$319,000

Estimated payment $2,208/month

Total Views 1,268
5 Beds
2 Baths
1,818 Sq Ft
$175 Price per Sq Ft

Highlights

  • Covered Patio or Porch
  • 1-Story Property
  • Fenced
  • Goodwin Frazier Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

Income-producing duplex on a 0.26-acre corner lot in the established Rhine Terrace neighborhood of New Braunfels, within Comal County and the Comal ISD boundary. Both sides are currently leased, making this a true turnkey investment with no HOA. The 1502 unit is a 3-bedroom/1-bath and the 1504 unit is a 2-bedroom/1-bath, each offering its own private entry, full kitchen, full bath, and attached single-car garage with a separate driveway, and each is separately metered for electric, water, sewer, and garbage through the City of New Braunfels so tenants carry their own utilities. Both units feature wood-look flooring, neutral paint, ceiling fans, double-closet bedrooms, and tub/shower baths, while the shaded corner lot offers mature pecan trees, a covered screened porch, a concrete patio, and a wood-privacy-fenced backyard. Ideally located just minutes from I-35, downtown New Braunfels, and the Comal and Guadalupe Rivers, this is a low-maintenance hold in a steadily growing rental market.

Listing Agent

Kyle Ritter

Anders Pierce Realty Listed on: 06/26/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,817

Year Built

  • Built in 1971

Lot Details

  • 11,238 Sq Ft Lot
  • Fenced

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,818 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Schools

  • Goodwin Frazier Elementary School
  • Churchhill Middle School
  • Canyon High School

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • Rhine Terrace Subdivision

Listing and Financial Details

  • Legal Lot and Block 38 / 2
  • Assessor Parcel Number 450610005000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,817

Year Built

Built in 1971

Lot Details

0.26 Acres

Listing Details

  • Year Built: 1971
  • Property Sub Type: _1STRY
  • Prop. Type: MF
  • Lot Size Acres: 0.258
  • Subdivision Name: Rhine Terrace
  • Directions: From I-35, take Exit 191 toward FM 306. Head east on FM 306 (Farm-to-Market 306), then turn onto Eichen Rd into the Rhine Terrace subdivision. Continue a short distance and 1502 Eichen Rd will be on your right.
  • Cooling_RR: _2CNTR
  • SAB_Exterior_RR: SDING
  • Flooring_RR: LMNAT
  • FoundationDetails_RR: SLAB
  • SAB_HeatingFuel_RR: ELEC
  • Listoffceaddressstreetname: S. Seguin
  • HotsheetDate: 2026-07-07T05:07:49Z
  • Price_ Sq Ft: 175.46
  • ArchitecturalStyle_RR: _1STRY
  • SAB_HoaMandatory: NONE
  • Cooling_CM: _2CNTR
  • SAB_Water_sewer_CM: WTRSY
  • Cooling_RINC: _2CNTR
  • SAB_Exterior_RINC: SDING
  • Flooring_RINC: LMNAT
  • FoundationDetails_RINC: SLAB
  • SAB_HeatingFuel_RINC: ELEC
  • Roof_RINC: COMP
  • ArchitecturalStyle_RINC: _1STRY
  • Cooling_RLSE: _2CNTR
  • SAB_Exterior_RLSE: SDING
  • Flooring_RLSE: LMNAT
  • FoundationDetails_RLSE: SLAB
  • SAB_HeatingFuel_RLSE: ELEC
  • SAB_Water_sewer_RLSE: WTRSY
  • ArchitecturalStyle_RLSE: _1STRY
  • Cooling_CO: _2CNTR
  • SAB_Exterior_CO: SDING
  • SAB_HeatingFuel_CO: ELEC
  • SAB_Exterior_FR: SDING
  • SAB_Water_sewer_FR: WTRSY
  • ArchitecturalStyle_FR: _1STRY
  • Cooling_COMS: _2CNTR
  • Cooling_RESI: _2CNTR
  • SAB_Exterior_RESI: SDING
  • FoundationDetails_RESI: SLAB
  • SAB_HeatingFuel_RESI: ELEC
  • SAB_Water_sewer_RESI: WTRSY
  • ArchitecturalStyle_RESI: _1STRY
  • SAB_AirConditioning: _2CNTR
  • SAB_Exterior_RE: SDING
  • FoundationDetails_RE: SLAB
  • SAB_HeatingFuel_RE: ELEC
  • SAB_Water_sewer_RE: WTRSY
  • ArchitecturalStyle_RE: _1STRY
  • Cooling_COML: _2CNTR
  • SAB_Exterior_FARM: SDING
  • SAB_Water_sewer_FARM: WTRSY
  • ArchitecturalStyle_FARM: _1STRY
  • Cooling_MF: _2CNTR
  • SAB_Exterior_MF: SDING
  • Flooring_MF: LMNAT
  • FoundationDetails_MF: SLAB
  • SAB_HeatingFuel_MF: ELEC
  • Roof_MF: COMP
  • ArchitecturalStyle_MF: _1STRY
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Living Area: 1818.0

Exterior Features

  • Builder Name: Unknown
  • ExteriorFeatures_RR: CVPAT, PVFNC
  • ExteriorFeatures_RINC: CVPAT
  • ExteriorFeatures_RLSE: CVPAT, PVFNC
  • ExteriorFeatures_RESI: CVPAT, PVFNC
  • ExteriorFeatures_RE: CVPAT, PVFNC
  • ExteriorFeatures_MF: CVPAT

Garage/Parking

  • UnitType1GarageSpaces: 1

Utilities

  • Heating_RINC: CNTRL
  • Heating_MF: CNTRL

Schools

  • Elementary School: GOODWIN_FRAZIER
  • High School: CANYON
  • Middle Or Junior School: CHURCHHILL

Lot Info

  • Parcel #: 450610005000

Multi Family

  • Property Net Operating Income: 19879.0
  • Annual Operating Expense: 8871.0
  • Vacancy Allowance Rate: 4.0

Tax Info

  • Tax Annual Amount: 5817.0
  • Tax Block: 2
  • Tax Lot: 38
  • Tax Year: 2025

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,817 $325,200 $68,250 $256,950
2024 $5,878 $333,950 $68,250 $265,700
2023 $5,878 $322,750 $65,000 $257,750
2022 $5,340 $270,630 $65,000 $205,630
2021 $4,242 $200,320 $55,000 $145,320
2020 $3,460 $158,260 $30,000 $128,260
2019 $2,946 $131,750 $30,000 $101,750
2018 $2,867 $128,210 $30,000 $98,210
2017 $2,709 $121,430 $20,000 $101,430
2016 $2,384 $106,850 $20,000 $86,850
2015 $2,504 $109,520 $20,000 $89,520
2014 $2,504 $112,210 $20,000 $92,210
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/26/2026 06/26/26 For Sale $319,000 -- $175 / Sq Ft
Source: San Antonio Board of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Vendors Lien -- Providence Title Co
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Closed $123,750 New Conventional
Source: Public Records

Source: San Antonio Board of REALTORS®

MLS Number: 1995444

San Antonio Board of REALTORS®

APN: 45-0610-0050-00

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