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New Braunfels Duplex Motivated Seller $360k

3019 Lodgepole Ln, New Braunfels
ROI
16.17% IRR
Strategy
Long Term Rental
Originally listed at $400K—seller will take $360K, giving the buyer $40K in built-in equity at closing. 2008 build, well-maintained, and fully occupied with tenants paying $1,575 and $1,650. Each unit is a 3 bed, 2 bath. Lease expirations: 5/22/25 & 8/8/25. Market rent is $1,750 per unit, offering future upside. Located in a B+ area with low vacancy and strong appreciation. Self-manage or hire a PM for hands-off ownership. Taxes $7,186.

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New Braunfels Duplex Motivated Seller $360k

Listed 02/10/2025

3019 Lodgepole Ln, New Braunfels

Purchase Price:$360,000

Cash Outlay:$97,200

Cashflow:$333/mo

Cap Rate:6.98%

IRR:16.17%

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