an attached single car garage. Both units are fully leased, providing immediate and reliable rental income for investors. Each unit boasts spacious interiors with open floor plans, a covered patio, and a shaded backyard, perfect for outdoor relaxation or entertaining. The layout is ideal for families, professionals, or tenants seeking the perfect balance of functionality and comfort. This property also allows for short term rentals, making it an exceptional investment opportunity in a highly desirable area. Just moments from the historic Faust Street Bridge and the Guadalupe River, the property offers easy access to recreational activities and the charm of downtown New Braunfels. Also for sale just two doors down is another duplex (388 E. Faust St.) identical to this one, presenting a rare opportunity to expand your investment portfolio with ease. Whether you're looking to invest in a single property or secure two well performing assets, these duplexes check all the boxes. Don't miss your chance to own turnkey investments in one of New Braunfels' most sought after locations.
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Features
Building and Construction
- Apprx Age: 13
- Builder Name: UNKNOWN
- Exterior Features: Brick
- Flooring: Stained Concrete
- Foundation: Slab
- Roofing: Composition
- Source Sqft: Appraiser
School Information
- Elementary School: New Braunfel
- High School: New Braunfel
- Middle School: New Braunfel
- School District: New Braunfels
Eco-Communities
- Water/Sewer: City
Utilities
- Air Conditioning: Two Central
- Heat: 2 Units
- Heating Fuel: Electric
- Meters: Separate Electric, Separate Water
Finance and Tax Information
- Annual Operating Expense: 2681
- Days On Market: 21
- Home Owners Association Mandatory: None
- Net Operating Income: 40519
- Total Tax: 9033
Other Features
- Block: 1055
- Contract: Exclusive Right To Sell
- Instdir: From IH-35 North exit S. Seguin St and go west. Turn right on E. Faust St. and property is on right.
- Legal Description: KUEHLER ADDITION, NEW CITY BLOCK 1055, LOT 5 & 6
- Op Exp Includes: Insurance, Maintenance, Services
- Ph To Show: 8303210471
- Salerent: For Sale
- Style: One Story
- Views: 34
- Zoning: C3
Owner Information
- Owner Lrealreb: No
Similar Properties
- Millie Wang
- Premier Realty Group
- Mobile: 210.289.7921
- Office: 210.641.1400
- mcwang999@gmail.com