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New Braunfels Cashflowing Duplex $299k

291 Water Ln, New Braunfels
ROI
16.47% IRR
Strategy
Long Term Rental
Located in New Braunfels, one of the fastest growing towns sitting between Austin and San Antonio on the I35 growth corridor. Lease comps are solid at $1395 per unit with 4 identical units leasing for $1395 in the last 12 months on that same street. Here is a good condition asset, in a good neighborhood, throwing off a mix of cashflow and appreciation under $300k. Taxes $6220.

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New Braunfels Cashflowing Duplex $299k

Listed 06/03/2025

291 Water Ln, New Braunfels

Purchase Price:$299,000

Cash Outlay:$80,730

Cashflow:$289/mo

Cap Rate:7.00%

IRR:16.47%

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