316 Castin Ln New Braunfels, TX 78130
Estimated payment $8,120/month
Highlights
- Gated Community
- Mature Trees
- Laundry Room
- 11 Acre Lot
- Multiple cooling system units
- Inside Utility
About This Home
Discover the potential of this 11-acre multi-purpose property with 4 rental units in the vibrant community of New Braunfels, TX. A duplex with both renters month to month, a 1 bedroom 2 bath 2 story home and a 2 bedroom 1 bath manufactured home. Ideally situated for various uses, this expansive land features four rental units, providing immediate income potential. Each unit offers comfortable living spaces, making it perfect for short-term rentals or long-term tenants. With a future road on the northwest side of the property, the property's generous size allows for diverse opportunities, whether you're interested in expanding the rental units, starting a new business, or subdividing the land for residential development. With its prime location in a rapidly growing area, this land offers both immediate benefits and long-term value. New Braunfels is known for its charming blend of small-town atmosphere and modern amenities, with popular attractions like the Comal River and Gruene Historic District just a short drive away. With both Austin and San Antonio close this location ensures a steady flow of potential tenants and visitors. Don't miss this unique chance to invest in a versatile piece of land with rental income already in place. Whether you're looking to develop, invest, or create a custom project, this 11-acre property provides a solid foundation for your vision.
Listing Agent
Keller Williams Heritage Brokerage Phone: 210-493-3030 License #0533935 Listed on: 09/04/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,782
Year Built
- Built in 2007
Lot Details
- 11 Acre Lot
- Property fronts a private road
- Paved or Partially Paved Lot
- Mature Trees
Parking
- 3 Carport Spaces
Home Design
- Duplex
- Slab Foundation
- Metal Roof
Interior Spaces
- Walk-in Shower
- 4,100 Sq Ft Home
- Property has 1 Level
- Ceiling Fan
- Combination Kitchen and Dining Room
- Inside Utility
- Vinyl Flooring
Kitchen
- Built-In Oven
- Electric Range
- Dishwasher
- Kitchen Island
Laundry
- Laundry Room
- Washer and Electric Dryer Hookup
Utilities
- Multiple cooling system units
- Heat Pump System
- Electric Water Heater
- Septic Tank
- High Speed Internet
Listing and Financial Details
- Tax Lot 5E-1A
- Assessor Parcel Number 187702
Community Details
Overview
- Property has a Home Owners Association
- 4 Units
- Huisache Hills Subdivision
Security
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $6,493 | $570,118 | $267,900 | $302,218 |
| 2023 | -- | $750,811 | $441,476 | $309,335 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/04/2024 09/04/24 | For Sale | $1,350,000 | -- | $329 / Sq Ft |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $70,000 | Credit Line Revolving |
Source: Central Texas MLS (CTXMLS)
MLS Number: 555772
APN: 1G1449-0000-05E1A-0-00
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