1911 Palace Dr, New Braunfels, TX 78130
- $304,000
- 3
- BD
- 2
- BA
- 1,663
- SqFt
- List Price
- $304,000
- Status
- ACTIVE
- MLS#
- 4794843
- Price Change
- ▼ $15,000 1781553548
- Days on Market
- 168
- Bedrooms
- 3
- Bathrooms
- 2
- Living Area
- 1,663
- Lot Size
- 10,402
- Area
- Comal/Guadalupe/Gonzales
Property Description
Turnkey investment opportunity in the established Palace Heights neighborhood of New Braunfels. This 3-bedroom, 2-bath home with approximately 1,740 square feet is currently tenant-occupied with a lease in place through **September 30, 2026**, providing immediate rental income for a new owner. The lease may be extended if mutually agreed upon by the tenant and new owner. The home features a functional single-story layout with spacious living areas and is conveniently located near I-35, downtown New Braunfels, shopping, dining, and major employment corridors. Enjoy close proximity to Memorial Elementary School, Walnut Springs Elementary School, and Fischer Park, less than five minutes away, featuring trails, playgrounds, splash pads, fishing ponds, and open green space. Current rent is above the area average, making this an attractive option for investors seeking immediate cash flow while avoiding vacancy costs. It also appeals to buyers planning future owner-occupancy after the lease expires. Documentation is available upon request, including the current lease agreement, updated Seller's Disclosure Notice, foundation repair documentation, engineer's completion report, plumbing repair invoices, appliance replacement receipts, and maintenance records. The seller completed professional foundation repairs in 2023 with an engineer's certification, plumbing repairs, and recent appliance replacements. Property is offered **AS-IS**. Buyers are encouraged to conduct their own inspections and due diligence. The available documentation provides transparency and helps buyers make an informed purchasing decision.
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Additional Information
- Taxes
- $6,123
- Tax Year
- 2025
- Year Built
- 1986
- Garage Spaces
- 2
- Parking Spaces
- 4
- Exterior Features
- Gutters Full, Private Yard
- Interior Features
- Breakfast Bar, Ceiling Fan(s), Ceiling-High, Double Vanity, Entrance Foyer, High Speed Internet, Open Floorplan, Pantry, Walk-In Closet(s)
- Roof
- Composition, Shingle
- Appliances
- Dishwasher, Disposal, Electric Range, Microwave, Electric Water Heater
- Construction
- Brick, Masonry All Sides
- Num Fireplaces
- 1
- Region
- Comal/Guadalupe/Gonzales
- School District
- New Braunfels ISD
- Elementary School
- Memorial
- High School
- New Braunfels
- Middle School
- New Braunfels
- Sewer
- Public Sewer
- Stories
- 1
- Street Name
- Palace Dr
- Street Number
- 1911
- Neighborhood
- Palace Heights 2
- Water
- Public
- Guest Accommodations
- None
- Acres
- 0.24
- County
- Comal
- Floor
- Laminate, Tile
- Heating
- Central, Electric, Fireplace(s)
- Lot Description
- Back Yard, Front Yard
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Listing courtesy of eXp Realty, LLC. Contact: (512) 749-6532
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