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1036 Linde Ave,  New Braunfels TX, 78130

(Active)
$800,000
|
700 sqft
|
MLS# 9100238
Last Updated: 5/18/2024 10:15 AM
Description for 1036 Linde Ave New Braunfels, TX 78130
**Investment Opportunity in the Heart of New Braunfels, TX!**Welcome to 1036 Linde Ave, a lucrative 8-unit apartment building nestled in the flourishing city of New Braunfels, TX. This prime property offers a blend of modern amenities, strategic location, and a promising investment potential. *Property Highlights:*- 8-unit apartment building with 4 units downstairs and 4 units upstairs.- Spacious and well-designed floor plans to cater to diverse tenant needs.- Small storage area at the back for added convenience.- Huge lot with a fenced-in backyard, providing privacy and outdoor space for residents.- Recent renovations in most units, including removal of carpets for easy maintenance.- Established reputation with a high demand from potential tenants, resulting in 100% occupancy.- Located in the second-fastest-growing city in the US, showcasing a high level of demand for rental properties.**Investment Benefits:**1. **Stable Income:** Benefit from a consistently high occupancy rate, ensuring a steady and reliable rental income stream.2. **Low Maintenance:** Recent renovations, including carpet removal, contribute to lower maintenance costs and increased property value.3. **Room for Growth:** Expansive lot provides ample room for future expansion or additional amenities, catering to the growing demand in the area.**Why Invest in New Braunfels?**- Booming Economy: New Braunfels boasts a thriving economy, attracting a diverse population and contributing to the demand for rental properties.- Recreational Paradise: Positioned near the beautiful Guadalupe and Comal Rivers, offering residents a high quality of life with abundant recreational opportunities.- Easy Access: Conveniently located with access to major highways, providing easy commuting for residents.
Price
$800,000
Sir Gerald 1
Comal
700 (approx)
9100238
Active
Description
**Investment Opportunity in the Heart of New Braunfels, TX!**Welcome to 1036 Linde Ave, a lucrative 8-unit apartment building nestled in the flourishing city of New Braunfels, TX. This prime property offers a blend of modern amenities, strategic location, and a promising investment potential. *Property Highlights:*- 8-unit apartment building with 4 units downstairs and 4 units upstairs.- Spacious and well-designed floor plans to cater to diverse tenant needs.- Small storage area at the back for added convenience.- Huge lot with a fenced-in backyard, providing privacy and outdoor space for residents.- Recent renovations in most units, including removal of carpets for easy maintenance.- Established reputation with a high demand from potential tenants, resulting in 100% occupancy.- Located in the second-fastest-growing city in the US, showcasing a high level of demand for rental properties.**Investment Benefits:**1. **Stable Income:** Benefit from a consistently high occupancy rate, ensuring a steady and reliable rental income stream.2. **Low Maintenance:** Recent renovations, including carpet removal, contribute to lower maintenance costs and increased property value.3. **Room for Growth:** Expansive lot provides ample room for future expansion or additional amenities, catering to the growing demand in the area.**Why Invest in New Braunfels?**- Booming Economy: New Braunfels boasts a thriving economy, attracting a diverse population and contributing to the demand for rental properties.- Recreational Paradise: Positioned near the beautiful Guadalupe and Comal Rivers, offering residents a high quality of life with abundant recreational opportunities.- Easy Access: Conveniently located with access to major highways, providing easy commuting for residents.
Listing Information
Property Type: Multi-Family, Business Opportunities, 2 Story
0.42 Acres 700 (approx) 1978
2 Brick
Sir Gerald 1
Slab
Public
Public Sewer
Electricity Available
Multi-Family
Neighborhood
Room Information
Interior Features
Tile, Laminate
Central Air
Other, Central
Exterior / Lot Features
16 Parking Spaces, Additional Parking, Off Street
Brick
Driving Directions
Head northeast on I-35 N > Take exit 186 toward Walnut Ave > Merge onto N Interstate 35 Frontage Rd > Continue straight to stay on N Interstate 35 Frontage Rd > Turn right onto Linde Ave > Turn right to stay on Linde Ave
Financial Considerations
600950002701
$9,700
Cash, Conventional
Listing Price History

New Braunfels Real Estate

New Braunfels is located in Texas. New Braunfels, Texas 78130 has a population of 92,893.

The median household income in New Braunfels, Texas 78130 is $70,673. The median household income for the surrounding county is $76,763 compared to the national median of $66,222. The median age of people living in New Braunfels 78130 is 37 years.

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Courtesy: Teifke Real Estate, (512) 870-8184
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS
This content last refreshed on 5/18/2024 10:15 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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