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$433,888

$439,000

706 Saengerhalle Road, New Braunfels, TX, 78130

On MarketInfo
Price DropInfo
Beds— Beds
Baths— Bath
Baths2,738 Sq Ft
DuplexDuplex
price_per_sqft$158.47 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Garage AvailableGarage Available
CoolingCooling
AppliancesDishwasher, Electric Range, Disposal, Refrigerator, Water Heater, Some Electric Appliances, Microwave, Range
FlooringConcrete, Painted Stained

Exterior

Lot Size8,276 sqft

Building Information

Year Built2016
Stories1
Roof Type105
Garage Spaces3

Land Information

APN1G-3901-1001-01400-000
Lot Number14
SubdivisionSaengerhalle Estates
Land UseDuplex Main Floor
Legal DescriptionSAENGERHALLE ESTATES BLOCK 1 LOT 14 .19 AC
Census Tract210509
Assessed Land Value$39,092
Assessed Improvement Value$421,998
Assessment Year2025

About this property

Excellent investment opportunity featuring two well-designed units (both units are 3 bedrooms, 2 baths & 1,369 sq ft) with matching floor plans, finishes and amenities. The consistent layouts make leasing, maintenance and future updates simple and cost-effective. Street address is 706 & 708 Saengerhalle Rd. Each unit offers an open living area with impressive 11-foot ceilings, a primary bedroom with 10-foot ceilings, stained-concrete flooring throughout and no carpet. The kitchen includes granite countertops, a breakfast bar, pantry, recessed lighting, 42-inch upper cabinets, refrigerator, dishwasher, built-in microwave and electric range. Additional features include vaulted ceilings, ceiling fans, walk-in closets, shower/tub combinations, indoor laundry rooms and garage-door openers. Each unit also offers a 10-by-20-foot covered patio with a ceiling fan, fenced yard, full sod and sprinkler system. The xeriscaped front yard is maintained by the POA, helping reduce exterior upkeep. Conveniently located approximately 3.5 miles from Creekside shopping, restaurants and entertainment, approximately 5 miles from downtown New Braunfels and from historic Gruene Hall. This attractive, low-maintenance duplex offers investors two rental units in a desirable and convenient location.

Investor Tools

$188,860Estimated Mortgage Balance
$272,230Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,767 /month
Positive
Cash Flow Estimate:
$922 /month

Interested in this property?

Brian Jones

Home Team of America

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$942/month
$275/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,993
$461,090
2025
$39,092
$421,998
$461,090
No

Tax History

Year
Tax Paid
Assessed Value
2023
$8,993
$461,090

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Directions Equity Llc
Conventional
$238,425
No
First
Oct 27, 2016
Nov 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$188,860
$272,230
59%
41%
$1,430/mo

City: New Braunfels